Comprehensive Finance Process Outsourcing service for Indian branches of International businesses

Nov. 30, 2008 - PRLog -- Megatron Corporation Limited (MCL), a leading U.K based Business Consultancy, today
announced that its’ Accountancy Outsourcing tie-up in India has started delivering a “Complete Finance Department Outsourcing” service to Indian branches of overseas companies.

In a ground-breaking arrangement, MCL's Partners in India, Offshore Accounting & Taxation Services Pvt Ltd (OATS) have signed up with a U.K based organization to take full charge of their Indian Finance division enabling the U.K organization to focus its attention on its Research mission in India. The arrangement involved OATS understanding the international Corporate Accounting structure of the Group and creating an online structure to capture accounting transactions at the Branch and consolidating these with a reporting mechanism for the U.K based parent.

"This development provides substantial value to the U.K based client in terms of not having to get involved in the intricacies of setting up a Finance Division for its operations in India and they have obviously decided in favor of leaving this job to local experts” said Amitabh Natekar, Director, MCL.

Finance Process Outsourcing (FPO) is now gaining the attention of Chief Finance Officers & Finance Directors highlighting the need for organizations to outsource transactions-based processes to more specialized Service Providers based in offshore locations, thereby combining cost savings with the efficiency of specialist staff. FPO also allows the end-users to focus on their core business functions leading to maximization of ROI.

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About Megatron
MEGATRON Corporation Limited is a Business Technology Consultancy incorporated in the U.K providing high-quality IT and Finance Process Outsourcing solutions. Current projects are underway for clients in the U.K., U.S.A and India. As a multi-location organization, MEGATRON executes assignments on-site or from its Offshore tie-ups in India.