Accounting and Finance Global Services

What Accounting and Finance Global Services does

Accounting and Finance Global Services (AFGS) is an Australian-owned outsourcing firm that delivers accounting, finance, payroll, and administrative services to small and mid-sized Australian professional services businesses — principally accounting firms, financial advisers, mortgage brokers, and insurance brokers. Founded in 2021 and headquartered in Surry Hills, NSW, the company sells a defined portfolio of back-office service lines including SMSF preparation, financial preparation, bookkeeping and data entry, payroll processing, accounts payable and receivable, financial paraplanning, broker administration and loan processing, and general admin services. Pricing is fixed-fee or block-of-hours with monthly billing, and the company markets 50–70% cost savings relative to in-house Australian staffing.

The operating model is offshore-led: delivery is executed by staff based in operation centres in Ahmedabad and Bangalore, India, and the Philippines, supervised by Australian-based Director Rajiv Ghelani and Head of Operations Biren Shah in Melbourne. There is no proprietary technology platform; service delivery relies on staff proficiency across mainstream accounting (Xero, MYOB, QuickBooks, Sage, Reckon, Class, Microsoft Dynamics, Cashflow), financial planning (Strata), and mortgage broking (Infynity, Mercury, Podium, Sales Trekkker, Flex) software. AFGS operates within an ISO 27001-certified information security framework and holds no external funding, parent company, or disclosed institutional investors. The go-to-market is consultative direct B2B sales with relationship-led channels, supported by a content-marketing website and client referrals.

Name

Accounting and Finance Global Services

Legal name

Accounting & Finance Global Services Pty Ltd

Website

https://afgs.com.au

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

51–100 employees

Short description

AFGS is an Australian-owned outsourcing firm that delivers offshore accounting, bookkeeping, payroll, paraplanning, and loan processing services to Australian accountants, financial advisers, mortgage brokers, and insurance brokers via fixed-fee and block-of-hours engagements.

Ownership category

akta.pro rank

Product category

Accounting and Finance Outsourcing Services

NAICS

Activities Related to Credit Intermediation (5223)

SIC

Finance Services (6199)

akta.pro primary industry

Financial Reporting & Technical Accounting Advisory (GAAP/IFRS) (BPAHABAF)

Keywords

• Outsourced accounting services
• Financial paraplanning services
• Mortgage loan processing
• Bookkeeping outsourcing
• SMSF preparation services

Headquarters

HQ city

Surry Hills

HQ country

Australia

HQ region

Oceania

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Outsourced Professional Services: AFGS generates revenue by providing offshore professional accounting, finance, and administrative services to Australian businesses on a fixed-fee or block-of-hours engagement model. Services include SMSF preparation, bookkeeping, payroll processing, loan processing, paraplanning, and accounts payable/receivable. Revenue is derived from professional services fees based on agreed engagement terms.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Accounting and Finance Global Services is an Australian-owned outsourcing company that provides offshore-delivered back-office accounting and finance services to Australian professional services firms. Its core offerings include SMSF preparation, financial preparation and taxation, bookkeeping and data entry, payroll processing, accounts payable and receivable, administration, financial paraplanning, and mortgage broker administration/loan processing, delivered by qualified staff in India and the Philippines.

Product overview

AFGS provides a comprehensive suite of outsourcing services for the accounting and finance industry, structured around core service modules that work together as an integrated back-office solution. The portfolio includes SMSF Preparation for self-managed super fund compliance, Financial Preparation Service covering full accounting and taxation, Bookkeeping and Data Entry, Payroll Processing, Accounts Payable/Receivable management, Admin Services, and Financial Paraplanning for financial advisers. Additional offerings include Broker Administration and Loan Processing for mortgage brokers, and Full Time Employee arrangements for dedicated resource access. The services are delivered by offshore teams in India and the Philippines, with Australian-based relationship management, leveraging expertise in major accounting software platforms (MYOB, Xero, QuickBooks, Sage, Reckon) and mortgage/financial planning tools to provide cost-effective back-office support across the financial services sector.

Differentiator

Problem solved

Functional benefit

Products and services

• SMSF Preparation Self Managed Superannuation Fund accounting and admin services including accounting and tax, audit and compliance, daily reconciliation, back-office support, deed setups, and ASIC registered agent services, delivered to Australian financial planning and accounting firms as an outsource partner for SMSF compliance.
• Financial Preparation Service Full range of accounting and taxation services including preparation of annual accounts, periodic management accounts, financial statements for various entity types, BAS/IAS/GST/PAYG data entry, activity statements, and general purpose financial statements, targeted at Australian businesses and accountants needing outsourced financial preparation.
• Bookkeeping and Data Entry Bookkeeping services including bank reconciliation, payroll processing, BAS preparation, TPAR preparation, monthly management reports, financial record checking, purchase/sales processing, and accounts payable/receivable management, delivered by fully qualified financial experts and accountants to maintain up-to-date records of company expenditure.
• Payroll Processing Payroll processing services including employee work hours validation, wage calculation, time and attendance verification, payroll query handling, discrepancy resolution, and policy compliance maintenance, performed by payroll specialists trained to local and international standards.
• Accounts Payable Accounts payable outsourcing including invoice accuracy checking, coding, purchase order matching, payment processing, approval process management, payment scheduling, creditor enquiries, expense claims processing, reconciliations, and monthly reporting, delivered as an outsourced accounts payable function.
• Accounts Receivable Accounts receivable outsourcing including customer account reconciliation, general ledger and bank statement reconciliation, commission calculations, month-end/year-end processes, financial reporting, journal entries, billing system maintenance, invoice generation, and irregularity investigation, performed offshore.
• Full Time Employee Block of hours engagement model providing dedicated accounting experts for specified weekly or monthly hours, offering services including payroll, financial preparation, SMSF, and comprehensive accounting work. Junior staff handle bookkeeping, BAS, payroll, and data entry; senior staff handle ITR, financial data entry, bookkeeping, SMSF data entry, and BAS data entry.
• Admin Service Administration services including document gathering, file format conversion, data analysis for decision-making, and general administrative support to manage time-consuming tasks, provided as back-office support to Australian businesses.
• Broker Administration and Loan Processing Service Mortgage broker support including loan packaging and processing (application setup, document collection, serviceability calculators, valuations, compliance documents, lodgement, settlement tracking), post-settlement activities (maintenance, database management, customer care, client retention), and general administration, covering the full loan lifecycle from packaging to post-settlement.
• Financial Paraplanning Comprehensive paraplanning services including pre-SOA/administrative tasks, SOA/ROA preparation, implementation processes, product cost comparisons, research, fact finding, insurance advice, superannuation strategies, wealth creation, retirement planning, aged care, Centrelink strategies, SMSF/Family Trust establishment, and audit/vetting services for Australian financial advisers, offering 50-70% cost savings with 2-3 business day turnaround for simple/moderate SOAs and 3-5 days for complex SOAs.

Quantifiable outcome

• 50-70% cost savings on paraplanning and financial services
• +2 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration15 records

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Topsource Global Solutions: UK-headquartered global BPO providing finance, accounting, and payroll outsourcing. Comparable to AFGS in offering outsourced back-office finance services to professional services firms across multiple geographies.
• Genpact: Global professional services firm with a large finance and accounting (F&A) BPO practice serving enterprises. Comparable to AFGS in delivering outsourced accounting and finance services, but at much greater scale and with a broader enterprise focus.
• WNS Holdings: Global BPO with finance and accounting, research, and analytics services. Comparable to AFGS in providing offshore finance back-office services, though operating across many verticals and at significantly larger scale.
• SunTec Web Services: India-based IT and BPO firm offering outsourced bookkeeping, accounting, and tax services to US, UK, and Australian clients. Comparable to AFGS as an offshore accounting services provider with multi-country delivery.

Direct peers

• Cogneesol: India-based BPO offering accounting, bookkeeping, tax preparation, and finance outsourcing to clients in the US, UK, and Australia. Closely comparable to AFGS as an offshore accounting BPO targeting English-speaking professional services markets.
• Pilot.com: US-based bookkeeping, accounting, and CFO services outsourcing firm for SMBs and startups. Directly comparable to AFGS in providing offshore/back-office accounting services via a fixed-fee model with technology-augmented delivery.
• Bench.co: North American bookkeeping outsourcing firm pairing dedicated human bookkeepers with proprietary software. Comparable to AFGS as a tech-enabled outsourced bookkeeping and accounting services provider targeting SMBs and professional services firms.
• Bookkeeper360: US-based accounting and bookkeeping outsourcing firm offering full-service bookkeeping, tax, and CFO support. Directly comparable to AFGS in delivering outsourced finance back-office services to small businesses and accounting firms.

Emerging players

• Botkeeper: AI-augmented bookkeeping service combining machine learning with human accountants. Competes with AFGS on bookkeeping, AP/AR, and monthly close for SMBs, with a more technology-led service model.

Regional players

• Acclime: Asia-Pacific professional services firm offering outsourced accounting, payroll, tax, and corporate secretarial services. Comparable to AFGS in delivering outsourced finance back-office services, though focused on the broader APAC region rather than exclusively Australia.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/accounting-and-finance-global-services-pty-ltd

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Accounting and Finance Global Services