Financial Accounting Consultants, Payroll Consultants, International Strategic Alliances, Legal Support Services, Back Office Processing, Taxation Services To find out more call us on +91 80 40301700 to 1729
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.
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Financial Accounting Consultants, Payroll Consultants, International Strategic Alliances, Legal Support Services, Back Office Processing, Taxation Services To find out more call us on +91 80 40301700 to 1729
2. 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
3. WHY A STRATEGIC ALLIANCE?
To Maintain Leadership
To Improve Customer Focus & Delivery
To Address Specific Markets
To Gain Edge on Competition Markets
To Diversify within various geographical areas
To remain cost effective & competitive
To improve Customer throughput
To gain access to global domain experts & professionals
4. OFFSHORING – AN IMPORTANT STRATEGIC ALLIANCE INITIATIVE - FACTORS
To achieve process optimization and 58.4 26 15.6
become best-in-class
To leverage Domain Expertise 59.3 22.2 18.5
To free up internal resources 36.4 37.7 26
To make cost variable 39.7 43.6 16.7
To Enable greater scaling up 41.3 36 22.7
To Reduce Risk 42.5 37 20.6
To Comply with Global Best Practices 45.2 34.3 20.6
and Benchmarking
To Save Cost 46.3 41.3 12.5
To eliminate non-core activties 51.3 30.3 18.4
internally
SOURCE: CFO CONNECT 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%
DEC 2009
5. SIGNIFICANCE OF STRATEGIC ALLIANCES
To Improve
Customer
Focus &
Delivery
To
Maintain Team Work
Leadership
Strategic
Alliance
Passion for
Respect
Excellence
Trust
6. STRATEGIC ALLINCE - FORCES
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
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
7. STRATEGIC ALLINCE - FORCES
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
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
8. STRATEGIC ALLIANCE - SERVICE OFFERINGS
Invoice Processing
Collections and Cash Application
ORDER TO CASH Credit and Order Management
(ACCOUNTS RECEIVABLES) Reporting and Reconciliation
Shortened Month End Closure
Invoice Processing
Payment Process
PROCURE TO PAY Vendor Master Maintenance
(ACCOUNTS PAYABLES) Three Way Matching & Reconciliation
FINANCE & MIS & Reporting
ACCOUNTING
SERVICES
Periodic General Ledger Closing
Line Item Reconciliation
FINANCIAL STATEMENTS Finalization of Accounts
Preparation & Reporting of Final Accounts
Cost Analysis
MANAGEMENT Customer Profitability Analysis
Activity Based Costing
ACCOUNTING & ANALYSIS Variance Analysis
Performance Reporting
9. STRATEGIC ALLIANCE - SERVICE OFFERINGS
Salary Calculations and Processing
E Pay Slips
Reimbursements & Full & Final
PAYROLL Settlements
Statutory Compliance & Reporting
Individual Tax Returns
FINANCE & Partnership Tax Returns
ACCOUNTING TAX SERVICES C Corp & S Corp Returns
SERVICES Extensions
Estimated Tax Calculations
SOX Compliance
Financial Statement Audits
ASSURANCE & SUPPORT Controls Testing
SERVICES Risk Assessments
Reporting
10. STRATEGIC ALLIANCE – PERCEPTIONS & STRATEGIES
DIMENSION PERCEPTION STRATEGIES
Not confident of quality delivery SBS has a team of highly skilled professionals
COMPETENCY for optimization of Back office such as CA’s CPAs, MBAs using the latest
operations technology & established process to optimize
back office delivery
•Dedicated Team of Professionals offering 24*5
DISTANCE/ Dependence on the back office support
DEPENDABILITY staff for management reporting •Data & Reports available on the Client Server
•SBS serves as an extended Delivery Office
•Centralized Access Model with no data transferred to
SBS Local Directory
Confidential documentation •SBS signs an NDA
DATA SECURITY
shared •SBS has an NDA with all its employees
•Excellent Data Confidentiality & Fully Secured Delivery
Center
•SBS follows proven process procedures to make
it a success
FIRST HAND Offshoring option being tried out •Experienced Professionals for Migration &
EXPERIENCE for the first time Process Management
•Recommends to Start low and Scale up
11. SBS AS A STRATEGIC PARTNER
Strategic Partner Customer
Strategic Partner
STRATEGIC ALLIANCE
Improved TAT – Follow the SUN Model Exclusive Offsite Facility for Delivery
No Separate Infrastructure & Staffing Costs
Access to Domain Experts No Staffing Compliances
Operational Process Efficiencies
Best Practices & Process Controls
MARKET PENETRATION WITH ENHANCED OPERATIONAL PROFITABILITY
12. 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
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
13. 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
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