Four layers of the finance function, one provider
| Layer | What it covers |
|---|---|
| Accounting | Daily entries, bank reconciliations, receivables and payables, fixed assets |
| Payroll and compliance | Salaries, PF, ESI, professional tax, TDS, GST returns, ROC filings |
| Controller | Month-end close by the 5th working day, controls, audit coordination, SOPs |
| CFO | MIS, budgets, cash forecasting, pricing, bank and investor work, strategy |
Most clients start with two or three layers and add the rest. Ideasurge, for example, used us as a one-stop shop for accounts, audit and payroll for five years.
Soatech has been an excellent partner to ideasurge for the last five years as our one-stop shop managing Accounts, Audit and Payroll. In addition, they have been instrumental in coordinating with a prior accounting firm and getting us up to date with all regulatory and statutory needs. Soatech now seamlessly operates as an extension of ideasurge for all Finance functions.
Soatech is perfect for a company like ours that doesn’t have an in-house Accountant / CFO. They are very professional and do things in a timely matter. They always get right back to you with an answer to your question.
Quoted word for word from our clients. Some quotes use our former name, Soatech.
Switching from your current accountant without losing anything
We take stock
Books, filings, pending notices and open items, reviewed in the first two weeks.
We coordinate the handover
With your prior accountant or firm, including documents, passwords and pending filings.
We catch up
Overdue filings and reconciliations brought up to date, and statutory gaps closed.
We run it
Monthly close, compliance calendar and MIS, with CFOAvatar's daily view.
What an in-house finance team really costs
Questions owners ask us
How much does it cost?
It depends on scope: the size of the business, the number of entities and branches, and how often your CFO meets you. Plans start from ₹50,000 a month. We fix your fee after a free assessment of your business, so you pay only for what you need.
Do you provide financial controller services?
Yes. Controller work, the monthly close, reconciliations, controls, SOPs and audit coordination, is part of our outsourced finance function.
Can you take over from our current accounting firm?
Yes. We coordinate the handover, bring pending filings up to date and keep everything documented, as we did for Ideasurge.
Will we still need a statutory auditor?
Yes. The statutory auditor must be independent of whoever keeps the books. We coordinate with your auditor every year.
