Confiance Bizsol Private Limited

Bookkeeping and finance support across four countries

Confiance Bizsol Private Limited supplies outsourced bookkeeping, accounting and back-office help to businesses, with a presence it lists in the USA, the UK, Australia and India. It states its aim as quality, timely service at competitive rates, delivered with what it calls peace of mind, and it describes its long-term ambition as becoming a leading provider of knowledge-based solutions.

The core accounting work

The firm provides bookkeeping and accounting to keep a client's financial information accurate and current. Reporting and analytics, tax return preparation, payroll and auditing come next, followed by strategy consulting, financial planning and advisory work. It also handles medical billing and coding as an outsourced service. Its pitch is a personalized, complete financial service in which the client is relieved of routine finance demands.

Shared services and global capability centers

A newer part of the offer is aimed at enterprise leaders deciding how to organize finance, IT and HR delivery at scale. The firm says it partners with large organizations to design, launch and run shared services centers, managed services engagements and global capability centers, whether the client chooses to outsource to a managed services partner or to build its own center. HR and people services sit alongside finance and IT in that line.

IT-enabled services

A technology strand is presented as part of the wider back-office offer: bespoke applications that it builds and maintains, websites, moving a client's software to a new platform, and online store builds.

Industry specialisms

Five sectors are singled out. For corporate accounting, the firm addresses companies that expand into other countries and find their in-house teams stretched by new offices, new hires, new vendors and new accounting strategies. Its franchise accounting reviews the finances of individual franchisees and builds a plan for managing funds, on the view that a franchise thrives only if its franchisees do. For property management it promises transparent reporting on money coming in and going out, with real-estate knowledge behind the accounting. Restaurants, from a start-up to an international chain, are served with up-to-date books and timely reports. Auto stores get accounting that clarifies income and spending and reduces risk.

Confiance Bizsol Private Limited provides outsourced bookkeeping, accounting and back-office support to businesses. It lists a presence in the USA, UK, Australia and India. Beyond day-to-day finance work, the company helps larger organisations design, launch and run shared service centres and global capability centres.

What Confiance Bizsol Private Limited offers

• Bookkeeping and accounting: keeping the books current and producing accurate financial records.
• Financial reporting and analytics: reports and analysis that show how a business is performing.
• Tax, payroll and audit: tax return preparation, payroll processing and auditing.
• Shared and managed services: service centres and managed engagements covering finance, IT and HR.
• IT-enabled services: custom application development and maintenance, web development, software migration and e-commerce builds.
• Medical billing and coding: billing and coding work handled as an outsourced service.

Customers and markets

Confiance names corporate, franchise, property management, restaurant and auto store accounting as its industry specialisms. It aims its services at companies whose in-house finance teams are stretched, particularly while they expand into other countries.

Key facts

• Offices: USA, UK, Australia, India
• Other services: business strategy consulting, financial advisory, HR and people managed services