Initor Global Services

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Transcript of Initor Global Services

Page 1: Initor Global Services
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Index• Introduction• Service Offering

Accounting & Bookkeeping Management Accounts Payroll Solutions Taxation Services

• Dedicated Hiring• Our Team• The Transition Specialist • Operational Models• Infrastructure & Security• Why Initor

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Introduction Professionally managed specialists in the area of industry-specific accounting, payroll

and taxation services. Operational and delivery Centre in Ahmedabad, India, along with having

geographical presence spread across Gujarat, Mumbai, Bangalore. We also operate from Bellevue, WA and Florida, USA and London, UK. Team of qualified professionals, led by CPA having a rich experience in the field of

Accounting, payroll and tax services. Well experienced Transition team to maintain the system and processes in line with

the pre-defined objectives. Having a dedicated team that work on data analysis and systems to deliver the real

time Operational and Management Reports along with normal Financial Reports, which helps in taking strategic decisions.

Technology has never been a hurdle for us to work. Expertise in advanced Accounting and Bookkeeping software such as Intacct, QuickBooks, Sageline 50, Xero, KashFlow, GEMS, etc.

We are presently working for UK, USA and Australia based clients.

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Service Offering

Taxation Services• Sales Tax Preparation & Return• Personal Tax (Self Assessment)• Corporate Tax (P’ship, S Corp & Ccorp)

Accounting & Bookkeeping• Sole Proprietors, Partnership, S

Corporations & C Corporations• Trust Accounting

Payroll Solutions• Casual & Fixed Labor including Other

Payments & Deductions – Tips, Bonus, Advances, etc.

• Periodic Statutory Return Filings

Management Accounts• KPI Reports• Operational Reports• Management Information System

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Accounting & Bookkeeping

Weekly / Monthly / Quarterly Bookkeeping Final Accounts preparation and comparative analysis Accounts Payable Management

Credit Control Accounts Receivable Management

Deposit Analysis Merchant Accounts Reconciliation

Cash Flow Statements Past Activity Projection

Consolidation of Financial Statements for operations in more than one geographical locations

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Management Accounts

We believe that mere Financial Accounting Reports does not suffice the purpose of getting vision to take strong and efficient strategic business decisions for Management.

Our strong team and impeccable expertise in analysing the various operational cycle of business, its impact on the decision making process, and then design customized, efficient and smart Operational and Key Performance Indicators’ Reports.

What helps the business owner and management to take their strategic business decision in no time is the Efficient, Smart, Real Time Financial Operational Reports and Management Accounts Reports.

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Payroll Solutions

Digital data processing of payroll including timesheets, commission, bonus calculation, and overtime.Electronically generated and delivered individual pay slips.Detailed reports of all natures depending on specific client needs.Advice and reports on what needs to be paid by employers in terms of Taxes and other deductions.Set up of new staff and filing of starters and leavers.

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…contd Payroll Solutions

Calculation of FICA, FUTA, Medicare and SUIOnline and telephonic help centre to assist your employees and vendors with their payroll related queriesPeriodic statutory returns to states and federal authoritiesPre-payroll & Post-Payroll support

* Much more than just payroll processing!!

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Taxation Services

Preparation of all type of Tax returns

Form 1099 filing and circulations

Self Assessment Computation & Filing (1040)

Partnership Tax Returns (1065)

Company Taxations (S Corporation and C Corporation)

Sales Tax Computation, Reconciliation & Filing

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Dedicated Hiring

Initor gives you the option to hire a scalable, reliable, and extremely talented team of payroll and accounting professionals with demonstrated capabilities - on full time or part time basis.

Choose your team based on specific skill sets:Payroll AssistantPayroll ManagerAccounts ExecutiveSenior AccountantAccounts ReviewerTaxation Executive

When you opt for projects requiring three or more full time accountants, you get a Virtual Financial Controller (VFC) FREE

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Our Team

Team Strength – Our team consist all business graduates having strong experience of more than 5 years in the area of Payroll, Tax and Accounts for UK based clients, which enhances our strength to meet the statutory compliances and make us aware about the local environment of the United Kingdom.

Dedicated employee for clients – We believe in giving dedicated contact person for you. You would always be speak to the same person whenever you call Initor. This improves communication and accountability.

In-house IT team – Our in-house IT team both the development as well as networking, help us with continuous support to keep ourselves up and running for our clients with the latest updates in the technological world.

Systems & Processes – We believe that accounting and payroll job varies from client to client. Hence, we have a dedicated and qualified team to design and define the customized processes and systems as per requirements at both ends (Client & Initor) to deliver the desired results with minimum time and cost.

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The Transition Specialist

Initor is mainly known because of its customized systems and processes based on the need of client and its nature of business. We have a dedicated team for transition to define & design the best suited systems and processes to the business and structure of the client. Our transition expert/(s) stay for at least 3 to 4 weeks at client’s place with the following objectives to achieve.

Understand the business and structure of client. Design the best suitable systems and processes for client. Identify and prepare the best technology platform for both the

organizations. Educate the personnel at client’s place and team at Initor with the new

systems. Ensure the smoothest and best transition from client’s existing process

and system to the new designed system. Define the Service Level Agreement. Define the best suitable Turn-around Time for each task. Define communication protocols between both the organizations. Ensure the best execution of Service Level Agreement. Ensure the best execution of all systems and processes by getting work

done on live accounting through team at Initor.

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Operational Models

Our business philosophy is simple – we are client centric in our approach. To that end all the processes and systems we follow are designed to ease things for our customers. We design and define customized systems and processes that meet the ultimate objective of our client to minimize the time, cost and to get best quality Accounts.

Server BasedAccording to this model, the clients upload their input data on to a secure FTP server located either in India or outside India. Initor professionals access the data, download it and work on it. Final work is uploaded back on to the FTP server.

Email BasedClients send us all their documents over email; we download them at our end, work on them and send the finalized documents back to the clients by email.

Remote Access BasedWe access the data on client computer using a remote desktop access service such as Secure VPN. Work is done by our team on client computers.

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Infrastructure & Security

We believe that Management should be more dependent on systems rather than on humans. Hence, we demonstrate and use the best technology & infrastructure which make most of the systems automated.

Initor is ISO 9001-2008 certified for its best Quality Management System. Initor is also certified with ISO 27001-2013 for its best Information Security Management System. Initor is also the winner of CorporateINTL Global Awards 2014 for its best services in outsourcing.

Initor is also an affiliate member firm of “Gujarat Electronics & Software Industries Association” (GESIA)

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Why InitorUS Timings: We aim to cater our client as per their US timing of 08:30 to 17:30 hrs (EST). We also aim to take the benefit of Indian time being ahead of UK time by starting the work early and getting the job ready by the time you start your day.

Employees: Our employees are well qualified and trained to suit the requirements of the job. We always work with a philosophy of FTR. (First Time Right)

Communication: We believe in having dedicated employees for you, who would also act on your behalf when communicating with your clients if needed, while always speaking to same person every time at our end.

Continuous Improvement: We take Feedback from clients on completion of every job. We take the necessary modifications in the processes and review policy, based on the feedback that we receive from our clients. It is a process of Continuous Improvement on live projects.

Research orientation for technological advancement: Our aim is to make continuous improvement and make processes smooth and easy for your benefit in line with the IT sector.

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…contd Why Initor

Cost Saving – Helps you to reduce cost with accuracy, efficiency and effectiveness. Also squeeze down the managerial hierarchy and infrastructure costs (Saving of 30% to 50% in comparison to hiring someone in the UK).

Combined Services – We provide combination of various outsourcing services under one roof, which makes us all in one solution provider for all your payroll, accounting and taxation needs.

Enhanced Productivity Level – Outsourcing your services to us brings in effectiveness, as dedication to continuous improvement is our motto without compromise on quality, compliance and timeliness. Your productivity increases without adding anyone on permanent payroll.

Process Standardization – Set process protocols and manuals in place as per your needs for smooth transition and process implementation. Preparation of standard documents like SOP and various practice manuals.

Focus on Core Business – You can be relieved from operational hassles in Payroll & Accounts, so that you can find more time and resources to focus on your core business activities that lead to increase your profitability.

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Summary

US Qualified and experienced StaffBest Turn Around Time in the industryCost & Time SavingTransition Expert for smooth workflow.Competitive and Flexible Pricing ModelsComprehensive Service OfferingsISO CertifiedMember firm of GESIAUS Timings (Working Hours)Best InfrastructureExperience of over a decade in domestic and international business.

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Thank You