hws newsshort Today companies that are making it big in the market are those that have outsourced their non core functions to specialized groups and are therefore concentrating only on what they do best. AXIS – “Outsourced Accounting”, a specialized accounting group, has today come of age and is taking off all the accounting /auditing headache from big firms. The biggest challenge to any company is always how to efficiently control accounting books as well as pay all taxes in time without penalties. AXIS has a solution to all this and even much more. hws contents Top on the customer list of AXIS is BIDCO Oil Refineries, the leading manufacturer and marketer of edible oils, fats, margarine, soaps and detergents in East Africa who have outsourced their accounting function to AXIS. The benefits of outsourcing are far and wide: Among the areas AXIS specializes in include but are not limited to;, Banks reconciliation, Supplier reconciliation, Employee reconciliation, Customer reconciliation, Accounts payables i.e. from invoice to preparing payment schedule, Accounts receivables - direct debit functions, posting daily sales records, Other benefits of such outsourced service include; reduced accounting headache, reduced headache to Human Resources Department on hiring qualified accountants. The services are also real time hence the results can be accessed anywhere and anytime online. BIDCO today boasts of International Financial Standards recognition and certification like the International Financial Reporting Standards (IRFS), International Accounting Standards (IAS), and the International Standards of Accounting (ASAC) as well as being 100% statutory and tax compliance. Among the companies currently handled by AXIS include all the BIDCO group of companies in Kenya and Tanzania, Xpressions Flora, Hemby Holdings, Hemby Properties Limited, amongst others. For AXIS, sky is the limit as it stretches its wings and expands to the wider Kenyan and African markets.