Outsourcing Outsourcing SpecialistsSpecialists

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

OUTSOURCING GOALSOUTSOURCING GOALS1. 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 OVERVIEWS3G 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

EXPERTISEEXPERTISE

Bookkeeping•Accounting data entry •Accounts Receivable/ Payable Management •Bank and Credit Card Reconciliation •Trial Balance •Customized Financial Statements

Tax Preparation•Personal & Business Tax Returns•1040 preparation support for Accounting firms•Payroll and Sales Tax Reporting •Year-End Tax Planning

Accounting Systems•Online and Off line system set-up •HW /SW consulting •Bookkeeping and Tax filing•Training

Accounting Services•Year End Accounting •Fixed Asset Management •Business audit/evaluations •Inventory control and analysis •Legal search, e-discovery•IPR

Outsource the following fully managed Accounting

Services to S3G:

BENEFITSBENEFITS• 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 FLOWBOOKKEEPING PROCESS FLOW

1040 PROCESS FLOW1040 PROCESS FLOW

DATA SECURITY ASSURANCEDATA SECURITY ASSURANCE1. 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 FACTORSPARTNERSHIPS: 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 MODELSOUTSOURCING 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 SCENARIOSPARTNERSHIP BUSINESS MODEL SCENARIOSA. 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…….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 INFOCONTACT INFODr. Shobha GuptaPresident

Office: (954) 533-1297 E-mail : shobhagupta@s3g.us

Ashish GuptaSales Manager

Office: (954) 328-7649E-mail: ashishgupta@s3g.us

http://www.s3gaccounting.comhttp://www.s3gaccounting.com