accounting back office partnership proposal

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Accounting back office partnership proposal. Dr. Shobha Gupta | President| S3G, LLC. Outsourcing goals. Bottom-line Up to 60% reduction in back-office costs. Top-line Focus your time on generating revenue/acquiring clients. Spend less time hiring, training, and managing. Typical Costs - PowerPoint PPT Presentation

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  • ACCOUNTING BACK OFFICE PARTNERSHIP PROPOSALDr. Shobha Gupta | President| S3G, LLC

  • OUTSOURCING GOALSBottom-lineUp to 60% reduction in back-office costs.Top-lineFocus 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 supportTBD CPA services: from $50/hr

  • S3G SERVICES OVERVIEWAccounting (Back-office Support)Bookkeeping, accounting, and tax preparation for individual and group practicesLitigation supportBusiness evaluationPayrollAudits, SOx

    Business Process Improvement ConsultingBusiness Process Audit Process OptimizationProcess Automation

  • EXPERTISE

  • BENEFITSMost 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

  • 1040 PROCESS FLOW

  • DATA SECURITY ASSURANCEData transfer via secure password-protected web portal, or use of online Software tools as per client business model

    Only authorized persons have access to client data - no paper allowed in work areas

    Specific accounting staff allocated to specific clients/projects. Staff are all permanent.

    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 FACTORSKey contact in same time zoneTrained and experienced teamSkill-set in accounting and tools Client information confidentialityClearly defined logistics and rules of engagementQuality assurance: monitoring and improvementUp-front agreement of terms and conditions to include turn around time, accuracy, and efficiencyCross training between various sitesReliable IT support

  • OUTSOURCING BUSINESS MODELSHire fully supervised manpower on hourly/monthly/yearly rates

    Hire dedicated manpower on monthly rates

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

    Open to other business-models

  • PARTNERSHIP BUSINESS MODEL SCENARIOS 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 Accounting Team works as the Client interfaceFind clients and negotiate projectsSign contract with clientAccounting Team maintains the client interface. S3G manages the OperationsAccounting Team pays S3G for contract work Accounting Team works as Project ManagersFind clients and negotiate projectsSign contract with clientS3G assigns resources in IndiaAccounting Team manages the OperationsCommission paid to S3G

  • Lets Partner.Agree Partnership business model

    Define responsibilities

    Agree rules of engagement

    Initiate a Pilot run with known client

    Pilot process review, standardize the process

    Launch the process for more clients

  • CONTACT INFODr. Shobha GuptaPresidentOffice: (954) 533-1297 E-mail : shobhagupta@s3g.us

    Ashish GuptaSales ManagerOffice: (954) 328-7649E-mail: ashishgupta@s3g.us

    http://www.s3gaccounting.com

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