Everything in writing. Nothing hidden.
The parts of this that usually go wrong are not technical. They are about who knew what, and when.
The price does not change midway
The written scope and fee are fixed. If extra work comes up we tell you the cost first and wait for you to agree.
Your records stay private
An NDA is signed before we see anything. Only the named people on your account get access.
One person you can call
No call centre and no ticket queue. One named person knows your business and answers.
Month to month, no long-term contract
The engagement runs month to month; you stay because it works, not because a contract holds you. When it ends, your accounts, documents and software access come back to you in usable form.
How we compare with your other options.
Every alternative can enter transactions. The real choice is about what happens after the entries: who closes the month, who checks the work, and who reads the result before you act on it.
Every one of these is a real option and some of them are the right one. Here is where each stops working.
Hiring one accountant
One accountant has nobody checking the work, no cover when they are ill, and takes everything they learned with them when they resign. What you are buying here is what one hire cannot be: a month closed on a date, a second person checking the work, and someone reading the numbers for what comes next.
A local bookkeeper
Lower cost, often good, and structurally the same problem: one person, working alone, unchecked. Ask who reviews the month before it reaches you. If the answer is nobody, you are paying for hands and getting no layer: entries happen, but nothing gets closed, checked or read.
A chartered accountancy firm
They can sign your audit and we cannot; use them for that. But the sign-off is an annual event and your accounts are a monthly problem. The monthly layer is our whole product, and the audit firm gets something they can sign without a three-week reconstruction.
A large outsourcing firm
They staff a function: a lead, analysts, compliance specialists, an account manager. If you are big enough to need those layers, that is the right answer and we will say so. If you are not, they are overhead, and you end up talking to someone who has never opened your ledger. Here you deal with the person who runs your close.
On price
No meeting is needed here to hear a number. The estimator gives you a range before you call, and the engagement letter fixes the price in writing before any work starts.
Sometimes the right answer is a hire.
Both of these lists are true, and we will tell you on the first call which one you are on.
When hiring is the better answer
- You need someone at the office every day.
- The role mixes accounts with admin, HR, banking or physical paperwork.
- Most of the work is entering today's transactions, not reading the month.
- The budget carries one generalist, not a review layer on top of them.
And if you make that hire, we can still check their work and prepare the reports. How that works ›
When this engagement earns its fee
- You want the whole monthly cycle run remotely, from entries to the report.
- You have an accountant and need review, reporting and decision support above them.
- A parent company, investor, lender or board expects reports they can rely on.
- The finance function has to survive a resignation, not live in one head.
How the work starts.
You can stop after any step.
A first conversation
Thirty minutes. What you do, where the accounts stand, what is actually hurting. We say honestly whether we can help.
A look at your accounts
No charge. We tell you what we find, including the parts you will not enjoy hearing.
A written price
Scope and fee in writing before any work starts. You can stop here.
The monthly routine
Entries, reconciliation, close, and the pack on a fixed date. Reviewed together as often as you want it.
Work done in Dhaka, to the standard set in the USA practice.
The claim that a firm beats a single hire only means something if you can see the shape of it.
Founder, in the United States
Nineteen years in finance and operations, and more than a hundred engagements, before any of this came to Dhaka. Sets the standard the work is done to, and sits on the monthly call for CFO clients. The practice was built serving American businesses; the process came with it.
Accounting manager, in Dhaka
Runs the close and reviews the work before it reaches you. This is the person who decides the month is finished, and the one who answers when you ask why a number moved.
Operations, in Dhaka
The recurring work: entries, reconciliation, the documents and the chasing. Done here rather than by you, and checked before it counts.
Nothing reaches you unchecked
Whoever prepares the month is not the person who signs it off. That is the ordinary arrangement inside a finance team and the thing a single hire structurally cannot give you, however good they are. It is also why a resignation here does not stop your accounts.
Who handles what.
The split is the same on every engagement, and it goes into the engagement letter in writing.
Finsightic handles
- Bookkeeping and reconciliations
- Monthly close and management reports
- Forecasting, budgets and cash planning
- Finance systems, controls and SOPs
- Schedules and records prepared for your auditor and tax adviser
Your licensed firm handles
- Statutory audit and assurance
- Tax and VAT filing, signature and representation
- RJSC and regulatory filings
- Legal opinions and licensed certifications
We refer this work out, and hand over accounts that are ready for it.
Before you call.
Who will we actually deal with?
One named person who knows your business and answers. The work is done in Dhaka. The process and the review standard come from the USA practice.
Who checks the work?
Whoever prepares your month is not the person who signs it off. A second person reviews before anything reaches you. That is ordinary inside a finance team, and it is the thing one hire structurally cannot give you however good they are.
What is in the engagement letter?
The scope, the price, the dates you will receive things, and what is not included. All of it before work starts. Nothing about the fee is left to be settled later.
What happens if we leave?
The engagement is month to month, so it ends at the end of a month. Your accounts, your documents and your software access come back to you in usable form. Being difficult to leave is not a retention strategy we are interested in.
Do you do audits, tax filing or legal work?
Finsightic is not a chartered accountancy firm. Statutory audit and assurance are ICAB licensed work and we do not do them. We do not file your VAT or income tax returns with the NBR, we do not make your RJSC filings, and we do not give legal opinions. What we do is keep the records all of that is built from: a VAT return that is a filing job rather than a reconstruction, TDS deducted and scheduled month by month, provident fund and gratuity accounted for rather than guessed at, and a ledger your auditor can work from without a three week scramble. We refer the licensed work to ICAB registered firms and hand over accounts that are ready for it.
More general questions are answered on the contact page.
Get a free review of your accounts.
Thirty minutes, no charge. We say honestly whether we can help, and what it would cost.