Financial accounting services singapore|Accounting services usa|Financial accouting outsourcing usa

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Synergy Business Solutions India Private
Ltd. An ISO 90012008 certified outsourcing
company. - Your
Performance Enhancement Partner An
introduction December 2012
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Who we are?

• Synergy Business Solutions India
• Private Ltd.
• We are a Bangalore, India, based
• ISO 90012008 Certified fast
• growing Financial Services company, having
• an impeccable track record with more than
• one hundred delighted customers across
• geographies.
• http//www.sbsglobalservices.com

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Our background

• The successful practice of our sister concern
• Chartered Accountancy firm, over the past
• fifteen years, paved the way for the
  establishment
• of SBS in the year 2006.
• The expertise of our leadership with a rich and
• long professional career background and the
  Client
• equity acquired over the years powered SBS
• during the take-off.

http//www.rhhpa.com
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Growth so far

• Since launch, SBS Global Services has hit a high
• growth trajectory, acquiring over one hundred
• Clients across industries, globally and providing
  
• creative and cost efficient Financial Services
• Solutions to them.
• Our professional, cost efficient and secure
  Services
• and Solutions have delighted our Clients over the
  
• past four years.

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Global Customer Base

• India Singapore UK
  Luxembourg
• (Bangalore, Delhi, Chennai, Hyderabad)
  (London)
• Germany Mexico
  USA
• (Koln) (New York, California, Wisconsin)

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Our Impact

• Cost Saving
• Cost and currency arbitrage along with our
  collaborative approach
• enables substantial savings in cost of Finance
  Accounting Operations
• Increased Process Efficiency
• Significantly Improved Turn Around Time in the F
  A function
• Enhanced Productivity levels
• Outsourced F A operations to SBS
  professionals brings
• in enhanced efficiencies
• Process Standardization
• Standardization of process enables growth
• Vastly improved Customer Satisfaction levels
• Focus on Customer facing activities leads to
  higher levels of customer
• satisfaction
• Focus on core business issues

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Service Lines

• Accounting Services
• Payroll Services
• Specialized Services
• Taxation Services
• India Entry Services
• Overseas Entity Formation
• Support Services

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1. Accounting Services
SBS currently offers various Outsourced Finance
Accounting Services suited for Asia, Far
East, Europe and US regions. We enable our
clients to focus on strategic business issues
while an expert team of SBS professionals
provide them the necessary Finance Accounting
support in a safe, secure environment in a highly
cost and time efficient manner.
SBS Finance Accounting professionals can
remote log-in to the client server and complete
the Finance/ Accounting process, saving
infrastructure and operation costs.
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1. Accounting Services
ORDER TO CASH (Accounts Receivable)

• Invoice Processing
• Collections Cash Application
• Credit and Order Management
• Reporting and Reconciliation
• Shortened Month End Closure

• Invoice Processing
• Payment Process
• Vendor Master Maintenance
• 3 Way Matching
• Reconciliation
• MIS Reporting

PROCURE TO PAY (Accounts Payable)
FINANCE ACCOUNTING SERVICES
FINANCIAL STATEMENTS

• Periodic General Ledger
• closing
• Line Item Reconciliation
• Finalization of Accounts
• Preparation Reporting of
• Final Accounts

MANAGEMENT ACCOUNTING ANALYSIS

• Cost Analysis
• Customer Profitability Analysis
• Activity Based Costing
• Variance Analysis
• Performance Reporting

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2. Payroll Services
SBS Payroll professionals can remote log-in to
the client server and complete the Payroll
process, saving infrastructure and operation
costs.
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2. Payroll Services
Permanent Information

• New employee creations
• Tax Card updations
• Address modifications
• Bank code Cost Centre
• updations

• Periodic
• Lunch Vouchers, Car Allowance pension
• Overtime hours updations
• Non Periodic13th month Outstanding holidays
  pay

Variable Elements
PAYROLL SERVICES
Salary Calculation

• Validating the updations
• Generating the Payslips
• Analysis of Salary difference

Report Generation

• Bank Transfer
• Tax Declaration
• Any other report as per client
• specifications

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3. Specialized Services
SBS team works closely with large firms
Financial Institutions, Banks etc in markets
such as Asia and US. We help our Clients
consolidate various statements, reconcile
different types of accounts and review their
Contracts. We also support them in large volume
Back Office Processing.
SBS team of experts can support large
organizations in Banking Financial services
Sector through in various specialized services
resulting in substantial savings.
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3. Specialized Services
Financial Statements Reporting

• Consolidation of Financial
• statements
• Business Intelligence
• Reporting
• Analysis reporting

Contract Review Reconciliations

• Financial and other large
• volume Reconciliation
• Contract Review Vendor
• Account Reconciliations
• Inter-company
• Reconciliations

SPECIALIZEDSERVICES
Large volume Back office Transaction processing

• Large volume Business
• Transactions
• Large volume Financial
• Transactions

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4. Taxation Services
SBS Tax team works closely with professional
firms in markets such as Asia and US. We help
our clients in preparation of various kinds of
Tax statements and returns to comply with the
Tax norms of the country.
SBS team of Taxation experts can support the
professionals and complete the Tax return
process, considerably saving infrastructure and
operation costs
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5. India Entry Services
SBS offers Entry Support services specific to
India with an objective to facilitate our
global expansion and growth strategy. We
provide a whole host of Entry Support services
for the benefit of organizations from
other parts of the world to set shop in India.
SBS facilitates a hassle-free entry to India for
multinational companies and supports their
growth in India through our wide range of
Service offerings.
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5. India Entry Services
Pre-entry Support

• Market, Business
• intelligence
• Entity structure advice

Launch Phase Support

• Set up services
• Taxation and Transfer
• Pricing assistance
• Business Plans

INDIA ENTRY SERVICES
Post Launch Support

• Initial HR assistance
• Accounting, Bookkeeping
• Business Reporting

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6. Overseas Entity Formation Support Services
With increasing levels of globalization, business
Organizations are eager to make the best of the
opportunities that are available away from their
home markets. However, the challenges, such as
country specific legal frameworks, tax
structures etc. that comes along with these
global opportunities, can take away precious
management time and bandwidth of the
Organizations.
SBS offers Overseas Entity Formation and Support
Services to Indian and international corporates
in countries/ regions such as Singapore, Australia
, Malaysia, GCC, Untied States, United
Kingdom, Luxemburg and Mauritius, apart
from India.
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Process Flow
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Data Safety Security

• Highly Secure Network ensures the smooth
  functioning of a
• Knowledge Process Organization.
• Online and Offline Back Up and Support for
  critical Business Data.
• Linux based firewalls to Safeguard the network
  from virus attacks.
• Double Back Up Power Supply (Generators, UPS)
• Bio Metric Access Control
• Intrusion Detection/ Prevention System
• Strictly Compliant IT Policies
• Instant Scalability of operations for process
  migration
• Every employee of SBS signs a mandatory Non
  Disclosure agreement

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Quality Process

• Our Quality Policy We are committed to
  provide world-class services to our
• customers. We shall continuously improve the
  processes and apply quality practices
• to meet or exceed clients requirements
  resulting in customer satisfaction.
• A well defined Quality Manual.
• A well defined Training Module for each
  segment.
• Multiple Stages of quality checks.
• Checklists at each stage to ensure that
  everything is right.
• Six Sigma at Process and Customer Level.
• A well documented Customer Feedback Process.
• A well defined Escalation Matrix for faster
  resolution.
• Customer Communication at each level.

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Other Credentials

• Membership Top management and
  professionals are members of the Institute of
  Chartered
  Accountants of India (ICAI) (www.icai.org).
• Membership Company is a member of the
  Confederation of Indian Industries (CII)
  (www.cii.in).
• Membership Company is a member of the
  Federation of Karnataka Chambers of Commerce
  and Industry (FKCCI)
  (www.fkcci.org).
• ISO 90012008 Company is an ISO 9001 2008
  Certified Outsourcing Company, certified by the
  professional bodies NABCB
  (www.qcin.org/nabcb) and UKAS (www.ukas.com).

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Our Global Industry Footprint
Accounting Process
Pay Roll Process
International India markets
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Employee Expertise Experience
Employee Expertise

• Integrated Team with rich Industry Experience
• Skill Mix of Qualified Semi Qualified
• Professionals
• Domain Expertise in the areas of Accounting,
• Payroll, Taxation and allied Financial
  Services
• Over 200 years of combined top management
  experience

Employee Experience
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SBS India

• SBS India offers a wide range of Financial
  Services to meet varying needs of our
• clients. The legacy and the strong Client Equity
  of our sister concern Chartered
• Accountancy firm rubs on us in no small measure.
• The services that we offer in India include
  Finance Accounting (Outsourced
• Accounting), Payroll, Taxation, Consulting,
  Transaction Advisory, Project Financing,
• Cost Accounting Outsourcing, SAP Consulting
  Implementation Support, Valuation
• and Company Set Up.
• SBS India currently serve customers from
  different regions within the country.
• http//www.sbsindia.co.in

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Thank you