F&A Assistants | RND Softech

Our services

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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.

Ledger/Journal entry

As a team of dedicated professionals, we take pride in providing expert services to help businesses thrive. Our expertise extends to two crucial areas: General Ledger Analysis and Journal Entries.

Analysing ledger and reports

We understand the significance of a well-maintained ledger and the insights it can offer into your company's financial health. Our skilled team meticulously analyzes your ledger and generates comprehensive reports, enabling you to make informed decisions and drive growth.

Client consultation and issue resolution

We believe in fostering strong client relationships and open communication. Our experts engage in productive discussions with clients to understand their unique needs and concerns. By addressing any issues promptly, we ensure smooth financial operations and a seamless client experience.

Weekly report auditing

To maintain accuracy and transparency, we conduct weekly report audits. Thoroughly reviewing financial data helps us identify potential discrepancies and take corrective actions promptly, keeping your financial records precise and reliable.

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.

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.

  • 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.

  • 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.

  • Cost-Effective Pricing: We offer competitive and cost-effective pricing for outsourcing F&A services. Our pricing structure is designed to provide value for money while maintaining high-quality deliverables. We offer flexible pricing options tailored to the specific needs and requirements of each client, ensuring that they can optimize their F&A budget without compromising on quality or accuracy.

  • 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.

  • 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.

  • 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.

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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.
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