We at K.V.Venkitaraman and Co., are committed to delivering value to our clients and ensuring their long-term success. Our deep knowledge and experience across industries enable us to respond rapidly to the evolving business needs of our clients. We don’t work just as your advisers or consultants but more as your “Implementation Partners”.
We understand your problems as if they are ours and provide practical solutions to mitigate them. Our specialized business consultancy services offer a high level of access to our partners’ knowledge and hands-on approach to assist our clients to make informed decisions, manage risk effectively and streamline their organization.
Management consultancy
Entrepreneurs face various challenges in today’s competitive world, from the selection of right form of business to managing cash flows which can dampen their enthusiasm for setting up an entity and starting a business. For this, you need expert and practical advice from professionals who not only have local expertise but also a global outlook. Our focus is to ease the burden for our clients in setting-up and run their business by achieving the right balance between business needs and mitigating compliance risks.
We are equipped with a team of highly knowledgeable partners, dynamic professionals and robust processes to hand-hold our clients through the complete start-up process, navigate through complex regulatory compliances and finally guide them to ensure a smooth set-up of their business. Our services includes:
- Preparation on legal opinion
- Company incorporation and partnership formation
- Initial compliance under Companies Act, 2013
- Registration under various laws such as GSTIN, export-import code
- FEMA compliance
- General advisory on Companies Act and FEMA
- General advisory on tax matters
Financial management advisory
In the early stages of business growth, companies need to focus on their core business functions. Along with ensuring statutory compliances, it is also crucial to meticulously record financial information and provide accurate data for informed decision making by top management. An accurate, timely and flexible management report is what companies need to manage their financial operation with ease.
We assist our clients in building a flexible and accurate financial management report which is tailor-made based on their operations, use, frequency and expectation of the management. Our services help clients to monitor performance, assess metrics and take strategic decisions. With our deep roots in finance and compliance, we can help our clients in professionally managing the compliance requirements, timely completion of the audit and minimize the audit qualifications. These services include:
- Setting-up Accounting Systems
- Designing Financial management Report
- Monitoring compliances, spotting compliance issues and assistance in mitigating risks
- Implementation of ERP platform
- Periodic meetings to discuss all the compliances issues and management reports
- General assistance to management in decision making
Design, implementation and review of Standard Operating Procedures for financial control
As businesses expand their operations, there is an increased focus on good governance and risk management in order to create and protect value for all stakeholders. A standard operating procedure incorporating good corporate governance, strong risk management policies and a comprehensive compliance framework are crucial for adding business value by improving operational decision-making and strategic planning.
We review our clients existing operating procedures and help to strengthen it. Our services provides an effective measures to minimize a organization’s financial risk such as non-compliances, non-availability of required information to management, lack of internal skill set, etc. As a trusted advisor, we support businesses by offering timely insights of financial data, tax and regulatory compliance and keeping a check on the financial statements.
Finance Controlling
- Designing an effective standard operating procedure (SOP)
- Implementation of SOP including training process
- Reviewing the operating efficiency and effectiveness of the SOP
- Periodic follow-up
- Modifying/adjusting the SOP according to the change in laws and regulations or business process.
Planning, Budgeting and forecasting
With limited growth opportunities, the finance functions of business are being more and more challenging. They are required to be more effective at enabling and driving strategy, mediating external stakeholders, and making the organization more resilient, streamlined and agile as they journey into the future.
Our focus is to assist our clients balancing their priorities and deal with challenges related to growth, profitability and risk through a range of planning, budgeting and forecasting services.