Professional Documents
Culture Documents
An introduction
December 2012
Who we are?
Synergy Business Solutions [India] Private Ltd.
We are a Bangalore, India, based ISO 9001:2008 Certified fast growing Financial Services company, having an impeccable track record with more than one hundred delighted customers across geographies. http://www.sbsglobalservices.com
Our background
The successful practice of our sister concern Chartered Accountancy firm, over the past fifteen years, paved the way for the establishment of SBS in the year 2006. The expertise of our leadership with a rich and long professional career background and the Client equity acquired over the years powered SBS during the take-off.
http://www.rhhpa.com
Growth so far
Since launch, SBS Global Services has hit a high growth trajectory, acquiring over one hundred Clients across industries, globally and providing creative and cost efficient Financial Services Solutions to them. Our professional, cost efficient and secure Services and Solutions have delighted our Clients over the past four years.
India
(Bangalore, Delhi, Chennai, Hyderabad)
Singapore
UK
(London)
Luxembourg
Germany
(Koln)
Mexico
USA
(New York, California, Wisconsin)
Our Impact
Cost Saving
Cost and currency arbitrage along with our collaborative approach enables substantial savings in cost of Finance & Accounting Operations
Process Standardization
Standardization of process enables growth
Service Lines
1. Accounting Services
SBS currently offers various Outsourced Finance & Accounting Services suited for Asia, Far East, Europe and US regions.
We enable our clients to focus on strategic business issues while an expert team of SBS professionals provide them the necessary Finance & Accounting support in a safe, secure environment in a highly cost and time efficient manner.
SBS Finance & Accounting professionals can remote log-in to the client server and complete the Finance/ Accounting process, saving infrastructure and operation costs.
1. Accounting Services
Invoice Processing Collections & Cash Application Credit and Order Management Reporting and Reconciliation Shortened Month End Closure Invoice Processing Payment Process Vendor Master Maintenance 3 Way Matching & Reconciliation MIS & Reporting
Periodic General Ledger closing Line Item Reconciliation Finalization of Accounts Preparation & Reporting of Final Accounts
FINANCIAL STATEMENTS
Cost Analysis Customer Prof itability Analysis Activity Based Costing Variance Analysis Perf ormance Reporting
2. Payroll Services
SBS currently offers various Payroll services suited for large and small organizations from diverse industries in Asia and Europe regions.
We enable our clients to have a timely, accurate and error free payroll for their organization.
SBS Payroll professionals can remote log-in to the client server and complete the Payroll process, saving infrastructure and operation costs.
2. Payroll Services
New employee creations Tax Card updations Address modif ications Bank code & Cost Centre updations
Permanent Information
Variable Elements
PAYROLL SERVICES
Salary Calculation
Periodic Lunch Vouchers, Car Allowance & pension Overtime hours updations Non Periodic 13th month & Outstanding holidays pay
Validating the updations Generating the Payslips Analysis of Salary dif f erence
Report Generation
Bank Transf er Tax Declaration Any other report as per client specif ications
3. Specialized Services
SBS team works closely with large firms Financial Institutions, Banks etc in markets such as Asia and US.
We help our Clients consolidate various statements, reconcile different types of accounts and review their Contracts. We also support them in large volume Back Office Processing.
SBS team of experts can support large organizations in Banking & Financial services Sector through in various specialized services resulting in substantial savings.
3. Specialized Services
Consolidation of Financial statements Business Intelligence & Reporting Analysis & reporting
SPECIALIZED SERVICES
Financial and other large volume Reconciliation Contract Review & Vendor Account Reconciliations Inter-company Reconciliations
4. Taxation Services
SBS Tax team works closely with professional firms in markets such as Asia and US. We help our clients in preparation of various kinds of Tax statements and returns to comply with the Tax norms of the country.
SBS team of Taxation experts can support the professionals and complete the Tax return process, considerably saving infrastructure and operation costs
SBS facilitates a hassle-free entry to India for multinational companies and supports their growth in India through our wide range of Service offerings.
Pre-entry Support
Set up services
Initial HR assistance
&
SBS offers Overseas Entity Formation and Support Services to Indian and international corporates in countries/ regions such as Singapore, Australia, Malaysia, GCC, Untied States, United Kingdom, Luxemburg and Mauritius, apart from India.
Process Flow
Scanning the Documents
Documents Uploaded to SECURED ACCESS FOLDER ONLINE
DATA FILES
SBS Staff digitally authorized to access Secured Client Folder through an Internet connection No transfer of documents required to SBS Local Directory Data Files accessed from Client FTP/ Secured Access Folder Data Entry & Accounting completed on the Client ERP Reports saved on the Clients Secured Access Shared Folder The process designed to ensure strict control from the Clients perspective
Double Back Up Power Supply (Generators, UPS) Bio Metric Access Control Intrusion Detection/ Prevention System Strictly Compliant IT Policies Instant Scalability of operations for process migration Every employee of SBS signs a mandatory Non Disclosure agreement
Quality Process
Our Quality Policy: We are committed to provide world-class services to our customers. We shall continuously improve the processes and apply quality practices to meet or exceed clients requirements resulting in customer satisfaction. A well defined Quality Manual. A well defined Training Module for each segment.
Multiple Stages of quality checks. Checklists at each stage to ensure that everything is right.
Six Sigma at Process and Customer Level. A well documented Customer Feedback Process. A well defined Escalation Matrix for faster resolution. Customer Communication at each level.
Other Credentials
Membership Membership Membership : Top management and professionals are members of the Institute of Chartered Accountants of India (ICAI) (www.icai.org). : Company is a member of the Confederation of Indian Industries (CII) (www.cii.in). : Company is a member of the Federation of Karnataka Chambers of Commerce and Industry (FKCCI) (www.fkcci.org).
ISO 9001:2008 : Company is an ISO 9001: 2008 Certified Outsourcing Company, certified by the professional bodies; NABCB (www.qcin.org/nabcb) and UKAS (www.ukas.com).
Accounting Process
IT Retail Hospitality/ Restaurant Manuf acturing Education Others Trading Recycling Health & Wellness Apparel Pharma Industrial Maintainance Construction Banking & Finance Gems & Jewellery Real Estate Telecom Travel & Tourism
Others
2% 2% 2% 2% 2% 2% 5% 5% 7% 46% IT
2% 2% 2% 11% 2% 2% 2% 2% 2% 5% 5%
Logistics Education
Hospitality/ Restaurant
11%
5%
7% 9% 9% 9%
11%
Insurance
Retail
7%
7% 11%
Telecom
Apparel
Employee Experience
SBS India
SBS India offers a wide range of Financial Services to meet varying needs of our clients. The legacy and the strong Client Equity of our sister concern Chartered Accountancy firm rubs on us in no small measure.
The services that we offer in India include Finance & Accounting (Outsourced Accounting), Payroll, Taxation, Consulting, Transaction Advisory, Project Financing, Cost Accounting Outsourcing, SAP Consulting & Implementation Support, Valuation and Company Set Up. SBS India currently serve customers from different regions within the country. http://www.sbsindia.co.in
Thank you