Over the last several years, the stage has been set by the Big Four accounting firms and several Fortune 100 companies who have established captive Business Process Outsourcing units (BPO) in India. These are referred to as Affiliated Offshore Entities (AOEs). In the case of the Big Four, they utilize offshore professionals at lower rates to supplement their audit (financial and technology audits), research & development and tax staffing needs in the U.S. This allows them to leverage a strong labor and talent arbitrage when competing in the U.S. and global market place. Their mantra is: “any audit step that can be conducted in an off-site environment should be delivered in an offshore environment.”
Hanagrove provides the same opportunity to other accounting and professional services firms in the U.S. To these firms we provide “just in time staffing” (JIT) in the U.S. In addition, our clients benefit from our ability to execute certain audit tasks in an offshore environment.. Our service offering is to jointly deliver audits and consulting projects with you as your “Extended Enterprise” by providing you professional staff at a minimum of 30%+ cost savings to your own fully loaded payroll costs.
We do not offer external audit services. We are not an attest firm. Our model is based on being the “service provider to the service provider”.
To know more about how Hanagrove can help you win, please contact us on winning@hanagrove.com
