RENUKA INFOCOM PVT LTD (ITES-BPO COMPANY) AN ISO 9001:2000 CERTIFIED COMPANY NEW DELHI INDIA...

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RENUKA INFOCOM PVT LTD (ITES-BPO COMPANY) AN ISO 9001:2000 CERTIFIED COMPANY NEW DELHI INDIA TAXATION OUTSOURCING ACCOUNTING OUTSOURCING PAYROLL OUTSOURCING TRANSACTION PROCESSING SOX AUDITING www.renukainfo.com

Transcript of RENUKA INFOCOM PVT LTD (ITES-BPO COMPANY) AN ISO 9001:2000 CERTIFIED COMPANY NEW DELHI INDIA...

Page 1: RENUKA INFOCOM PVT LTD (ITES-BPO COMPANY) AN ISO 9001:2000 CERTIFIED COMPANY NEW DELHI INDIA TAXATION OUTSOURCING ACCOUNTING OUTSOURCING PAYROLL OUTSOURCING.

RENUKA INFOCOM PVT LTD (ITES-BPO COMPANY)

AN ISO 9001:2000 CERTIFIED COMPANYNEW DELHI

INDIA

TAXATION OUTSOURCINGACCOUNTING OUTSOURCING

PAYROLL OUTSOURCINGTRANSACTION PROCESSING

SOX AUDITING

www.renukainfo.com

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OBJECTIVE

We Use our experience and expertise to help our client toAnticipate , initiate and manage to change for betterment andmaking them assured that every venture is a success forthem. The main objective of the company is to undertake andcarry on the business of providing all kinds of informationtechnology based and enable services in India and Abroadfor Taxation ,Accounting ,Payroll and Transaction ProcessingOutsourcing Services for US ,UK , CANADA , AUSTRALIA &EUROPEAN UNION as per GAAP’s.

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PROFESSIONAL PROFILE

With in a small duration of three years Renuka Infocom Pvt.Ltd. has become on of the India fastest growing businessentity to carry out Business Process Outsourcing (ITESBPO) work worldwide. Renuka Infocom Pvt. Ltd providesthe number of 100% reliable KPO services in field ofAccounting , Payroll , Taxation ,Audit and TransactionProcessing for SME’s , LLC and Corporate. We provide aUnique blend of services to our customers and Our latest andsophisticated technology allows us to deliver reliablemethodology to our clients to make their cost effective .

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MANAGEMENT STRUCTURERENUKA GARG(Chairman cum Managing Director)The Company is incorporated with her name in 2004. She has been actively involved in all theFinancial matters worldwide and controlling all the administration work globally.

FCA, A.N.GARG(Head of Operations)He is an Fellow Member of Institute of Chartered Accountants of India since 25 years. With Full timepractice he is looking after day-to-day operations of the company worldwide. His vast experience andprofessional knowledge , serves wide range of Individuals , Corporate , Partnerships , and Non-ProfitOrganizations, across the globe.

ACA, ROHIT GARGHe is an Associate Member of Institute of Chartered Accountants of India since 3 years. Activelyinvolved in. The development of Outsourcing Business for Taxation, Accounting , Payroll , etc.services, for US,UK and CANADA. With his support and ravishing guidance the company has grownup many folds during the last 3 years domestically and internationally.

AVNISH GARGHe is working at the managerial level in the company since 3 years and handling all the Processes ofThe Company worldwide. He is Expert in International Taxation , budgeting and Financial Reportingfor US,UK and CANADA.

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CREDENTIALS

• ISO 9001:2000 Certified by UKAS.

• REGISTERED UNDER COMPANIES ACT

1956 as an Private Limited Company.

• RECOGNISED BY INSTITUTE OF CHARTERED ACCOUNTANT OF INDIA

M.NO – 504992.

• REGISTERED WITH DIRECTOR GENERAL FOREIGN TRADE.

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OUR TOP SERVICES• ACCOUNTING AND BOOK-KEEPING AS PER GAAP.• TAX PREPRATION SERVICES FOR 1040 , 1040S , 1065 ,

1120S , 1120C , 1120 , T1 , T2 , SA 100 , SA 800 and VAT RETURNS.

• PAYROLL SERVICES FOR W2 , 940 , 941.• TRANSACTION PROCESSING FOR BILLING , INVOICING ,

ACCOUNTS PAYABLE , ACCOUNTS RECIEVABLE AND WRITE UP WORKS.

• BANK RECONCILIATION STATEMENTS.• AUDITING AND COMPLIANCE AUDITS.• BUDGETING AND FORECASTING.• PREPRATION OF FINANCIAL STATEMENTS.• M.I.S. REPORTING.

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INFRASTRCTURE• IBM SERVERS.• 2000 Sq. ft WORKING SPACE.• 20 SEATERS DISKLESS SYSTEMS WITH DUAL TFT

MONITORS.• SYMANTEC ANTI-VIRUS PROTECTION.• 2 MBPS ONLINE CONNECTIVITY 24X7.• UNINTERUPTED POWER SUPPLY 24X7.• TOLL FREE CALLING NUMBERS FOR USA & UK.• STATIC I.P. WITH ROUTERS FOR REMOTE ACCESSING.• SSL PROTECTED FTP FOR SECURED TRANSFER.• FIREWALL AND PROTECTED LAN SYSTEM.• ORIGINAL OPERATING SYSTEMS.• BIOMETRIC DEVICES FOR SECURITY CHECKS.• PROFESSIONALY QUALIFIED MANPOWER.

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BUSINESS MODEL

Renuka Infocombelieves in simple andeasy business model forits Vendors dependingupon the needs of theclients in terms of scopeof work and final outputdesired by the clientfrom us.

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OUTSOURCING TECHNIQUESOnline Outsourcing It includes working on the clients software directly by using client's online accounting

software's on secured websites. The client has to send the data/records in PDF format either by e-mail, fax or can upload the

records on the server. We will access client's online software , process the data and upload to the online software.

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OUTSOURCING TECHNIQUESOffline Outsourcing This technique uses offline backup of the existing software where the previous data is

being stored. The Client has to send the data/records in the PDF format either by e-mail, fax or can

upload on our server. We will update the books at our end in the same software and send the backup file to the

client or will upload on the client server. The client can restore the backup file in the software and check for the final approval.

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OUTSOURCING TECHNIQUESRemote Desktop Outsourcing This technique requires calling the remote desktop of the client using software

like GoToMyPc.com , Remote Assistance or using secured VPN network . The Client has to send the source data in the PDF format either by e-mail , fax

or can upload on our server. We will update the work and logout after updating is completed

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GAAP ACCOUNTINGGenerally Accepted Accounting principals are the accounting rulesused to prepare financial statements for publicly traded companies andprivate companies in US. Security Exchange Commission (SEC) hasthe ultimate authority over the Listed companies to present theirFinancials Statement to Shareholders in GAAP so that potentialinvestors , creditors , etc. can easily compare the Financial Result overthe number of years for investments , financial decisions ,credits , etc.

Some of the commonly used US GAAP for reporting are as under :-1. Business Combinations , used for calculating of Goodwill.2. Cash Flow Statements , classified under Financing , Investing and Operating.3. Transaction with Related Party.4. Earning Per Share , diversified under Basic (EPS) and Diluted EPS5. Disclosing the Effects or changes made due to changes in accounting

policies , method of accounting , adjustments and prior period items.6. Inventory Valuations.

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SOX AUDITSarbanes Oxley Act 2002 is incorporated to have an Compliance check onAudit, means Auditing of the Audit done. This defines which records are tobe saved for how much time period. Thus along with the financial

department,IT Department also comes into operations. SEC has imposed thisCompliance audit to protect the interest of Shareholders and investors.All the Electronic records , electronic messages and business records mustbe saved for a period of 5 years from the end of fiscal period in which theaudit has been done.As a pert of Audit :-1. Check access control system.2. Review Database loopholes in DBMS.3. Review Password policy.4. Review Permissions set.5. Maintenance and Safe Recording of all the stored data.

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ACCOUNTS PAYABLE &ACCOUNTS RECIEVEABLE

• The accounts payable & receivable process pays an important role under the accounting process. Companies spend huge expenditure on maintaining accounting process depending upon the Sales & Purchases of the company from year to year.

• If the accounts department is not strong enough to track the outstanding Payments & dues at the end of each accounting period then huge cost is to be incurred for tracking the exact payment to exact vendor at exact time. Additional cost may be incurred like penalties on late payment, interest, discount waivers, duplicate payments, wrong payment to vendors or additional payments, etc

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SOFTWARES

ACCOUNTING SOFTWARES

QUICKBOOKS

PEACHTREE

SAGE LINE 50

MYOB

NETSUITE

TAXATION SOFTWARE

TAXWISE

LACRETE

PRO SERIES

DRAKE

ATX

• PAYROLL ACCOUNTING

QUICKBOOKS

NETSUITE

ERP SOLUTIONS

PEACHTREE

• TRANSACTION PROCESSING

QUICKBOOKS ENTPR

NETSUITE

CLIENT’S ERP SOLUTION

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DATA SECURITY• LICENSE USE OF SYMANTEC ANTI VIRUS .• DISK LESS SYSTEMS WITH NO EXTERNAL DEVICES.• SEPRATE SERVER ROOM WITH RESTRICTED ACCESS.• PKI TECHNOLOGY FOR EMPLOYEE AUTHENTICATION.• DATA STORAGE AT 4 DIFFERENT OFFLINE LOCATIONS.• ONLINE DATA STORAGE.• PAPERLESS ENVIORNMENT.• SECURITY CHECKS BY CCTV AND BIOMETRIC TOOLS.• EMAIL SCANNING INCOMING AND OUTGOING.• DAILY AUTO BACKUP POLICY ON SEPRATE DISKS.

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DATA ACCURACY• QUALITY CHECKS POLICY. Every transaction is being checked before it is uploaded to

main server by process managers.

• SEPRATE QUALITY CONTROL MANAGERS. Their role to rectify the uncorrected entries figure out by the

process managers.

• FINAL REVIEWING POLICY. Once complete processed data is error free and finally

reviewed by hardcore professionals , the same is uploaded on client server.

The above phases help us to provide ultimate data accuracy toAbout 99.95% with 100% client satisfaction.

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PRICING

WE HAVE FLEXIBLE PRICING STRATEGYFOR ACCOUNTING,

PAYROLL,TAXATION,& TRANSACTION

PROCESSING

HOURLY FIXED MONTHLY FIXED QUARTELY

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OVERVIEW FOR OUTSOURCING

• Reduces manpower cost by 50%-60%.• Get Expertise Hardcore Professional Skills at low cost.• Reduces Infrastructure cost by 40%-50%.• Get timely Preparation of Financial records.• Better Management Control.• Centralized Concentration of Complete Data.• Squeezing of Unwanted Managerial Hierarchy.• Improve Payment/receivable Cycle.• Building Vendor’s confidence.• Reduction in additional Liabilities.• Effective Debtors and Creditors Management.

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CLIENTS

• CERTIFIED PUBLIC ACCOUNTANTS.• RETAIL CHAINS.• REAL ESTATE.• DOCTORS.• HOSPITALS.• ONLINE SELLING TRADERS.• GAS PUMPS.• IT COMPANIES.• RESTURANTS & HOTELS.• FITNESS CENTRES.• SME’S & LLC’S.

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COMMUNICATION• TOLL FREE FOR USA 1-866-682-8799

• TOLL FREE FOR UK 0-808-234-4244

• SKYPE renuka.infocom.pvt.ltd

• EMAIL [email protected]

• FILE TRANSFER PROTOCALL [email protected]

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PRESENTED BY

CEO,ROHIT GARG(A.C.A. , B.COM(H))

RENUKA INFOCOM PVT LTD309-314 AGGARWAL MILLENIUM TOWER,

NETAJI SUBHASH PLACE,PITAMPURA,NEW DELHI , INDIA -110034.

PH : 91-11-27351199.GSM : 931-367-7799.

FAX : 91-11-27351818.EMAIL : [email protected]

www.accounting-outsourcing-india.comwww.renukainfo.com

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THANKYOU

@copyright reserved Renuka Infocom Pvt. Ltd.