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Our financial process outsourcing (FPO) department combines our accounting, tax compliance, payroll services, legal, start-up advisory, and HR departments. The FPO department was created with the goal of providing exceptional services tailored to your needs, making sure our clients always have one point of contact.
We have the required capabilities to be the back office of a wide variety of clients in a range of industries by delivering bespoke FPO services designed with the sole purpose of helping your organization reach its objectives.
No matter the size of your business or the nature of the challenges you face, we can provide strong, reliable FPO support that delivers efficient, value-adding solutions. Read on to find out more about how we work and the variety of FPO services we can offer.
Our approach to providing business outsourcing support
Our team of financial process outsourcing experts guarantees a high level of personal attention and commitment. They will take the time to get to know your business and the obstacles that stand in your way. From there, they will be able to offer tailored FPO support that tackles those challenges head on.
Our core values include respect and integrity and you can rest assured our outsourcing professionals will adhere strictly to those high standards at all times. We can also offer financial process outsourcing advisory services on a global scale. Due to the strong cooperation and synergy amongst our internal departments and the international tax advisors and auditors across RSM offices in over 100 countries, we are able to provide a large number of high-quality FPO services.
Our FPO services
We can offer FPO for tax, bookkeeping and e-invoicing as well as start-up advisory services. Below, you can find more detail about all of the areas our outsourcing professionals can assist you with.
Start-up advisory
We understand that starting up a new business can be an overwhelming experience. Skillfully developing a short and long-term strategy is a daunting task, let alone mastering all the legal details of getting the business started. Let our skilled and experienced professionals help you get off the ground and running with our start-up advisory services.
We will manage all regulatory matters and assist you in developing your accounting system. Additionally, your business can take advantage of our exemplary financial consulting professionals to ensure that you’re off to an exceptional start.
Financial and tax advisory
We provide decision-making FPO support in this challenging environment. Due to the immaturity and limited information of the market, we work with you to understand the opportunities and challenges you might face and provide professional advice to take the necessary steps to improve your business.
Corporate directorship services
The FPO department provides a corporate resident director for your holding and finance company. As managing director, we carry out the day-to-day management of the company and ensure compliance with all relevant administrative, legal, and tax requirements.
Our FPO support in this field includes opening and managing clients’ bank accounts as director or procurator of the company. Payments are executed if they fit into the agreed transaction profile. Our FPO department offers a registered or correspondence address. We process and file all communications to this address accurately on a day-to-day basis.
Tax and VAT compliance
In today’s corporate environment, there is more to tax than just structuring. Failure to comply and manage tax obligations could result in unexpected penalties and additional taxes. That’s why we never underestimate the importance of these obligations and the deadlines that come with them.
International companies on the other hand need more than just local compliance assistance. They require multi-jurisdictional support. At RSM, we can manage these multi-national compliance requirements in a coordinated manner. We can also assist with:
- Preparation and review of income tax returns
- Fringe benefits tax returns
- Payroll tax advice and returns
- Deferred tax computations and preparation of tax notes for financial statements in accordance with the Egyptian Accounting Standards
- Transfer pricing benchmarking studies and documentation
- Adherence of tax professionals to assist in-house finance divisions
- Coordination of global tax compliance requirements
- Revenue authority representation – audits, investigations, negotiations, and settlements.
Bookkeeping and accounting
Of all departments in a company, accounting is one of the most important to automate. With the help of our exemplary information technology personnel, we will develop and implement financial and managerial accounting software systems to fit the needs of your company. We’ll take care of your bookkeeping and the preparation of your accounts as well as:
- Profit/loss projection and budgeting
- Bank reconciliation
- Provisional tax calculation for tax estimates
- Preparation of annual financial statements
- Assisting schedules for external audit purposes while concentrating on the auditor’s requirements.
E-invoicing
Keeping up with a digital era, RSM uses the latest automation tools to deliver an end-to-end invoice and payments processing solution. Our FPO department offers an automated payment management system, giving clients the opportunity to request and receive invoices electronically with minimal human intervention.
RSM Egypt: The financial process outsourcing experts
If you would like to know more about our financial process outsourcing advisory services, please do not hesitate to get in touch with us at your convenience. You can do so by filling out our online contact form or by visiting one of our offices in Cairo and Alexandria. We’re here to offer the FPO support your organization needs.