Out Sourcing
OUTSOURCING
WHY PAKISTAN?
Pakistan is a land of opportunity with a skilled labor force, decreased cost of doing business, favorable business law and tax incentives. In addition to the country’s geo-political importance, there is strong emphasis on technology education and training amongst the youth. Pakistan was recently rated much higher in terms of IP laws compared to others. More importantly, it is a country with high productivity, strong work ethic and the best performing stock market.
If you are a digital marketing agency owner or the head of business, you know exactly what it takes to acquire one account and to deliver optimum level services while keeping long term relationship. Reducing costs and the ability to focus on core business goals is the need of every organization.
In today’s world, customers are looking for specialized companies which are capable enough to fulfill all the needs of their businesses be it Website, Financial Management, Bookkeeping, Taxation, CFO Services, Data Management, HR and Payroll Management, Application Development, Digital Marketing, Creative work or Brand Development.
Outsourcing in Pakistan helps you to solve all problems of your clients so you can maintain long term relationships with them.
There is an increasing trend for sound business reasons for managements of large and small companies alike, including the dot-coms, to concentrate their resources and energies on core business activities and strategies by availing and hiring external professional help for undertaking certain non-core activities, routine functions, processes and activities. Outsourcing has thus come to be recognized as a distinct class of service in itself prompted by considerations of cost control, judicious use of enterprise’s own human capital and conservation of its own valuable time and resources for focusing on sound business planning and execution of action for excelling in performance and profitability.
Outsourcing of non-core activities and functions, on a complete or partial basis, customized to the specific needs of various clients, have assumed a wide dimension embracing multifarious tasks and services which include:
- Managing finance and accounting department
- Undertaking book keeping and accounting tasks, both manual and technology-based systems including preparation and processing of underlying documents
- Payroll preparation and related services
- Internal audit on a comprehensive, continuing or need-specific basis restricted to specific departments, divisions, functions and activities prompted by risk orientation and risk assessment.
- Staff secondment on short- or long-term basis for carrying out various designated functions under management’s own control and supervision
- Processing of high-volume transactions involving repetitive functions and processes, such as data input for stand-alone or networking solutions.
- Preparation and handling of:
- Monthly and periodical returns/statements prescribed under Income Tax Law.
- Withholding tax statements, challans and related tasks.
- Monthly and quarterly sales tax returns and reconciliations with related records.
- Handling of expatriate’s executive remuneration matters.
- Support services to international lending and donor agencies
- Computer facility management
- Management of computer department
- Provision of support, contract staff and data entry operators
- Documentation
- Assistance and coordination in determining and handling payment and tax aspects of dues payable to employees under severance and retirement benefit schemes, “Golden Handshake Schemes” or any other voluntary retirement or severance scheme.