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Finance & Accounting

Expert Business Process Outsourcing (BPO) services for financial clarity and process efficiency.

67-69%
Average cost savings using Newage BPO vs. hiring in-house.
>$35-45k USD
Estimated yearly cost savings per full-time employee using Newage BPO vs. hiring in-house.
20+ years
Experience serving global supply chains.

BPO Services

Whether sales support, EXIM documentation, accounting, operations, or account
management, our BPO services allow forwarders to outsource tasks to a team of
experts, utilizing their existing tech stack or NewageNXT.

Specialized Freight Knowledge
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Our BPO services are performed by a team of professionals experienced in complex freight forwarding processes.

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Scalability and Flexibility
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Scale up or down depending on your operational needs, without worrying about hiring, training, or retaining employees.

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Adaptable to Any System
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Our BPO teams act as an extension of your own team, whether you use NewageNXT, another platform, or a homegrown system.

Cost-Effective Operations
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Leveraging BPO has helped freight forwarders reduce overhead while maintaining high operational standards.

Let Us Handle Your Finance & Accounting Needs

Ensure clarity, maintain accuracy, and keep control over your financial processes with our team providing scalable support.

Improve Financial ClarityOur BPO services provide accurate billing, reconciliation, and reporting to give you a clear financial snapshot at any time, from any angle.
Support Compliance and AuditsWith our support for year-end closures, monthly reports, and audits, you can easily meet regulatory requirements with confidence.
Enhance Cash Flow ManagementOur team ensures efficient handling of aging analysis and dispute resolution, helping to improve collections and cash flow.

What Newage Can Do For You

Accounting
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  • Verify billing provisions
  • Online & check payments
  • Pass receipts & payments based on bank statement
  • Exchange rate updates
  • Set off confirmed reconciliations with receipts or payments
  • Job audit and analysis for profitability
Accounts Receivable
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  • Target-driven follow-up process with customers
  • Collection & accounting of online, cash, and check payments
  • Dispute coordination and resolution
  • Ageing analysis & action plans
  • Customer reconciliation
Accounts Payable
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  • Overseas agents, airline, and liner payments
  • Booking of cost & reconciliations
  • Dispute resolution with customer service
  • Agent/vendor payments
  • Vendor reconciliation
Reporting & Audit Support
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  • Monthly P&L reporting
  • MIS Reporting
  • Year-end closure process
  • Audit support
  • Returns/filing support
  • Statutory support
Save Time and
Money
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with your team of freight forwarding experts.