Case Study: Accelerating Financial Due Diligence for Consulting Firms

Client Overview:

We partner with multiple mid-sized and large consulting firms to support them in Financial Due Diligence (FDD) and Quality of Earnings (QoE) analysis. These clients often manage multiple deals simultaneously and require precise, fast, and flexible backend support to meet aggressive timelines.

Challenge:

Our clients needed a reliable offshore partner who could handle the heavy lifting of QoE model updates with complete ownership — from raw accounting data to red-flag identification — and ensure delivery on same day. Time-sensitive deals demanded a high degree of accuracy, consistency, and technical judgment under tight deadlines.

Our Solution:

As one of the best outsourcing accounting companies in India, we provided end-to-end support for QoE model development and updates.

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We took full control of the process, starting with:

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• Raw data extraction from the General Ledger and Trial Balance

• Preparation of accurate and presentation-ready financial statements

• Application of professional judgments on revenue recognition, expense categorization, and accounting anomalies

• In-depth analysis such as:
   

  • Early detection of potential red flags in the target company’s accounting system

  • Percentage of Completion Analysis

  • Fluctuation Analysis

  • Aging and Receivables Analysis

  • Customer and Vendor Concentration

  • Payroll Trend Analysis

  • A thorough Quality Control Check on near-completion projects
     

To increase speed and accuracy, we embedded automation into the client’s QoE models, including dynamic pivot summaries, automated roll-forward schedules, and error checks — significantly reducing turnaround time and manual errors.

Impact Delivered:

• Same-day delivery of QoE model updates, enabling clients to move faster on deals

• Reduction in manual adjustments by over 60% through automation

• Enhanced confidence for consulting partners through detailed and data-driven red-flag insights

• Strengthened client relationships due to consistent quality and rapid turnaround