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Budgeting & Financial Analysis Services
Beyond the advantage of being a low cost destination, India’s talent pool of qualified Financial Analysts and Chartered Accountants with domain expertise in every sphere of the finance arena adds to its overall score to be accepted as the most preferred destination for outsourcing Finance & Accounting domain jobs.
Financial Budgeting and analysis is one of the few tools available to a business owner to evaluate the actual financial performance viz a viz budgeted financials. Budgeting assists management in controlling and managing its cash flows at the correct time by keeping an eye on the actual financial movement as compared to the budgeted financials.
To assist management in preparing an informed and viable Budget for the most recent upcoming year, we carry out a financial analysis in terms of trends, ratio & variance mapping and other related analyses on the latest actual financials and its comparison to last 2-3 years of performance. Once the analysis is being done we figure out the key performance variables for the year to be budgeted and try assessing its impact on the financials. Accordingly, a forecast is done based on the past trends analysed and the key variables that may impact the profitability and earnings for the current year.
- Access to Information that matters: Outsourcing financial analysis & budgeting services gives management, access to a timely and more accurate interpretation of financial data. This enhances the decision-making ability of the business enterprise so that proactive action can be taken.
- Assists management in focusing on strategic goals with a broader vision
- Financial analysis and Budgeting ensures the cash flows are managed and appropriate business decisions are taken at the correct time improving profitability thereby adding value to stakeholders’ at large.
- Substantial cost savings are guaranteed upon outsourcing the financial analysis and budgeting assistance work to Bookkeeping Monster in India.
You can count on our reliability and accuracy!
We also assist financial institutions, banks, fund managers boutique investment banks and business owners to assess the financial position of their targets before taking the decision of advancing loan or equity funding into the target company.
This financial analysis being carried out on the target supports the lender’s / investors Risk Management process and provides key financial information in a more reliable and ‘ready to use’ format which forms one of an important source documents referred before concluding on funding approvals.
Such a sensitive financial analysis exercise is being carried out by us using the financials of the target company received from the lender and / or referring to the tax returns filed by the target in recent years.