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Setting up a Global Capability Centre (GCC) for finance & accounting centralises your operations, allowing your business to expand while maintaining control.
Our GCC setup services guide you throughout the process so that you can focus on growing your business without any bottlenecks. From incorporation to hiring, we guide you through it all so that you can scale faster.
Our expertise in finance & accounting GCCs enables businesses to optimise workflows, enhance accuracy and maintain regulatory compliance while reducing operational costs.
GCCs in India have become essential for competitive advantage. India has become a global hub of GCCs for Fortune 500 companies and unicorns. It hosts over 1950 GCCs, employing ~2 million professionals.
Direct access to India’s vast and skilled talent pool. India produces millions of graduates annually, with deep expertise in engineering, IT, finance, and analytics. This enables faster adoption of technology and innovation and reduces dependency on external vendors.
GCCs in India offer substantial cost savings compared to operating in developing markets such as US, Europe or other APAC locations. While cost savings remain a significant factor, India now offers cost-effective excellence, not just cheap labour.
The Indian government has liberalised FDI norms and digitised key processes, making it easier for foreign companies to establish operations.
The maturity of India’s infrastructure and business ecosystem offers scalability and flexibility. This is crucial in today’s fast-paced business environment. Rapid urban development, SEZs, and Tier-2 city capabilities have also improved ease of business setup and scalability.
India’s time zone complements global workflows as it provides an operational bridge between APAC, EMEA, and North America, enabling round-the-clock workflows and seamless cross-continent collaboration.
Stratrich provides tailored support to ensure your GCC setup in Finance & Accounting is efficient, compliant, and cost-effective.
Stratrich offers holistic support to ensure a smooth and compliant GCC setup. We follow a structured and strategic approach to ensure seamless operations while maximising efficiency and compliance.
We develop a blueprint and a business strategy that includes the following:
Once your GCC is operational, we provide continuous support, including:
A Global Capability Centre (GCC) is an offshore unit or subsidiary established by a multinational corporation to perform one or more strategic functions.
GCCs in India offer a wide range of services, including finance & accounting, IT, research and development, human resources, customer support, etc.
There are some challenges in setting up a GCC in India, such as cultural and communication barriers, talent retention due to high demand of skilled employees and infrastructure setup.
Setting up a GCC varies depending on the scale and complexity of operations, but generally follows this trend:
Yes.
Data security and intellectual property protection in a GCC are addressed through robust security measures, compliance with data protection laws, implementation of secure IT systems, confidentiality agreements, and access controls.
Best practices include establishing clear communication channels, fostering collaboration between local and global teams, leveraging technology for remote work, continuously evaluating and optimising processes, and adapting to changing market dynamics.
Take the first step towards success by partnering with experts who understand your business needs. Let us guide you through customised solutions to overcome challenges, capture growth opportunities, and achieve sustainable growth.