Akshay Software is an US corporation with headquarters in Princeton, NJ

We have partnered with customers to help them gain a competitive advantage by providing end-to-end consulting, applications support, implementation and infrastructure services. Some of our projects include:

• Northern Trust (Chicago)- SWIFT Implementation and IT Consulting services

• Mitsubishi Banking and Trust Corporation (New York)- Turn-key project management for their SWIFT Infrastructure

• Franklin Templeton Investments (New York)- Consulting Services for SWIFT Implementation

• Global IT Consulting Firm (USA) – Entire Suite of Back-office Accounting Services

• Sparkers Inc. (California) - Suite of back-office accounting services include A/R, A/P, Purchase Order Invoice Matching etc.

• Citibank (Dubai, UAE) - Multi-year relationship involving product management of Citi-Direct and IT Services including development, maintenance and web services

• Housing Development Finance Corporation (India) - Multi-year relationship involving creating a data warehouse for their mortgage applications

 Akshay range of solutions for the financial services domain include:

• Back-office Accounting and Processing solutions

• Business Analytics

• Services focused on messaging and interface software using SWIFT

• Anti-Money Laundering/Compliance filtering solutions

• EAI solutions

• Treasury Management solutions focused on managing cash, trading and liquidity information in real-time

• Information Technology Consulting and Systems Integration

Back-office Accounting Practice – Our Commitment

Companies across all verticals like Manufacturing, Information Technology & Food and Beverages are adopting the off-site accounting model to drive down costs and improve efficiency.  Intense cost pressures and the general economic downturn are the major reasons historically staid financial institutions are looking for a new solution. How much are the financial institutions saving? The average was 39 percent, although some participants reported savings over 50 percent.

However, harnessing the immense power of Back-office Accounting is a whole new experience, one that comes with its own share of risks - and therefore requires much foresight and planning. ASI can help mitigate these risks, improve process efficiency and lower costs through it’s Off-site Accounting Delivery Model.

• We follow the principles of CIA – Confidentiality, Integrity & Availability

• We guarantee confidentiality of your data by signing a Non disclosure Pact.

• We maintain integrity of data on an on-going basis.

• We make your data available to your authorized persons at any time & from anywhere you may desire.

• We also recognize your concern for security and offer multi-layered security solutions for your data.

We work online / remotely and have our data center located in the Headquarters at the Carnegie Center, Princeton NJ.

We facilitate the access of your data to authorized users from anywhere globally through secure IP connectivity. We can also work & update / append data to our existing application on your own servers located in your office.

Our Customer Specialists are available on web chat for online assistance.

We offer you the dual potential to reduce expenses by outsourcing some of your basic accounting and back office processing work to us, thus saving on medical costs, insurance benefits, and other staff & personnel costs and increasing efficiency by getting the tasks done by experts in the domain.

 As a way to get started, we offer a Pilot on a cost-sharing basis. 

We are interested in your position on our proposition and look forward to discussing this matter further with you.  Please do let us know your views and or suggestions.  We would welcome the opportunity to do a trial Pilot.

We offer risk free cost effective Back-office Accounting solutions. 

Our service offerings in Back-office Accounting include among others: -

• Back-office business operations

• Co-ordinate with front-end sales & marketing to create back-end Sales/ order forms/ documents

• Record intermediate business documents & process for transactions closed

• Co-ordinate with Procurement & stores to Process purchase orders

• Interact & follow-up with associates/ consultants to collate timesheet documents & update time records

• Transaction Entry

• Receive inputs from transactions

• Record & enter data into System

•   Accounting

• Maintain Ledgers on an ongoing basis

• Accounting platforms presently used: Quick Books, Tally

• Reconciliation

• Reconcile Banks

• Reconcile Vendors Accounts

• Reconcile Customer Accounts

• Accounting to Inventory reconciliation’s

•  Accounting Reports

• Generate periodic Accounting reports & Analysis

• Profit & Loss

• Balance sheet

• Business Reports

• Sales By Line of Business

• Sales By location/ By Sales Person

• Costs By Line of Business

• Cost By Location/ By Sales Person

• Information storage, retrieval & backup

• Storage of data on hosted web servers

• Secure Access to your data

• Periodic backup management of data

• A/R Management

• Generate Invoice

• Distribute Invoices efax/ fax/ email/ post

• Collect checks & update A/R

• Aging A/R reports

• Follow-up for payments

• Write reminder letters/ make calls

• A/P Management

• Record vendor bills

• A/P aging

• Process checks for vendor bills

Please write to gangs@akshay.com for a Request for Information Document.