The OTL Process
Understanding the OTL Process
Since inception, OTL’s aim is to reduce bookkeeping related cost and improve operational efficiency through our extensive finance and accounting services. Our end-to-end solutions approach allow our clients to choose from multiple service models that best suits their business goals and budgets. Be it outsourcing of your entire finance & accounting functions, or selected burdensome accounting activities or automating and streamlining your existing finance & accounting processes, it’s all here under one roof. This is a one stop shop for all your Finance and Accounting needs.
Leveraging on our team’s hands-on experience in finance and travel accounting processes, coupled with our organisational core values such as integrity, confidentiality and untiring commitment, we assist you to achieve optimal performance in your finance and accounting functions.
Accounting and Financial Services
Our comprehensive accounting and financial services for the travel industry includes:
- Accounting and Bookkeeping
- Financial planning and forecasting
- Finance process improvement
- Financial statement preparation and analysis
- Compliance and advisory services
- Payroll processing
- Fixed asset management
- Treasury management
- Accounts receivable & payable management
F & A Outsourcing
Having an in-house team of finance and accounting experts has its own benefits, but for small and mid-sized businesses it means added financial burden due to high salaries and overhead expenditures associated with hiring, training and staff retention. As travel domain experts, We offer customized back office services to travel agencies which allow them to outsource burdensome finance and accounting activities to our well-trained and experienced financial experts. This not only enables our clients reduce cost significantly, but also allows them to focus on their core business activities while improving operational efficiency. Our outsourcing services offer the following benefits:
- Access to highly trained and experienced financial experts
- Increased operational efficiency and productivity
- Saves considerable amount on employment cost
- Brings flexibility and scalability in F&A processes
- Allows business to focus on their core competencies
- 24×7 financial services which ensure timely completion of tasks
- Access to latest technology and industry’s best accounting practices
- Business process automations
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