Solution
Ascendum provides Finance and Accounting (F&A) processes across multiple industries and has expertise in financial services, retail, logistics, and telecommunications. By making the decision to move their corporate and/or transactional F&A processes to Ascendum, we help our clients regularly to improve quality, increase efficiency, and significantly reduce costs. We are also able to better manage financial data using our monthly updates of key financial statistics. Ascendum's Finance and Accounting (F&A) services, primarily back office processes, are combined with extensive call center infrastructure to ensure total customer and vendor support. Our risk-management and continuous-improvement programs further aid in making Ascendum a preferred partner in outsourced F&A processes.
Ascendum offers the following F&A services:
- Accounting
- Virtual back-office services
- Full charge bookkeeping
- Cash receipts, accounts receivable
- Accounts payable
- Payroll information
- Data entry
- Expense reports
- SMB accounting
- Accounting firms - back office
- Taxes
- We have experience in preparing S-Corporation (1120 S) and C-Corporation (1120 C) tax returns for the U.S.; we also assist in preparation of Individual Tax Returns (1040) for the U.S.
Client Challenges
Ascendum's Finance and Accounting Services offering can help with these challenges:
- High cost of operations
- Difficulties in increasing productivity
- Skilled talent not being available to meet growth peaks
- Availability of state-of-the-art infrastructure for growth perspectives
Business Value
We guarantee our clients year-to-year quality and productivity improvement by optimizing and re-engineering their business processes. Our clients benefit from our knowledge, which has been built by providing similar services for other clients.
Toolset Excellence
Ascendum's customized reporting packets, which include statistics on financial issues, administration costs, and quality of supplier input provide clients with increased control and transparency. Clients benefit from higher efficiency measured through reduced DSO's and increased vendor and employee satisfaction. Our proprietary workflow systems constantly monitor workload and reprioritize work queues. In addition, operating in a 24x7 business environment allows Ascendum to provide its clients with quicker turnaround.
