ACCOUNTING BACK OFFICE PARTNERSHIP PROPOSAL

Dr. Shobha Gupta | President| S3G, LLC

Outsourcing
Specialists
OUTSOURCING 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 $15/hr
General Accounting: from $35/hr
Litigation support TBD
CPA services: from $50/hr
S3G SERVICES OVERVIEW
• Accounting (Back-office Support)
– Bookkeeping, accounting, and tax preparation
for individual and group practices
– Litigation support
– Business evaluation
– Payroll
– Audits, SOx……

• Business Process Improvement Consulting

– Business Process Audit
– Process Optimization
– Process Automation
EXPERTISE
Bookkeeping Accounting Services
• Accounting data entry •Year End Accounting
• Accounts Receivable/ Payable •Fixed Asset Management
Management •Business audit/evaluations
• Bank and Credit Card Reconciliation •Inventory control and analysis
• Trial Balance •Legal search, e-discovery
• Customized Financial Statements •IPR
Outsource the following fully
managed Accounting
Services to S3G:
Tax Preparation Accounting Systems
• Personal & Business Tax Returns • Online and Off line system set-up
• 1040 preparation support for • HW /SW consulting
Accounting firms • Bookkeeping and Tax filing
• Payroll and Sales Tax Reporting • Training
• Year-End Tax Planning
BENEFITS
• Most competitive pricing as our staff is based in medium sized
cities in India( Indore, Kanpur ) where the
infrastructure/education levels are equal to large cities, but
the cost of living is much lower

• Client interface (S3G) is based in Florida

• Trust - built with over 25 years of ongoing relationships with

staff in India

• Highest level of professional service – our staff are retained for

long-term assignments

• Confidentiality assured

• Ongoing programs to continuously improve our service

through innovation and automation
BOOKKEEPING PROCESS FLOW
S3G: Scanned images
CPA: Bank statements,
CPA/S3G: Documents and PDF files reviewed
invoices, and other
scanned and e-files and uploaded to secure
documents received by
compiled server. Project Manager
CPA from the client
granted access to files

India Team: Data

India Team: Project
India Team: File access entered on-line or off-
Manager reviews files
provided to trained line into the Software
and assigns tasks to
Bookkeeper(s) system agreed with
India Team
CPA/client

India Team: Report

India Team: Data
and/or e-files sent to
reviewed by Chartered
CPA/client. S3G manages
Accountant and 2-level
tracking of progress and
Quality check performed
delivery
1040 PROCESS FLOW
S3G: Scanned images
CPA: Documents CPA/S3G: Documents and PDF files reviewed
received by CPA from scanned and e-files and uploaded to secure
client compiled server. Project Manager
granted access to files

India Team: Project

India Team: File access India Team: Tax Return
Manager reviews files
provided to trained Tax prepared using Software
and assigns tasks to
Preparer of CPA/client’s choosing
India Team

India Team: Data India Team: Tax Return

reviewed by Chartered softcopy sent to CPA.
Accountant and 2-level S3G manages tracking of
Quality check performed progress and delivery
DATA SECURITY ASSURANCE
1. Data transfer via secure password-protected web
portal, or use of online Software tools as per client
business model

2. Only authorized persons have access to client data - no

paper allowed in work areas

3. Specific accounting staff allocated to specific

clients/projects. Staff are all permanent.

4. Security and authorization similar to on-site accounting

firms with multiple staff dealing with same clients i.e.
controlled log-in and confidentiality commitment
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
OUTSOURCING BUSINESS MODELS
1. Hire fully supervised manpower on
hourly/monthly/yearly rates

2. Hire dedicated manpower on monthly rates

3. Fixed per-project costs: $$ agreed up-front

4. Open to other business-models…

PARTNERSHIP BUSINESS MODEL SCENARIOS
A. Accounting Team works as marketing arm of S3G
 Find clients and negotiate projects
 Sign contract with client
 Hand over to S3G to manage the contract
 Commission paid per payment received or a fixed upfront
commission
B. Accounting Team works as the Client interface
 Find clients and negotiate projects
 Sign contract with client
 Accounting Team maintains the client interface. S3G manages the
Operations
 Accounting Team pays S3G for contract work
C. Accounting Team works as Project Managers
 Find clients and negotiate projects
 Sign contract with client
 S3G assigns resources in India
 Accounting Team manages the Operations
 Commission paid to S3G
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 Gupta
President
Office: (954) 533-1297
E-mail : shobhagupta@s3g.us

Ashish Gupta
Sales Manager
Office: (954) 328-7649
E-mail: ashishgupta@s3g.us

http://www.s3gaccounting.com