Indivirtus Solutions Pvt Ltd.

Diwali, the Festival of Lights, is a time for celebration, love and sharing joyful moments with those who mean the most. The festival, celebrated with colorful decorations, gleaming diyas, and grand feasts, symbolizes the triumph of light over darkness and good over evil. A heartfelt Diwali message is a beautiful way to spread happiness and a thoughtful greeting can touch the hearts of friends and family, making them feel cherished and connected. May this Diwali bring joy, peace, and laughter to your home. Wishing everyone a Diwali filled with peace, joy, and all things bright!

When black cats prowl and pumpkins shine, when shivery shivers run down your spine, when ghosts and goblins ring the chime, beware and be scared – it’s Halloween time! Wishing you all an eerie, spooky, hair-raising, spell-binding Halloween! 👻 Happy Halloween! 💀 #halloween #indivirtussolutions #insurance #bookkeeping #property #casulaty

Bookkeeping is the practice of organizing, classifying and maintaining a business's financial records. It involves tasks such as recording transactions and storing financial documentation to manage the financial affairs of a business. Here are the top qualities of professional bookkeeper:- 1. Attention to Detail: Professional bookkeepers must be meticulous and able to accurately record financial transactions. 2. Trustworthiness: As bookkeepers handle sensitive financial information, it is crucial for them to be trustworthy and maintain confidentiality. 3. Industry Experience: Having knowledge and experience specific to the industry can help a bookkeeper understand industry-specific accounting practices and regulations. 4. Effective Communication: Clear communication with clients, colleagues, and other financial professionals is essential for a bookkeeper to ensure accurate financial records. 5. Tech Savvy: Proficiency with accounting software like QuickBooks, NetSuite or Xero and other financial tools is essential for modern bookkeepers to streamline processes and improve efficiency. 6. Continuous Learning: Staying up-to-date with changes in accounting regulations, trends in the industry, and advancements in technology is important for professional growth. 7. Adaptability: The ability to adapt to changes in the industry, new software, or client needs is crucial for a bookkeeper to be successful in their role. 8. Time Management: With multiple tasks to juggle, good time management skills are essential for a bookkeeper to meet deadlines and prioritize tasks effectively. 9. Analytical Skills: Being able to analyze financial data and identify trends or discrepancies is essential for a bookkeeper to provide valuable insights to clients. 10. Client-Centric Approach: Understanding the unique needs and goals of clients and providing tailored financial solutions is important for building long-term relationships and client satisfaction. #accounting #bookkeeping #outsourcing #offshoring #indivirtussolutions

Janmashtami, also known as Krishna Janmashtami or Gokulashtami, is one of the most revered festivals amongst Hindus. The day marks the birth of Lord Krishna, the eighth incarnation of Lord Vishnu and is celebrated with great fervour and zeal amongst different parts of India. Lord Krishna took birth in a cellular jail in Dwapar Yug biologically to Vasudeva and Devaki. But Vasudeva had to cross the Yamuna River in a stormy night to pass on his child to a friend so save the child from the evil hands of Kansa. So, technically, Maiya Yashodha and Nanda of Gokul region of Mathura were the foster parents of Lord Krishna. Lord Krishna stated that whenever there will be prominence of evil deeds in this universe, he will reincarnate in various looks and attire to show the path of right and peace to people. The sole reason of celebrating this festival is bringing people together so that principles of unity strengthens. Dahi Handi is another important aspect of this festival that is observed in the second day of Janmashtami. An earthen pot or handi is filled with butter, clarified butter or ghee, dry fruits and milk is suspended at a considerable height with help of ropes. All the local young guys gather to make a human pyramid and climb on each other to reach the handi and break it. This is an activity that teaches the team work principles. Devotees observe a strict fast on Janmashtami, abstaining from grains and certain foods. The fast is broken only after midnight, following the ritual of worshipping the baby Krishna, who is cradled in a beautifully decorated swing. Devotees sing bhajans (devotional songs), recite slokas and perform aarti to celebrate the birth of Lord Krishna. May the flute of Lord Krishna fill your heart with the music of happiness. Happy Janmashtami 😊

Raksha Bandhan is a Hindu festival that honors the relationship that exists between brothers and sisters. The term "Raksha Bandhan" means "bond of protection." The celebration celebrates not just blood siblings, but also cousins, friends, and those who share a brotherly or sisterly tie. It's a celebration of sibling relationships and the love and devotion they have for one another. The Rakhi thread traditionally represents the sister's prayers for her brother's well-being, as well as the brother's commitment to protect her in times of need. Rituals, sweets, and a sense of connection among family members characterize the celebration. Happy Raksha Bandhan 😊

Independence Day is not just a celebration of our past achievements but also a reminder of the responsibilities we have as citizens of this great nation. As we unfurl the Tricolor Flag today, let us remember that the true essence of freedom lies in upholding the values of equality, justice, and brotherhood. Wishing you a bright and proud Independence Day as our nation continues to shine with unity. Happy Independence Day!

Why ODCs? An Offshore Development Center (ODC) is a dedicated facility or team located in a country different from the client's home country, which provides offshore back-support services. It typically operates as an extension of the client's own development team, working on operations task projects remotely. ODCs are established to take advantage of the cost savings and access to a larger talent pool that can be found in offshore locations. They offer a wide range of services such as back-support of Insurance, Accounting, Data management, software development etc. The ODC model allows clients to have direct control and management of the operation process, while leveraging the expertise and resources of the offshore team. Communication and collaboration between the client and the ODC are crucial, usually supported by strong project management and modern collaboration tools. Benefits of establishing an ODC include reduced costs, access to skilled resources, increased efficiency, scalability and flexibility. #insurance #accounting #datamanagement #indivirtussolutions #commercialinsurance #personalinsurance

10 Factors to consider when choosing the Right Back Office Partner: *Minimal Supervision: The extent to which a back office partner can operate efficiently with minimal supervision, which can reduce the amount of oversight required and free up internal resources. *Trustworthiness: The extent to which the back office partner can be relied upon to meet deadlines, maintain quality standards, and protect sensitive information. *Attrition Rate: The rate at which employees leave a company or project, which can impact the consistency and quality of work. *Service Level Agreement (SLA): An agreement between the back office partner and the contracting company that outlines the level of service to be provided, including performance standards and expected response times. *Time Zones: The difference in time between the back office partner's location and the contracting company's location, which can impact communication and coordination. *Management Team: The experience and effectiveness of the back office partner's management team in delegating tasks, setting clear expectations and fostering a culture of self-motivation and accountability. *Government Mandates and Legalities: The specific regulations and legal requirements imposed by the government or relevant authorities on the back office partner, which may impact the contracting company's operations. *Access to Talent: The back office partner's ability to attract and retain skilled and competent employees, which can impact the quality and efficiency of work. *Tech and Infrastructure: The quality and reliability of the back office partner's technological tools and infrastructure, which can impact the smooth operations of the contract. *Language and Communication: The back office partner's ability to communicate effectively in the contracting company's preferred languages, including written and spoken communication, which can impact the efficiency of operations and prevent misunderstandings. #indivirtussolutions #insurance #dataentry #bookeeping #accounting #personalinsurance #commercialinsurance #outsourcing #offshoring

Outsourcing opens up a world of possibilities when it comes to talent acquisition. Here are some ways you can benefit: *Expertise and Specialization:- Outsourcing firms often have specialized skills and expertise that you may not have in-house. For example, if you need a high level of expertise in digital marketing, you can hire an external firm that specializes in this area. This ensures that you get top-notch services without having to invest in extensive training for your staff. *24/7 Operations:- By outsourcing to firms in different time zones, you can ensure that your business operates around the clock. This is particularly beneficial for customer service and tech support roles, where timely responses are crucial. A global team allows you to provide continuous support without overburdening your in-house staff. *Flexibility and Scalability:- Business needs can fluctuate and outsourcing offers the flexibility to scale services up or down as required. This is particularly useful for seasonal businesses or companies experiencing rapid growth. You can easily adjust the level of service without the hassle of hiring or laying off employees. #outsourcing #offshoring #indivirtussolutions #insurance #personalinsurance #commercialinsurance

Policy Management Services help insurance companies keep track of policy-related information and ensure policies are accurate, up-to-date and adequately protect the insured. These services include: * Policy Issuance:- Generating and delivering an insurance policy to the policyholder after it has been underwritten and approved. * Policy Binding:- Policy binding occurs when the insurance coverage becomes effective. It is the step that formalizes the insurance contract, usually once the initial premium has been paid. * New Business:- Process of acquiring new policyholders. It involves all the activities necessary to assess the risk, underwrite the policy, issue the policy, and bind the coverage for new customers. * Endorsements:- Endorsements are changes made to an existing insurance policy after it has been issued. They can include modifications, additions or deletions to the policy terms, conditions or coverage. * Cancellation & Reinstatement:- Cancellation refers to the termination of an insurance policy before its expiration date. Reinstatement refers to the process of restoring a canceled policy to its effective state. * Renewals:- Policy renewals occur when an existing insurance policy is extended for another term. The renewal process involves evaluating the policy and adjusting the terms and premium if necessary. * Policy Check & Review:- This involves assessing an existing policy to ensure that it is still adequate and meets the policyholder's needs. It may include reviewing coverage limits, deductibles and any changes in circumstances that could affect the policy. * Quote Creation:- Quote creation is the process of providing prospective policyholders with an estimate of the cost and coverage details for an insurance policy. It involves evaluating risk factors, determining premium rates and presenting the quote to the customer. #outsourcing #indivirtussolutions #personalinsurance #commercialinsurance