FAQs on Outsourcing Financial Services to Cyber Infrastructure
FAQs on Outsourcing Financial Services to Cyber Infrastructure
1. How does the outsourcing of financial services actually work?
At CIS we have three unique ways by which you can send us the documents. You can choose the accounting process which best suits your organization.
A. Server-based system
You could scan and upload source documents to a secured FTP server.
You fax or email the FTP details to us along with the back-up file of the accounting software.
We update your books the same day and upload them back to the server.
B. Remote-access system
You place source documents in your own computer.
We log in to your system using a secured VPN and update your books.
You can then access the updated books from your own computer.
C. Using Application Service Providers
You scan and upload documents to an ASP interface.
Flatworld team logs in to this interface using the access details given by you, and updates your books.
You could then login and view the updated books from your end.
2. What are some of the financial software that you work with?
At CIS, we have a financial services team who is proficient and well-trained at using the latest software available in the financial market.
Payroll Processing Software: Quickbooks Payroll, PayCycle, PayChex.
Tax Return Processing: Intuit's ProSeries, Intuit's Lacerte, Ultra-Tax.
Accounts Receivable Software: QuickBooks, CheckMark, MultiLedger
Bookkeeping Software: MYOB, SAGE, QuickBooks.
In case your organization is using a different financial software, we have the skill and expertise to learn the software that you are using and employ it effectively for your financial services.
3. What are the benefits of outsourcing financial services?
You can give your organization a competitive advantage by outsourcing financial services. Apart from saving on costs and increasing your profits, you can also save on time, effort, expensive software and resources. By outsourcing financial services, you can get access to skilled and expert services.
4. What is the skill level of your financial services team?
At CIS, we recruit only the skilled. We have skilled and well-trained accountants. We also have a qualified team of Indian chartered accountants who head the financial services teams at CIS. Our financial services team is well trained in all the latest software available in the market. At CIS, our financial services team is well experienced.
5. How will you facilitate communication between my organization and CIS?
At CIS we employ the best in class, so that we can constantly be in contact with our customers. Our financial services team will be constantly available over phone, e-mail and chat to answer your queries or address your requirements.
6. Will there be any loss of data?
No. When you outsource your financial services to CIS, you can be totally assured that none of your data will be lost. We take regular backups of your data and hence there will be no loss of your data.
8. Do you employ security measures?
At CIS, we have stringent security measures in place. At the onset of a project, we sign a non-disclosure agreement with our customer. We are also Sarbanes-Oxley compliant. You can be completely assured of total financial data security and confidentiality when you outsource your financial services to CIS.
9. Can you tell me more about the infrastructure and technology at CIS?
At CIS, we have world-class infrastructure and high-end technology to help us deliver cutting-edge financial solutions to our global customers. Find out more about the infrastructure and technology at CIS.
For any outsourcing needs, please visit "The One-Stop Outsourcing Services" provider at http://www.cisin.com
Labels: Accounts, Benefits, Dedicated, Infrastructure, Offshore, Remote, Security, Staffing Service, Taxation
