Client : One of the leading distributors of LASIK equipment and eye health products
Service Offered : Audit Support
Sector / Industry : Healthcare
The client is a part of a recent global acquisition having the erstwhile group’s accounting centralized at Singapore. Post-acquisition, while the client was still in the process of setting up its own local F&A team and obtaining hand-over from the Singapore team, they had to comply with the year end closing and statutory audit under the prevailing local laws.
Our team studied the company’s past data and method of maintenance of the two sets of accounts i.e.for group reporting and local reporting. Based on the historical data available, our team prepared the accounts compliant with local laws, and advising the company on the non-compliances pertaining to the local accounting standards.
Our team prepared all the necessary workings to support financial statements. Further, the team coordinated with various departments for arranging documents related to secretarial compliances, direct taxes, indirect taxes, etc. acting as the single point of contact for the auditors. We ensured that the auditors received appropriate support in the form of documents or calculations, as required to conclude the audit.
The audit was completed within a stipulated time. During the process of the audit, the Nexdigm team had gathered complete knowledge of all balances in the company’s books of accounts. Our team, thus, guided the newly appointed F&A team, helping them gain control over its financial balances faster.
The F&A team was made aware of the legacy issues identified by the Nexdigm during the audit, and the same were highlighted to their Global management. The group realized that such issues prevailed across the acquired concerns and launched a remedial scheme.
Services Offered CFO Support & Finance Controller Services
Sector / Industry Healthcare
End-to-End Digitization of multiple Cross-functional Processes
Services Offered Process Improvement
Sector / Industry Healthcare
Services Offered Program Management
Sector / Industry Healthcare
Payroll, leaves calculation, and labor law compliances for 600+ employees
Services Offered Payroll, Administration & Compliance
Sector / Industry Healthcare
Services Offered Due Diligence & Valuation
Sector / Industry Healthcare
Cancellation of share capital against accumulated losses and return of excess capital
Services Offered Capital Reduction
Sector / Industry Healthcare, Manufacturing
Streamlining payroll process for Zenith Technologies, a Life Sciences Automation Provider
Services Offered Payroll, Administration and HR Compliance
Sector / Industry Healthcare, IT
Offered Audit Support to a US-based Medical Devices Company
Services Offered Audit Support Services
Sector / Industry Healthcare
Finance Controllership and ERP Migration Support following a Divestiture
Services Offered Financial Management
Sector / Industry Healthcare
Services Offered Inventory Verification, Fixed Assets, Financial Transformation, Audit Support
Sector / Industry Healthcare
Services Offered Project Management for Post Merger Integration, Business Advisory Services
Sector / Industry Healthcare
Services Offered Program Management Services for Post-Merger Integration
Sector / Industry Healthcare
Voluntary Liquidation of the Company
Services Offered Voluntary Liquidation of the Company
Sector / Industry Healthcare
Set up and management of the Finance and Accounting function post a divestiture
Services Offered Finance and Accounting
Sector / Industry Healthcare
Order-to-Cash process management for the Indian subsidiary of an Australian multinational
Services Offered Finance & Accounting Management, Process Improvement
Sector / Industry Healthcare
Commercial and Operational Evaluation of 4PL Arrangement
Services Offered Supply Chain
Sector / Industry Healthcare
Warehouse Network Optimization for Rapid Point-of-Care Diagnostics Manufacturer
Services Offered Supply Chain
Sector / Industry Healthcare
Services Offered Project Management for Post Merger Integration, Business Advisory Services
Sector / Industry Healthcare
Services Offered International Tax Advisory
Sector / Industry Healthcare
Business Plan for Hollister’s India entry strategy and manufacturing setup
Services Offered Business Set-Up, Project Management, Accounting and Tax Advisory
Sector / Industry Healthcare
Contract management services including contract drafting, redlining, and negotiation
Services Offered Contract Management Services
Sector / Industry Healthcare
Roadmap for APAC Service & Repair Network Set
Services Offered Supply Chain, Program Management
Sector / Industry Healthcare
Provided integrated accounting, tax, and compliance support for wholly-owned Indian subsidiary
Services Offered Accounting, tax and compliance services
Sector / Industry Healthcare
Or
Reach out to us at ThinkNext@nexdigm.com
