Our Services
Financial Planning and Analysis
Financial planning and analysis (FP&A) is the budgeting, forecasting and analytical processes that support an organization's financial health and business strategy. (FP&A) is a group within a company's finance organization that provides senior management with a forecast of the company's profit and loss (income statement) and operating performance for the upcoming quarter and year.
Accounts Payable/Receivable
The role of the Accounts Payable involves providing financial, administrative and clerical support to the organization. Their role is to complete payments and control expenses by receiving payments, plus processing, verifying and reconciling invoices. Accounts receivable duties include ensuring accuracy and efficiency of operations, processing and monitoring incoming payments, and securing revenue by verifying and posting receipts.
Cash Management
Cash management is the corporate process of collecting and managing cash, as well as using it for short-term investing. It is a key component of a company's financial stability and solvency. In includes preparation of cash flow statement , preparing cash forecasts , managing unallocated cash , Debtor's/Creditor's management.
Invoice Processing
Invoice processing is the entire process your company's accounts payable uses to handle supplier invoices. It starts when you receive an invoice and finishes when payment has been made and recorded in the general ledger. Invoices can be received in the form of paper invoices, PDF or in any other format.
Credit Control Services
Outsourced credit control services can make a huge difference to the cash flow of a business. Each credit controller working on a ledger is trained thoroughly on the client's business, so understands the in's and out's of our customer, appearing to be a member of the business .It includes ensuring all payments paid directly to your bank account. Also Collection activity carried out to an agreed defined process with a focus on contacting clients by phone backed up by a series of emails/letters.
Data Entry Processing
Data entry processing professionals are responsible for maintaining a company's database with updated and accurate information. This process may involve inputting financial data, customers' account and information, medical records, purchase orders or any other information into a company's computer system.
Month End Reporting
Month end closing and reporting includes closing/assessing revenue and EBIT and includes payroll costs, posting accruals / prepayments, etc. It also involves variance analysis of current month actual results with Budget/Forecast, prior year etc. and presenting the same to stakeholders as well as resolving any queries which senior management may have.
Budgeting and Forcasting
Budgeting and forecasting is important to set targets for income and expenditure and then hold yourself accountable to those targets as the year progresses. The most financially stable businesses have a budget and a forecast. The main benefits are - Take control of what's coming in and due to go out of the business. Additionally, we have an expertise for laying out budgeting and forecasting models for the businesses.
Broking Services
It includes liaising between clients and insurance companies, finding the client the best deal for insurance cover, discussing and assessing clients' current and future insurance needs. Researching insurance policies and products. An insurance broker makes money off commissions from selling insurance to individuals or businesses.
Premium/Claims Processing
It includes back end processing of Premium / Claims and ensuring all the processing is done correctly with relevant quality checks. Insurance premiums are paid for policies that cover healthcare, auto, home, life, and others. It also represents a liability, as the insurer must provide coverage for claims being made against the policy. An insurance claim is a formal request by a policyholder to an insurance company for coverage or compensation for a covered loss or policy event. The insurance company validates the claim and, once approved, issues payment to the insured or an approved interested party on behalf of the insured.
Other Insurance back end Processing
Our team provides international standard back-office management services with an unparalleled combination of expertise, experience, and technologies used. Having served insurance industry for significant number of years helps us understand different businesses and cater to their specific needs.
Audit Support/Audit Handling
Audit support includes providing financial records and supporting documentation to auditors, assisting in the development of process cycle memorandums, procedural walk-throughs, and responding to various inquiries to assist the auditor with the development and documentation of their work papers.
Invoice Auditing
An invoice is a commercial document that itemizes and records a transaction between a buyer and a seller. KVS provides invoice auditing services for all the types of industries. Our accounting team will ensure that you are "getting what you paid for." We guarantee to be quick, accurate and on-time.
Other Business Processing Services
Business Process Services are services outsourced to Organizations that specialize in taking up outsourcing activities. Specific business processes that are not the core competencies of an organization can be outsourced to companies specializing in taking up those activities. We ater our services to all types of industries and excel in it