FINANCE &

ACCOUNTING OUTSOURCING [ FAO ]

FINANCE &

ACCOUNTING OUTSOURCING [ FAO ]

q  40-55% LOWER THAN IN-HOUSE F&A q  CHEAPER ACCESS TO TECHNOLOGY & TALENT

q  REDUCED DEPLOYMENT TIME FOR TECHNOLOGY AND PROCESS

q  ACCESS TO BEST F&A PRACTICES

q  COST CONTROL USING ANALYTICS q  BETTER TURN AROUND TIME q  REDUCED DEFECT RATES

q  BUSINESS INTELLIGENCE REPORTS q  ALARM GENERATION FOR TIMELY

ACTION q  MULTILAYER REVIEW SYSTEM

FAO VALUE proposition FAO VALUE proposition Low OWNERSHIP COST

FASTER PAY BACK PERIOD

ENHANCED EPS

FRAUD DETECTION

               

Outsourcing NEED

Outsourcing NEED  

SMALL TO MEDIUM SIZED BUSINESSES

MONEY ON FINANCE & ACCOUNTING departments

FEEL THE PAIN FEEL THE PAIN OF SPENDING OF SPENDING

FORCED TO FORCED TO SPEND FUNDS SPEND FUNDS

BECAUSE OF THE EXPERTISE AND DEPTH OF EXPERIENCE REQUIRED WHICH COVERS

VITAL SERVICES LIKE

ACCOUNTING REPORTING COMPLIANCE

And still And still Suffer from Suffer from Low F&A maturity: manual & broken processes Resource constraints Cash flow issues Lack of robust technology

THE SOLUTION OUTSOURCING TO OFFSHORE BENCH

MARKET LEADER 55% SHARE OF GLOBAL SOURCING MARKET

COST COMPETITIVE

3-4X CHEAPER THAN US TALENT CAPITAL

>5 MILLION GRADUATES >3 MILLION WORKFORCE

STRONG ECOSYSTEM

43 TIER II/III CITIES MATURITY

USD 118 BILLION INDUSTRY

SOURCE: NASSCOM

INDIA’S OUTSOURCING CREDENTIALS: INDIA’S OUTSOURCING CREDENTIALS:

MANAGED BY EX-BIG4 CHARTERED ACCOUNTANTS TEAM’S COMBINED EXPERIENCE OF MORE THAN 100 YEARS STRONG INDUSTRY KNOWLEDGE FOCUSING ONLY ON SMEs

YOUR PREFERRED OUTSOuRCING

PARTNER

OFFSHORE BENCH

STARTUPS

SMALL TO MEDIUM ENTERPRISES

PRIVATE EQUITY FUNDS

ACCOUNTING FIRMS

OFFERING SOLUTIONS TO

ACCOUNTING PAYROLL

REPORTING COMPLIANCES

SPECIALIZATION IN COMPLETE FINANCE

OUTSOURCING FROM

PROCURE TO PAY -VENDOR DATA MAINTENANCE -INVOICE PROCESSING & PAYMENTS -VENDOR RECONCILIATIONS

ORDER TO CASH -ORDER CREATION -INVOICE GENERATION & PAYMMENT COLLECTION -CUSTOMER RECONCILIATIONS

RECORD TO REPORT -ACCOUNTING AND RECONCILIATIONS -FINANCIAL PLANNING & ANALYSIS -MIS REPORTING

FINANCIAL STATEMENTS -STATUTORY FINANCIAL STATEMENTS -PERIOD END REPORTING (MONTHLY, QUARTERLY) -TAX REPORTS

PAYROLL -PAYROLL ADMINISTRATION -TAX & STAT COMPLIANCES -ADMIN SUPPORT

AUDIT ASSISTANCE -PREPARATION OF SCHEDULING & WORKING PAPERS FOR AUDITORS -EXPERIENCED CAS WITH GAAP & IFRS KNOWLEDGE -QUALIFIED TEMP STAFF FOR SHORT ASSIGNMENTS

PERSONALISED DASHBOARDS -BUSINESS INTELLIGENCE TOOLS -REPORTS TO TRACK & MONITOR PERFORMANCE -DELIVERED THROUGH MOBILE APP

FINANCIAL PLANNING -INCOME STATEMENT ANALYSIS -BALANCE SHEET/CASH FLOW ANALYSIS -BUDGETING

WITH A WIDE ARRAY OF SERVICES

WITH A WIDE ARRAY OF SERVICES

COMBINING COMBINING

MANPOWER PROCESS TECHNOLOGY

KAPIL NIRAV NIMISH

CO-FOUNDER

12 YEARS OF EXPERIENCE

CHARTERED ACCOUNTANT & LAWYER

ALUMNUS OF DELOITTE

CO-FOUNDER

12 YEARS OF EXPERIENCE

CHARTERED ACCOUNTANT & COMPANY SECRETARY

ALUMNUS OF DELOITTE

CO-FOUNDER

12 YEARS OF EXPERIENCE

CHARTERED ACCOUNTANT & COMPANY SECRETARY

ALUMNUS OF EY & PWC

CORE TEAM CORE TEAM

Qualified Chartered Accountants

Commerce Graduates

And an ops team of 50+

PROCESS PROCESS

Client Team

Controller (IBA Team)

Accountants

Invoice Payments Leases Contracts Sales Order Requests Payroll questions etc.

Scan & Email Ticket

Payments/Cash flows Management Reports Board pack Regulatory Fillings (Review by external

accounting & fax/auditor)

Timesheet

Quickbooks/ Xero

Docs

                               

INDIA  

AUTOMATE WORK FLOW

COMMUNICATE WITH STAFF, VENDORS, CLIENTS

TRACK COMPLETE STATUS

ASSIGN, RESOLVE AND MOVE ON

CLOUD BASED ‘TICKETING

SYSTEM’ TO

SECURED CLOUD infrastructure TO DRIVE EFFICIENT AND ROBUST FINANCIAL DISCIPLINE

SECURED CLOUD infrastructure TO DRIVE EFFICIENT AND ROBUST FINANCIAL DISCIPLINE

INITIATION MIGRATION IDENTIFICATION

PLANNING

PREPARATION

KNOWLEDGE TRANSFER

PARALLEL RUN

GOLIVE

RISK MANAGEMENT THROUGH SEAMLESS MIGRATION

RISK MANAGEMENT THROUGH SEAMLESS MIGRATION

50% 50% CLIENT X BASED OUT IN US

CLIENT Y BASED OUT IN SINGAPORE

CLIENT X BASED OUT IN SWITZERLAND

CLIENT A BASED OUT IN AUSTRALIA

AVERAGE SAVING IN COST

52%

38%

45%

50%

46%

MORE THAN MORE THAN SAVING BUSINESSES SAVING BUSINESSES

AUSTRALIA

USA

UK

ARGENTINA

INDIA

SWITZERLAND

PHILIPPINES

OUR CLIENTS OPERATE ACROSS MULTIPLE ENTITIES AND OVER MULTIPLE COUNTRIES

OUR CLIENTS OPERATE ACROSS MULTIPLE ENTITIES AND OVER MULTIPLE COUNTRIES

NO COMPROMISE NO COMPLICATIONS

NO WORRIES

NEW DELHI B 9 GREEN PARK MAIN

NEW DELHI-110016 TEL: +91-11-46021550-46021552

NEW DELHI 403, THE COURTYARD, DLF PLACE SAKET, NEW DELHI 110017 INDIA

FOCUS ON YOUR BUSINESS & LEAVE THE REST TO US

OUTSORCE WITH

WWW.OFFSHOREBENCH.COM

MUMBAI Suite 1108, Level 11-1102, Peninsula Business Park,

Tower-B, S.B Road, Lower Parel, MUMBAI-400053