U-blox, Bangalore, India
Sector: Technology, Media & Telecoms
The technology company was founded in 1997 by a professor and three doctorate students – and now operates in 28 countries worldwide. U-blox creates wireless semiconductors and modules for consumer, automotive and industrial markets, and chips and equipment for global navigation satellite systems.
As part of its international expansion, u-blox established an operation in India and wanted to outsource its cash flow management, payroll processing, financial statement preparation, tax processing and e-accounting services. The management team was seeking a skilled team of accounting professionals who could provide customised accounting solutions by using the latest versions of accounting tools at an affordable pricing structure.
U-blox chose Kreston Global’s Indian member firm Kreston Rangamani for outsourcing its functions, because Kreston Rangamani had the best infrastructure to provide quality outsourcing services. That was seven years ago, and the relationship continues today.
Carine Loo, Finance Manager for u-blox Asia Pacific, said:
“Kreston Rangamani’s team is very professional and knowledgeable. On several occasions, they have gone the extra mile to support us by providing professional advice on matters which are outside their scope of work. We appreciate their service and look forward to our continued cooperation.”
Rema Muraleedharan, Team Lead at Kreston Rangamani, commented:
“Our strengths have always been to serve our outsourcing clients across various time zones and have the ability to deliver results within a quick turnaround time.”
Shalini Singh, Manager at Kreston Rangamani, added: “We understood how the u-blox business worked, precisely analysed their requirements and that helped us provide highly customized solutions. We made use of some of the latest and updated versions of the best outsourcing tools and technologies to provide the best services to u-blox.”
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