Case Study: How Accounting Service Promotes Business Growth

Must Know Factor While Hiring Accounting Service Firms

Accounting Service Is an essential service while operating any business.

Here We will break down some of the common issues faced by clients and how exactly you can solve them!

Key Points:

1. Accounting Service should primarily be based on clients' requirements, focusing on client requirement assessment and working accordingly.

1. Common Issues Faced By Clients: improper financial assessment, report generation, and poor consultancy. Helpful Solutions: accounting assessment service & staff, report generation tool, smart consultancy program.

1. Sun BD Helps its clients achieve their goals with the help of our amazing audit, tax, and consulting services.

As per a recent poll, half of the small company owners sought advice from accountants in 2018, with the majority requesting tax and accounting services.

Assessing The Needs Of Customers

When it comes to opening or expanding a firm, most business owners have cash on hand. However, many require assistance in obtaining finance to support these large investments.

Many businessmen and women said that more clients believed they might benefit from their accountant's help in attracting investment.

Excellent accounting firms with good accounting service knowledge, provide a unique view of what types of financing you can benefit from, as well as how to secure your company's reputation as a flexible service provider and develop further.

About Our Client

They are a well-known website development service provider, originating from Russia. Recently, they have taken the initiative to expand into Bangladesh.

Accounting Obstacles Faced By Our Clients

The Company reached out to us, had expressed their concerns regarding their issues and the accounting services-related quires.

Our client, based on their expansion, had requested a top-notch accounting service, which included a committed finance assessment service, along with a report-generation service. Followed by accounting consultancy service regarding loan management, investment planning, and fund collection.

They are listed below:

1. Problem 1: Financial Assessment, the resources needed for expanding in certain areas of Bangladesh, business process funds allocation, compliance, and regulation expenditure management had been serious challenges for our client.

1. Problem 2: Report Generation consisting, of daily reports and updates, bookkeeping, small to large scale company expense reports, and salary and bonus arrangement services in Bangladesh had been a constant requirement for our client while searching for the ideal accounting service.

1. Problem 3: Our Client had required loan management, suitable investment plans, and fund allocation for their business. They were in search of an expert accounting service provider to manage their fund collection along with the best insurance consultancy provider.

Our Expert Solutions: How We Helped Our Clients With Our Accounting Service

Along with our experts we had built a flexible and sophisticated framework of customized accounting services designed to suit their requirements. With a legal team of expert lawyers and dedicated accounting service staff, we provided them with these services:

1. Solution 1: Firstly, we created a comprehensive plan by engaging with our client, the plan included a step-by-step guide to achieving their goals and what resources they need.

1. Solution 2: We provided our client with a dedicated team of accountants tasked with smart accounts and financial assessment, and advanced tools to properly measure the funds required for certain business expansions. We also helped them, by setting an accurate data-based analysis of the expenses and capital which is required.

1. Solution 3: Our accounting service provided excellent AI-based software for smart data collection and data entry operations, along with a smart group of data entry experts to supervise the actions.

1. Solution 4: Our Experts had provided the client with an extensive scheme including all types of investment plans within Bangladesh, and pointed out the most beneficial ones for them. Afterward, we worked on providing the best accounting service consultancy program. Consists of the ideal fund allocation methods, acquiring and managing loans, and the paperwork.

Goals Achieved:

1. Increased income generation from sensible investments, 47% growth in re-investment into company operations.

1. Expanded into 7 regions within Bangladesh, financial assessments were 95% more accurate.

1. Smart data entry and advanced tools helped them save time and become more productive.

Our Accounting Service Also Includes:

1. Tax strategy and prepping: It's a special accounting service where specialists will help you avoid tax problems and perhaps identify solutions to reduce your taxes.

1. Consulting services: Assists you in assessing your existing condition, determining the next best course of action, notifying you of updates in business legislation in your area, and advising you on how to make your firm more effective and profitable.

1. Audit services: Guarantees that accounting statements are reviewed on a regular basis to check for mistakes and to ensure that the firm is operating in accordance with legislation.

Our Client Feedback On Our Service Capabilities:

Cost-Effective

81% Agreed

Finance Expertise

94% Agreed

Advanced Tools

95% Agreed

Saves Time

90% Agreed

Why Should You Choose Us?

Our Accounting Services have helped several businesses achieve their business goals from around the world. With our years of experience and keen knowledge of the market, we can help you in the best way possible.

We provide efficient and productive accounting services and management. Along with cost-effective solutions and advanced tools, you can always rely on SUN BD to cater to all your needs.

Still, Looking For The Ideal Service Provider? Contact us, and let’s set up a meeting today!

We provide employment Background Checks for pre-employment investigations, criminal records, and other screening services in Bangladesh.