Financial and Professional Advice. What is Virtual CFO Services?
Virtual CFO services are provided to the businesses who have not appointed an in-house CFO (Chief Financial Officer). In the present scenario, many challenges are being faced by the organizations in terms of growth, financial aspects, accounting as well as management. For this an officer is required to be appointed who can be primarily responsible for managing the financial risks, financial reporting and record keeping as a higher management of the Company. Thus a virtual CFO shall be there to meet the challenges effectively by providing the financial and professional advice, analysis and support to the management.
CFO is a recognized management authority which is sometimes out of budget for small enterprises, startups and SMEs. We at Enterslice, provide virtual CFO services, which shall be responsible for managing a business’s finance, accounts, compliances, corporate governance, reporting and also the strategic requirements and many more other functions. FCRA Registration and Requirement in India. Introduction: With the overall growth in different sectors, India stared to develop relations with foreign institution, trade unions, companies in foreign and firms, this led to a suspension of establishing such relation with foreign entity which shall influence the national life of India.
The main prone areas to get affected by are public related institutions, NGO, judges, electoral Politics, Public servants, Reporters, publishers, such other people working in influencing nationwide life. Objective: EPC Project Management Services in India. What is EPC Project Management?
Are you project sites surprising you with challenges/ issues every now and then? Are you loosing huge money and effort correcting it and delayed your projects unexpectedly? You certainly need your projects being managed by our experts in Project Management. Payroll Services in India. Enterslice Team, Posted in : CFO Service Posted Date : Aug 28, 2017 Payroll services refer to company’s list of employees.
The term is mainly concerned with the total amount that company pays to its employees and it also includes records of employee’s salary/wages/bonus and withheld taxes. It plays a very important role in a company in terms of money paid to employees. From another perspective, payroll is considered critical as it affects the net income of the company because they are subject to regulations made under the law. Whereas from the perspective of human resources, it is considered critical because employees are sensitive to payroll errors. Payroll services provide an attractive & valuable alternative to in-house processing. Payroll services take human resources management to a higher level.
Human Resource Outsourcing Process. Every organizations today are facing challenges in Managing their HR Function and HR Outsourcing model was introduced by MNC to reduce the burden of HR Dept. and KEY HR should focus on organization efficiency and improve employee’s satisfaction.
Core HR function looks beyond the reducing the cost per employee and focusing in building better employee experience and productivity. Human Resource Outsourcing (HRO) has become a sustainable outsourcing model in recent years, useful option to control costs and meet the challenging HR objectives of the company. The Human Resource Outsourcing Process can be accomplished by following steps - How to Get Online Transfer Pricing in India. Micro Finance Company Registration in India. Non-Banking Financial Company-Micro Finance Institution (NBFC-MFI) is a secondary banking system aimed at extending credit to economically disadvantaged groups.
These provide small-scale retailers, having limited resources, with an opportunity to avail finance and thereby increase their efficiency and profitability. According to Reserve bank of India, NBFC-MFI is a non-deposit taking NBFC which has not less than 85% of its assets satisfying the criteria set by the RBI. How to get Mobile Wallet RBI License in India. Nidhi Company Annual Compliances in India. Transfer Pricing Advisory Services in India via Enterslice. What is transfer pricing?
A separate code on transfer pricing as mentioned under the Income tax Act (Section 91 to 92F) which covers intra cross border transactions under the group and specified domestic transactions. Thus with the introduction of Transfer pricing has become the most important international tax issue which are affections transactions of multinational companies operating in India.
Country wise Reporting The transfer pricing documentation and country wise reporting provides a template to the multinational companies to report annually for each tax jurisdiction in which they do business. Practical Steps for Country to Country Reporting. Get Details Semi Closed Wallets in India. Procedure for Semi Closed Wallet License in India. Know about the Comprehensive Guide NBFC Registration. Revised NBFC Regulations Norms by RBI of India. Enterslice Team, Posted in : NBFC Posted Date : A nonbanking financial institution is a type of financial institution that is not governed by any regulatory banking authority, nationally or internationally and an NBFC does not have any banking license as well.
A nonbanking financial institution specializes in offering bank associated financial services such as market brokering, contractual savings, risk pooling as well as investment and other such bank-related services. They are also involved in the business of hire purchase, loans, securities, chit business, and bonds, etc. Non-Banking Financial Companies (NBFCs), governed by the Companies Act, 2013, are institutions that provide services in the financial sector. Although NBFCs are prohibited from providing banking services such as accepting demand deposits, issuing of cheques and bank drafts, etc., they are outperforming banks regarding providing personal loans.
Best Legal Micro Finance Company Registration Service Provider in India. Societies Registration – What is Society Registration? Know About Vendor Agreement through Enterslice. Know About the Online joint Venture Agreement. Get FCRA Registration by Enterslice. Get EPF Registration through Enterslice. What is EPF Registration?
Employee Provident Fund (EPF) is an initiative to give social benefits to employees; it is a scheme defined under Employees’ Provident Funds and Miscellaneous Provisions Act, 1952 which is regulated by the Employees’ Provident Fund Organization (EPFO). According to this, if the establishment has the strength of more than 20 employees then it is mandatory for the establishment to obtain EIN No. The total strength of employee Includes contractors or temporary employees like housekeeping staff, daily wage worker security or other temporary workers in the business. Even if a company has employee strength of less than 20 then the company can voluntarily apply for EIN (Employer Identification Number).
A Critical Metric of Finance and Accounting. Enterslice Team, Posted in : Finance & Accounting Posted Date : Dec 18, 2017 Are you one of the business owners out there who are looking for ways to deal with the process of your accounts payable which is very challenging to you?
You should know that being a business owner you have to equip yourself with knowledge so that you can maximize your capabilities and utilize possible options that you might need for the improvement of your business. And to help you with your business difficulty, one of the best options that you can choose is to use a certain metric which they called Accounts Payable Process Cost. Online Trademark Registration with Enterslice. What is a Trademark Registration in India? A trademark can be defined as the registered identity of a brand. Such an identity states the unique individuality and distinctiveness of a brand. This Trademark denotes the source of origin of a particular product or service. This unique identification helps a trademark owner to distinguish the image for his product or service from other similar products or services coming from different sources.
This identity can be formed in the form of a word, symbol, logo, graphics, photograph, sound, or even smell. One can have trademark registration online. Get Online Logo Registration through Enterslice. Get Online Brand Registration. Know about the Online Trademark Registration. Know About the EPF Registration Procedure through Enterslice. What is Employees Provident Fund (EPF)? Get Accounts Payable Outsourcing Services by Enterslice. Handling a large number of invoices and other accounts payable documentation in a row is a very hectic task for the company. This task also has become extremely time consuming and costly for the Accounts payable department. The accounts payable outsourcing service helps in streamline the multiple tasks, including scanning, matching, validation, and approval.
It also enables staff to concentrate on core business tasks, generating faster processing times and quick payments. Why proper Invoice Indexing and per-defined Workflow is required for Accounts Payables Processing? Digitizing your invoices and creating a workflow can help the business to organize the flow of vendor invoices through various approval and quality check process very easily. Get Trademark Registration Through Enterslice. ESIC – ESI Registration in India through Enterslice. What is ESI Registration? The Employees' State Insurance Act, 1948 was enacted by the legislature as an integrated need based on the social insurance scheme. It was enacted with a purpose to protect the life of workers in sickness, pregnancy or any kind of accident, temporary or permanent physical disablement, or in case of death due to employment injury which results in loss of salary or earning capacity of an individual.
ESI or Employee State Insurance is a scheme under The Employees' State Insurance Act, 1948 provided by the Indian Government to offer medical, monetary and other similar advantages to workers. ESI is regulated and governed under the autonomous authority, namely the Employee State Insurance Corporation commonly abbreviated as ESIC. The jurisdiction of ESIC lies under the Ministry of Labor and Employment. Furthermore, under the ESIC Act, every company having the employee strength of 10 people mandatorily has to obtain ESI. Consulting Services Through Enterslice. Get Virtual CFO Services Through Enterslice. Get CFO Support Services Through Enterslice. The Chief Financial Officer or CFO is one of the busiest executives in any organization. The CFOs traditionally leads the finance and accounting department of the organization. The CFO's responsibility is to inform the rest of the leadership, especially the CEO, regarding the organization's financial well-being.
However, recent developments in the finance and accounting department have made the CFO an essential part of the organization in contrast to other parts of the administration and operations. Along with the Finance and Accounts Department, the CFO supports the different departments with updated data on their financial standing, internal controls, and budgetary requirements that ensure the processes run at optimal levels. Many roles are assigned to the CFO.
Benefits of Outsourcing Your Company’s Finance & Accounting. Enterslice Team, Posted in : CFO Service, Finance & Accounting Posted Date : Different Methods For Outsourcing Your Finance & Accounting. 6 Key Factors That Affect Your Business F&A Outsourcing. Enterslice Team, Posted in : CFO Service, Finance & Accounting Posted Date : Lately, a lot of businesses have taken to outsourcing their F&A ( Finance and Accounting) functions to other third-party companies. 5 Essential Finance and Accounting Tips for Small Businesses. National Financial Reporting Authority (NFRA) in India.
Enterslice Team, Posted in : Financial Reporting Posted Date : Sep 27, 2017.