Information Technology & Software Services

Strengthening financial, tax, and compliance frameworks for agile, high-growth tech companies

The Information Technology (IT) and Software Services sector stands as a backbone of digital transformation across industries. From SaaS platforms and enterprise software developers to managed service providers and offshore development centers, tech companies are constantly innovating while operating in a fast-paced, compliance-driven environment.

However, as these companies scale across geographies, adopt subscription-based revenue models, and expand into global markets, their financial, tax, and regulatory obligations become increasingly complex. Whether it’s managing multi-currency billing, dealing with GST on software exports, structuring ESOPs, or maintaining proper revenue recognition under Ind AS or IFRS compliance and financial clarity become key to survival and growth.

We provide a tailored suite of services for IT and software companies, combining tax expertise, accounting automation, and strategic finance support. We understand the nuances of product vs service classification, the challenges of employee stock option valuation, and the scrutiny that comes with venture funding or foreign investment.

From helping startups register under DPIIT and claim 80-IAC benefits, to assisting mid-size firms with due diligence, R&D tax claims, and SLA contract audits, our support covers the entire lifecycle from bootstrap to IPO. We also implement cloud accounting systems, advise on cash flow planning, and support MIS reporting that enables founders and CFOs to make informed decisions.

Our team works as a trusted financial partner to ensure that your growth is supported by robust internal controls, accurate financial data, investor-ready compliance, and scalable back-end systems.

SaaS & Subscription Revenue Advisory

Recognition of revenue under Ind AS/IFRS for subscription-based models, AMC contracts, and deferred billing.

Transfer Pricing & Cross-Border Taxation

Planning and documentation for intercompany software services, license fees, and offshore development charges.

ESOP Valuation & Cap Table Advisory

Valuation of ESOPs, sweat equity, and assistance in managing investor cap tables and employee share plans.

Fundraising & Due Diligence Support

Assistance in financial modeling, investor decks, IM preparation, and pre-funding audits.

Accounting System Automation

Cloud-based bookkeeping tools, payment gateway reconciliation, and multi-currency accounting setup.

R&D Deductions & Start-up Tax Benefits

Identification of eligible R&D spend, application for Section 80-IAC recognition, and DPIIT compliance.

Frequently Asked Questions

How do you help SaaS companies handle recurring revenue recognition?

We assist in aligning revenue with performance obligations, handling deferred income, and complying with Ind AS 115 or IFRS 15 standards. We help create clear SOPs for monthly recognition and audit-readiness of SaaS models.

Can you manage taxation for foreign clients and export invoices?

Yes. We handle export of service documentation, LUT filing, foreign currency reconciliation, and GST compliance. We also advise on whether your offshore billing qualifies as zero-rated supply and assist with FIRC/BRC tracking.

How do you assist with investor due diligence and audits?

We prepare data rooms, align accounting systems, reconcile books, and help answer investor questions related to revenue models, expense breakdown, ESOPs, and compliance. Our team can conduct a mock due diligence as well.

What services do you offer for startup ESOP structuring?

We support you in ESOP policy drafting, share valuation, board resolutions, and regulatory filings. We also help with accounting treatment and cap table updates post-grant or vesting events.

Is GST applicable on software development and cloud-based services?

Yes. GST applies, but the treatment depends on whether the software is delivered as goods (license) or services (custom development, SaaS). We classify your offerings, help with registration, and ensure proper invoicing.