IDOS

MAKING THE SIMPLE COMPLICATED IS COMMON PLACE; MAKING THE

COMPLICATED SIMPLE, AWESOMELY SIMPLE, THAT’S EXCELLENCE

– THAT’S IDOS FOR YOU!

WE SIMPLIFY ACCOUNTING & COMPLIANCE.

ACCOUNTING & AUDIT FUNCTION

Multi-tasking is the norm. Do you agree?

There is a perpetual race against

time

• Are you continually challenged with deadlines on accounts closure?

• Are you always running to get a clarification or any document which is

missing?

• Are you able to ensure compliance to internal controls at all

branches?

Questions / issues are repetitive

For a variety of reasons:

• The transaction details, narration, supporting

documents are not available.

• Staff commit errors in processing

transactions.

• Internal controls are not followed.

• Work is procrastinated.

• Transactions are not approved.

• Staff commit errors in applying tax.

• Spelling mistakes, input errors lead to

numerous items of duplicate nature in the

chart of account.

• Customer / vendor accounts need to be

reconciled / rectified.

• Instructions given by HO are not followed at

branches.

Existing systems / ERP are too complex

• They are expensive to implement and maintain at all branches / departments.• Customization is time consuming and expensive.

• Users need to be trained in making use of all necessary features.• Takes significant amount of time to implement.• Majority of the systems are not real-time and difficult to integrate.• Real-time supervision & audit is not feasible.

What if?• You could process transactions seamlessly and accurately without prior knowledge of

accounting or software?

• What if the system becomes a real-time supervisor and ensures that all transactions

are processed as per rules that you (HO / CFO / Management) sets up?

• What if you could make changes in the rules in real-time, without the help of software

experts?

What if?....

• Financial transactions can be

processed from any computer without

the need to install any software?

• You can access financial transactions

for supervision, approval, accounting

and for auditing, from any medium

and at any time and from any where?

• What if the system by itself sends you

an email of daily audit exceptions at

each branch? • System is intelligent enough to provide you necessary information needed

to take decisions?

• System automatically handles internal controls in real-time and compels all

staff to follow internal controls in a very simple manner?

• System identifies the user and automatically determines what he can do

and what he is not permitted to do?

What if there was a unique solution?

IDOS

• Transformational product with focus on three key aspects:

• Prevention of errors even before they occur.

• Real-time supervision & audit capability.

• Ease of use for end user (who could be someone with no accounting and / or

software knowledge).

• Processing any transaction would require the user to select an option under “WHAT

DO YOU WANT TO DO”

• Once user selects what he wants to do, IDOS takes over and guides the user on what

to do, how, what supporting documents are needed, what standing instructions

apply to this transaction, what are the monetary and budget limits, etc.

• IDOS identifies the branch and applies taxes applicable at that branch and user

need not compute taxes.

Key features of IDOS

Alert mechanism:

• IDOS enables head office / auditors / management to set up unique alerts for

statutory and operational aspects such as monthly tax filing, renewal of

registrations, submission of expense claims, submission of MIS reports, etc.

• A week before the due date, IDOS will provide real-time information to CFO /

concerned Managers regarding which branch has completed and which

branch has not completed the task.

Reconciliations:

• IDOS has created a simple and unique workflow which will help reduce (in

many cases eliminate) need for customer / vendor reconciliations.

• IDOS enables you to give online access to your customers and vendors to see

their accounts in your books and provide online confirmation of balance.

Language:

• IDOS has an unique capability to let user view details / instructions in the

language of their choice (40 domestic & international languages are

supported)

Supported by Microsoft

• IDOS was incubated at Microsoft ventures accelerator.

• IDOS is hosted on Microsoft Azure Cloud.

Do you like what you see?

Contact us for a demo to see how IDOS can add value to your

business operations.

sales@myidos.com

csrikanth@myidos.com

areife@myidos.com

www.myidos.com