No Long-Term Commitment

No Upfront Cost

With MYCPE ONE Offshoring – Large Teams, you won't incur any upfront costs to initiate your offshore operations; however, a deposit may be required to establish the partnership

Minimal Capital Expenditure (CAPEX)

You gain immediate access to our fully functional infrastructure and IT setup across 19 cities in India and the Philippines. This "ready-to-go" infrastructure is designed to support your operations from the start, saving you the costs associated with establishing and maintaining physical office spaces, technology infrastructure, and support systems.

If your infrastructure needs align with our existing setup, there wonʼt be any big capital expenditure (CAPEX) requirement. However, if you have any specific or unique infrastructure needs, we can work with you to design and build a tailored solution to meet those requirements. This flexibility ensures that you get exactly what you need without unnecessary costs, while still having the option to customize as needed.

No Long-Term Commitment

There is no obligation to sign long-term leases or binding contracts. You have the flexibility to scale your operations based on your business needs without being tied to fixed, lengthy commitments.

No Overheads

MYCPE ONE Offshoring – Large Teams provides you with ready access to in-house support services, including recruitment, HR, administration, IT, and other operational support. This means you don't need to build your own infrastructure, hire support staff, or manage overhead costs associated with running a full-fledged operation. You can focus on your core business while we handle the operational aspects efficiently

Quick Scaling

Access to Talent Pool

Leverage our network of over 200,000 professionals. You have the ability to cherry-pick from a pre-vetted pool of candidates from our staffing marketplace, ensuring you find the right talent for your needs.

Ready-To-Go Recruitment Team

Our expert recruitment team specializes in rapid team building, providing you with access to skilled talent quickly and efficiently. We specialize in recruiting talent for US & CA Accounting Industry.

Offices Across 19 Cities

We offer talent access to offices across 19 cities in India and the Philippines, giving you a geographical advantage and access to a diverse talent pool.

Domain Expertise

With over 9 years of experience working closely with accounting firms, we possess deep domain expertise, allowing us to understand and meet your unique business needs effectively.

Rapid Hiring and Onboarding

We have a proven ability to quickly hire and onboard fresh talent. Our robust training programs and structured onboarding allow us to rapidly transform new hires into productive team members, ensuring they are ready to deliver value in the shortest possible time.

Access Instant Playbooks and Tools

Ready-To-Go Infrastructure & IT Setup

Utilize our established network of 40+ offices across 19 cities in India and the Philippines, complete with IT infrastructure, Data Security and operational support.

Ready-To-Go HR Policies and Guidelines

Access comprehensive HR policies and guidelines to effectively manage and operate your team, ensuring consistency and compliance. While we help you customize it as per your need that reflect your firm's culture.

Ready-To-Go SOPs

Leverage our Standard Operating Procedures (SOPs) designed to streamline team management and operational workflows, enhancing productivity and efficiency.

Ready-To-Go HR Tech

Benefit from our HR technology platform to manage your workforce effectively, including streamlined reporting and workforce analytics.

Ready-To-Go Access to Recruitment Experts

Gain immediate access to our team of recruitment experts who specialize in sourcing and onboarding top talent quickly.

Ready-To-Go Access to HR & Administration Experts

Access our team of administrative professionals to support your operational needs, ensuring smooth and efficient back-end processes.

Ready-To-Go Events and Engagement

Participate in events and engagement activities hosted by us, fostering team building and providing opportunities for your staff to connect and enjoy various programs.

100% Firm Control & Customization

DeFacto Employer

For compliance purposes, we will act as the official employer of the offshore staff. However, you retain full control over all key decisions related to teams

  • Appraisals, Promotions, Hiring, Firing, Bonuses and compensation.
  • Even ancillary things like Infrastructure, IT & Data security, Work Flexibility, Time Flexibility, Events & Gifts, etc.

This structure allows you to exercise direct control over your offshore staff operations while we handle the administrative and support aspects

Blend of Firmʼs Culture

You have the opportunity to seamlessly integrate your firm culture with your offshore team, fostering a unified work environment across locations.

Complete Freedom on Policies

While you have complete access to our HR and Operations playbook-developed over the last 9 years through extensive learning and experience a - we provide ongoing guidance and recommendations to support your operations. However, you retain full freedom to draft and implement policies tailored to your firmʼs unique needs.

This flexibility allows your offshore teams to operate seamlessly in line with your business practices and standards. You can have your policies, You can have your policies related to Overtime, Leaves, Bonuses, Hiring, Retention, Overlap, Late working, etc., as long as they are compliant with local laws. We shall help you successfully implement those policies.

Hassle-Free Operations: No Compliance or Legal Issues

Our setup allows us to remain the employer on record, while you maintain control over team management and other related aspects. Since we are the employer on record, we handle all legal responsibilities, including compliance, claims, and litigation.

This arrangement ensures you have zero downside or risk associated with these matters, which is why most firms prefer this approach - it provides both flexibility and peace of mind. The traditional model of setting up and owning your own entity is becoming outdated.

The practical goal now is to have control through agreements while Offshoring – Micro Teams non-core activities, enabling you to focus on scaling, expansion, and doing what you excel at. We've provided a list of the major compliances you'd need to manage if you were to set up your own entity.

List of Major Legal Compliance

Legal Compliance Status

Companies Act 2013 or LLP Act 2008

  • Choice of Entity Selection
  • Incorporating Entity
  • Managing Entity Related Filings and Returns
  • Managing Entity Related Documentation & Minutes

Ongoing

Income Tax Act 1961

  • Tax Audit by CA Firm
  • Tax Deduction at Sources (TDS) - Quarterly Return
  • Salary Structuring & Tax Withholding on Salaries
  • Issuance for Form 16A and 16
  • Transfer Pricing Compliance (Applicable to US and Indian Entities)
  • Service Other Compliance Under Income Tax Act

Ongoing

Goods & Service Tax Act 2017

Ongoing

Professional or Commerical Tax Compliance Statewise

Ongoing

Payment of Gratuity Act 1972

Ongoing

Employee Provident Fund Act 1952

Ongoing

Employee State Insurance Act 1948

Ongoing

Shop and Establishment Act 2019 (Statewise)

Ongoing

Fire Safety Act and Regulations 2005

Ongoing

Workmen Compensation Act 1923

Ongoing

POSH (Prevention of Sexual Harassment) Act 2013

Ongoing

Occupational Safety, Health and Working Conditions Code 2020

Ongoing

Minimum Wages Act 1948

Ongoing

Maternity Benefit Act 1961

Ongoing

Industrial Establishments (National and Festival) Holdings Act, 1974

Ongoing

The Factories Act, 1948

Ongoing

Contract Labour (Regulation and Abolition) Act, 1970

Ongoing

Payment of Wages Act, 1936

Ongoing

Paid Time Off, Public Holidays and Leave Encashment

Ongoing

ISO 27001 Compliance

Ongoing

FCPA Compliance and Disclosure in US

Ongoing

Right of Women to Menstrual Leave and Free Access to Ongoing Menstrual Health Products (Proposed)

Ongoing

RBI & FEMA (Being Subsidiary to a Foreign Company)

  • Submission of US Parent Report
  • Furnishing Yearly AML Compliances

Ongoing

Proven Track Record

Proven Success with Top Firms

We've helped over 40 accounting firms from the Top 200 build their offshore teams effectively.

Specialized in Accounting Firms

Our focus is exclusively on working with accounting firms, enabling us to understand and cater to their unique needs.

Expertise in Talent Management

Our core strength lies in talent acquisition, management, and retention specifically for the accounting industry.

Deep Understanding of CPA Firms' Needs

With extensive experience working alongside CPA firms, we are well-positioned to meet their requirements effectively.

Instant Start

Our ready-to-go model allows you to quickly onboard and begin working with offshore talent.

Effortless Scaling & Hiring

Easily expand your team and scale up operations with our support.

Seamless Replacements

We ensure no dependency on any single individual, providing easy replacements and maintaining continuity in your operations.

No Hidden Costs

Firms Managing Operation on their own often end up spending 25% to 30% more money, time and resources. How ?

Talent Cost

Overpaying is common when there is a lack of local market expertise and awareness of appropriate salary benchmarks.

Operational Cost

Inefficient management of offshore operations and the absence of economies of scale can drive up operational expenses.

Management Cost

Managing offshore operations can demand significant investments of time, resources, and money, especially when not managed efficiently.

Cost of Delay

Partnering with an inexperienced provider or trying to build offshore operations on your own can lead to significant delays, impacting project timelines and profitability.

Cost of Doing Wrong

Making mistakes in critical areas such as legal agreements, talent hiring, policy formulation, or choosing the wrong office location can lead to costly consequences, including lawsuits and operational challenges.

Cost of Distraction

Handling non-core activities can divert attention away from primary business goals, leading to inefficiencies, increased costs, and delays in strategic initiatives.

No Dependency

Many firms that have faced significant operational challenges often struggle due to dependencies on a specific set of individuals or groups. This can result in those individuals either exploiting their position as US leadership has limited control or employees switching jobs and taking crucial talent away.

Additionally, inefficiencies in office management further exacerbate these issues. Considering all these factors, MYCPE ONE makes your offshore operation more resilient as

No Individual Dependency

Our operations are designed to be resilient and not reliant on any single individual or a specific group, ensuring continuity and seamless performance.

No Location Dependency

With access to a vast talent pool across multiple offices in India and the Philippines, you are not tied to any single location, allowing for flexibility and risk mitigation.

No Compliance Dependency

We handle all compliance and legal obligations, so you can focus on your core business without the burden of regulatory requirements.

No Consultant Dependency

There is no reliance on external consultants or advisors; we provide end-to-end support to meet all your operational needs effectively.

You arenʼt entirely dependent on us

if we donʼt meet your expectations, shifting becomes easy. You have the flexibility to retain your offshore employees and take them with you, ensuring a smooth transition without disrupting your operations.

Hiring Across Domains and Roles

Comprehensive Hiring Across All Domains

We help accounting firms hire talent across all domains. While our primary focus is on accounting, advisory, tax, audit, and assurance, we also specialize in secondary areas and go beyond traditional roles. Our expertise extends to helping firms hire for niche and specialized positions, as well as non-technical roles. Many accounting firms are expanding into areas like cybersecurity, technology solutions, and risk advisory, and we have the expertise to help them build teams in these emerging sectors.

Primary Domain

Accounting & Advisory

Tax

Audit & Assurance

Specialized Domain

Business Valuation

M&A Advisory

FP & A

Internal Audit

SEC Compliances

IFRS

SOC Examination

SOX Audit

International Taxes

Transfer Pricing

Sales & Use Tax

Fraud & Forensic

Tax Representation

EBP Audit

Non-Technical Domain

Customer Support

Digital Marketing

Sales & BD

Talent Acquisition

HR

Product & Tech

Cybersecurity

Back Office Support

Hiring Across All Roles

Traditionally, offshoring has been viewed as a solution primarily for building teams of associates and entry-level staff, with the occasional ability to hire competent reviewers. However, we have been helping accounting firms scale beyond the traditional boundaries. Weʼve successfully enabled firms to staff director-level talent, practice leads, and even principal-level positions

These high-level professionals are responsible for

  • In-depth reviews
  • Advisory and Strategy
  • Managing engagements from start to finish
  • Working directly with clients
  • Overseeing a book of business
  • Often reporting directly to partners or senior partners

In many cases, this caliber of talent may possess a U.S. visa, allowing them to travel back and forth as needed. They are also instrumental in training and development, as well as the hiring and onboarding of offshore talent, ensuring seamless integration and operational success. (Click Here More)

Level US Experience Designation

Level 1

-

Associate

Level 2

-

Sr. Associate

Level 3

1-2 Years

Specialist

Level 4

2-3 Years

Sr. Specialist

Level 5

3-5 Years

Senior/Supervisor

Level 6

5-8 Years

Assistant Manager/Manager

Level 7

8-10 Years

Director

Level 8

10+ Years

Principal/Partners/Practice Lead

Global hiring with micro teams

Geographical Diversity and Talent Access

We have offices in Two countries and 19 cities, providing a major advantage over other service providers that are typically concentrated in one or two locations. This geographic spread offers three key benefits:

Access to a Vast Talent Pool

We can tap into talent from multiple regions and cities

Lower Attrition Rates

Hiring from tier-two, tier-three, and smaller towns helps avoid the higher turnover seen in metro areas.

Cost Savings

Talent costs in smaller cities are significantly lower, leading to major cost reductions.

Benefits for Them

  • Lower Cost of Living and Higher Disposable Income

    Benefit from a lower cost of living, means more disposable income & better standard of living.

  • Living Closer to Home

    Proximity to family significantly increases job satisfaction and motivation.

  • Lesser Commute Time

    Smaller cities often have shorter commute times and hence work-life balance.

  • Improved Quality of Life

    The better living conditions in smaller cities result in a happier, more content workforce.

  • Better Work-Life Balance

    Employees enjoy a healthier balance between professional duties and personal life.

Benefits for Firm

  • Bigger Talent Pool

    Tier 2, 3, and 4 cities offer a wealth of skilled professionals, giving firms access to a wider talent pool.

  • Lesser Turnover High Loyalty and Gratefulness

    Employees in smaller cities tend to demonstrate greater loyalty,  hence lower turnover & reduced costs of recruiting and training new staff. 

  • Less Dependency

    Sourcing, availability, or retention, you're no longer reliant on a limited talent pool or single location.

  • Reduced 'Bandwagon Effect'

    Having your entire workforce in one location increases the risk of groupthink, where people adopt the same narratives, leading to biases and perceptions. Geo-diversified teams help mitigate these risks.

  • Long-Term Cost Efficiency

    While initial cost savings are apparent, the long-term benefits of Geo Diversified Hiring include sustained cost efficiencies year over year

Employee Turnover Comparison

Tier 2 And 3 City Metro Or Tier 1

Staff Turnover

12% to 13%

25%-26%

Cost Of Talent Across Tier Ii Or Iii Vs. Metro Tier I

Tax Manager

Exp: 5 to 7 Yrs

Salaries Per Annum (USD)

US

$165,000

Metro or Tier 1 City

$70,000

Tier II or III City

$40,000

Sr. Accountant

Exp: 3 to 5 Yrs

Salaries Per Annum (USD)

US

$115,000

Metro or Tier 1 City

$30,000

Tier II or III City

$30,000

Audit Associate

Exp: 2 to 3 Yrs

Salaries Per Annum (USD)

US

$80,000

Metro or Tier 1 City

$30,000

Tier II or III City

$20,000

KPMG India Talent Feasibility Report 2024 Excerpts

Download

Page 13

"Employees tend to opt for cities having low cost of living as it reduces financial pressure on individuals. Upper management or employees with critical roles are seen to migrate to metro cities. Hence, this re-emphasizes the distribution of growing talent across industries."

Page 15

"Satellite cities have lower attrition as compared to tier 1 cities, which mitigates business continuity risk and minimizes the cost of backfill."

Page 9

"90% of the company's interaction indicated that tapping into the talent pool of satellite cities has been highly beneficial for them as it enables them to widen their talent base and attract high-quality candidates who are seeking opportunities close to their families or support networks."

Page 15

7 of 10 leading participating firms across sectors share that maximum attrition occurs in Tier 1 cities like Mumbai, Delhi, Bangalore, Hyderabad.

Challenges & Solutions

Challenges

The primary challenges of hiring from tier 2, 3, and 4 cities are:

  • Managing multiple locations and ensuring you have the right technology, infrastructure to access accurate, real-time information.
  • Team cohesiveness and Sourcing experienced talent.

How do we address these Challenges?

However, we address all these challenges through our partnership model.

  • First, we have established offices across various cities, so you donʼt need to worry about managing resources or locations. Our HR tech platform, MYCPE Personio, provides a seamless interface with real-time insights into work productivity, invoicing, task reports, and more.
  • We also offer dedicated account management to ensure smooth operations.
  • All the staff of our offices have team members working with multiple accounting firms, giving them a broad, diverse perspective and exposure that goes beyond working with just one firm.
  • Additionally, our team members work from office so benefit from an office ecosystem that fosters both professional and social relationships with colleagues. (They aren't working from home)
  • To strengthen these bonds, we organize retreats based on the firmʼs needs, either quarterly or every six months. These gatherings provide an opportunity for team members to meet in person and build stronger connections.
  • We can host these retreats at our corporate headquarters in Ahmedabad or anywhere. There are also numerous nearby locations perfect for outings and team-building activities.
  • When it comes to sourcing experienced talent, while larger cities do have a greater pool, tier 2 and 3 cities are catching up.
  • We have offices in key cities like Hyderabad, Bangalore, Kolkata, and Ahmedabad, so if highly experienced talent is needed, we can source from these locations as well.
  • Moreover, as you scale with us, we can help you establish one or two cities as your primary hubs for 30-40% of your workforce, while the remaining 50-60% can be geo-diversified across multiple cities.

Ability to hire experienced talent

Experienced talent bases their decision on several factors

Past Track Record & Word of Mouth

They rely on reviews/feedback from colleagues who have worked or has been working with us. Our ability to hire and retain numerous former Big Four and large firm employees has built a strong word-of-mouth reputation, helping us attract fresh and experienced talent.

Brand Visibility & Presence

They consider visibility, historical presence in the market, and its overall reputation and online reviews. (Check Reviews). We have a solid online presence with over 100 reviews and an average rating of 4.8.

Geographical Diversity

This is important as it may provide them flexibility if they wish to relocate in the future. Our geographical diversity across multiple locations enables employees to relocate easily if needed, offering flexibility.

Compensation & Benefits

We ensure that our compensation and benefits are top of the market. While these are key, experienced talent also considers that position aligns with their personal and professional needs.

Job Safety & Security

A stable and secure job is a major priority for experienced professionals. We provide them a sense of safety and security. If an employee were to be let go by one client or firm, they have the opportunity to be reassigned to another, reducing job risk. We have a strong retention record and rarely terminate staff members.

Cost of Distraction

Handling non-core activities can divert attention away from primary business goals, leading to inefficiencies, increased costs, and delays in strategic initiatives.

Proximity to Home

For talent with more than 5+ years of experience, being closer to their home or family is often a top priority. Our presence in 19 cities allows us to attract professionals who prefer to work near their hometown.

In many cases, we can hire this talent at a salary equal to or even lower than their previous company, as the benefit of working close to family is highly valued. Additionally, their disposable income significantly increases as they save on costs like rent, utilities, and school fees.

Tax-Optimized Salary Structure

One of our key advantages is the way we design salary packages. Our tax-optimized salary structure reduces overall talent costs while making our on-hand pay packages more competitive. This approach allows us to attract and retain top talent effectively.

US Travel Possibility

Additionally, experienced employees have opportunities to travel to the U.S.

Other Benefits Includes

  • 18 PTO + 10 public holidays
  • Access to loans, scholarships
  • Medical insurance
  • Maternity Leaves & Paternity Leaves
  • Drop-Off Shuttle Facility
  • 2 Company Preventive Health Checkups
  • Productivity Bonus

As a company with a strong presence over nine years, operating across 19 cities in India and one in the Philippines, we have been successful in attracting high-quality talent. We currently have:

  • Over 600 staff members with experience working in Big Four firms.
  • More than 300 staff members with prior experience in top 10 accounting firms.
  • 1000+ staff members who have worked with Fortune 500 & multinational companies.
  • 600+ staff members have completed more than 3 years with us.

This combination of strong brand visibility, geographical diversity, and a track record of attracting experienced talent has made us a preferred employer for top professionals in the industry.

Ability to hire, train and turn around fresh talent

Rapidly Onboarding & Training Fresh Talent

  • We have partnered with ICAI and over 1,000 CA firms to source candidates who have completed their internships with local CA firms.
  • Our hiring strategy focuses exclusively on talent with prior public accounting experience in India.
  • This approach allows us to secure candidates who already understand accounting practices, which enables a quicker adaptation to US accounting training.
  • Although their experience may not be in US accounting specifically, the similarities between Indian and US accounting work ensure a faster learning curve.
  • We do not typically hire fresh graduates directly out of college, as we believe this approach does not yield the best results.
  • Our job postings on social media and other platforms actively seek CA inters and semi-qualified CAs.
  • A detailed rationale for our preference for hiring semi-qualified CA candidates is shared in our articles. (Read Article, Read Blog).
  • Our ability to onboard and train fresh talent. While these individuals may have some experience with Indian accounting firms, we treat them as new to the US accounting industry.
  • Through our comprehensive internal learning and development programs, along with our intense training ecosystem, we can quickly upskill them and ensure they are ready to contribute effectively.
  • This ability to rapidly prepare talent gives us a distinct advantage over our competitors.
  • Our geographical presence gives us access to wider talent pool.
  • Our In-house Staff Training capabilities make talent ready in 45 to 60 days. Please have a look at some of our staff training content

Rapidly Onboarding & Training Fresh Talent

Training Content LINK

US Accounting - Basic

View

US Accounting - Intermediate

View

US Business Tax - Basic

View

US Business Tax - Intermediate

View

US Individual Tax - Basic

View

US Individual Tax - Intermediate

View

US Financial Audit - Basic

View

US Financial Audit - Intermediate

View

401(K) Audit - Intermediate

View

NPO Audit

View

Ongoing Learning & CPE Ecosystem

Comprehensive Learning Platform and Culture (www.my-cpe.com)

Visit

We own a platform which has

  • 13,000+ Hours of content
  • 700+ Experts & Industry leaders
  • 500+ Subject areas
  • 50+ Advanced certification courses
  • 50+ Practical Staff Training programs
  • Dedicated Mobile App
  • In-house Learning Management System
  • CPE Compliance
  • Allocate, Manage & Track Learning & Development

All our talent has full access to this extensive platform, which includes more than videos. This creates a highly robust learning ecosystem, unparalleled in the market when it comes to ongoing talent development. Beyond just owning a CPE platform, weʼve embedded a strong learning culture into our policies, which is something we continually emphasize and prioritize. View Content Catalogue here

Distributed vs. Concentrated Team Preference

Flexibility in Workforce Location

We strongly advocate for a distributed team strategy, enabled by access to our delivery centres across multiple locations. However, if you prefer to establish a physical presence in a specific location or city, we are more than happy to work with you on the same.

Our preferred approach involves keeping teams dispersed across various locations, which helps reduce attrition rates and provides greater access to top talent from diverse regions. However, we work with top 50 firms, and for some of them, higher talent costs are not a barrier. They prefer to have all staff members working from a single location, even if this increases talent costs by 40-50%. We assist them in building a team based in one location.

Dedicated Suite

For teams with more than ten staff members at the workplace, we will provide a dedicated suite, ensuring that all staff can work together in one space.

Dedicated Office Space

Once your team size exceeds 20-25 members, we can design a dedicated office space for you, complete with access to conference rooms, private chambers, and a cafeteria. This allows all your staff to work together in a single location.

Tax Optimized Compensation Packages

At MYCPE ONE we have core team consists of expert Chartered Accountants, and we've strategically designed their compensation packages to be more tax-efficient and increase take-home salaries. (Impact 10% to 25% depending on pay package) These tax-optimized packages offer significant advantages:

More Take Home for Staff

They not only increase the net take-home pay for these staff member,

Improved Retention

It also contributes to higher retention rates by making the overall compensation package more attractive.

Example

Imagine an employee considering a job switch. Typically, a compensation increases of 20% to 25% is standard when moving to a new employer.

However, in this scenario, due to the tax-optimized structure of their current package, the employee's take-home pay remains effectively the same even with that standard raise that happens after job switch.

To truly see a 10% to 15% increase in take-home pay, the employee would need to negotiate a raise of 40% to 50% with the new employer. This requirement makes switching jobs far less attractive, thus improving retention.

This approach is particularly extremely relevant for senior managerial roles and higher, where tax efficiency can make a substantial difference in overall compensation. For example, by utilizing specific tax exemptions, allowances, and benefits, we can reduce the taxable income of these professionals, allowing them to retain a larger portion of their earnings.

Here's a comparison to 2 Illustration

Difference in net take home salary if gross salary is same
Others (  ₹ INR) MYCPE ONE (  ₹ INR)

Compensation

5,000,000

5,000,000

Tax

1,250,000

1,250,000

Net Take Home Salary

3,750,000

4,750,000

Net Take Home Salary (Extra)

-

1,000,000

Difference in Gross Salary for Equivalent Take home salary
Others (  ₹ INR) MYCPE ONE (  ₹ INR)

Net Take Home Salary

4,750,000

4,750,000

Tax

1,583,333

250,000

Net Take Home Salary

6,333,333

5,000,000

Extra Salary

-

1,333,333

  • You can see in above illustration 1 for same gross salary  of 5 Million INR net take home is more by 1 Million. (20%).
  • You can see in illustration 2 for the same take home salary of 4.75 Million INR gross salary is more 1.33 Million (26.67%)
  • This strategy not only ensures that our senior professionals are better compensated, fosters loyalty and reducing turnover.

MYCPE Personio - Central Hub to Track, Manage & Control Offshore Teams

Here's a comparison to 2 Illustration

Features Category Feature Status

Hosting JD & Posting Various (Integration)

Recruitment

Dec-24

Customized Offer Letter

Recruitment

Live

Customized Employment Agreement

Recruitment

Live

Candidate Shortlisting, Interview & Tracking

Recruitment

Live

Resume Parsing

Recruitment

Dec-24

Available Staff Hub (Staff Market Place)

Recruitment

Live

Interview as Service

Recruitment

Dec-24

Video Based Interview & Assessment (AI Recommended)

Recruitment

Dec-24

Pre-Built Assessment (MCQ & Subjective)

Recruitment

Dec-24

Allocation & Managment of Training

L&D

Nov-24

Access to 13,000 hours of CPE Content

L&D

Live

Access to 50+ Practice Training Courses

L&D

Live

CPE Compliance

L&D

Live

Learning Management System

L&D

Live

Review Notes & Call Notes

HRMS

Live

Feedback Loop

HRMS

Live

Client Escalation/Appreciation

HRMS

Live

Staff Escalation/Appreciation

HRMS

Live

Leave Application, Approval & Reporting

HRMS

Live

Holiday Management

HRMS

Live

Project Tracking & Management

HRMS

Dec-24

Time & Attendance

HRMS

Live

Exit Interview Automation

HRMS

Dec-24

Application & Approval of Loan

HRMS

Live

Application & Approval of Scholarship

HRMS

Live

Goal Setting

HRMS

Dec-24

Appraisals

HRMS

Nov-24

Surveys & Questionnaire

HRMS

Dec-24

Performance Evaluation

HRMS

Dec-24

Monthly Payroll Processing

Payroll

Live

Salary Package Structuring

Payroll

Live

Tax Withholding & Related Compliance

Payroll

Live

Payslip Reporting (Monthly)

Payroll

Live

Issuance of Form 16

Payroll

Live

Timesheet & Productivity Reports

Reporting

Live

Invoicing

Reporting

Live

Review Notes - Feedback/Call Notes/Escalation/Appreciation

Reporting

Live

Customized Reporting

Reporting

Live

Advance Reporting & Analytics

Reporting

Live

Offshoring Resources

Resources

Live

Team Coaching Resources

Resources

Nov-24

Dedicated Help Desk

Support

Live

We plan to build an HR Tech platform within the next 4 to 5 months that will address all aspects of recruitment, HRMS, and comprehensive team management, covering the entire process from onboarding to exit.

Access MYCPE ONE Communities

All our clients' staff members will have access to MYCPE ONE communities, even if they haven't directly signed up for the platform. This access allows them to join various communities and interact with like-minded professionals.

Communities will connect you with like-minded professionals based on your specific interests.

Why Join?

Curated Small Communities

Join a group of 30-40 professionals who share your interests. Each community will be moderated by dedicated community managers.

Exclusive Events

Participate in Zoom events and masterminds every two months, where members share insights and experiences.

Connect with Industry Leaders

Engage in meaningful conversations with thousands of professionals and industry experts.

Solve Complex Problems

Collaborate to tackle the most challenging HR issues with the collective wisdom of the community.

Stay Informed

Be the first to know about the latest trends, changes, and insights in the industry.

Discover Opportunities:

Expand your professional network and uncover new career and growth opportunities.

Full Suite of Services of CPA & Accounting Firms

In the coming 18 to 24 months, we plan to expand our offerings across various divisions while continuing to focus to work with CPA and Accounting firms. Our planned expansions include:

  • U.S.-Based Staffing & Recruitment Services
  • Digital Marketing
  • Website Solutions
  • Cloud & Managed IT Solutions
  • Cybersecurity Solutions
  • AI Consulting & Advisory
  • Public Accounting Insights & Market Research
  • Enhanced Continuing Education Features
    • CPE Compliance
    • Learning Management Systems
    • Outsourced Learning & Development Services
  • Sales Tax Offshoring – Micro Teams Services
  • Mergers & Acquisitions advisory for CPA and Accounting firms (We help to Build, Buy and Sell Accounting Firms)
  • Communities

Better Acquisition, Management, Retention & Replacement

  • We have extensive access to talent across multiple cities in India and the Philippines.
  • We are supported by a recruitment team focused specifically on the U.S. accounting industry.
  • Our pre network consists of over 200,000 professionals.
  • Our pool of pre vetted 1000+ professionals.
  • Our advanced HR technology streamlines shortlisting, interviewing, and selection through an efficient application tracking system.
  • The staffing marketplace we offer allows for talent pre-screening, greatly reducing the time required for interviews and selections.
  • We maintain an 8-10% bench of talent, ensuring quick deployment and readiness to meet your needs.
  • Our capabilities include hiring both experienced talent and fresh talent, training them effectively to suit industry requirements.
  • We provide a wide range of benefits, including flexibility and optimized tax planning to enhance the take-home salaries for our talent, especially experienced hires.
  • Our ability of sourcing talent from tier 2, 3, and 4 cities, we achieve lower attrition rates, greater loyalty, and higher retention
  • Over nine years of experience and learning have allowed us to build a robust system for acquiring, managing, retaining, and replacing talent, making us a top choice for serving our clients effectively.

Watertight & Transparent Employment Contract

New Employment Contract

As we transition to a management fee model or transfer all employees where you become the employer on record, a new Employment contract will be established with clear terms.

Each renewing employee will sign this contract, which will outline the terms and conditions of their employment transparently. We will include all necessary restrictive covenants to protect firm's interests.

Clearance of Past Dues

We shall clear all our past dues, bonuses, Overtime, leave encashment, gratuity, etc.

Comprehensive Protection

In constructing this agreement, we intend to ensure fairness, but we shall make sure to have comprehensive protection for the firm, as the talent landscape in India is very volatile and culture is very different.

Even if we remain the employer on record while, we will include the name of firm in the contract as the primary client to whom the talent is deployed, allowing all necessary restrictive covenants to be applicable.

Our aim is to strike a balance between employer and employee interests. However, considering the unique cultural and legal nuances of the Indian and Philippines markets, having a local partner with on-ground presence and deep connections will be crucial. This partnership will offer you the necessary support, guidance,  navigation and immunity through any such challenges that may arise.

Terms that can be Included in Employment Contract

(We shall be able to customized Employment Agreement)

  • Minimum Employment Period
  • Minimum Notice Period
  • No Notice Waiver
  • Overtime working Flexibility
  • Availability of working Late hours
  • Non-Solicitation of Clients and Employees
  • Non-Compete. (General + Specific with List of firm Names) (Specifically in case of Senior Employees)
  • Confidentiality
  • Next Appraisal Date
  • Proposed Compensation with Break up
  • Joining Bonus (If any)
  • Notice Pay Buy-Out (If any)
  • Retention Bonus (If any)
  • Achievement Bonus (If any)
  • Termination at will
  • Indemnification to US Company: Any claims filed by a third party or employee for any wrongdoing by an officer, director, employee, or other representatives of the Indian company, will have no rights to pursue claims against the U.S. parent company
  • Liability Minimization
  • Arbitration (98% of disputes we settle in Arbitration)
  • Salary or Bonus Claw back (If any)
  • Data Security Compliance – No Mobile Usage etc
  • WFH or WFO or Hybrid with complete details
  • US Visa Sponsorship Eligibility and Restrictions

Scaling Beyond Traditional Offshoring

DIY or with Non-Experience Partners Offshoring

  • Is Limited to one or two departments or
  • Is Primarily hiring associates or, at most, seniors, or
  • Typically, doesnʼt extend to non-core departments like digital marketing, billing, internal finance, talent acquisition, or
  • It doesn't extend to specialized services like business valuation, transaction advisory, etc. However,

However, with us, you can scale far beyond these traditional boundaries. What We Offer is

Extensive Hiring Capabilities

We possess the expertise to hire and deploy experienced talent for all levels and roles, from associates to principals and practice leads. Our deep understanding of the accounting industry allows us to fill specialized roles effectively.

Access to Specialized and Non-Core Talent

Whether you need talent for specialized functions or non-core areas where offshoring has typically not occurred (e.g., digital marketing, billing, internal finance, and accounts), we help you source and integrate these team members seamlessly.

Customized Solutions for Accounting Firms

Our specialization in accounting firms gives us an unparalleled understanding of your needs. We assist in building SOPs, identifying gaps, and strengthening areas like review processes, talent development, workflow management, customized HR & Ops Playbook.

Without us With us

Hiring Associates & Seniors

Expansion to Directors & Practice Lead Roles

Expansion for Specialized Areas

Expansion in Non-Core Areas like marketing, billing, internal finance, or accounts

Visa Sponsorship facilitated by us

Expansion across all domains

Reduced Talent Cost

Inflated Talent Cost by 40% to 50%, Why?

Compensation for offshore staff is frequently approved by onshore partners who lead specific departments. This can lead to misalignments, as these partners..

May not have a thorough understanding of local market rates and conditions in the offshore regions, like India or the Philippines.

On top of that, there might be situations where partners approve higher compensation simply to retain staff for urgent projects or crucial roles.

Also, most of the time, their compensation is not compared with the fair market value in their region. Instead, they are often benchmarked against the cost of hiring a US counterpart.

This misalignment leads to overpaying offshore staff and distorts the compensation structure, affecting both budgeting and overall cost efficiency.

Also, if you have a talent acquisition team, their KPIs often lack standardization. On one hand, they are tasked with hiring new talent, while on the other hand, they are expected to meet certain budget constraints. This creates a contradictory objective, and without proper internal or external benchmarking, there's no clear standard to determine the appropriate cost for individual talent.

Consequently, this misalignment often results in higher talent costs, as the team may overpay to meet hiring goals without a proper framework to ensure fair market value.

We may not be able to provide solutions to every unique problem that our team have or Individual have with company. We try to solve problems many of them but some problem may remain considering the Industry we are working, the client we are serving or may be the company we are etc

Lack of scale means higher operational and office management costs.

Additionally, if your operations are limited to one or two cities, you face a concentration risk, which can lead to 2 scenarios: either higher attrition, resulting in increased turnover costs and productivity challenges, or paying a premium to retain talent.

Talent may sit idle if not effectively utilized, either due to insufficient training turnaround or lack of work integration, leading to wasted resources.

Hiring a wrong person or placing the wrong person in a role, such as a manager or senior manager, not only wastes salary but also leads to additional costs for rehiring, training, onboarding, a suitable replacement-often costing around 3 to 4 times the initial investment.

When positions arenʼt filled on time, it can lead to either hiring onshore at a much higher cost, losing clients, or delaying project timelines, resulting in financial and reputational costs.

Choosing a wrong location for operations can significantly increase the cost of talent. Factors like local talent availability, cost of living, and competition can drive up salaries and overheads.

Decisions made by individuals can be biased and may not reflect the best market practices.

Staff may leverage their indispensability or the urgency of client projects to secure higher pay, raising costs.

Often, there's no proper vetting, budget allocation, or established policies for appraisals, promotions, and bonuses, leading to unchecked compensation costs.

What do we do to help you keep Compensation cost in Check?

We assist you in designing the right compensation structure, which includes base pay, allowances, and both deferred and upfront bonuses like retention bonuses. Although we have a ready to go HR & Operation playbook, but we help you customize and build your own HR and Operation.

We ensure that the compensation and related details are transparent, agreed upon in writing, and free of surprises that may arise from verbal commitments.

We ensure that all policies and guidelines related to appraisals, promotions, and compensation structures are clearly defined and communicated to both current and new employees. These guidelines are designed to make the base salary, bonuses, and growth expectations transparent.

A common oversight by many firms is attempting to replicate their U.S. policies for offshore teams. However, we recognize the need to craft policies that are relevant and beneficial to the local context, which aligns better with the unique requirements of companies outside the U.S.

The talent business fundamentally revolves around operational excellence

  • Having the right people in the right roles
  • Efficiently replacing mismatches
  • Hiring at optimal costs, and fostering growth to retain talent
  • Maintaining balanced productivity, minimizing bench time
  • Implementing relevant policies effectively communicated to the team

Our track record of managing large talent pools is a testament to our operational excellence, helping partners optimize their talent costs and overcome challenges.

By partnering with us, you benefit from our experience in managing these challenges, ensuring your talent costs stay within budget and aligned with your business goals.

Dynamic & Rigorous Process of Vetting & Hiring Talent

When hiring, we prioritize a few key qualities

  • Technical competence
  • Seniority
  • Communication skills
  • Relevant past experience
  • Leadership skills etc

Beyond these, an essential aspect of our process is the culture check, which is particularly important in environments like ours. We are not looking for individuals who have an intense need for self-expression or self-appreciation.

Our business is one that values consistency, skill, and dedication to repetitive and yet value added tasks done well over time. We avoid hiring those who might seek constant recognition or require excessive affirmation. Instead, we value those who are willing to put their head down and focus on their work.

Our company culture emphasizes humility and gratitude for our achievements, both at the individual and organizational levels. Over the past 7-8 years, our talent has seen a compounded annual growth rate in their compensation of 25-30% on our platform, and thatʼs a consistent path we aim to maintain. Rather than a onetime hike and then low.

We also steer clear of hiring individuals who exhibit greed. Weʼre upfront about being the wrong fit for those looking for unusually high returns, and we avoid bringing in talent that doesnʼt align with our steady growth-focused approach.

Please check out our Vetting & Hiring Talent

Vetting Process and Vetting Criteria

Point To be Considered before joining MYCPE ONE

List of points we communicate to staff members before they join MYCPE ONE during recruitment process for transparency and right expectation.

Our Rigorous Vetting Process

For Every 20 people who apply, only 1 person is selected

Step 1

Resume Bank & Categorizing Talent (100%)

Step 2

Profile Review & Shortlisting (63%)

Step 3

Language Proficiency & Communication Skills (25%)

Step 4

Math, DI, LR, Excel, AI, Microsoft Test, General Computer & Software Skills (18%)

Step 5

HR Interview (9%)

Step 6

Technical Assessment & Background Verification (7%)

Step 7

Manager Interview (5%)

Every Professional is Pre-Vetted on the following criteria.

Communication Skills
Time Zone Capabilities
Background Check
Cultural Fit
Technical Skill Set Evaluation
Math, DI, LR, Excel, AI, Microsoft Test, General Computer & Software Skills

Dynamic & Rigorous Process

Points to be Considered Before Joining MYCPE ONE (Transparent Communication)

Any comparison we do with Big 4 would be biased. There is a whole lot of content available online and you can ask Individual about their experience, that would be the best source of learning for you.

Mostly everyone understands that meeting everyone's expectations isn't feasible, nor is it our goal. Instead, we prioritize making the right decisions. This involves thoughtful consideration, debate, persuasion, active listening, and reconsideration before a final decision is made.

We aim to strike a delicate balance that serves the greater interests of the team, clients, and the business. If you disagree, thatʼs fine, but once the decision is made, itʼs time to commit and support it completely.

We may not be able to provide solutions to every unique problem that our team have or Individual have with company. We try to solve problems many of them but some problem may remain considering the Industry we are working, the client we are serving or may be the company we are etc.

If you plan to build career in this Industry dealing with US/CA client, we do believe that it will bring some permanent lifestyle changes, where in you may be required to work later hours. (We may have certain flexibility to allocate client depending upon Individual situation of team members).

With automation likely handling much of the preparatory work and data entry, the future will demand increased client interaction and complex tasks, possibly necessitating more overlap in schedules as our processes evolve.

Given our non-traditional working hours, we think our team members should have good health/dietary practices for their long-term well-being. Failing to adhere to these guidelines could result in negative health consequences. We firmly believe that if one cannot commit to these practices, this industry might not be suitable for them.

We do believe that AI is here to stay and in time to come more and more jobs that we do on prep/data entry/review side would be done by machines. Therefore, we emphasize:

  • Developing Advanced Technical skills.
  • Adding Specialized Technical skills.
  • Acquiring EA and CPA qualifications.
  • Deepening knowledge of Tech Tools.
  • Delivering high-quality work with minimal client review needs.
  • Engaging/Interacting with end clients and reducing that work/task for onshore team.
  • Would continue to help us stay relevant and ahead in the curve.

Even Though you may be working on particular shift timings, occasionally, at the time of client meetings or training, you may be required to work late hours. And in fact, sometimes we have to call staff to work on weekends as well. We work with Accounting firms in the US. These firms mostly experience seasonality in their workflow & hence, a lot of team members would be required to work overtime up to 55-60 hours/week during seasonal time as per client needs.

We are bunch of small team functioning together to make difference to the life of our customer.

Formal Dressing, Punch In and Out, Being respectful to others, putting your time right in timesheet, no mobile phone in work areas etc. Letʼs respect the rules of the games and ground we are playing. You may disagree with some of those, However, we respectfully agree to disagree and expect you to commit.

Our HR and Administration system is still evolving and you may face some challenges with the same from time to time. We are open to hear, resolve, improve.

Despite extensive client interactions, WFH/Hybrid working options remain generally challenging for many clients, limiting their feasibility, from a data confidentiality perspective and other reasons. However, in exceptional cases such as medical or other compelling situations, we may seek client approval and, if feasible, accommodate the request.

In general, WFH/Hybrid arrangements are not the norm, but if you were hired with a prior agreement for WFH/Hybrid that will be honored (same shall be documented in your offer letter/agreement). We'll provide updates periodically regarding any changes in this policy.

If youʼre talking about something new or novel, youʼll have to repeat yourself before youʼre heard. It will take some time before being heard.

Nothing happens in our company overnight. It take probably more time.

We are trying to implement data first approach in every decision we make to avoid interpersonal biases, favoritism, misinformation, miscommunication etc. We are getting there.

We have lot of people who work here from the same family or extended families or have got in relationship after joining MYCPE One. We try to avoid any conflict of interest in making professional decision making, objective and free from biases.

Staff who wants to work 8 hours can work 8 hours. Staff ready to work 10 to 12 hours, seasonally or otherwise we do offer them to work extra if they would like to work more and earn extra.

The tech industry is especially good at losing money. Growth is electric, but profits are elusive. We take an old school, economics 101 approach: Make more than you spend. Thatʼs why weʼve been profitable every year weʼve been in business. Itʼs the responsible way to be reliable and take care of employees and customers over long haul.

The world is obsessed with Startups. We prefer to become champion Stay Ups - companies whoʼve proven their worth, figured out their businesses, and strive to stick around for the long term. Companies that endure inspire confidence. Longevity isnʼt a fluke. Along those lines, weʼre proud that 2024 is our 8th year in business.

Embrace the Joy of Missing Out. Life is enriched when you skip things that don't truly matter. Steer clear of gossip, and if unavoidable, we won't be held responsible for providing clarifications.

We've reconsidered the idea of setting targets and realized the focus should be on direction, short-term plans, and subjective long-term goals rather than rigid benchmarks. Our past practice of setting targets felt like guesswork. Instead, we aim to emphasize the direction we're moving in, short-term plans, and subjective long-term goals with flexible timelines. Long-term plans have often been based on guesswork and the farther out they go, the less accurate they become. Therefore, we're shifting our approach to shorter-term planning: turning a 3-year plan into a 3-week plan and a 10-year plan into a 10-week plan. By planning more frequently, we anticipate more accuracy. It's crucial to acknowledge that businesses and their models continuously evolve over time.

We value the hard work, ideas, and efforts you put in, and itʼs our responsibility to value and recognize them. Decision-making cannot be just emotional or based on interpersonal relationships, and we would like to keep it objective, considering all its dimensions. However, interpersonal friendship, respect, camaraderie, and helping each other personally and professionally are part of any relationship and are important for a healthy work environment.

On rare occasions, due to discipline issues, persistent performance issues, violation and misconduct or otherwise, we may need to part ways with some of team members, but we need to do so with empathy, transparency, and a grace, to help them through the transition. Our objective here is, you should get a better career path from here.

Having technical skills is imperative, but advanced English communication is equally essential. If you can't effectively showcase your expertise to the paying customer, your potential for growth will be curtailed.

We donʼt think we need to explain this any further.

We do pretty boring work day in and day out. But it definitely provides for a lot of families' livelihood and economic progress and, at the least, pays the bill. (So we respect it and try to have great ethics in doing it)

If you seek rapid career advancement, we may not be the ideal choice. Our emphasis lies on consistent, sustainable, and long-term growth, which we have achieved and delivered in over a period of time.

Our HR/Admin and Marketing team would be putting together a lot of events/activities, those are important. But donʼt join us just because you find great online/social media portrayal of the same.

If you seek rapid career advancement, we may not be the ideal choice. Our emphasis lies on consistent, sustainable, and long-term growth, which we have achieved and delivered in over a period of time.

Our HR/Admin and Marketing team would be putting together a lot of events/activities, those are important. But donʼt join us just because you find great online/social media portrayal of the same.

Our Floors are phone free zones. Itʼs a simple commitment made to client for data security. If your phone is like your shadow, brace yourself; we're a bit old school here.

Here at MYCE ONE, ‘exclusive commitmentʼ isnʼt just a fancy term; it's our love language. We're all about undivided attention - no freelancing flings or gig moonlighting. If youʼre a jack-of-all-trades and master of side gigs, we might not be your perfect match. Weʼre looking for full-time, all-in kind of people.

No Matter how competent or intelligent a person is, if you donʼt treat others with respect or have a negative influence or have no respect for the rules of game, then they do not have a place at MYCPE ONE.

Our approach entails collaborating with multiple clients, providing you with the opportunity to work alongside various CPA firms and clients for an extended period. This offers a unique chance to diversify your experience, which may differ from being narrowly focused within a single department in a larger firm. Embracing this approach is beneficial for those with a long-term mindset, seeking to gain diverse experiences and expertise over time.

Productivity in our work is crucial. In the past, there was a belief of working seasonally and then enjoying leisure time for the rest of the year especially in tax, not anymore. However, our approach has evolved, and our primary focus is now on maximizing productivity. We aim for individuals to deliver over 1800 productive hours. If someone isn't able to achieve this with one client, they might need to work with additional clients to meet our productivity targets. For Seniors/Reviewers number may be less but Productivity is Important. While productivity is key, quality in doing working is equally important.

Empowering employees by trusting them to make decisions. Instead of layers of approvals, which can slow down processes and stifle innovation, employees are trusted to take actions that they believe are in the best interest of the company. In a "less approval but review" culture, decisions are made swiftly without being bogged down by bureaucracy. Instead of seeking permission for every little thing, teams move forward confidently, knowing they have the trust of the organization.

However, this is counterbalanced by regular reviews to ensure that the decisions being made align with company values and objectives. Itʼs not about eliminating checks and balances but rather about trusting employees while also learning from their actions. So if you come from a culture where you usually want to save your skin we may not be the best fit.

Offshore Staffing Solution for Accounting Firms | Entigrity