With the increasing complexity of compliance requirements, businesses are anticipating expert assistance to navigate challenges. To avoid significant penalties, companies are turning to professionals like those at Infinilex. The firm provides a comprehensive suite of services, offering high-quality legal, accounting, compliance, and IP support under one roof. This holistic and integrated approach enables businesses to make more informed decisions, reduce risks, and maximize opportunities for growth and profitability.
"Having experienced the inefficiencies and costs associated with multiple third-party vendors for legal, CA, and CS services while working with corporate clients in Delhi, I founded Infinilex. Our integrated approach combines these services into one comprehensive solution, streamlining operations and reducing clients' costs and complexity. This allows businesses to focus on their core activities while we manage compliance and legal matters effectively", shares Prashant Sharma, Founder.
Comprehensive legal & Compliance Support
Infinilex services include legal and corporate advisory, transactional advisory, contract drafting, negotiation management, GST return filing, intellectual property rights protection, accounting services, and more. These services, provided under one roof, allow businesses to focus on their core activities while the firm handles regulatory and compliance needs of a business. The onboarding process starts with an initial consultation to understand the client's experiences with previous service providers and identify any past issues.
A gap analysis is then conducted by the firm to address any shortcomings.
"We review the client's business operations, setup processes, and designate contact points for each department. For instance, Rs.100 crore revenue IT development company assigns team members to collaborate closely with the operations and business development departments to expedite contract and LOI turnaround. This approach streamlines processes, ensuring efficient workflow and clear communication, enhancing operational efficiency and client satisfaction", says Prashant.
Infinilex differentiates itself from major players in the market by offering convenience and cost efficiency. Operating on economies of scale, the firm serves as a virtual CFO, legal team, and accountant, providing services at a fraction of the cost charged by other pre-existing firms and industry players. This one-stop-shop solution is desirable to startups and larger enterprises, including those seeking IPO advisory, due to the combination of comprehensive services and cost-effectiveness. In addition, the firm ensures client compliance with evolving regulations through a robust internal practice in which key employees provide weekly updates on compliance changes and industry news. This keeps both clients and the team informed. The primary KPI for the firm is client feedback, collected quarterly to ensure satisfaction and address any service gaps. Client satisfaction is paramount, and maintaining strong client relationships is the cornerstone of measuring the firm's success and impact.
Infinilex differentiates itself from major players in the market by offering convenience & cost efficiency
Technology is crucial in Infinilex’s service delivery, enhancing efficiency and effectiveness. The firm relies heavily on DBMS to ensure smooth, transparent communication and record-keeping. This is vital for both the business acquisition team and the execution teams, ensuring that all necessary information is accessible when needed. Additionally, the firm uses dedicated communication channels for each client to maintain confidentiality, especially when handling clients in similar industries. The firm employs cloud document repositories with strict access controls to manage and segregate information, ensuring that only authorized stakeholders have access to relevant data.
Infinilex is actively expanding its services and market presence. Recently, the firm launched Infinilex Consultancy LLC in the US, partnering with local CPAs and lawyers to provide comprehensive services across North America. Looking ahead, the firm plans to enter the Middle Eastern market. This expansion aims to facilitate business operations for clients moving between India and the Middle East, leveraging a network of partners and local entities to offer seamless, effective support.
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