Offshore Accounting & Taxation Services

What Offshore Accounting & Taxation Services does

Offshore Accounting & Taxation Services Pvt. Ltd. (OATS) is a Pune, India-based B2B professional services firm founded around 2010 that delivers finance and accounting (F&A) outsourcing to a global client base. The company's core offering, Finance & Accounting Outsourcing, encompasses accounts payable, accounts receivable, financial reporting and MIS, tax compliance (income tax, TDS, GST), payroll processing with an employee self-service portal, virtual CFO advisory, EOR services, new company incorporation, and finance staffing. Services are delivered remotely by a team the company describes as 185+ domain experts, including Chartered Accountants, Cost Accountants, Company Secretaries, and Corporate Lawyers, working across multiple accounting platforms — SAP, NetSuite, QuickBooks, Tally, Zoho Books, and MS Dynamics NAV.

OATS operates a direct, sales-led go-to-market targeting technology and SaaS companies, mid-to-large enterprises, new business setups in India, and manufacturing firms. Customer acquisition runs through the company website, content marketing (blog posts and case studies targeting CFOs and tech founders), and Calendly-enabled consultation booking, with services priced on a quote basis tailored to engagement scope. The firm reports 150+ satisfied clients across 10+ industries, with case-study references to a $4B US scientific R&D firm setting up in India, a $1B German consumer durables distributor, an Indian listed software company with a US subsidiary, and a mid-sized Pune auto-components manufacturer. OATS operates from offices in Akurdi (Pune), Kothrud (Pune), and Navi Mumbai under founder and co-founder/director Anant Govande, with no disclosed external funding, M&A activity, or institutional investors.

The underlying delivery model relies on operational quality controls — virtual machine-based data access management, maker-checker methodology, and an in-house internal audit team headed by a CA — combined with labor arbitrage that delivers 30-50% cost savings versus in-house finance teams and reduces AP processing cost from $12-30 per invoice to $2-5 per invoice. OATS positions itself as a process-outsourcing extension of client finance functions rather than a software product company, with no proprietary platform, API, or AI/ML capabilities disclosed in the source data. The firm leverages indirect exposure to Big-4 audit firms whose clients use OATS for F&A work, providing process discipline and quality assurance by association.

Name

Offshore Accounting & Taxation Services

Legal name

Offshore Accounting & Taxation Services Pvt. Ltd.

Website

https://oats.co.in

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

51–100 employees

Short description

Offshore Accounting & Taxation Services (OATS) is a Pune-based B2B finance and accounting outsourcing firm serving technology, manufacturing, and mid-to-large enterprises globally with AP/AR, payroll, tax compliance, virtual CFO, and EOR services delivered by 185+ domain experts.

Ownership category

akta.pro rank

Product category

Finance and Accounting Outsourcing

NAICS

Accounting, Tax Preparation, Bookkeeping, and Payroll Services (5412), Payroll Services (541214), Other Accounting Services (541219), Professional Employer Organizations (561330)

SIC

Finance Services (6199)

akta.pro primary industry

Accounts Receivable (Invoicing, Cash Application, Deductions) (BPAAAGAB)

akta.pro secondary industries

Payroll Tax Filing, Compliance & Remittance (BPACAIAC), Employer of Record (EOR) & Global Payroll (FSAMAKAB), Tax Services (Withholding, Reclaims, FATCA/CRS) (FSAAAOAM)

Keywords

• Finance and accounting outsourcing
• Bookkeeping services
• Tax compliance services
• Payroll outsourcing
• Virtual CFO services

Headquarters

HQ city

Pune

HQ country

India

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Finance & Accounting Outsourcing: Comprehensive finance and accounting outsourcing services including accounts payable, accounts receivable, financial reporting, and MIS. Provided as ongoing professional services.
2. Payroll Processing Services: End-to-end payroll processing with employee self-service portal, tax compliance, and statutory filings.
3. Tax Compliance Services: Income tax, TDS, GST compliance, and payroll tax processing services.
4. Virtual CFO Services: Financial decision-making enhancement, financial controls strengthening, and business scaling support.
5. EOR Services: Employer of Record services assuming employer role for client employees.
6. New Company Incorporation: Company and LLP incorporation services and necessary registrations in India.
7. Staffing Services: Staffing solutions for workforce management.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Offshore Accounting & Taxation Services (OATS) provides outsourced finance and accounting services to businesses, covering accounts payable and receivable processing, payroll administration with an employee self-service portal, tax compliance (income tax, TDS, GST), financial reporting and MIS, virtual CFO advisory, Employer of Record (EOR) services, new company incorporation in India, and accounting staffing. The firm acts as an extension of the client's finance function, delivering work remotely from its India offices using virtual machine infrastructure, maker-checker quality controls, and an internal audit team.

Product overview

Offshore Accounting & Taxation Services (OATS) is a finance and accounting outsourcing services company—not a software product company. The company operates as a unified service offering organized around core finance and accounting functions. The primary service is Finance & Accounts Outsourcing, which encompasses multiple specialized sub-services including Accounts Payable Outsourcing, Accounts Receivable Outsourcing, Tax Compliance Services, Financial Reporting and MIS Services, Payroll Outsourcing Services, New Company Incorporation Services, Virtual CFO Services, EOR Services, and Staffing Services. These services work together as an integrated outsourcing solution where the company acts as an extension of the client's finance function, handling everything from routine transaction processing to strategic financial advisory.

Differentiator

Problem solved

Functional benefit

Products and services

• Finance & Accounting Outsourcing Comprehensive outsourced finance and accounting function covering bookkeeping, financial reporting, and operational accounting support to help businesses enhance efficiency and reduce costs.
• Accounts Payable Outsourcing Outsourced invoice processing, vendor management, and related GST and TDS compliance providing complete visibility into payable workflows.
• Accounts Receivable Outsourcing Outsourced invoicing, collections, aging report generation, and receivables management to ensure timely receipt of revenue.
• Payroll Outsourcing End-to-end payroll processing including salary accounting, payroll tax payments, statutory filings, and an automated employee self-service (ESS) portal.
• Tax Compliance Services Timely compliance with Indian income tax, TDS, payroll taxes, and Goods and Services Tax (GST) regulations.
• Financial Reporting and MIS Financial statement preparation, management information system reports, budget analysis, and variance reporting to evaluate company performance.
• Virtual CFO Services Financial decision-making support, strengthening of financial controls, and business scaling assistance delivered by experienced finance professionals.
• New Company Incorporation Services Business setup assistance in India including incorporation of a company or LLP and obtaining necessary registrations.
• EOR Services Employer of Record services that streamline workforce management by assuming the employer role for client employees.
• Staffing Services Qualified accounting and finance staff augmentation to support client operational needs.

Quantifiable outcome

• Process cycle time reduced from 5-7 working days to few hours for accounts payable processing
• +3 more outcomes

Named customers4 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

Integration13 records

Feature5 records

Partnerships

One partnership is on record.

• Big-4 Audit Firms (Unspecified)minorOthersMany OATS customers' financials are audited by Big-4 audit firms. OATS staff have opportunity to interact with Big-4 auditors and learn from their processes and methods. This provides exposure and quality assurance for the work delivered.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Emerging players

• Botkeeper: AI-driven bookkeeping platform offering automated accounting for SMBs and accounting firms. Represents the technology-driven disruption to traditional manual F&A outsourcing that OATS' core AP/AR work is exposed to.
• Pilot.com: US-based bookkeeping and CFO services firm focused on startups and SMBs, blending technology with offshore-style delivery. Competes for the same SaaS/startup accounting segment OATS targets, but with a stronger tech brand.

Direct peers

• IQ BackOffice: US-headquartered F&A outsourcing firm with India delivery centers providing AP, AR, payroll, and financial reporting services. Direct mid-market competitor for OATS' enterprise and SaaS client base.
• Genpact: Large India-headquartered BPO with F&A as a flagship service line, serving enterprise clients globally. Closest scale-comparable peer offering AP/AR, record-to-report, and tax compliance outsourcing from India.
• EXL Service: US-listed BPO with strong India delivery and a Finance & Accounting services practice covering AP, AR, payroll, and reporting. Comparable mid-to-large tier F&A outsourcing specialist.
• Vee Technologies: India-based F&A and healthcare BPO with comparable size and a similar mix of accounting outsourcing, payroll, and tax compliance services. Closest size-and-model analog to OATS.
• WNS Holdings: India-based business process management company with a dedicated Finance & Accounting outsourcing practice serving US and European clients. Operates the same offshore delivery model and competes directly for mid-market F&A engagements.
• Outbooks: India-based accounting outsourcing firm serving US, UK, and Australian accounting firms with bookkeeping, AP/AR, and tax services. Operates a similar offshore-to-Western-clients model at a comparable scale.

Broad incumbents

• Accenture Operations: Global consulting giant with a large Operations/BPO practice that includes finance and accounting services. Competes for the same enterprise outsourcing RFPs but as part of a much broader transformation portfolio.
• Infosys BPM: BPM arm of Infosys offering F&A outsourcing as part of a much broader IT services and BPO portfolio. Overlaps with OATS on AP/AR and finance transformation work but at significantly larger scale and brand.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/offshoreaccounting

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Offshore Accounting & Taxation Services