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Software & Services
With export revenue of USD 69 Billion and direct employment nearly 2.8 million in FY2012, software industry is poised to make India, the world’s largest source of employable talent, as the innovation hub for the world based on its strength of attracting and retaining top quality talent.
Important aspects for Software and services companies are employee management, customer/project gross margin measurement and compliances, be it SEZ, STPI, Service Tax etc. For subsidiary of MNC companies, parent company reporting and adherence to their policies and procedures are taken care of.
The other challenge faced by such companies is almost most of the employees moving around projects need to keep in touch with function for Project costing, reimbursements and claims make it a service oriented function with professionalism.