Who are the founders?

Conall Lavery (55) - Irish, founded and sold a few companies including Entropy in 2006.

Perry Ram (43) - Indian, managed businesses in India and founded a USA company and sold it in 2006.

How does the company help its clients?

AscenTrust helps small companies reduce the cost of producing accounts without any degradation of accuracy or timeliness.  AscenTrust's management accounts help organisations make better business decisions.  The low cost of AscenTrust’s back office in India is passed onto its clients, however the client only works with AscenTrust’s Irish based accountants.  Services include; bookkeeping, payroll, budgeting and management accounts.  The client can keep their existing accounting software, or they can change to an online accounting system.  Excellent management accounts facilitate timely decision making.

How does AscenTrust do it?

Paper transactions are scanned in Ireland and sent to India along with electronic transactions for processing and delivered one of 3 ways;

1. Own accounting system via secure (Virtual Private Network) VPN.

2. Shared Internet system (in the cloud).

3. Paper based which is the most cost effective as there is no cost of software or hardware, but it does not suit everyone.