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Base your business strategy on insights, not intuitions
Take guess work out of your business decisions
Make your Payroll process predictable, reliable and timely
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Accounting and Payroll Service Providers for Indian SMBs

Finsmart Accounting is helping 150+ SMBs every day to make smarter financial decisions

In the last 15 years, 150+ businesses have trusted Finsmart to streamline their accounting and payroll operations and get the right financial insights in a timely manner. No wonder, are trusted by organisations for payroll outsourcing services in Pune, Mumbai and all over India. 

Finsmart Accounting combines AI-powered technology with human judgment to automate and streamline Accounting, Payroll, Compliances and enable timely Financial MIS to the Management. Our technology simplifies and accelerates processes, ensures timely deliverables, and provides reports with actionable insights for your business growth. Finsmart’s holistic partnership approach brings you a seamless outsourcing experience for you and your team.

Accounting and Payroll Outsourcing Services We Offer

1. Accounting and Compliance

Accounting and compliance processes can be a huge drain for an organization’s man-hours, especially with the effort required to understand and adapt to ever-changing tax laws. Constantly hiring, re-hiring and training accounting resources on internal processes and industry nuances can be detrimental to overall productivity and cost-efficiency. Leverage Finsmart’s offshore payroll services in India so that your accounting and compliance needs are met seamlessly. Re-allocate employees to critical business areas and revenue-generating tasks. 

Our resources in Pune and Mumbai have deep domain expertise and are trained on changes in laws and regulations on an ongoing basis so that your compliance needs are taken care of, with no effort required from your end. Finsmart Accounting offers end-to-end payroll and accounting outsourcing services to Indian SMBs including billing, bookkeeping and also providing monthly reports on cash flows and profitability. 

Scope of service:
  • Bookkeeping and Accounting Entries
  • Reconciliations
  • Monthly closing of financial data
  • GST and TDS compliance
  • Management reports

2. Payroll Management

Heavy workloads can sometimes impact crucial areas such as payroll management. A disciplined payroll function, however, is key to maintaining employee morale and the image of the organization. Win employee goodwill permanently by switching your payroll management process to the autopilot mode with Finsmart’s payroll outsourcing services in India. Finsmart Accounting ensure 100% data security as well as timeliness of salary payments, reliability, and quick resolution of employee queries. 

Scope of service:
  • Monthly payroll processing
  • Calculation of payroll statutory dues
  • Preparation and distribution of employee pay-slips and tax reports
  • Payroll Reports
  • PF, ESIC and other payroll compliance
  • Filing of e-TDS Returns
  • Annual verification of investment information
  • Issuance of Form-16 to employees

3. Accounts Review and MIS

With our Accounts Review and MIS services, we ensure that your month-end reviews, P&L reports, and compliance processes will be timely, efficient, and accurate. Furthermore, make your business decisions with confidence based on solid data and business intelligence through our MIS reports.

Scope of service:
  1. Accounting data Review
  2. Monthly closing of financial data
  3. Management Reports
  4. MIS review calls

Email at info@finsmartaccounting.com to request specific info on payroll outsourcing services in India.

4. CFO and Controller Services

How can you consistently hit your growth targets when your business decisions are based on incomplete and inaccurate financial information? In today’s landscape of cutting-edge competition, the organizations that are succeeding are the ones making data-driven choices.

Operating without business metrics and an intelligent dashboard that simplifies data can cause you to make blind financial decisions, and lose visibility of cash flow management cycles. Our CFO and Controller Services are designed to address all your financial intelligence needs, providing you with timely advice, reports, and metrics. Navigate business risks with confidence, and never miss business opportunities due to a lack of data or financial insights again.

Scope of service:
  • Business-aligned MIS systems
  • Financial statement analysis
  • Cash flow reports
  • Monthly board pack report
  • Monthly calls with CFO
  • Business and finance consultation

Why Choose Finsmart ?

Why Choose Finsmart ?

AI-powered FinOps

means that we blend AI tech with human expertise to ensure high accuracy, timely deliverables and streamlined processes, giving seamless outsourcing experience.

Flexi-tech Model

ensures our expertise across several leading accounting software and new generation cloud based tools and apps while helps seamless transition of data from both ends.

Flexi-scale Model

offers scalable teams of remote staff in Mumbai and Pune with right sizing options to meet your evolving requirements.

Secure-link Solution

ensures privacy of our clients’ data and provides need-based access to the various team members at both ends.

Client Connect

means that our experts believe in constant and ongoing communication to understand client objectives and deliver not just outcomes, but results.

SPEND ALL YOUR TIME ON ADDING CLIENTS AND GROWING YOUR BUSINESS

How it Works

Agreement Sign-Off

Agreement Sign-Off

Direction Arrows
Step 01
Resource Onboarding

Resource Onboarding

Direction Arrows
Step 02
Client Training

Client Training

Direction Arrows
Step 03
Test Run

Test Run

Direction Arrows
Step 04
Test Review

Test Review

Direction Arrows
Step 05
Go Live

Go Live

Featured Case Studies

Accounting and Finance Outsourcing

CLIENT OVERVIEW MediaMagic Technologies Pvt. Ltd. is a product engineering company in the Home Entertainment and Smart Home.

Payroll Management Services For India Based MNC

Facts The company is a renowned Automotive Parts manufacturing and having its Group Headquarters in Germany and operations

Accounting, MIS and Taxation Services For a Newly Incorporated Company in India

Facts The company is a fast growing Automotive Parts manufacturer and having its Headquarters in USA and operations.

Accounts Payable Service For a MNC Having Global Presence

Facts The company is a fast growing Automotive Parts manufacturer and having its Headquarters in USA and operations.

Featured Blogs

Statutory Compliances in Payroll: How Finsmart Can Help

Statutory Compliances in Payroll: How Finsmart Can Help

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6 Tips for Upselling to Existing Accounting, Taxation, and Bookkeeping Clients

6 Tips for Upselling to Existing Accounting, Taxation, and Bookkeeping Clients

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CPAs, Ease Your Tax Season. Here’s Top 3 Benefits of Outsourcing

CPAs, Ease Your Tax Season. Here’s Top 3 Benefits of Outsourcing Most CPAs and accounting firms struggle during the tax season, with the resource crunch taking a toll on their personal time. During these months, burning the midnight oil on weekends becomes common. One of the ways to solve this challenge is through outsourcing. At […]

Entrepreneurs, Here’s Why Financial MIS Makes Sense

Entrepreneurs, Here’s Why Financial MIS Makes Sense A lot of entrepreneurs and startups struggle with real-time accounting and on-time compliance. Many who can relate: Don’t have access to legit insights on how their business is doing Don’t know where the opportunity for growth lies Struggle with how to manage short or long-term cashflow cycles. That’s […]

7 Employee Retention Strategies for Accounting firms and CPAs

7 Employee Retention Strategies for Accounting firms and CPAs

Retaining employees has become a serious challenge for accounting firms and CPAs over the last few years. According to Accountants Daily, the average employee turnover rate for accountants is 13.4%. This number is higher than the average of 9.5% across almost all other industries. The biggest reason behind the high turnover rate in the accounting and […]

Raising Funds for Startups: 6 Preparation Tips from Finance Experts (Part 2)

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In Part 1 of our fundraising for startups series, we shared a list of tips and ideas to raise funds for your startup. If you have already read it, you must be aware of the best fundraising options. Whether you want to raise funds from angel investors, government funding schemes, or startup contests, there are some […]

Raising Funds for Startup: 5 Tips from Leading Finance Experts (Part 1)

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According to CB Insights, 38% of startups fail because they either run out of cash or fail to raise funds. Funding is basically the fuel on which young startups thrive before hitting profitability goals. No wonder, a lot of startups, especially those for which we manage accounting and AR/AP, often ask how to raise funds. In this blog, […]

Key Accounting Compliances Every Startup in India Should Be Aware of

Key Accounting Compliances Every Startup in India Should Be Aware of

Ensuring accurate financial reporting and adhering to key accounting compliances are important for startups and growing businesses in India. Just like delivering excellent customer service generates repeat business and enhances reputation, adhering to local accounting laws and regulations guarantees that your business runs smoothly and stays legally protected.   A lot of young entrepreneurs in India […]

Hiring Certified Tax Preparer in 2023: Useful Tips to Consider

Hiring Certified Tax Preparer in 2023: Useful Tips to Consider

Planning to hire a certified tax preparer? You are not alone this tax season. Timely filing of taxes has great importance for businesses of all sizes but a lot of business owners due to limited time or bookkeeping knowledge fail to do the same. As a result, they either run out of time or fail […]

FaaS Accounting: Meaning, Difference, Benefits, and More

FaaS Accounting: Meaning, Difference, Benefits, and More

Many startups across the globe are adopting FaaS accounting to manage working capital, make accurate forecasts, and reduce operating costs. But needless to say that there are some entrepreneurs who have limited know-how about this dynamic delivery model of accounting. In this blog, Finsmart Accounting – trusted by CPAs for outsourcing to India – will share everything […]

10 Steps to Make Your Startup Recession-proof: Maanoj Shah

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The blowback from the coronavirus and now the ongoing war between Russia-Ukraine triggered a global economic slump in 2022. Young entrepreneurs, especially those who are running new ventures, are finding it difficult to hit sales targets and invest in new products. No wonder, a lot of them are looking for ways to make their business […]

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‘Tally vs Zoho’ is a never-ending debate that has been baffling entrepreneurs looking for the right accounting software in India. Both accounting software are accepted across the Indian subcontinent for streamlining finance, managing budgets, handling cash flows, and supporting many other accounting activities. However, both have their quirks and it is really important to know […]

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