Core Finance and Accounting Services

1. Accounts Payable and Receivable Management

• We handle accounts payable and receivable processes with a focus on fast processing and timely payment, supporting cash flow and vendor relations.
• Services include:
  • Invoice processing, verification, and payment reconciliation
  • Proactive collections management and customer follow-up
  • Vendor relationship management for cost-effective payment terms

2. Bank Reconciliation

• Our bank reconciliation services maintain financial accuracy by verifying and matching transactions efficiently, which is essential in the high-transaction environment of the travel industry.
• Services include:
  • Regular reconciliation of bank statements with a fast turnaround time
  • Identification and resolution of discrepancies
  • Monthly closing and reconciliation audits for financial integrity

3. Billing Settlement Plan (BSP) and Low-Cost Carrier (LCC) Reconciliation

• Our BSP and LCC reconciliation services ensure the accurate handling of agency payments, commissions, and financial records, aligned with industry standards.
• Services include:
  • BSP reconciliation in compliance with IATA regulations
  • LCC transaction reconciliation to streamline settlement processes
  • Discrepancy resolution and management of credit notes and chargebacks

4. Expense Management and Budgeting

• We provide comprehensive cost management support, enabling clients to optimize travel-related expenses, reduce operational costs, and make informed financial decisions.
• Services include:
  • Travel expense tracking, validation, and reporting
  • Claim verification and reimbursement processing
  • Cost analysis and budget forecasting

5. Payroll Processing and Compliance

• Our payroll services ensure timely, compliant payroll disbursements, enhancing employee satisfaction and regulatory compliance.
• Services include:
  • Payroll processing and employee data management
  • Compliance with local and international tax laws
  • Preparation of pay slips, tax forms, and audit-ready records

6. Financial Reporting and Analysis

• We provide transparent financial reporting and in-depth analysis, offering clients valuable insights into their financial health and enabling sound strategic planning.
• Services include:
  • Profit and loss statements, balance sheets, and cash flow analysis
  • Customized financial dashboards with KPIs and real-time metrics
  • Trend analysis and forecasting for proactive decision-making

7. Tax Compliance and Regulatory Reporting

• Our team ensures strict adherence to tax laws and regulations, minimizing risk, and maintaining transparent financial practices.
• Services include:
  • Preparation and filing of tax returns
  • Compliance audits and updates on regulatory changes
  • VAT, GST, and international tax management