Financial Accounts Restructuring & Compliance Outsourcing

How Wisecor improved transparency, accuracy, and regulatory compliance through a 1-year financial restructuring engagement.

A fast-growing company undergoing internal restructuring required expert support to recast its financial accounts, strengthen compliance, and enhance operational efficiency. With complex financial data, evolving regulatory requirements, and the need for dependable on-site support, the client partnered with Wisecor for a complete accounts and compliance transformation.

Customized restructuring framework

In-depth account analysis and variance identification

Streamlined financial workflows

Client

A company in the midst of restructuring, seeking to recast its financial accounts for improved transparency, efficiency, and compliance. Engagement Duration: 1 Year Deployment Team: 1 Finance Controller 1 Junior Chartered Accountant 5 Senior Executives Project Location: At Client Premises

Scope of work

Wisecor’s engagement included end-to-end financial restructuring and compliance management: Comprehensive assessment of financial accounts Restructuring and recasting of accounts Compliance review & regulatory alignment Tailored process improvement recommendations Ongoing accounts & compliance outsourcing On-ground team deployment for continuous support

Geography Serviced

India-wide service delivery. On-site deployment at the client’s premises. Hands-on support for seamless financial operations.

Industry Serviced

Finance, Accounts & Compliance Services. Focused on corporate financial management and regulatory compliance. Supporting businesses with structured financial consulting solutions.

Client Challenges

The client faced multiple difficulties during restructuring, including:

  • Complexities in restructuring and recasting financial accounts

  • Ensuring compliance with evolving regulatory requirements

  • Lack of internal expertise for financial restructuring

  • Need for transparent, accurate, and consistent financial reporting

  • Risk of non-compliance and operational inefficiencies

Wisecor's Solution

Wisecor deployed an experienced financial team to collaborate closely with the client. Our approach included:

  • A comprehensive financial account assessment

  • Identification of gaps, inaccuracies, and restructuring areas

  • Development of a custom recasting plan

  • Streamlining processes aligned with regulatory requirements

  • Ensuring compliance through periodic checks and documentation

  • Ongoing support for accounts and compliance outsourcing

This structured, hands-on solution ensured the client could navigate restructuring with confidence and accuracy.

Impact Generated

Wisecor’s involvement created measurable business value:

  • Higher accuracy in financial reporting

  • Better visibility into account-level details

  • Faster processes through refined workflows

  • Improved compliance with regulatory standards

  • Reduced financial risk & errors

  • Sustained support for long-term stability

Outcome Delivered

After 1 year of engagement, the client achieved:

  • Improved financial transparency

  • Accurate and recast financial accounts

  • Enhanced efficiency in financial operations

  • Strengthened compliance management

  • Reduced risks related to regulatory non-compliance

  • Smooth business continuity during restructuring

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