• At Grant Thornton Bharat, we help dynamic organisations to remove the burden of back-office operations and help them to focus on core business activities. Your non-core activities are our core business. We handle accounting and reporting services for several companies from a wide range of industries. Our approach is highly flexible.

    Our accounting experts assist organisations in managing their accounting and reporting functions with proactive and ‘no surprises’ approach by implementing best practices and leveraging cutting-edge technology platforms to provide timely and meaningful insights to the management, thereby unlocking the potential for growth in dynamic organisations.

We have a dedicated facility, India Knowledge and Capability Centre (IKCC), which is pivotal in our ability to service both the domestic and global markets efficiently and cost-effectively.

With first-hand experience of local reporting requirements in over 120 locations worldwide, we provide a consistent international service through a single point of contact. We work as your extended team and ensure compliance with the changing regulatory environment. Our global footprint and suite of scalable solutions adapted to a variety of needs and situations will provide the specific skills and expertise that you need, when and where you need them.

You may opt to outsource all your accounting functions or pass on to us choice activities, such as:

  • End-to-end finance and accounting functions
  • Business process outsourcing that include single process like “Procure to Pay”, “Order to Cash” and “Record to Report” and sub-process within the single process like invoice processing, disbursement, collections, expense claim processing and MIS etc.
  • Interim financial controller support and loan staffing
  • Physical verification of inventory and fixed assets

What we do

  • Managing end-to-end finance and accounting functions
    India entry entity set up
    This solution supports organisations to outsource the entire finance and accounts functions to a team of qualified professionals who manage these functions effectively through a scalable and dedicated back-office facility using the best industry practices, system and processes and a robust financial and reporting framework under managed services delivery model.
    Key Benefits: Lower cost | Improved efficiency and TAT | Accurate reporting | Enhanced controls | Focus on core business | Reduced costs | 100% adherence to statutory compliances
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  • Managing end-to-end business processes [BPaaS]
    Documentation and drafting Services
    To focus on core competencies, while improving performance and lowering costs of non-core activities, organisations outsource business processes or sub-process like Procure to pay, Order to cash Record to report, etc. to meet their strategic objectives. We provide innovative and focused solutions to our clients helping them to outsource non-core functions through a dedicated trained team of experts.
    Key Benefits: Scalable | Lower cost | Improved efficiency and TAT | Focus on core business | Standardised processes
    Read more [ 229 kb ]
  • Interim CFO, Finance Controller, staff augmentation services [Loan Staffing]
    Labour/Human Resource (HR) Law Services
    Our interim CFO and financial controller support services helps organisations meet their business vision and allows them to focus on core business operations through access to our trained accounting and reporting professionals. With our highly qualified professionals, we meet your business requirements and ensure the smooth functioning of the finance and accounts department. They are seconded as well to support the CFO for various support functions under the ‘play and plug’ model.
    Key Benefits: Access to expertise |Focus on core business | Better control
    Read more [ 140 kb ]

Get more details about our services [ 7627 kb ]

Case Study

Seamless Accounting And Reporting
A leading hospitality group achieved timely book closure and reporting for its 21 international entities in 11 countries by outsourcing the F&A function to our experts. Our team designed a robust accounting and reporting framework by implementing single accounting platform, standard chart of accounts and compliance monitoring tool. This resulted in availability of timely and meaningful insights for management decision making and timely completion of tax and regulatory compliances.
Improved p2p, o2c and r2r process
A large point-of-sale terminal vendor and payment-solutions provider improved its procure-to-pay, order-to-cash and record-to-report process through efficient management of these processes by our experienced accounting experts. Our team strengthened the processes by implementation of best practices and effective controls. We achieved timely month-end-closure and MIS reporting to both local and global level, completion of the statutory compliances and annual audits well within the due dates.

Case study

One-stop Solution For Bookkeeping & Compliances
A global technology service provider outsourced the complete bookkeeping, payroll, tax & regulatory compliances of its Indian subsidiary to our team of professionals. We provided dedicated on-site accounting team to function as client’s extended team to support all finance activities. The team collaborated with cross functional teams to make sure that the deliverables were always met within the agreed timelines. This resulted in increased trust in finance function, accurate & timely reporting, timely completion of statutory compliances and annual audits seamlessly for the last 5+ years.
Established accounting & reporting framework
A US based global technology company that designs and manufactures semiconductors incorporated a subsidiary in India and our team of experts assisted the Indian subsidiary in commencing operations in India and established strong accounting & reporting framework by implementing industry best practices. As a trusted advisor, we have been managing the accounting, payroll, tax and regulatory compliances of the Indian subsidiary by ensuring smooth and timely book closure & monthly reporting and completion of annual audits within the agreed timelines.

Case study

Managed r2r process for an Indian conglomerate
A globally diversified metals and natural resources company was facing issues with R2R function for their 29 entities across two continents. We deputed a dedicated accounting support team to manage the entire R2R function for 27 overseas subsidiaries + 1 Indian subsidiary + 1 Indian parent company. Our accounting experts streamlined the R2R function, reporting systems, closed the annual audits on time and continue to successfully manage the R2R function and financial reporting services for the last 4+ years.
REDUCED COSTS IN AP PROCESS OUTSOURCING
Singapore subsidiary of a US based worldwide fabless semi-conductor company listed in NASDAQ was facing challenges in managing attrition in its Accounts Payable (‘AP’) team and was looking for trusted business partner for managing the AP function for its Singapore entity and US entity. We provided dedicated AP processing team from India for managing the AP function and the engagement has been continuing successfully for the last 5+ years. The client has also achieved significant reduction in costs due to outsourcing of the AP function.

Case study

IMPROVED EFFICIANCY IN AR PROCESS OUTSOURCING
A leading multinational food processing company was facing challenges in managing the collection accounting and reconciliation of customer accounts in its Accounts Receivable (‘AR’) function and was looking for a service partner who can manage the AR function from back office efficiently and effectively. We provided dedicated AR processing team for recording of collections, periodic reconciliation of customer accounts and follow up with customers. This has resulted in achieving improvement in the process and resolving reconciliation issues in the customer accounts.
INCREAED EFFICIANCY IN MULTI COUNTRY FINANCE FUNCTION
A leading insurance-focused consulting, technology, and managed services company was facing challenges in managing the F&A function and compliances for its group entities as there were multiple service providers in different jurisdictions with no single point of contact. We set up a back office in India and deployed a dedicated team to manage F&A functions under centralised model by leveraging our international offices to manage the local reporting and compliances across multiple jurisdictions. This resulted in establishment of standard process for effective monitoring, 50% reduction in MIS reporting timelines and 100% compliance rate achieved through our compliance management solution.

We can support you with financial reporting solutions!

Submit a request for a proposal to explore how our services can help you and your company.