Accounting Back Office Partnership Proposal

Dr. Shobha Gupta President, S3G LLC

www.s3g.uswww.s3gaccounting.com

954-533-1297

Shobhagupta@s3g.usS3G: Smart – Secure – Scalable – Global Solutions

04/19/2023 S3G LLC 1

Partnership Goals

1. Bottom-line

• Up to 60% reduction in back-office costs.

2. Top-line

• Focus your time on generating revenue/acquiring clients.

• Spend less time hiring, training and managing.

Typical Costs Bookkeeping: from $25/hr General Accounting: from $35/hr QuickBooks services: from $50/hr

Expertise

Bookkeeping• Accounting data entry • Accounts Receivable/ Payable

Management • Bank and Credit Card Reconciliation • Trial Balance • Customized Financial Statements

QuickBooks Consulting• Initial installation & set-up• Online & Off-line• Chart of Accounts• HW/SW consulting• Training

Delinquent Accounting Services• Reviewing and correcting

erroneous/incomplete records & books • Managing backlog • Problem resolution• Consulting

Accounting Services• Year End Accounting • Fixed Asset Management • Payroll• Sales Tax • Income/Expense analysis• Budgets

Outsource the following fully managed Accounting

Services to S3G:

Benefits• Win-Win business partnership:

– Updated and corrected books available to CPA– CPA can focus on core value added services– $$ savings with very competitive pricing– Fully managed and supervised service

• All S3G staff is based locally in South Florida

• Assured Confidentiality

• Highest level of professional service with staff experienced thru working with customers over many years

• Continuous improvement in our service through innovation and automation

• Highest level of trust built over many years of ongoing relationships with staff and customers

Bookkeeping Process Flow

CPA: Bank statements, invoices, and other

documents received by CPA from the client

CPA/S3G: Document access provided to S3G: hard copy or electronic

S3G: Documents reviewed for

completeness. Bookkeeper granted

access to files

S3G: Data entered on-line or off-line into the Software system agreed

with CPA/client

S3G: Data reviewed and 2-level Quality check

done

S3G/CPA: Reports/e-files sent to CPA/client. S3G manages tracking

of progress and delivery

Data Security Commitment

1. Data transfer performance options:1. Via secure password-protected web portal2. Online software tools as per client business model

2. Client data access restricted to:1. Authorized designated bookkeepers on need to

know basis2. CPA3. Client authorized personnel

3. Confidentiality assured at all levels of data processing

Partnerships: Critical Success Factors

• Key contact in same time zone

• Trained and experienced team

• Skill-set in accounting and tools

• Client information confidentiality

• Clearly defined logistics and rules of engagement

• Quality assurance: monitoring and improvement

• Up-front agreement of terms and conditions to include turn around time, accuracy, and efficiency

• Cross training between various sites

• Reliable IT support

Partnership business model scenarios

A. AT(Accounting Team) markets S3G AT Find clients and negotiate projects AT sign contract with client AT hand over contract to S3G to manage S3G pays commission to AT per payment received

B. Accounting Team sub-contracts to S3G AT finds clients and negotiate projects AT signs contract with client AT maintains the client interface. S3G manages the Operations AT pays S3G for contract work

C. Accounting Team works as Project Managers AT finds clients and negotiate projects AT signs contract with client AT manages the Operations S3G assigns appropriate resource for AT to manage

Let’s Partner…….

1. Agree Partnership business model

2. Define responsibilities

3. Agree rules of engagement

4. Initiate a Pilot run with known client

5. Pilot process review, standardize the process

6. Launch the process for more clients…

Contact info

Dr. Shobha GuptaPresident

Office: (954) 533-1297 E-mail : shobhagupta@s3g.us

Shri GuptaCEO

Office: (954) 605-8256E-mail: shrigupta@s3g.us

http://www.s3gaccounting.com