siliconindia | | April 201919The multidisciplinary services and immense exposure & experience Affluence has garnered not only provides end-to-end solutions to its clients but also brings value on the table for its SME clientsthat match with its clients' expecta-tion. Going forward, the Affluence team first understands client's objec-tive of any matter referred to them, gathers appropriate facts and based on inputs accumulated develops busi-ness & financial strategies to achieve their objective. Affluence Advisory has client-centric approach, where it keeps client's interest in mind, while giving any suggestions/solutions.The project management soft-ware (in-house) and monitoring & review mechanism enable the team to schedule the work properly and attend multiple assignments even under pressure without compromis-ing the quality in clients delivery. In this tech-savy venture, the part-ners always monitor the project/engagements before delivering it to the clients. "To ensure that our delivery matches the client's expectation, we never go out of way of our key practice areas and never overcommit clients to solicit the engagement," adds Nimish. Trending-up with TechnologiesHiring experts to install & manage hardware/software architectures and upgrading its technologies in every 2-3 years enables Affluence Adviso-ry to enhance efficiency in deliver-ing engagements. Further, Affluence Advisory keeps its team (Charted Accountants & Company Secretar-ies & Lawyers) upgraded with the latest trend & technologies. These associates are well-trained on vari-ous updated platforms. Concentrat-ing on data security, the firm has a system in place to monitor laws pertaining to data transmission & information related to any project is kept confidential in a bid to keep the entire data transmission process private. The firm has well placed authority matrix and data access control system.The company that is well posi-tioned in corporate law, risk adviso-ry and due diligence services keeps identifying opportunities in Indian market and overseas market. Based on the market dynamics and chang-es in the corporate & regulatory en-vironment, the firm either starts a new vertical in-house or repositions its existing practices. For instance, earlier in case of risk advisory, the function based approach made way for process based approach. Simi-larly, a mechanism to inspect, de-tect, react and correct - post-mortem approach using sampling technique got changed to a mechanism to an-ticipate, prevent and monitor - antic-ipatory approach using data mining tools. There is paradigm shift in risk advisory services. Accordingly, Af-fluence Advisory has repositioned its risk advisory practices which totally concentrate on risk based practice. Crediting team's experience and self esteem for organization's growth, the venture is focused on bringing new services/solutions, experiences and intelligence in creating long-term growth strategy for SMEs. The Way AheadCurrently having clientele base in UK, U.S. and Japan, Affluence Advisory has procured a phenom-enal revenue growth. It's looking to acquire more clients from Ita-ly & China and aims to expand its workforce from 27 to 40 by 2020. "Besides private client practice, we are also growing on financial insti-tutional desk which brings steady workflow for us. Whatever we have done so far and achieved, it's purely because of the quality service that's being delivered to our existing cli-ents. We are growing through word-of-mouth publicity and references," concludes Nimish. Key ManagementNimish Khakhar, Chief Executive Advisor This charted accountant possesses over 20 years of experience in transaction (M&A) and transaction support services (vendor & buyer side due diligence). Offices: Mumbai & PuneServices: Transactions, Corporate Law Services, Risk Advisory, Tax Advisory & Litigation Services, Assurance and Account Process outsourcingCore Team Members: CA Ambarish Sodha, CA Dipesh Sangoi, CA Tejas Sodha, CS Sachin Kotian, and CA Payal Khakhar.ACCOUNTING OUTSOURCING10 MOST PROMISING SERVICE PROVIDERS ­ 2019
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