BRICKWORKINDIA

Financial Report for the company called BrickworkIndia

BrickworkIndia

Introduction

Today, companies increasingly use outsourcing. This business allows entrepreneurs to focus on their heart of business and make use of trained and qualified to outsource all or part of the strategic areas such as logistics, accounting or disclosure. Outsourcing for businesses can be very advantageous. It reduces cost and time of implementation, the best flexibility and added value due to the contribution of experts with specialized knowledge of their sector are factors discriminating allowing a company to generate sales of business.

This paper focuses on the Brickworkindia Company considering various functions that can be outsourced along with the pros and cons and implications with respect to the different stakeholders.

Discussion

Overview of the company

Brickworkindia Idea was to make the benefits of outsourcing available to individuals and small to mid-sized companies, by providing simple to complex business assistance, at an affordable price. The following are their function (www.brickworkindia.com).

Functions Can Be Outsourced To Brickwork

The functions that can be outsourced to the Brickwork can be bookkeeping, public relations, and IT services and HR function. These are among the functions that could be outsourced to the Brickwork.

HR Function

There are a number of reasons; both strategic and operational levels that Brickwork to outsource their HR activities. Many of them are similar to those that determine the outsourcing of other functions of the organization. In its effort to increase productivity, profitability and growth companies have been forced to analyze their internal human resources. This has resulted in many cases a trend towards outsourcing strategic human resource functions in response to the search for cost reduction of human resources.

Increasing competitiveness and reducing capacity in many departments of human resources, the department put under pressure to demonstrate their value in terms of efficiency and effectiveness. Some elements of human resources activities have always been performed by external service providers to the company: assessment center for selection of employees, hiring headhunters. However, in recent years the trend towards outsourcing has been growing (Madison D., 2005, pp. 8).

Bookkeeping

Our outsourcing department offers a wide range of customized accounting and business solutions for domestic and international companies. We know that when outsourcing company's accounting function there is no criteria of standard solution. This will offer a flexible service, allowing customers to retain as much control as they want, and have the opportunity to outsource a specific business function (e.g., sales journal, purchase journal) or opt for a more comprehensive outsourcing solution to (McIvor R., 2011, pp. 115). 

Our outsourcing service is scalable, allowing you to resources that suit the activities of your company, and thus provides an efficient and cost effective solution. The outsourcing team provides:

Accounting and Management Accounting

Compliance and advisory services relating to the VAT

On-site business support

Strategic financial support

In the United Kingdom established outsourcing services

Services for international companies and

Regulatory Outsourcing.

Public Relations Outsourcing

Public relations have established itself as an essential communication tool. The question that arises then is how to keep the consumer's mind a brand whose creation was based on public relations ...