Proaegis is a finance and accounting process outsourcing firm offering end-to-end accounting, finance, tax, and compliance services focused on serving startups and small enterprises. The firm was founded in 2020 and is headquartered in Bangalore India with offices in Bangalore and Palakkad and has partners in many other cities.
Current market offerings in the finance and accounting domain are geared towards servicing large corporates and are very expensive, or they are in the form of one-time, arms-length piecemeal solutions without any ongoing advice and support which is required for young, high-growth companies. Proaegis was founded to address this gap in the market for high-quality, end-to-end, accounting, financial, tax, and compliance services under one umbrella at competitive prices for startups and small enterprises.
Proaegis delivers end-to-end finance and accounting services for our clients. So, a client need not look for different accounting service providers for various processes.
We deliver our service to clients across the globe completely remotely and at a very optimal cost.
We have 99% adherence to SLAs till now and ensure 100% data security and compliance.
As the world is moving towards digitization, we can bring best-in-class systems including RPA tools and help automate processes and eliminate the need for capital to procure and implement systems for our clients.
We have employees with expertise in all accounting software and other automation tools. We also have tie-ups and access to a much larger talent pool that we can onboard quickly.
While we have employees with experience in many industries and access to experts on a need basis, the nature of work lends itself to be industry agnostic.
Digitize and automate routine backend processes to help organizations focus on their core activities
To provide high-end financial and accounting assistance to organizations to enable growth
Outsourcing the bookkeeping function will be more cost-effective than hiring full- time employees. The service provide will take on the costs of hiring, training, attrition, as well as ongoing costs of salaries, benefits, and office space.
Service providers have expertise and access to technology and resources that the finance function of a startup or mid-size company might not be able to afford on their own. This can lead to improved efficiency and productivity.
By outsourcing non-core accounting processes, a company can free up its management and employees to focus on its core activities.
Service providers will be able to provide the full gambit of finance service at a fraction of the cost. They will have access to a network of experts specialized in niche areas such as tax, treasury, legal, secretarial, or technology.
Normally a lot of time is lost to sourcing, hiring, and training resources. Organizations can save significant time and effort by outsourcing as service providers will typically have a pool of trained resources ready to start immediately.
Outsourcing will eliminate dependency on employees when they quit or go on long leave. Outsource partners will have trained backup resources who can take over immediately.
Outsourcing allows organizations to scale up or down as needed, without having to go through the process of hiring and laying off employees. Temporary needs during year-end, implementation of a new system, etc are better outsourced so that companies don’t have to carry employees on their payroll.
Using software can make processes efficient and can help reduce errors and fraud. Service providers will come with the best accounting, billing, or expense tools and startups or small enterprises need not invest capex and implementation costs for digital assets.
Outsourcing enables companies to tap into a global pool of talent, enabling them to access the best and most cost-efficient resources for their specific needs.
Proaegis is driven by four Chartered Accountants with a collective experience of close to 100 years across various industries, which enables us to provide sophisticated finance functional expertise to our clients both from corporate and consulting perspective
We will explain the accounts to your auditors and provide all required information and analysis
We will be available during your morning time. We will schedule the work in a way that all interactions and meetings are done during that time.
While all process activities are error-prone, we ensure errors are eliminated by using best practices, adequate checks and review, and automation.
We would prefer to work based on outputs and deliverables and not dedicate people. However, for special situations or for people required onsite, they can be fully dedicated
We will use client infrastructure to transfer and store data to protect security.
We will take them over to our payroll and manage them as our employees.