Nair & Co. Announces 40% Growth in 2011

(Sunnyvale, CA) – Nair & Co., the leader in international business expansion services, announced a record 40% growth in 2011 resulting from substantially greater demand for its outsourced accounting, payroll, compliance, legal and other consulting services.

“2011 has been a high growth year for us, with many of our clients significantly expanding their international operations. Allied to this, we have seen a significant spurt in new client acquisition coupled with excellent client retention. We have also made good progress in realizing efficiencies and cost savings gained from our investment in new technology deployed from Shared Service Centers strategically based in low cost locations,” said Dr. Shan Nair, Co-Founder of Nair & Co.

Manoj George, chief executive, said, “The prospects for 2012 are excellent. We intend to relentlessly focus on maintaining and improving our service quality through continuously seeking client feedback even as we grow. We will also continue to invest heavily in our business operations with the aim of providing clients with a better quality and spread of services at a lower cost.”

In 2011 Nair & Co. gained an additional 100 clients from its 4 person US/UK business development operation and increased its global workforce by more than one hundred and fifty hires. The company also more than doubled its team of client service directors to better service its clients, many of whom operate in five or more countries at a time.

As part of its efforts to maintain the highest international standards in financial reporting, Nair & Co. has initiated transition to SSAE 16 - the new attestation standard, which replaces SAS70, the previous leading standard for guidance on assurance reports for service organizations.

About Nair & Co.
Nair & Co. provides you with your one touch outsourced finance, internal audit compliance, HR and legal department for your international operations. If you are expanding abroad for the first time, our turnkey solution will help you do so with minimal risk, stress and cost. We currently support more than 1000+ client operations in over 50 countries and have core offices in U.K., India, China, U.S., Japan and Singapore. Nair & Co. was named among the top 100 outsourcing services providers in the world by the International Association of Outsourcing Professionals (IAOP). Learn more at www.nair-co.com

Disclaimer:

Published: January 12, 2012. The information provided on this page is intended merely to highlight issues for general information purposes only. It is not comprehensive nor does it provide legal advice. Any information is subject to change without notice. No liability whatsoever is accepted by Nair & Co.