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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”
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-
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