F&A assistants

"Welcome to RND Softech's finance & accounting services"

At RND Softech, we take pride in offering top-notch Finance & Accounting services that are backed by years of experience, exceptional quality, and a comprehensive platform/API skillset in the F&A domain. Our remote services ensure seamless operations and efficient financial management for your business. We provide exceptional bookkeeping services that aid businesses in efficiently handling their finances and making well-informed choices. Our all-encompassing bookkeeping procedure encompasses a variety of vital tasks to guarantee the precision, currency, and alignment of your financial records with your business's performance.

Services offered

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General reporting

  • Our team is skilled at preparing and analyzing reports that offer valuable insights into your company's financial health. By identifying trends, issues, and opportunities for improvement, we empower you to make informed strategic decisions that drive growth and success.

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Journal entries

  • Ensuring the accuracy and timeliness of financial transaction records is of utmost importance. Our proficient bookkeepers meticulously prepare journal entries, recording each financial transaction with precision, so you can rely on the integrity of your financial data.

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Accurate financial statements

  • We understand the significance of precise financial statements. Our experts work diligently to prepare accurate and timely financial statements, including income statements and balance sheets, to give you a clear understanding of your company's financial position.

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Other bookkeeping related works

  • Beyond the key tasks mentioned above, we handle various other bookkeeping-related responsibilities to support your business's financial well-being. From managing accounts receivable and accounts payable to reconciling bank statements, we've got you covered.

The transformative role of artificial intelligence in content moderation

  • Artificial intelligence revolutionizes content moderation with its transformative capabilities:

    • Automated detection:
      Our AI-powered tools automate content analysis, efficiently flagging potentially problematic content such as hate speech and graphic imagery for swift action.
    • Efficiency enhancement:
      By automating routine moderation tasks, AI technologies augment the efficiency of our moderation efforts, enabling our team to focus on nuanced cases that require human judgment.
    • Accuracy improvement:
      Continuously learning and adapting, AI algorithms enhance the accuracy of moderation decisions over time, ensuring precise content categorization and evaluation.
    • Scalability:
      AI scalability empowers us to handle large volumes of user- generated content seamlessly, accommodating platform growth without compromising on moderation quality or efficiency.

    Accounts payables

  • We excel in providing comprehensive and efficient Accounts Payables services, ensuring smooth financial operations for your business. Our dedicated team of professionals is well-versed in handling various aspects of Accounts Payables with precision and attention to detail.

    • Invoice creation:
      Our streamlined process begins with the creation and organization of vendor invoices. We meticulously record and manage each invoice to maintain accurate financial records.
    • Proactive invoice management:
      We understand the significance of timely payments. Our team is dedicated to checking emails frequently and monitoring bill portals to promptly receive and process vendor invoices.
    • Invoice reconciliation:
      To maintain accuracy, we reconcile vendor invoices with corresponding purchase orders, resolving any discrepancies promptly.
    • Timely payments:
      Our commitment to financial responsibility extends to paying vendors before the due dates, fostering strong business relationships.
    • Efficient invoice upload:
      With our state-of-the-art software, we upload bills and ensure proper coding and classification for easy tracking and seamless analysis.
    • Collaborative approach:
      We believe in open communication and collaboration with vendors. Our team actively engages with them to address payment-related inquiries and ensure mutual understanding.
    • Transparent communication:
      Building on our collaborative approach, we send regular emails to vendors, keeping them informed about payment statuses and invoice updates.
    • Rigorous auditing:
      To ensure compliance and precision, we conduct regular audits of invoices and payments, safeguarding your financial processes.

    Accounts receivables

  • We pride ourselves on offering top-notch Accounts Receivables services to streamline your financial operations. Our expert team is committed to managing your receivables efficiently, ensuring a healthy cash flow for your business.

    • Sales invoices preparation:
      Our process begins with preparing accurate sales invoices, tailored to your sales orders and information. This meticulous approach guarantees transparent and error-free invoicing.
    • Timely invoicing:
      We prioritize promptness in sending invoices and monthly Accounts Receivables aging statements to your customers. Our proactive approach keeps your customers informed and engaged.
    • Invoice reconciliation:
      Utilizing cutting-edge software, we upload invoices with proper coding and classification, making it easy to track and analyze receivables.
    • Friendly payment reminders:
      Ensuring timely payments is essential, and we achieve this by sending friendly email reminders to your customers, maintaining professionalism and courtesy.
    • Building positive customer relations:
      We believe in nurturing positive relationships with your customers through effective email and call interactions. Our dedicated team fosters open communication to address any concerns promptly.
    • Regular aging reports check:
      To stay ahead of your receivables, we routinely check aging reports, providing a clear overview of outstanding payments. Our dedicated team fosters open communication to address any concerns promptly.

    Bank reconciliation process

  • Bank reconciliation process We understand the importance of maintaining accurate and up-to-date financial records for your business. Our Bank Reconciliation Process is designed to ensure that your financial statements align with your actual bank account balances, providing you with a clear and precise understanding of your financial health.

    • Updating bank entries, invoices:
      Our expert team diligently updates all bank entries and invoices, meticulously recording each transaction to reflect all incoming and outgoing funds accurately.
    • Coding the bank / CC entries:
      Properly categorizing bank and credit card entries is essential for easy tracking and analysis. Our skilled professionals code each entry meticulously to ensure seamless organization.
    • Mid & monthly reconciliation:
      To maintain the integrity of your financial data, we perform mid and monthly reconciliations. By cross-verifying your recorded financial data against bank statements, we promptly identify any discrepancies and take necessary actions.
    • Checking of differences & correcting in software:
      Should any differences arise during the reconciliation process, we conduct thorough checks to determine their cause. Our team then corrects these discrepancies within the accounting software to maintain the accuracy of your financial records.

    Payroll service

  • Welcome to RND Softech, your trusted partner in comprehensive Payroll Services. We understand that managing payroll can be complex and time-consuming, which is why we offer a range of efficient solutions to meet your unique needs.

    • Weekly and bi-weekly payroll process:
      Our team ensures accurate and timely processing of weekly and bi-weekly payrolls, guaranteeing your employees receive their salaries promptly.
    • Monthly and semi-monthly payroll process:
      With our expertise, we efficiently handle monthly and semi-monthly payrolls, providing seamless compensation management for your workforce.
    • Timesheet processing:
      We streamline timesheet processing, making it effortless to track employee hours and calculate accurate pay.
    • Salary checking:
      Our meticulous salary checking process guarantees that employee wages, benefits, and deductions are precisely calculated.
    • New employee application forms:
      We assist you in managing new employee application forms, ensuring a smooth onboarding experience.
    • Payroll related data works & support:
      Our dedicated team is here to provide comprehensive support for all your payroll-related data works, ensuring compliance and accuracy.

    1099 & W9 forms - documentation

  • We offer comprehensive documentation services for 1099 and W-9 Forms, ensuring smooth compliance and accurate reporting for your business.

    • Preparing 1099 as per client instructions:
      Our expert team meticulously prepares 1099 Forms in accordance with your specific instructions, ensuring precise and timely filing.
    • Following/Sending emails for W-9:
      We understand the significance of W-9 Forms for proper vendor documentation. Our proactive approach involves following up with vendors to obtain the necessary W-9 information, streamlining the process for your company.
    • Related data works & support:
      Our dedicated team provides comprehensive support for all your 1099 and W-9 related data works, ensuring compliance and accuracy throughout the documentation process.

    Working softwares

    • Quickbooks online.
    • Quickbooks desktop.
    • Xero
    • Sage
    • Zoho books

    Admin works

    • Record maintenance
    • Email support
    • Company employee support & feedbacks.
    • Other related works as per client requirements.
    • Data entry work related to accounts

    After hours answering

  • Extend your service reach with our After Hours Answering. We provide call, chat, and email support, ensuring your clients' needs are met even outside working hours, alongside accurate call data updates.

    • Call Support after working hours.

    • Chat / email support.

    • Company employee support & feedbacks.

    FREQUENTLY

    Asked Questions

    The business world is being flattened by economics, technology, demographics, and regulations. To win in this flattening world, companies must transform their way of working to seek and convert new opportunities wherever those opportunities may be. This means acquiring the ability to disaggregate your operations, people, and resources across time zones, geographies, cultures, and sourcing and delivering.

    What is F&A service?

    F&A service refers to Finance and Accounting services. It encompasses a range of financial and accounting activities that organizations outsource to specialized service providers like RND Softech. F&A services can include various tasks such as bookkeeping, financial statement preparation, tax planning and compliance, payroll processing, accounts payable and receivable management, financial analysis, budgeting, and more.

    Why should F&A Service be outsourced?

    >Outsourcing F&A services can result in significant cost savings for companies. By outsourcing, businesses can eliminate the need for hiring and training in-house accounting staff, investing in infrastructure, and maintaining expensive accounting software. Outsourcing providers often offer flexible pricing models, allowing companies to pay for only the services they need, reducing overall costs.

    F&A Expertise: RND Softech specializes in processing F&A work, possessing extensive knowledge and expertise in the field. Our team of professionals understands the complexities and specific requirements of financial and accounting processes, ensuring accurate and reliable results.

    Data Security and Confidentiality: We prioritize the security and confidentiality of sensitive financial and accounting information. RND Softech implements robust security measures and adheres to strict confidentiality protocols, ensuring that client data remains protected throughout the outsourcing engagement.

    Cost-Effectiveness: By outsourcing F&A work to RND Softech, businesses can achieve cost savings and operational efficiencies. Our competitive pricing structure offers value for money without compromising on the quality of services provided. Outsourcing allows businesses to access skilled professionals and advanced technologies without the overhead costs associated with maintaining an in-house F&A team.

    What is cost of outsourcing F &A service?

    Cost-Effective Pricing: Outsourcing business transcription services can be more cost-effective compared to hiring and training in-house staff. Outsourcing allows businesses to pay for transcription services on an as-needed basis, avoiding the expenses associated with full-time employees.

    How well is RND Softech's F&A team qualified for the project?

    Highly Qualified Professionals: RND Softech's F&A team has over 10 years of experience in this field, our team consists of highly qualified professionals with specialized knowledge and expertise in F&A. They possess relevant certifications, extensive industry experience, and a deep understanding of financial regulations and best practices. Their qualifications and skills ensure that they are well-equipped to handle the complexities and nuances of F&A projects with precision and accuracy.

    How Quality is measured in F&A at RND Softech?

    Accuracy and Precision: Quality in F&A at RND Softech is measured by the level of accuracy and precision in financial data and reporting. Our team follows rigorous quality control processes, double-checking calculations, verifying data entries, and conducting thorough reviews to ensure error-free financial documents and statements.
    Compliance and Standards: Quality in F&A also encompasses adherence to industry regulations and standards. At RND Softech, we have a strong focus on compliance with accounting principles, financial reporting standards, and relevant legal requirements. Our team is well-versed in the latest regulations and ensures that all financial deliverables meet the prescribed standards, providing accurate and reliable financial information to clients.

    How effective is our service delivery process?

    Efficient and Timely Delivery: Our service delivery process is designed to be efficient and ensure timely delivery of services. We have well-defined workflows, clear communication channels, and experienced project managers who oversee the entire process. This allows us to efficiently manage projects, meet deadlines, and provide our clients with prompt and reliable service delivery.

    Our

    Testimonials

    Our

    CERTIFICATES

    RND Softech, is a 25 year old Pioneer Off-shore BPO staffing partner servicing the US , UK, Canada & Australian markets across 15+ Back office support domains.

    Contact

    Have Project on your Mind? Drop your Details here

    Use our contact form for all information request or contact us directly using the contact information below. All information is treated with complete confidentiality and in accordance with our data protection statement

    +1 844 763 7638

    +1 832 369 6801

    INDIA

    274/4, Anna Private Industrial Estate, Vilankuruchi Road, Coimbatore, Tamil Nadu 641035.

    USA

    RND Softech INC,12909, Jess Pirtle Boulevard,Sugar Land, Texas 77478, United States

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