To run an accounting function effectively you need qualified people, streamlined processes, and accurate reporting. PCS Global provides accounting outsourcing services that support global businesses and accounting firms with their day-to-day accounting work while keeping financial records in good order and providing additional resources. Our offshore team’s expertise lies in accounts payable and receivable to month-end closing and reporting. We work according to your country specific accounting standards and requirements.
Our team works in QuickBooks, Xero, Sage, NetSuite, Zoho Books, FreshBooks and MYOB, as well as Microsoft Excel.
Outsourcing accounting services means assigning selected accounting tasks, such as transaction processing, reconciliations, period-end journals and management reporting, to an external team that works under your policies and inside your accounting software.
Accountability for the figures stays with your business. Your finance manager continues to approve payments, review reports and sign the annual financial statements. What changes is who completes the day-to-day processing, and how quickly additional capacity can be added when workloads increase.
Most businesses begin with accounts payable or bank reconciliations. Once that process is running smoothly, they typically extend the scope to month-end close and reporting.
India has been a major centre for offshore accounting for many years, and companies in the US, UK and Australia use it for reasons beyond price.
The talent pool is large. Many accountants there are trained on international reporting standards and work daily in Xero, QuickBooks and NetSuite. Business hours in India fall during the US night, so work sent at the close of a US day is often processed by the next morning. For UK clients, there’s a useful overlap in the morning, and for Australian clients, in the afternoon. English is the working language for all emails, file notes and reports.
Offshore teams are typically cheaper than local hires, but the cost difference depends on your volume and scope. We handle security with ISO 27001 certified processes. Any personal data is processed according to GDPR.
We are headquartered in Ahmedabad, India, with a presence in Australia, the UK and the USA.
Discuss Your Outsourcing Requirements
Our work covers the accounting cycle from outsourcing accounts payable and receivable through to month-end close and reporting. Most clients use two or three of the services below, scoped to their own requirements, software and review process.
When you choose to outsource accounts payable to PCS Global, our team will handle everything from receipt of the supplier invoice all the way to the readiness of payment. First, we match all invoices with purchase orders, apply the proper tax treatment, and send them off for approval. Unlike accounts payable outsourcing providers that only enter invoices, we also reconcile supplier accounts and prepare payment batches for your approval.
Outsourcing accounts receivable with PCS Global will help your firm’s invoices go out on time and the payment will reach to the right customer accounts. Our outsource accounts receivable services cover invoicing from your billing data, posting receipts, reconciling debtor accounts and preparing overdue reminders. At PCS Global you will get aged debtors reports as often as you need, and the credit decision still remains with your firm.
We create a checklist and set a deadline, like the fifth business day of the month, before the closing of accounts. All bank accounts, balance sheet and intercompany accounts would be reconciled before posting of accruals, prepaid expenses and depreciation. Financials and reporting will always depict approved templates and standards, such as US GAAP, UK GAAP and IFRS or AASB.
Our accounting team posts payroll journals, reconciles payroll liability accounts and summarises payroll costs by department or entity. The aim is for wages, deductions and employer contributions to agree with the general ledger every month. If you also need pay runs processed, we offer that as a separate service.
A year of monthly reconciliations makes year-end tax work far simpler. At year end, your tax adviser receives reconciled balances, workpapers and supporting schedules from our team. Tax advice, review of the return and filing are handled by your licensed tax professional.
Your management team sets the assumptions, and we build annual budgets by department or entity, rolling forecasts and cash flow projections from them and your recorded historical results. Each month, a budget-versus-actual report clearly shows which lines have moved away from plan. Your management remains responsible for the assumptions and the decisions based on them.
Every industry has its own transaction patterns. These are the sectors our teams currently work with:
Accounting & Auditing Firms
Construction
Manufacturing
E-commerce & Retail
Telecommunications
Gaming / E-Sports
Pharmaceuticals
Law Firms
Strata / Property Management
The US, UK, and Australia each have different standards, different tax vocabulary, and a different financial year-end. Our team prepares work in accordance with whichever rules apply to your organization. The regulatory documentation and signing off will be done by you or your licensed advisor.
Before any live work starts, an engagement passes through six stages. By the end of them, both sides know who is responsible for what, and when.
First, we review how much volume you process, the software you use, your deadlines and the points where your team is most stretched. That tells us which processes to outsource first.
We then write up what we will deliver, by when, and where your team reviews it. Where you already have standard operating procedures, those are what we follow.
Access to your systems, file-sharing channels and confidentiality agreements are arranged next, with access levels set by you.
We assign people whose experience fits the work, and they stay on your account. That avoids repeated handovers.
Work is completed to the agreed schedule. If information is missing or something needs clarifying, we raise it through the channel agreed during onboarding.
Quality and turnaround are reviewed with you at agreed intervals. Based on that review, we can change the scope, the size of the team or the procedures themselves.
Sharing financial information with an external team is a significant decision. PCS Global treats data security and quality control as core parts of every engagement, supported by ISO 27001 and ISO 9001 certification and GDPR-compliant data handling.
PCS Global holds ISO 27001 certification for information security and ISO 9001 certification for quality management. Personal data is processed in line with GDPR, giving clients independent assurance that their financial information is managed and protected to recognised international standards.
The non-disclosure agreement is executed prior to providing any client information to the members of our team. The obligation of confidentiality binds all members of the team involved in the project, and client information is not utilized for anything other than what was agreed upon.
The access is role based; thus, only the assigned files can be accessed by each individual in the team. Multi-factor authentication is compulsory at each login attempt; also, administrative access is limited to certain IP addresses only. The access levels will be determined in consultation with you.
Files and communications move through monitored, encrypted channels using TLS 1.3 and AES-256. Sensitive information is never sent through personal email or unprotected routes, and our network is protected by next-generation firewalls and intrusion prevention systems against external cyber threats.
Client data is held securely in encrypted storage with immutable backups and off-site replication. Vulnerability scans run monthly and penetration tests quarterly, while continuous patch management and redundant backup internet connections help keep work secure and running with minimal disruption.
Every process follows a written procedure and checklist agreed with you. A second team member reviews all completed work before delivery, and items that need your input are recorded on an internal exceptions log instead of being resolved on assumption.
Outsourced accounting firms differ a great deal in security, team continuity and how carefully they review work. These are the points clients most often look at when they assess us.
You pay for a defined scope of work, with no extra salaries, office costs or software licences to cover. Pricing is confirmed before we start and reflects your volume and complexity.
PCS Global was founded by Malay Dalal, a Fellow Chartered Accountant with more than 35 years of experience. Our team works on US, UK and Australian engagements.
If your workload is consistent, you’ll be assigned a dedicated team. Within a few months, they know your chart of accounts, who approves what and how you like reports presented.
Whether it’s a busy quarter, an acquisition or a newly formed entity, extra capacity can be added without a recruitment process. Once the workload settles, it’s reduced again.
Monthly reconciliations, written procedures and a second reviewer on every file mean fewer corrections for your team. Final approval stays with you.
When processing and reconciliations are handled externally, your finance staff can spend more of their week on analysis, forecasting and management requests.
The outsourcing accounting services means your company hires an external team to manage your accounts like payables, receivables, reconciliations, financial reporting and month end reports, the outsourcing team manages it all. Your systems are being used everytime for approvals and file filings for your business.
It all depends on what requirement you have, but PCS Global Group starts by reviewing your current processes by deciding on what type of scope of work you have chosen. After that a secure access and team is assigned to work for you on a fixed schedule. You choose your team, review each delivery, and we can change or develop new scope based on your modified requirement.
There are three main reasons. First, India has a good number of qualified accountants who are proficient in English and trained on international standards and cloud-based software. Second, the time zone is such that work continues during off-hours in the US and UK. Third, an offshore team is very cost efficient to hire.
Yes. Team size depends on your workload, but the individuals assigned to you remain on your account. How you communicate with them and how work is reviewed are agreed during onboarding.
Yes. Firms outsource client accounting, reconciliations and reporting to add capacity, particularly in peak season. Everything is returned for the firm’s review. Some professional bodies require client consent before work is passed to a third party, so firms should check their rules and obtain consent where needed.
That depends on the provider’s controls. With PCS Global, information security is certified to ISO 27001 and data handling follows GDPR. NDAs, role-based access, multi-factor authentication and encryption are standard on every engagement, and your data is visible only to the team working on your account.
QuickBooks, Xero, Sage, NetSuite, Zoho Books, FreshBooks, MYOB and Microsoft Excel. In most cases, we work directly in the platform you already have.
Yes. We work with businesses and firms in all three markets, following the relevant accounting standards and reporting cycles. Regulatory filings and professional sign-off remain with you or your licensed adviser.
Tell us about your accounting workload, the software you use and your reporting deadlines. We’ll recommend an outsourcing model and level of support that suits your business or firm.