OHI is an established outsourced accounting firm with over 18 years of experience. We offer a comprehensive suite of back-office support services tailored for retail and eCommerce businesses. Our team of skilled professionals efficiently handles essential day-to-day tasks, including accounting, inventory management, order processing, and customer communication via email and phone. By entrusting these crucial operations to our experts, you can focus on growing your business while we ensure smooth back-office functioning at highly competitive and affordable rates. Whether you need retail accounting services, e-commerce accounting services, or general bookkeeping, OHI is your reliable partner for streamlined operations and financial management.
Realize cost reductions of 30%-50%
Scale up and down based on your needs
Focus on running the business instead of managing books
Use us as full-time, part-time or on as needed basis
Access to best practices derived from 300+ businesses
The indicative standard charges for Junior and Senior Accountant roles are listed below. Custom packages of 25, 50 and 80 hours per month are available.
Junior accountants typically provide the following accounting services – accounts payable, accounts receivable, bank, credit card and vendor reconciliation, general ledger accounting and basic management reporting.
Staff Accountant can provide the following accounting services- General ledger accounting, payroll, monthly closing of books including finalization, simple monthly reporting with variance analysis.
Our senior management team and operating team has a sound knowledge and good understanding of ecommerce specific processes as a part of our team was closely involved in setting and running a fully fledged ecommerce business for four years. This close involvement in execution of an ecommerce venture has given us a ringside view of the different ecommerce processes such as marketing, cataloging, price and inventory management, sourcing and shipments. Additionally, we have served multiple retail and online stores, who have used us for accounting and back-end processes.
A key driver for outsourcing is the high cost savings associated with it. Our clients typically experience cost savings ranging from 30%-60% depending on the nature of business, process complexity, existing onshore costs etc. There are numerous other advantages that make outsourcing a significant value creating proposition. The flexibility in staffing structure enables firms to higher more during the busy holiday season and lower staffing levels in lean seasons. Many small ecommerce shops work with part-time on shore staff to reduce costs. They can easily higher full-time dedicated employees, resulting in faster completion of work such as updating catalogue, modifying stock and price levels, better responses to issues and challenges. In sum, clients see cost savings, better operations and faster responses to order trends.
The success of your ecommerce website depends heavily on quality and depth of your product catalog, its freshness (particularly in apparel and electronics), quality and way of presentation. For E-Commerce businesses, it’s probably the most important consideration while building website, it is unfortunately, can often remain unchanged after the initial few months. A catalog update service enables you to bring new SKUs LIVE faster, update product descriptions, phase out old items and run new promotions and prices.
We can provide you accounting, price monitoring, order processing and catalogue management services. For detail information about each section click here E-Commerce Services.
It depends upon volume of your business and your reporting requirements. One can see books of account in real time through ONLINE accounting software which can serve only small business entrepreneur. We recommend desktop version of software for the mid & large size firms. We can provide you all the reports & data within fortnight as and when required by you.
We assign dedicated team to perform your services so that you can focus completely on increasing your business. Once the initial transition is over, most processes require minimal intervention from your end. However the smooth running of any process depends on right staffing, well documented processes and a smooth information flow.