Financial Accounting Consultants, Payroll Consultants, International Strategic Alliances, Legal...

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GROWTH THROUGH STRATEGIC ALLIANCE GROWTH THROUGH STRATEGIC ALLIANCE STRATEGIC ALLIANCE OPPORTUNITY FINANCE & ACCOUNTING

description

SBS Global Services provide appropriate Finance and accounting solutions, including expert accounting services to our clients. Our book keeping and payroll services are best suited for sustainable growth of the organisations. We, at SBS, welcome strategic accounting alliances and strategic alliance in financial services sector from reputed organisations based in Europe and the US. Our book keeping and business payroll services/outsourced payroll services are designed to give you a hassle free and live information to meet your business challenges. Large corporations can avail the back office solutions in finance and accounting process in order to improve efficiency and to remain cost effective. Our taxation wing provides comprehensive tax solutions and tax return processing to individual and corporate clients. SBS legal services division is focussing on legal process outsourcing and legal support to corporate customers in the United States. We are specialised in providing consultancy services in the areas of project consultancy, advisory services specifically tailored for Asia region.

Transcript of Financial Accounting Consultants, Payroll Consultants, International Strategic Alliances, Legal...

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GROWTH THROUGH STRATEGIC ALLIANCE GROWTH THROUGH STRATEGIC ALLIANCE

STRATEGIC ALLIANCE OPPORTUNITY

FINANCE & ACCOUNTING

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SBS GLOBAL SERVICES SNAPSHOT

Synergy Business Solutions (India) Private Ltd (SBS), a company incorporated in India with Delivery Center in India and global presence throughout the world, is an emerging Finance & Accounting Services Corporate

Our Global operations are Professionally managed by experienced Board of Directors

SBS is set up exclusively by a group of finance professionals comprising of Chartered Accountants, Cost Accountants, Management Graduates etc. with International Corporate Experience

We are an offshoot of a Practicing Chartered Accounting firm with over 15 years of experience

We have fully secured facility complying with all IT policies with online, onsite and offsite backup to ensure Data Protection & Confidentiality to the clients. With Disaster Recovery Mechanisms in place, we ensure complete security

SBS has Young and Talented Pool of Professionals and Experts to provide services that are comparable with International Standards

Our Service lines include BPO and KPO services to Globally reputed clients spread across India, Luxembourg, Germany, Mexico, Wisconsin & California

SBS works as a Performance Enhancement Partner to help clients achieve world class process efficiency at reduced costs

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WHY A STRATEGIC ALLIANCE?

To Maintain LeadershipTo Maintain Leadership

To Improve Customer Focus & DeliveryTo Improve Customer Focus & Delivery

To Address Specific MarketsTo Address Specific Markets

To Gain Edge on Competition MarketsTo Gain Edge on Competition Markets

To Diversify within various geographical areasTo Diversify within various geographical areas

To remain cost effective & competitiveTo remain cost effective & competitive

To improve Customer throughputTo improve Customer throughput

To gain access to global domain experts & professionalsTo gain access to global domain experts & professionals

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To Enable greater scaling up

To make cost variable

To free up internal resources

To leverage Domain Expertise

To achieve process optimization and

become best-in-class

39.7

36.4

59.3

58.4

43.6

37.7

22.2

26

16.7

26

18.5

15.6

OFFSHORING – AN IMPORTANT STRATEGIC ALLIANCE INITIATIVE - FACTORS

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

To eliminate non-core activties

internally

To Save Cost

To Comply with Global Best Practices

and Benchmarking

To Reduce Risk

To Enable greater scaling up

51.3

46.3

45.2

42.5

41.3

30.3

41.3

34.3

37

36

18.4

12.5

20.6

20.6

22.7

SOURCE: CFO CONNECT

DEC 2009

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Strategic

To Improve Customer Focus & Delivery

Team WorkTo

Maintain Leadership

SIGNIFICANCE OF STRATEGIC ALLIANCES

Strategic Alliance

Passion for Excellence

Trust

Respect

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LEADERSHIP

We recognize and reward outstanding performances of individuals

We believe in and practice personal and professional growth of our employees

We empower our employees by way of Knowledge Sharing

RESPECT

We involve our employees in the process of Decision Making

STRATEGIC ALLINCE - FORCES

We involve our employees in the process of Decision Making

We value the ideas of people and listen to them irrespective of the level of experience

We respect work-life balancing

TRUST

We build relationships on the basis of sharing and accepting the truth

We assume others will behave with responsibility and appropriate

ability, fairness, truth and honour for others

We always think positive

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CUSTOMER FOCUS

First we understand our customer expectations.

We are committed for a world class service delivery

We always aim to achieve 100% accuracy for the customer output

TEAMWORK

We promote complete involvement of our employees to accomplish the organizational

objectives

STRATEGIC ALLINCE - FORCES

objectives

We work together and support each other to achieve our goals

It is always termed as OUR work

PASSION FOR EXCELLENCE

We strive for the best quality in all that we do

Everyday is considered to bring in a new learning to an individual

We constantly work towards process improvements thereby raising our delivery

standards

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FINANCE &

ACCOUNTING

ORDER TO CASH

(ACCOUNTS RECEIVABLES)

PROCURE TO PAY

(ACCOUNTS PAYABLES)

�Invoice Processing

� Collections and Cash Application

�Credit and Order Management

�Reporting and Reconciliation

�Shortened Month End Closure

�Invoice Processing

� Payment Process

�Vendor Master Maintenance

�Three Way Matching & Reconciliation

�MIS & Reporting

STRATEGIC ALLIANCE - SERVICE OFFERINGS

ACCOUNTING

SERVICES

FINANCIAL STATEMENTS

MANAGEMENT

ACCOUNTING & ANALYSIS

�MIS & Reporting

�Periodic General Ledger Closing

� Line Item Reconciliation

�Finalization of Accounts

�Preparation & Reporting of Final Accounts

�Cost Analysis

�Customer Profitability Analysis

�Activity Based Costing

�Variance Analysis

�Performance Reporting

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FINANCE &

ACCOUNTING TAX SERVICES

�Individual Tax Returns

�Partnership Tax Returns

�C Corp & S Corp Returns

�Salary Calculations and Processing

�E Pay Slips

�Reimbursements & Full & Final

Settlements

�Statutory Compliance & Reporting

PAYROLL

STRATEGIC ALLIANCE - SERVICE OFFERINGS

ACCOUNTING

SERVICES

TAX SERVICES

ASSURANCE & SUPPORT

SERVICES

�C Corp & S Corp Returns

�Extensions

�Estimated Tax Calculations

�SOX Compliance

�Financial Statement Audits

�Controls Testing

�Risk Assessments

�Reporting

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Not confident of quality delivery

for optimization of Back office

operations

COMPETENCY

Dependence on the back office

staff for management reportingDISTANCE/

DEPENDABILITY

•Dedicated Team of Professionals offering 24*5

support

•Data & Reports available on the Client Server

•SBS serves as an extended Delivery Office

SBS has a team of highly skilled professionals

such as CA’s CPAs, MBAs using the latest

technology & established process to optimize

back office delivery

PERCEPTION STRATEGIESDIMENSION

STRATEGIC ALLIANCE – PERCEPTIONS & STRATEGIES

Confidential documentation

shared

•Centralized Access Model with no data transferred to

SBS Local Directory

•SBS signs an NDA

•SBS has an NDA with all its employees

•Excellent Data Confidentiality & Fully Secured Delivery

Center

DATA SECURITY

Offshoring option being tried out

for the first time

•SBS follows proven process procedures to make

it a success

•Experienced Professionals for Migration &

Process Management

•Recommends to Start low and Scale up

FIRST HAND

EXPERIENCE

•SBS serves as an extended Delivery Office

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SBS AS A STRATEGIC PARTNER

Strategic PartnerStrategic Partner

STRATEGIC ALLIANCE

Improved TAT – Follow the SUN Model Exclusive Offsite Facility for Delivery

Customer

Best Practices & Process Controls

Operational Process Efficiencies

Access to Domain Experts No Staffing Compliances

No Separate Infrastructure & Staffing Costs

MARKET PENETRATION WITH ENHANCED OPERATIONAL PROFITABILITYMARKET PENETRATION WITH ENHANCED OPERATIONAL PROFITABILITY

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WHY SBS AS A STRATEGIC PARTNER?

�SBS Information & Security is comparable with that of a big corporate, coupled

with flexibility of a young enterprise – Best of Both Worlds

�Vast Experience in Migration of European/Americas Accounts from clients for the

Accounting & Payroll Processes

�SBS has a proven track record of world class service delivery to the clients – Trust �SBS has a proven track record of world class service delivery to the clients – Trust

and Dependability from the Customers have facilitated more customer accounts for

SBS

�SBS practices Quality Enhancement Concepts like Six Sigma that are implemented

and being practiced for the respective processes

�SBS offers to bring in Exclusivity to the Customer that proves to be an added

advantage

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WHY SBS AS A STRATEGIC PARTNER?

�In order to ensure Strict Customer Confidentiality, Non Disclosure Agreements

are brought into effect with all the SBS employees

�SBS firstly understands the alliance partners’ requirements so as to set up a clear

delivery path to the customer

�SBS Management Team comprises of Professionals with International Corporate �SBS Management Team comprises of Professionals with International Corporate

Experience in the Finance & Accounting Arena

�SBS has the capability for Instant Scalability of Operations to meet the clients

requirements with Easy Access to Process and Domain Experts in the Market

through the Internal Recruitment Wing

�SBS works as a Performance Enhancement Partner to help clients achieve world

class process efficiency at reduced costs

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THANK YOU..

Contact us:

Haridasan Panniamvelli

[email protected]

[email protected]

[email protected]

•Finance & Accounting Services

[email protected]

India Office :

Synergy Business Solutions (India) Pvt. Ltd

Laxmi Chambers, 2nd Floor, 1st Main, C Block, AECS Layout,

Kundalahalli, Brookefield, Bangalore-560 037

Ph: +91 80 4030 1700

Fax: +91 80 4030 1730

URL: www.sbsglobalservices.com