TenFold Ledger runs bookkeeping, month-end close, tax and payroll for businesses in the US and the Gulf. We automate every process we take over, and from month seven your fee steps down as those automations go live.
Led by two chartered accountants and a cost accountant with over 45 years between them in US accounting, audit and offshore delivery.
| Month | Particulars | Transactions | Automated | Fee, US$ | Checked |
|---|---|---|---|---|---|
| 1 | Onboard, map processes | 1,180 | 10% | 3,600 | |
| 4 | First automations live | 1,320 | 35% | 3,600 | |
| 7 | Glide path begins | 1,510 | 55% | 3,312 | |
| 10 | Reconciliations automated | 1,690 | 64% | 3,060 | |
| 13 | Reporting automated | 1,880 | 70% | 2,844 | |
| 16 | Fee at agreed floor | 2,050 | 74% | 2,700 | |
| Change over 16 months | +74% | (25%) | |||
Offshore teams usually bill by the hour or by the head. More transactions mean more hours, so the bill climbs with your revenue, and the vendor has little reason to automate anything. We priced our work the other way round.
Priced per accountant or per hour worked.
A fixed monthly fee for an agreed scope and volume band.
More transactions mean more hours, so the bill rises with your revenue.
Automation absorbs your growth, so the fee steps down instead.
The vendor earns more while the work stays manual.
We earn by removing manual work, and pass the saving to you on a set schedule.
Process knowledge walks out when the vendor does.
Every bot, rule and dashboard is documented and stays with you.
Every proposal includes a written fee schedule. The fee is fixed for six months while we learn your books, then steps down each quarter as automations go live, until it reaches a floor we agree up front.
Weeks 1 to 2
We review your books and systems, list every recurring task, and send a proposal with a fixed fee and your glide path.
Fee: none until you sign
Months 1 to 3
Our team takes over the work, by hand where it has to be, and documents and times every step as it goes.
Fee: fixed
Months 4 to 6
We build bots, rules and integrations inside your stack, test them against live months, then switch them on.
Fee: fixed
Month 7 onward
Each quarter you get a report of what now runs automatically, and the fee steps down until it reaches the agreed floor.
Fee: steps down each quarter
| 24 months billed by the hour | $0 |
|---|---|
| 24 months on the glide path | $0 |
| You keep | $0 |
How this is worked out: hourly billing is assumed to rise in step with your transaction volume. Our fee is fixed for months 1 to 6, then steps to 92%, 85%, 79% and a floor of 75% of the starting fee at months 7, 10, 13 and 16, as long as volume stays inside the band agreed in your proposal. These figures are an illustration; your proposal sets the real ones.
| Month | Billed by the hour | Glide path |
|---|
Take one service or all of them. Each comes with a plan for what we automate first, so you can see where the glide path comes from.
| Service | What we take off your plate | What we automate first |
|---|---|---|
| Bookkeeping | Daily coding of bank and card transactions, bills, invoices and receipts. Vendor and customer records, payables and receivables follow-up. | Bank rules and vendor matching, invoice and receipt capture, checks for duplicates and miscoded entries. |
| Month-end close | Reconciliations for every bank, card and balance-sheet account. Accruals, prepaids, fixed assets and revenue recognition under ASC 606 or IFRS 15. | Reconciliation matching, recurring journals, and a close checklist that flags exceptions instead of waiting for someone to spot them. |
| Reporting and forecasting | Monthly financial packs, management and board reports, budgets, cash-flow forecasts, and results by location, project or client. | Dashboards that refresh daily from your ledger, first-draft variance commentary, report packs assembled without copy and paste. |
| Tax and compliance | US: 1099s, sales tax, Delaware franchise tax, and workpapers for federal and state returns. UAE and Oman: VAT returns and corporate tax computations. | A filing calendar with reminders, 1099 vendor tracking straight from the ledger, and tax workpapers pulled from the books. |
| Payroll and HR operations | Payroll runs and reconciliations, reimbursements, contractor payments, payroll journals and benefits reconciliations. | Timesheet-to-payroll imports, expense approvals, and payroll journals that post themselves. |
| Controllership and advice | Internal controls, audit readiness, system migrations and clean-ups, and a senior accountant to talk decisions through with. | Audit request lists built from the ledger, and scripted control checks that run every month. |
| Automation projects | Already have a finance team? We build bots, Power Automate flows, Python scripts and dashboards on your stack, then hand them over. | Whatever takes your team the most hours each month. We measure that before we start. |
India is about ten hours ahead of New York and ninety minutes ahead of Dubai and Muscat. US clients hand work over at the end of their day and find it done the next morning. Gulf clients get same-day turnaround.
Growing businesses that want a finance team without hiring one: healthcare practices, professional services firms, property managers, online sellers, manufacturers and non-profits.
CPA and accounting firms that need capacity in busy season, or a team that works under their name, in their systems, to their review standards.
We work in the stack you already have. You don't switch anything to work with us.
Your work is done by our team and reviewed by one of three partners. Between us: two chartered accountants, a cost accountant, and over 45 years in US accounting, audit and offshore delivery.
Partner, technology and automation
Chartered Accountant, ICAI
Fifteen years across CA practice, hospital and energy finance, a 2,147-centre e-governance programme and offshore finance for US clients. Led robotic process automation for an offshore accounting practice, halving manual hours and cutting payroll processing cost by 70%. Builds in Python, UiPath, Power Automate and Power BI, and has taught advanced IT to CA finalists at ICAI.
Partner, client delivery
Cost and Management Accountant, ICMAI. US GAAP certified.
Seventeen years in US accounting and outsourced finance. Has moved more than 250 clients' books from onshore teams to India without service gaps, built an 80-person delivery team from the ground up, and owned close, reporting, 1099s and Delaware and federal filings for a global client portfolio. Earlier at Genpact, and in plant accounting and costing for manufacturers.
Partner, assurance and quality
Chartered Accountant, ICAI
About fifteen years in practice, as a partner in an established audit firm leading statutory audits of large public sector undertakings. Sets the review standard for everything we deliver: no close, filing or report leaves our desk without a second, audit-trained pair of eyes.
Something we haven't covered? Write to hello@tenfoldledger.com and a partner will answer.
The glide path is written into your engagement letter: the dates, the percentages and the floor. Each quarter we send a short report of what has been automated and what the next step is, so you can see the reduction is earned.
You do. We build inside your systems wherever we can and document every bot, script, rule and dashboard. If you ever move on, they stay with you, along with the notes to run them.
Growth inside the volume band in your proposal doesn't change the schedule. A new entity, state, country or service line is quoted separately before we start on it, so there are no surprise invoices.
Every team member has a named login with multi-factor authentication and access only to what their role needs. Everyone signs a confidentiality agreement, client files never sit on personal devices, and access is removed the day someone leaves your engagement.
We prepare the returns, workpapers and supporting schedules. Your CPA or enrolled agent reviews and signs them. If you don't have one yet, ask us.
Book a 30-minute call. If it looks like a fit, we review your books and systems and send a fixed proposal with your glide path within a week. There's no charge for the call or the proposal.
Tell us about your books and we'll reply within one business day with times for a 30-minute call. There's no charge for the call or the proposal that follows.
Prefer to write directly? hello@tenfoldledger.com
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