Expansion of the company’s day-care services across the country, and update compliance and payroll records, along with creating an accounting process for the firm as it had not been yet established.
The daycare facility experienced a major compliance and administrative audit issue, wherein the expansion of their business portfolio was restricted by the lack of employee records, payroll records, service agreements, compliances, and revenue receipts.
AKCJ was approached by company management regarding an internal audit. In the initial stage, our team of auditors examined the lack of book-keeping in the company and provided a detailed summary of all the missing areas to management. The actual financial and regulatory situation of looked dire, so the management decided to further appoint AKCJ to manage the compliance records, payroll records, legal matters and to create an MIS for revenue and expense accounting for the company.
With the successful completion of that assignment, we went above and beyond to identify loss-making centers within the established to make the organization leaner and more profitable. The continuous dedication of our team towards managing micro-matters of the company has resulted in the institution is being a renowned daycare brand in North and West India.
- The group is a renowned daycare facility in Delhi-NCR region and in Mumbai
- We have helped them transition to digital management, expanding over 20 cities across India
- MIS systems set up for smooth internal operations, including payroll and revenue management systems.