UCO aims to provide improvised business solutions enabling the clients to overcome their problems and realize the maximum potential for growth. UCO helps organizations flourish, by addressing the day to day challenges that a business faces. At the same time, it ensures that the business is protected by bringing in innovative ideas to the table and introducing new technology that can have a positive impact on the organizational activities. It provides practical solutions that help organizations in achieving their strategic and operational objectives.
UCO has a team of highly proficient individuals who are led by the experienced and highly qualified leaders, capable of delivering result-oriented services. With over 120 qualified associates, each having diverse industry expertise, UCO has built up a strong knowledge base which gives it an edge in providing satisfactory services to clients.
Non-Financial Advisory Services for SME’s
According to the State Bank of Pakistan’s (SBP) policy for promotion of Small and Medium Sized Enterprises (SME’s) finance (Dec 2017), Banks and Development Finance institutions (DFIs) are advised to provide non-financial advisory services to existing and potential customer on business related matters. This will promote financial viability and growth in SME’s.
UCO has established its own model of non-financial advisory services (NFAS) for SME’s. It acts as a mediator between both stakeholders to ensure that the business objectives of both organizations are effectively and efficiently achieved. It interacts with the Banks and DFI’s to obtain the SME’s data and conduct an in depth analysis of the financial position of the Company. It holds meeting with the client management to discuss its strengths, weaknesses and future plans for growth. Recommendations are provided to enable companies to meet their targets by working out on their strengths and eliminating weaknesses.
UCO has vast experience of dealing with clients in various industries to provide an unbiased opinion on the financial position of Company and recommendations on further improving it. Also, engaging the firm to provide non-financial assistance to companies enables the banking companies and DFIs to focus on their core function without having to worry about compliance with the directives of SBP.
Corporate Advisory Services
UCO provides corporate services to assists it clients in fulfilling the strategic as well as regulatory requirement of their respective organizations. UCO’s main areas of focus are:
- Transactions advisory services
- Risk advisory services
- Regulatory compliance services
UCO’S Transaction advisory services assist organizations in varied ways throughout the processes of acquisitions and mergers. By evaluating, analyzing, and understanding an organization’s strategic requirements, UCO ensures that assistance is tailored to the specific needs of stakeholders. It makes use of modern techniques and through extensive knowledge base works out the optimum solutions for its clients. Provision of valuation facilities to enhance the expected outcome by providing timely insight into each arrangement is an additional feature of these services.
UCO’s risk advisory supports organizations in better understanding of risk governance and management. It provides dedicated consultation on the matters pertaining to the overall safeguard of organizational assets and minimization of risks involved in respective businesses. It helps in the process of risk assessments, evaluations and designing mitigation strategies for improved risk management and better decision making. UCO also assists clients in risk rating reviews, formulation of risk related policies and advice on measures to be taken for smooth implementation.
Through its regulatory compliance services UCO serves clients by providing advisory on mandatory corporate compliances and appropriate legal structure in line with their future strategic goals in businesses. For listed clients UCO provides thorough evaluation of organizational compliance to the Code of Corporate Governance along with the evaluation of the Board of Governors as per the Code of Corporate Governance.
UCO’s has acquired a great deal of experience in managing the formation of various corporate and legal structures. This experience along with the knowledge of current developments in law and regulations benefits UCO in guiding and overseeing the secretarial and compliance requirements of its clients.
CFO Advisory Services
In order to provide the confidence clients need to run their businesses without being occupied with the management and control of the entire accounting function, UCO offers the specialized service of active financial management of the organization. This greatly benefits SMEs who cannot afford a full time CFO.
UCO provides specialized assistance in designing financial strategies, planning and decision making and review of accounting systems to ensure placement of adequate internal controls. For effective financial management, UCO assists clients in compilation, summarization and timely reporting of the financial matters to the management. With this service the clients benefit from the expertise of its experienced staff and the extensive knowledge base.
Offshore Advisory Services
UCO provides offshore accounting and advisory services to organizations looking for cost effective professional services. The retainer ship based services include but are not limited to bookkeeping, general accounting services, reporting, financial and tax record maintenance and direct/indirect tax compliance according to the applicable laws and regulations. UCO’s digital presence at various local and international locations make it even more convenient for the firm and the client to connect and take advantage of its expertise.
Business Process Outsourcing
The Business Process Outsourcing services facilitate clients in streamlining their accounting function through UCO’s experts on standard software applications. Our professionals develop appropriate systems and designs keeping strict controls at each level of operational and financial transactions for efficient recording and reporting. We review the existing operational systems, develop appropriate system designs and align them with appropriate recording in the books of accounts. Assets safeguard is another aspect, carefully considered for adopting internal controls. Each accounting transaction is recorded from original records and data, such as invoices, bills, checkbook counterfoils, deposit slips, bank statements for accurate accounting records. Our qualified professionals monitor the entire process with simultaneous training to clients’ resources, if required.