Leveraging Tools, Systems, and MIS Platforms
Accounting and book keeping function is a continuous process and forms an integral part of all businesses. A well-planned and updated accounting software has various benefits. It is important for directors, top management, and owners of family managed businesses to have a thorough understanding of the accounting system of their company. This knowledge can be leveraged to take crucial business decisions.
Features of a Good Accounting System
- Helps in recording day-to-day transactions easily
- Enables export of information in different formats as desired
- Facilitates review of past performance based on multiple time frames
- Aids in budgeting and forecasting
- Auto creation of financials for external reporting
- Helps other business support functions by way of MIS reports
Our services are specifically designed to help the management in the following ways
- Understand the company's existing accounting system
- Understand shortcomings or issues vis-à-vis industry best practices
- Learn to view / obtain the relevant information for decision making
- Understand types of reports available
- Undertake any modifications or alterations to suit the management requirements
In case of many start-ups and small businesses, it is seen that the founders do not have sound financial literacy or may not be aware of the benefits of a strong accounting system. At V. Purohit & Associates, we are mindful of these challenges. That is why our services are designed to empower entrepreneurs for taking strategic, datadriven, and insightful business decisions.
We are a new-age financial accounting company, that upholds age-old values and principles of Chartered Accountancy. We offer a fairly-differentiated set of services, tailored to specific business goals and challenges.