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Offshore for Seamless Audits

How Rapid Circle Streamlined Financials with Finsmart Accounting

A Global leader in  providing  Microsoft Cloud Solution, faced significant challenges in maintaining accurate financial records, leading to audit concerns and operational inefficiencies.

Finsmart Accounting’s outsourced accounting expertise transformed their financial management, streamlining financials for seamless audits.

About Customer

Established in the year 2008, Rapid Circle was the first Microsoft Cloud Partner to roll out Office 365 in Europe. They were soon recognized as the Microsoft Global Partner in the health industry. Today, Rapid Circle has proven itself as the leading provider of cloud solutions that expand across India and Australia. Rapid Circle is known to develop custom cloud solutions that fit their unique needs, no matter the size or shape of the business.

While they had experienced rapid growth, their financial management systems struggled to keep pace. Inaccurate financial statements, disorganized accounting processes, and audit concerns threatened the company’s reputation and financial stability.

Challenges

Challenges in Accounting

Our Approach

Being a reputed firm, Rapid Circle’s face value could have been lost without the right balance in the books. We looked at the problems in a holistic manner . We took approach that involved:

Our Approach to solve accounting challenges

Our Solution

Rapid Circle’s problem was pretty straight forward, but the issue lied in the proportion of the problem. It was big and hence, the solution needed to be curated in a step-by-step manner.

Our Solution to the challgenes faced in accounting

Partnership Success: Rapid Circle and Finsmart Accounting

"Initially we outsourced because we were small, but even as we grew, their services were so reliable that we never felt the need to hire internally. Payroll on time, 100% accuracy, accounting with no faults, never missed a date – it’s always been nice with them. Right from understanding international principles to handling complex structures – it's always a pleasure working with Finsmart."
Riya Chandan
Financial Analyst

Rapid Circle’s partnership with Finsmart Accounting yielded remarkable results:

Success with Finsmart Accounting

Leading Global Accounting Outsourcing Firm

Accounting Seat by Finsmart Accounting is specially designed for Accounting & CPA Firms and Global Corporates. This model aims to permanently solve staffing challenges in the Accounting Industry. We provide Bookkeepers, Tax Preparers, and Accountants on a subscription model. 

With over 18 years of experience, we have championed the outsourcing model. We follow compliance-first accounting practices with strict adherence to regional laws and accounting standards. We also ensure customer delight through timely delivery, the highest level of security, and efficient operations. With AI-powered technology and human judgment, we ensure you get accuracy in the services, with the highest attention to detail.

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