Accounts Payable and Receivable Services | IBN Technologies - PowerPoint PPT Presentation

About This Presentation
Title:

Accounts Payable and Receivable Services | IBN Technologies

Description:

IBN provides cost effective account payable & receivable services with Purchase to Pay, Order to Cash, Record to Report for the clients in the US & UK – PowerPoint PPT presentation

Number of Views:187

less

Transcript and Presenter's Notes

Title: Accounts Payable and Receivable Services | IBN Technologies


1
ISO 90012008 Company
Finance and Accounting Services
2
IBN Overview
  • IBN Technologies Limited is an ISO 90012008
    Company that has been providing high value-added
  • IT/ITES business services solutions to
    organization of all sizes.
  • IBN was founded by Ajay Mehta in 1999 as a
    privately held IT Company that specialized in
    Software
  • Resources and Technologies.
  • The early mission of IBN focused on rendering
    Application Development Network Management
  • Services.
  • In 2004 IBN ventured in BPO service space by
    offering Finance Accounting Services, Back
    Middle
  • Office Services to Hedge Funds FOF and
    other BPO Services to Travel Sector.
  • Headquartered in Pune, India which is well known
    as Oxford of the East. IBN has its marketing
    offices
  • in UK and USA.
  • IBN team consists of 75 Certified Professionals
    like Graduates/Post-Graduates /CPAs/CAs /CFAs
  • /CMAs/Microsoft Certified Professionals with
    diverse experience in field of Accounting,
    Finance,
  • Investment, IT Software Technologies.

Mission Statement IBNs mission is to be
recognized within the industry as a global
service provider of offshore services ranging
from Back Office Services in Investment
Management and Financial Accounting sectors to IT
sector with high quality and control.
Vision Statement IBNs vision is to become the
most sought after multi service provider by way
of consistency in delivering quality and value
multiplying services within the constraint of
time and capital under the arc of compliance to
regulations concerned.
www.ibntech.com
3
IBN Capabilities
  • IBN Credentials
  • One of the upcoming outsourced shared services
    organization rendering services to CPA /
    Accounting
  • Firms Corporate houses
  • A tier II supplier in US and UK and one of the
    very few true end-to-end Finance Accounting
    service
  • providers to CPA / UK Accounting Firms and
    SMEs.
  • Registered STPI unit with Software Technology
    Park of India (STPI) Pune, a government of
    Indias
  • set up for IT-Enabled Sector (BPO).
  • Registered member of NASSCOM.
  • Strengths
  • ISO 90012008 Company
  • Located in Pune which is also known as Oxford
    of East with more than 1000 colleges and
    institutes
  • providing strongest density of Graduates and
    Post Graduates.
  • Dedicated 247 IT Professionals team supporting
    BPO operations, standby servers, 200 power back
  • up and redundant data and telecommunication
    links.
  • Industries
  • Alternative Investment (HF/FOF)
  • Investment Management Co
  • US CPA Firms
  • UK Accounting Firms
  • Travel Companies Tourism Corporations
  • Manufacturing Retail.
  • Services
  • Finance Accounting
  • Back Middle Office Fund Administration
  • Quantitative Analysis
  • Application Development,
  • Software Solutions like CRM , ERP, Trade
  • Retail Mgmt System, Portfolio Mgmt, and
  • Online Travel Management.

www.ibntech.com
4
IBN Offshore Center
Industry standard facilities at strategically
located premises in Pune ensure the best
services. For smooth running of IBNs Delivery
center a dedicated Administrative/ Technical team
ensures 100 uptime.
  • 24 hours Power Supply with UPS and Genset
    backup
  • Redundancy with Multiple ISP for internet
    connectivity
  • Documented security procedures
  • 24 x 7 guarded entrance and escorted entry to
    server room and staging areas

Development / Delivery Facility
  • RAID and USB Hard Drives On-site Off-site
  • Black ICE / ISA Security Systems Implemented
  • Closely follow CERT recommendation for Security
    and Back up implementation.

Backup/Security Facility
  • Bandwidth 4 MBPS ILL with 8 MBPS x 4
    Redundant broadband link
  • Servers High end servers Dual Processor
    server for application and database
  • Management with Windows 2003 and Red Hat Linux
    system with necessary remote Management
    Reporting Tools
  • Dedicated P4 machines with Required Application
    and Tools installed
  • VOIP Support US UK dialing
  • 100/1000 MPBS LAN
  • Cisco, DAX and Net Gear Routers
  • Intel and D-link managed Switches

Hardware/ Technical Setup
www.ibntech.com
5
IBN FA Service Accounting Firm (UK)
Accounting Business Support Accounting
Support, Financial Analysis, Process Governance,
MIS, Project Accounting
Team CPAs/ CAs/ Post-graduates with over 7
years of experience
Financial Planning Services Budgeting
Financial Planning Forecasting
Reporting Services Analytical Support,
Expense/Revenue Allocation, Performance
Management, Entity/Regulatory Reporting
  • Book-keeping Services
  • General Ledger
  • Invoicing
  • Accounts Payable
  • Accounts Receivable
  • Bank Reconciliation
  • Credit Card Reconciliation
  • Fixed Assets Management
  • Accounting Services
  • Financial Statement Preparation
  • VAT Preparation
  • Cash Flow Budgeting
  • Monthly/ Quarterly/ Year-End
  • Preparations
  • MIS Preparation
  • Costing
  • Software used
  • Sage Line 50
  • IRIS
  • VT Transaction
  • Viztopia other
  • similar Accounting Software
  • Treasury Cash Management
  • Bank Reconciliation
  • Cash Flow Statement
  • Cash/ Treasury
  • Management
  • General Accounting
  • Book-keeping
  • General Ledger
  • A/R A/P Processing
  • Fixed Asset Mgmt
  • Employee Payment
  • Payroll Processing
  • Employee Tax
  • Business Expenses
  • Management
  • Others
  • Finance Reconciliation
  • Consolidation
  • MIS Preparation
  • Inter and Intra-
  • company

Finance System Services Maintenance Support,
E-enablement, SOX Compliance, ERP-optimization,
Operations Infrastructure,
  • Payroll Services
  • Payroll Processing
  • Statutory Payments SSP, SMP, SPP
  • Human Resources Reporting
  • Time Attendance Recording
  • P11, P14, P35, P45 Part1,
  • P45 Part2, P46, P60

FA Shared Service Management Commercial, HR,
Service Improvement, Client Management, Service
Management
Help Desk
  • Team
  • Current Team Strength of 35 Professionals with
    over 7 years of experience
  • Team of Consultants from various Domains
    Industries
  • Team of Software Consultant

www.ibntech.com
www.ibntech.com
6
IBN FA Service CPA Firm (USA)
Accounting Business Support Accounting
Support, Financial Analysis, Process Governance,
MIS, Project Accounting
Team CPAs/ CAs/ Post-graduates with over 7
years of experience
Financial Planning Services Budgeting
Financial Planning Forecasting
Reporting Services Analytical Support,
Expense/Revenue Allocation, Performance
Management, Entity/Regulatory Reporting
  • Book-keeping Services
  • General Ledger
  • Invoicing
  • Accounts Payable
  • Accounts Receivable
  • Bank/Credit Card
  • Reconciliation
  • Asset Management
  • Tax Preparation
  • Individuals 1040, 1040A,
  • 1040EZ, 1040NR
  • Partnerships 1065
  • Corporations 1120, 1120S
  • Fiduciaries 1041
  • Non-Profits 990
  • Estate Gift Tax - 706
  • Bookkeeping Software
  • QuickBooks
  • Peachtree
  • Sage
  • Quicken
  • ERPs
  • Tax Software
  • Intuits Lacerte
  • Ultra-Tax
  • Intuits ProSeries
  • ATX
  • Drake Tax
  • Treasury Cash Management
  • Bank Reconciliation
  • Cash Flow Statement
  • Cash/ Treasury
  • Management
  • General Accounting
  • Book-keeping
  • General Ledger
  • A/R A/P Processing
  • Fixed Asset Mgmt
  • Employee Payment
  • Payroll Processing
  • Employee Tax
  • Business Expenses
  • Management
  • Others
  • Finance Reconciliation
  • Consolidation
  • MIS Preparation
  • Inter and Intra-
  • company

Finance System Services Maintenance Support,
E-enablement, SOX Compliance, ERP-optimization,
Operations Infrastructure,
  • Payroll Services
  • Payroll Processing
  • Payroll Tax Compliance
  • Human Resources Reporting
  • Time Attendance Systems
  • 940 941s
  • W2 W4 Reporting
  • Quarterly Annual Tax
  • Accounting Services
  • Financial Statement
  • Preparation
  • Cash Flow Budgeting
  • Monthly/ Quarterly/
  • Year-End Preparations
  • MIS Preparation
  • Costing
  • Financial Analysis

FA Shared Service Management Commercial, HR,
Service Improvement, Client Management, Service
Management
Help Desk
  • Team
  • Current Team Strength of 35 Professionals with
    over 7 years of experience
  • Team of Consultants from various Domains
    Industries
  • Team of Software Consultant

www.ibntech.com
www.ibntech.com
7
Data Management
Method 1 - Remote Desktop
  • Data and Software resides at client system only
    and we access the System through Remote Desktop
    Facility to view and process the data at client
    side only

Process at Client Office
Documents are Scanned
Server at Client Office with Software Scan
Images of Document
Receive Data Info
Indian Processing Facility with Dual Monitors
www.ibntech.com
8
Method 2 - Offshore Processing
  • Client uploaded the data at Secured Online Data
    Management System for data team access and to
    process it at IBNs facility. After completion
    the data files are uploaded to the online Data
    Management System and client download the
    processed data backup from the DMS. All the data
    loaded to DMS resides on these servers and never
    leave UK shore.

Process at Client Office
Scanned documents uploaded at Online DMS
Client Office in UK
Documents are collected Scanned
Data Management Server at secured location in UK
with Scan Images of Document
Remote Connection to Client System to access
software
Scan Images are viewed online
Indian Processing Facility with Dual Monitors
www.ibntech.com
9
Transition Phases
Ongoing
10-15 Days
2-3 Days
1-2 Days
Initiation
Knowledge Transfer
Transition
Steady Phase
Onsite IBN Coordinator (If Required)
Onsite IBN Coordinator (If Required)
Onsite IBN Coordinator (If Required)
IBN Offshore Team
IBN Offshore Team
IBN Offshore Team
IBN Offshore Team
Onsite IBN Coordinator can be provided to
ensure smooth Transition Knowledge Transfer.
All discussions will be done in person between
Client and Onsite IBN Coordinator and in turn
between Onsite IBN Coordinator and IBN Offshore
Team.
www.ibntech.com
10
Offshore Communication
Microsoft Outlook 2007 Microsoft Project
VOIP Support USA/UK Inbound Number
E-mail
Telecon
IBN Team Onsite Coordinator (If Required)
Offshore Team (IBN Center)
Messenger
Net Meeting
CRM
  • Skype
  • Yahoo Messenger
  • MSN
  • Google Talk
  • Microsoft Net Meeting
  • Gotomeeting
  • Techinline
  • GoToMy PC
  • Logmein

www.ibntech.com
11
Value Proposition
  • Low Cost of Ownership
  • Dedicated Team of Qualified and Certified
    Professionals
  • Dedicated 24/7 IT Professionals
  • Full Redundancy
  • Data Security

BUILDING BLOCKS TO SUCCESS
BUILDING A PARTNETSHIP
STRATEGIC COMPETITVE ADVANTAGE
PERFORMANCE DELIVERED
Greatest Possible total returns to shareholders
Achieving Clients Satisfaction
BETTER OPERATING MODEL
ENHANCED CONTROL FRAMEWORK
CERTAINTY OF QUALITY WORK
Operational Excellence
Enhanced MIS system capability
CLEAN AUDIT REPORTS
ECONOMIC HUMAN CAPITAL
RESPONSIBILITY
Enriched Resources
Freeing Valuable Resource Time
REQUIREMENTS
INNOVATIONS
PROVIDING INFRASTRUCTURE
Adds to core competencies
Provides Strategic Core Competencies
FOCUS
FLEXIBITY IN OPERATIONS
OPERATIONAL
Provides competitive advantage
DECIDE CHANGES
Fluid Operations
Client
IBN
www.ibntech.com
12
Recognition
  • Registered member of ESC (Electronic Computer
    Software Export Promotion Council) sponsored by
    Government of India.
  • Registered STPI unit with Software Technology
    Parks of India (STPI) Pune, a Government of
    Indias set up for IT-Enabled Sector.
  • IBN processes are in compliance to standards
    followed by Industry leaders (Top 10 Indian
    IT/ITES Companies).
  • IBN Quality Management Systems are in compliance
    to ISO 90012008 Standards

IBN is registered STPI Unit. STPI is a society
set up by the Department of Communication
Information Technology, Government of India in
1991.
IBN is registered IT vendor of CMC Limited, a
subsidiary of TCS Company which is one of the
worlds leading IT Consulting and Service
provider.
IBN is registered Member of NASSCOM which is
premier trade body and the chamber of commerce of
the IT-BPO industries in India
IBN is registered ESC Member. ESC is sponsored
by Government of India.
www.ibntech.com
13
Thank You
Contact Us
Head Office CyberNex, 4th Floor Shankar Sheth
Road, Swargate, Pune, Maharashtra 411037 T 91
20 2426 4182 / 83 F 91 20 2426 4184 E
info_at_ibntech.com
London Office Mirabelle House, 26, Barclay Road,
Croydon, Surrey CRO 1JN. London. UK T 44 20
3129 8807 F 44 20 7022 1713 E
info_at_ibntech.co.uk
2015 IBN Technologies Limited. All rights
reserved.
www.ibntech.com
Write a Comment
User Comments (0)
About PowerShow.com