Case Study




This case study emphasis on a problem faced by Mr. Rohan Agarwal who started his business 5 years ago into trading but later started facing issues into financial accounting in spite of having a small team for the same. So, he started looking into financial accounting and other accounting concerns personally but because of this he was unable to give his attention to his actual business in terms of operations and looking for new and better prospects for his business. Initially while setting up a financial accounting department he took one by one task in hand.

1.    He built a chart of accounts
2.    Decided on accounting policies and methods.
3.    Developed accounting manual and accounting procedures.
4.    Selected accounting software.
5.    Determined the no of employees needed.
6.    Trained the staff
7.    Planned for tax
To set up all task, obviously time energy and money was invested.

So he segmented the cost required as follows:
Material
Cost
Accountant's Salary
Rs. 20,000/- per month
Accounts Manager Salary
Rs. 35,000/- per month
Office Seat Cost
Rs. 10,000/- per month
Owners time cost
Rs.15,000/- per month
TOTAL
Rs. 80,000/- per month

In spite of Spending Rs. 80,000/- per month Mr Rohan suffered from Mismanagement of financial Records, Clerical errors, delayed payments, inaccurate financial records, delayed tax filing like GST, TDR etc and penalties which ultimately cost him losing his good clients, good tie-ups and financial loss. At the same time staff started leaving the job and accountant quit the job.
This was only the example of Mr Rohan Agarwal who suffered financial loss in spite of spending time, money and energy. There are so many companies out there who face the same challenges.
To overcome all these problems Laabdhi – Outsource India Pvt Ltd. has come up with the most efficient and effective online service know as Laabdhi Shared Accounting Services (Laabdhi SAS).
It is a complete online secured service managed by India’s best-known professionals
It will not only save your money and time but energy as well and also one can work in peace with Laabdhi SAS.
Let's see the price comparison between the cost required by traditional method and Laabdhi Method.
Parameters
Traditional Method
Laabdhi SAS
Accountant's Salary
Rs. 20,000/- per month

We do it in Rs. 7,500/- per month
Accounts Manager Salary
Rs. 35,000/- per month
Office Seat Cost
Rs. 10,000/- per month
You save entire seat cost
Owners time cost
Rs.15,000/- per month
Owner saves his quality time
Total per month
80,000/-
 7,500/-

The cost saved per month is upto 1/10th of what one spends on financial accounting department.
 So Laabdhi SAS offers its services at cost of upto 1/10th of what you spend. Pay Only for what you use.
Switch to Laabdhi SAS and experience world class service provided by India’s well-known Professionals.

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