Accounts Cleanup & Restructuring Services
Ensure your financial records are accurate, organized, and streamlined with our Accounts Cleanup & Restructuring Services. We provide comprehensive solutions to optimize your accounting processes, making them more efficient and compliant.
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Your Business will never be the same again, You will love the PKC experience!
What is Business Process Automation?
Business Process Automation (BPA) is the use of technology to perform recurring tasks or processes where manual effort can be replaced, to improve efficiency, reduce costs, and enhance service delivery. With BPA, companies can digitize approvals, automate repetitive tasks, integrate systems, and enable faster, data-driven decisions — freeing up teams to focus on high-value work.
Common Challenges We Address for Our Clients
- Lack of robust business processes supporting rapid business growth
- Top/second level Management stuck in routine operations leaving no time to focus on growth & delayed decision making.
- Lack of standard processes and people doing things their own way without accountability.
- Inefficient and ineffective processes result in longer turnaround times.
- Increasing costs & shrinking margins.
- Poor visibility on business & lack of data driven decision making.
What We Offer
1. Accounts Cleanup Services
Our Accounts Cleanup process is designed to ensure your financial records are up to date, accurate, and aligned with industry best practices. Here's what we do:
Data Review & Verification
We thoroughly analyze your financial data, identify discrepancies, and validate every transaction to ensure completeness and accuracy.
Account Reconciliation
We reconcile all accounts, including bank accounts, sales, purchases, and other financial transactions, to ensure consistency with your bank statements and ledgers.
Correcting Journal Entries
Any errors or missing journal entries are corrected, ensuring all transactions are properly recorded in accordance with accounting standards.
Classification & Categorization
We categorize your income and expenses appropriately, aligning them with relevant accounting codes for easy tax filing, audits, and financial reporting.
2. Accounts Restructuring Services
Our Accounts Restructuring services focus on optimizing your accounting system, enhancing automation, and making your financial processes more efficient. Here’s how we can help:
- Restructuring Chart of Accounts: We redesign and optimize your Chart of Accounts for both Profit & Loss (P&L) and Balance Sheet categories, ensuring a clear and consistent framework for better financial reporting and analysis.
- Automation of Financial Processes: We enable automation in your accounting software for key financial processes such as invoice generation, expense tracking, and payroll management, saving you time and reducing human errors
- GST & TDS Return Automations: We set up automation for GST and TDS return filings, streamlining transaction-level tax calculations and ensuring timely, accurate compliance.
- Transaction-Level Automation: Automate transaction-level processes, such as capturing invoices, recording payments, and generating tax reports, to reduce manual intervention and enhance data accuracy.
- Financial Reporting & Analytics: We help design financial reporting systems, generating real-time reports for better decision-making and greater financial control.
- SOPs, Comprehensive Manuals & Guides: We provide detailed standard operating procedures, user manuals and guides to help your team manage your restructured accounts efficiently, ensuring smooth operations and minimizing disruptions.
- Transitioning from one software to another software: We assist in migrating data from one software to another software while transitioning, ensuring real-time access to financial data and enabling seamless collaboration across teams.
- Integration of Accounting Software: We integrate your accounting software with other business systems (like CRM, ERP, and HRMS) to improve workflow and enhance financial data consistency.
Company Registration Process in India
Step 1: Gather Initial Documents
Collect all necessary documents and verify them to begin the incorporation process.
Step 2: Obtain DSC and Name Approval
Apply for a Digital Signature Certificate (DSC) and get your company name approved by the Ministry of Corporate Affairs (MCA).
Step 3: Collect Additional Documents
Gather and verify the second set of required documents.
Step 4: Draft MOA and AOA
Create the Memorandum of Association (MOA) and Articles of Association (AOA) for your company.
Step 5: Submit Forms and Documents
Upload all the completed forms and necessary documents to the MCA portal.
Step 6: Company Incorporation
Wait for the Registrar of Companies (ROC) to approve your application and issue the company incorporation certificate.
Choose the Right Business Structure
- Limited Liability Partnership (LLP)
- One Person Company (OPC)
- Private Limited Company
- Public Limited Company
Our Commitment
Automation First
Cost Efficiency
Seamless Integration
Scalable Solutions
Human + Digital Synergy
Continuous Innovation
Looking Beyond Automation? Explore These Services
Business Process Health Check
This is a short one or two day evaluation study by our senior experts that gives you powerful insights on efficiency & effectiveness of your current processes.
Business Process Re-engineering
Achieve breakthrough improvements by rethinking and redesigning your core processes. Rethink, redesign, and rebuild critical workflows for today’s challenges and tomorrow’s growth.
Continuous Operational Excellence
This is a cost effective programme built by our process experts for mid to large enterprises. Our expert team visits you every month for continuous process improvement and compliance audits.
Process Excellence Teams
Our onsite dedicated Process Excellence Teams work alongside your organization to optimize business operations. This is suitable for large enterprises with complex processes and on a rapid growth path
Process Audits
Evaluate your existing processes with our thorough Process Audits. We identify inefficiencies, bottlenecks, and compliance gaps, offering actionable recommendations.
SOP Drafting & Process Mapping
Aren't your processes documented? Document your current processes with our SOP drafting and Process Mapping services.
Why Choose PKC for
Your
Consulting
Needs?
On-Ground Implementation with Measurable Impact
200 Implementation Projects
Trained 10000+ employees
Strong Technology
Expertise
Expert in 30+ ERPs
Diverse Expert
Team
30 consultants with 10+ years of experience
Deep Industry
Expertise
18 Board of Experts
Trusted by Enterprises
Across
Industries
1500+ Happy Clients
Practice Leaders
Swetha Kochar
Balaji Prasath
Shreyansh
Abhinesh
Success Stories
Listen to our clients
Rajesh Bohara
Director, MBM India
Apex Coconut CMO Appreciated PKC Management Consulting for CRM Implementation
Acahriya World Class Education
Mr. Kiran Kumar Raju
Director, Vysaraju Jewellers
Hear from Our Happy Clients
Apex coconuts, one of the largest vertically integrated coconut processing company in south east asia, was facing issues with handeling a lot of leads and turning of leads to deal. Upon their meeting with the PKC team, PKC analysed the business and issues. Gokul Shrinivasan, the CMO of Apex coconut said-“The PKC team analysed all the issues, communicated them to me and the solutions as well. PKC also implemented CRM for me that helped me abalyse the leads better, and thus have a more worry-free process. PKC has helped me analyse all information and turn it into prsopects. We look forwad to engage PKC into procurement and logistics and accounts domain. We really recommend the PKC team”
Gokul Shrinivasan
Apex coconuts
"Our collaboration with PKC Consultants has added incredible value to our ERP implementation Project. Leveraging their experience and knowledge helped us Go Live on time at Sundaram Composites, while critical activities like Requirement gathering, Testing, User training and Documenting procedures are addressed in advance.
Their contribution to the development of structured way for assessing the Implementation partners, Understanding the Business processes and putting up checks and balances as appropriate was critical in meeting the Digital Initiatives which we combined with our ERP Implementation."
Thirumalai G
Head - India Operations
"The Internal Audit Assignment carried out by your team was in a very Structured manner and the Quality of Service is excellent."
CA Sampathkumar D
CFO, IndianOil LNG Private Limited
"We did not have control of our expenses, due to the sheer size of our 40 store operations. With PKC's insights, we are now in control of costs. The best thing about PKC is they are ready for change & work as per the clients need, even though it's out of their way."
Raakesh Ramanand
Managing director, Consolidated retail
“We have engaged M/s. PKC Consulting Co, Chennai for streamlining our inventory receipt and management system. They had designed a system which had been integrated with our existing software. The system has several checks and balances and also helps us in tracking the goods from the suppliers point of dispatch till it enters the store. We have been using this system for more than a year and we are very satisfied with the results”.
Mr. S. Ramesh
Managing Director, Pothys
"PKC team foresight and experience helped us sail through our Income Tax search case within a very short period and with minimal damages."
Mr. K Manickam
Managing Director, Chennai Silks & Sree Kumaran Thangamaaligai
"PKC is a management consultant to our company, Otto Clothing. They have brought in robust systems and controls and improved accountability across activities. They have delivered many benefits - production time reduction, fabric cost savings, reduced cash holding, etc. More than 90% of the organization is now systematic. What I appreciated most about PKC is their rigorous implementation of recommendations which have provided real changes and benefits to the company.”
Mr. S. Pothyraja
Director, OTTO Clothing Pvt. Ltd.
"We have been worked with PKC for over 15 years. Whether it is our Income Tax search, surveys, scrutiny, arranging large funding requirements, or internal audits, they have supported our growth from a single hospital to one of the largest hospital chains in Tamil Nadu today. Their knowledge and attention to detail can only be described as excellent."
Dr. Geetha Haripriya
Director, Prashanth Hospitals
Explore How Our Automation Consulting Can Power Your Next Phase of Growth
Why we are the Best Internal Auditors in Bengaluru
Financial Audit is a powerful tool that can reveal both the strengths and weaknesses of any business. Through our AI Powered Audit techniques, we aim to empower your business finance and drive growth.
At PKC, we believe in focusing on analysis and insights rather than spending time on manual data collation. By leveraging automated tools, we can provide you with a comprehensive audit that builds strong hypotheses for the improvement of accounting, compliance, and overall business performance.
What makes us the most trusted, proven and preferred
Internal Auditors in Bengaluru
Financial Audit, now more than ever, has become critically essential in validating the accuracy and integrity of an organisation’s fiscal discipline. A financial audit is a strategic tool that not only emphasises the strengths and weaknesses of any business but also unveils opportunities for better decision-making and enhances stakeholders’ trust
At PKC, we believe in focusing on an in-depth analysis, data-driven insights, andob servations more than spending time on manual data collation. PKC takes pride in our AI-powered audit techniques, which effectively uncover latent discrepancies and identify gaps to ensure regulatory adherence, thereby strengthening your business finance and driving long-term financial growth.
By leveraging automated tools, our team of experts at PKC can create a customised, comprehensive Audit Action Plan that builds a robust hypothesis for strengthening accounting operations, regulatory adherence, and compliance, thereby enabling better financial governance and business performance outcomes.
Internal Audit: How PKC Helps You?
Performance Partners
At PKC, we are not just audit partners for our clients; rather, we act as performance partners by bringing in high-level domain knowledge and recommendations with our expert team.
Audit Automation
PKC Proprietary audit tools automate certain aspects of audits & improve quality. This helps us in spending less time on data extraction, comparison, etc., and allows more time for audit and analysis.
Result oriented recommendations
A structured assessment to measure and ensure that a process, system, or area complies with policies, plans, procedures, applicable laws, regulations, contracts, or other mandates and requirements.
Customized Reporting
Audit reports are customized to meet the requirements of each stakeholder in an organization, helping them to make the right decisions.
Holistic Approach
PKC’s Audit approach is a combination of business, finance, and statutory compliance rather than just finance and numbers.
Industry Knowledge
Our clientele are spread across different industries, including retail, manufacturing, construction, healthcare, renewable energy, e-commerce, IT/ITES, real estate, BFSI, automobile, agriculture, and others.
Partnering with PKC for your Internal Audit, You can expect to gain the following:
By partnering with PKC,
- Compliance with systems & processes
- Arrest potential fraud & pilferage areas
- Identify & improve process inefficiencies
- Accuracy & reliability of financial & operational records
- Analytical & multi-dimensional MIS reporting to management
- Assured statutory and regulatory compliances
- Continuous process improvement
Advantages of Internal Audit
Enhanced Risk Management
Internal Audits such as Risk Management Audit, Internal Controls and Risk Management, time and again, prove to be an enabler of business success as they help identify errors and discrepancies, anticipate fraud beforehand and mitigate risks, preventing financial losses and damage. A well-managed Risk Management and Compliance ensures that financial vulnerabilities are managed effectively and proactively before they become liabilities.
Improved Operational Efficiency
Operational processes remain a key driver in determining the success of an organisation. Internal Audit Services and Internal Control System Audit swiftly spot the bottlenecks and neglected inefficiencies that may be harming the bottom line. Further, it recommends a plan of action to streamline workflows, resulting in cost-cutting and better resource utilisation for enhanced productivity.
Regulatory Compliance & Savings on Penalty
More than being a legal obligation, Financial Governance and Compliance, Business Compliance Audit, Corporate Compliance and Risk Management are symbolic of ethical practices and governance. Regular Governance Risk and Compliance Framework Audits ensure that policies and procedures adhere to laws and industry regulations. An effective Internal audit is able to nail down regulatory non-compliances well in advance and implement corrective measures effectively to stay aligned and comply with dynamic regulatory frameworks. It ensures that no fines, penalties, late fees or interest are paid, and reputational gains are maintained.
Fraud Prevention and Detection
Internal audit acts as a shield and safeguards the organisation’s financial well-being and credibility. An efficient Internal Audit, whether it’s Data Privacy Compliance Audit or Cybersecurity Governance and Risk, through its monitoring mechanism, can detect and prevent fraud by reviewing high-risk financial transactions, records, and internal controls.
Strategic Decision-Making Support
Internal audits, such as GRC Audit and Assessment, Corporate Governance Audit, GRC Strategy and Implementation, essentially act as a catalyst in driving operational efficiency. Through its data driven insights, it activates a loop of review and refinement that facilitates informed decision-making for the leadership, thereby laying a strong foundation for lasting growth.
Internal Audit Services for Various Industries
PKC takes pride in having served a wide array of companies across industries. We are keenly aware that each company has its unique requirements, and our team at PKC is tailored to address these priorities, ensuring stakeholder confidence and satisfaction.
We have supplied Internal Audit Services to the following Industries
Real Estate
Healthcare
Retail
E-commerce
IT & ITES
Professional Services
Real Estate
Healthcare
Retail
E-commerce
IT & ITES
Professional Services
Top cities where we are running our firms at:
Internal Audit Services in Chennai
Internal Audit Services in Bangalore
Internal Audit Services in Delhi
Internal Audit Services in Coimbatore
Internal Audit Services in Surat
Internal Audit Services in Mumbai
