LOGIKA OUTSOURCING
LOGIKA OUTSOURCING
accounting payroll vat tax budgeting forecasting payables receivables
Finance & Accounting Outsourcing
What is Outsourcing? CONNECTING YOUR BUSINESS TO THE RESOURCES YOU NEED Outsourcing is about removing the processing functions from your operations - the tasks that take your focus away from your core activities - to a service provider who specialises in providing a value added service to administer these processes. The tasks are then completed external of your business to your specifications. Your customers and clients will never know the difference!
OUTSOURCING SOLUTIONS
By outsourcing these processes, you are not replacing your current advisers, accountants or auditors. In fact, you are outsourcing the processes currently performed in-house by your business, which will
GENERAL ACCOUNTING
then be completed more efficiently and cost effectively by the out-
YEAR END ACCOUNTS
sourcing provider.
MANAGEMENT ACCOUNTS PAYROLL
Flexible solutions for your business needs
VAT TAX
BENEFITS TO YOUR BUSINESS
BUDGETING
Cost reductions—Cost reduction is done through process improve-
FORECASTING
ments, re-engineering and use of technologies that reduce and bring
PAYABLES
administrative and other costs under control. Cost cutting may not
RECEIVABLES
be the only reason to outsource, but it is certainly a major factor. Your business can typically save between 40% and 60% by outsourcing work to a lower-cost location. Focus on high value work—Every business has limited resources and every manager has limited time and attention. Outsourcing can help shift your attention from low value, high volume work to higher value jobs. Level the playing field—Most smaller to medium businesses simply can’t afford the in-house support services that larger companies maintain. This, in turn, results in higher premium fees paid to their accountants. Outsourcing can help these businesses to access the same economies of scale, efficiency and expertise that larger companies enjoy. The benefits of outsourcing to larger companies are legion. However, smaller and medium companies can derive just as many benefits from it. Today, the drive towards finance & accounting outsourcing is increasing most among small and medium-sized companies.
Finance & Accounting Outsourcing
WHY MAURITIUS Educated and skilled urban workforce Low costs (40%-60% cheaper than UK) Fast growing outsourcing hub - well established
companies
from
UK,
About us
Europe, USA and India have already set up operations in Mauritius Rapid
and
sustained
economic
growth Ranked 17th on the ease of doing business report 2010 among 183 countries compiled by the World Bank (Publication: Doing Business 2010) Well established telecoms infrastructure Located in a convenient time zone (GMT+4) Daily flights to UK and Europe
UNCOMPROMISING ON QUALITY, COMPETITIVE ON PRICE Logika Outsourcing is a finance & accounting outsourcing company operating from Mauritius. The company was set up by a team of UK qualified accountants with a combined experience of over 15 years. We provide outsourcing solutions to small and medium accounting practices and businesses. Outsourcing is not a new concept – almost every company outsources some of its activities. In the past 40 years, many companies have been outsourcing their payroll functions to specialist payroll companies. More recently, large corporations have been outsourcing part of their operations - large call centre operations, mortgage processing, tax returns and research. This outsourcing trend is accelerating, driven by the increasing competition through globalization and the necessity to be resilient, especially in the current recessionary environment. Logika Outsourcing has been set up to take opportunity of a gap in the outsourcing market to cater for the small and medium accountancy practices and companies. The leap in technology in the past decade has brought the benefits of outsourcing to your doorstep.
Finance & Accounting Outsourcing
Our unique selling point is providing a high quality service at a competitive price. Whilst there are many outsourcing companies that can provide these services at a low price, many of them fail on the quality aspect mainly due to a lack of understanding of the UK accounting, business and legislative environment. Our aim is to be uncompromising on quality and competitive on pricing. Our missing is to provide cost effective and secure finance & accounting outsourcing solutions to our customers and help them gain a competitive edge over their business competitors.
Finance & Accounting Outsourcing
LOGIKA OUTSOURCING Bassin Road Riviere Du Rempart Mauritius T: 020 7193 0986 E: [email protected] W: www.logikaoutsourcing.com
accounting payroll vat tax budgeting forecasting payables receivables
Finance & Accounting Outsourcing
What is Outsourcing? CONNECTING YOUR BUSINESS TO THE RESOURCES YOU NEED Outsourcing is about removing the processing functions from your operations - the tasks that take your focus away from your core activities - to a service provider who specialises in providing a value added service to administer these processes. The tasks are then completed external of your business to your specifications. Your customers and clients will never know the difference!
OUTSOURCING SOLUTIONS
By outsourcing these processes, you are not replacing your current advisers, accountants or auditors. In fact, you are outsourcing the processes currently performed in-house by your business, which will
GENERAL ACCOUNTING
then be completed more efficiently and cost effectively by the out-
YEAR END ACCOUNTS
sourcing provider.
MANAGEMENT ACCOUNTS PAYROLL
Flexible solutions for your business needs
VAT TAX
BENEFITS TO YOUR BUSINESS
BUDGETING
Cost reductions—Cost reduction is done through process improve-
FORECASTING
ments, re-engineering and use of technologies that reduce and bring
PAYABLES
administrative and other costs under control. Cost cutting may not
RECEIVABLES
be the only reason to outsource, but it is certainly a major factor. Your business can typically save between 40% and 60% by outsourcing work to a lower-cost location. Focus on high value work—Every business has limited resources and every manager has limited time and attention. Outsourcing can help shift your attention from low value, high volume work to higher value jobs. Level the playing field—Most smaller to medium businesses simply can’t afford the in-house support services that larger companies maintain. This, in turn, results in higher premium fees paid to their accountants. Outsourcing can help these businesses to access the same economies of scale, efficiency and expertise that larger companies enjoy. The benefits of outsourcing to larger companies are legion. However, smaller and medium companies can derive just as many benefits from it. Today, the drive towards finance & accounting outsourcing is increasing most among small and medium-sized companies.
Finance & Accounting Outsourcing
WHY MAURITIUS Educated and skilled urban workforce Low costs (40%-60% cheaper than UK) Fast growing outsourcing hub - well established
companies
from
UK,
About us
Europe, USA and India have already set up operations in Mauritius Rapid
and
sustained
economic
growth Ranked 17th on the ease of doing business report 2010 among 183 countries compiled by the World Bank (Publication: Doing Business 2010) Well established telecoms infrastructure Located in a convenient time zone (GMT+4) Daily flights to UK and Europe
UNCOMPROMISING ON QUALITY, COMPETITIVE ON PRICE Logika Outsourcing is a finance & accounting outsourcing company operating from Mauritius. The company was set up by a team of UK qualified accountants with a combined experience of over 15 years. We provide outsourcing solutions to small and medium accounting practices and businesses. Outsourcing is not a new concept – almost every company outsources some of its activities. In the past 40 years, many companies have been outsourcing their payroll functions to specialist payroll companies. More recently, large corporations have been outsourcing part of their operations - large call centre operations, mortgage processing, tax returns and research. This outsourcing trend is accelerating, driven by the increasing competition through globalization and the necessity to be resilient, especially in the current recessionary environment. Logika Outsourcing has been set up to take opportunity of a gap in the outsourcing market to cater for the small and medium accountancy practices and companies. The leap in technology in the past decade has brought the benefits of outsourcing to your doorstep.
Finance & Accounting Outsourcing
Our unique selling point is providing a high quality service at a competitive price. Whilst there are many outsourcing companies that can provide these services at a low price, many of them fail on the quality aspect mainly due to a lack of understanding of the UK accounting, business and legislative environment. Our aim is to be uncompromising on quality and competitive on pricing. Our missing is to provide cost effective and secure finance & accounting outsourcing solutions to our customers and help them gain a competitive edge over their business competitors.
Finance & Accounting Outsourcing
LOGIKA OUTSOURCING Bassin Road Riviere Du Rempart Mauritius T: 020 7193 0986 E: [email protected] W: www.logikaoutsourcing.com
