Accounting Back Office Partnership P roposal Dr. Shobha Gupta President, S3G LLC
-
Upload
kenneth-douglas -
Category
Documents
-
view
34 -
download
0
description
Transcript of Accounting Back Office Partnership P roposal Dr. Shobha Gupta President, S3G LLC
Accounting Back Office Partnership Proposal
Dr. Shobha Gupta President, S3G LLC
www.s3g.uswww.s3gaccounting.com
954-533-1297
[email protected]: Smart – Secure – Scalable – Global Solutions
04/19/2023 S3G LLC 1
Partnership 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 $25/hr General Accounting: from $35/hr QuickBooks services: from $50/hr
Expertise
Bookkeeping• Accounting data entry • Accounts Receivable/ Payable
Management • Bank and Credit Card Reconciliation • Trial Balance • Customized Financial Statements
QuickBooks Consulting• Initial installation & set-up• Online & Off-line• Chart of Accounts• HW/SW consulting• Training
Delinquent Accounting Services• Reviewing and correcting
erroneous/incomplete records & books • Managing backlog • Problem resolution• Consulting
Accounting Services• Year End Accounting • Fixed Asset Management • Payroll• Sales Tax • Income/Expense analysis• Budgets
Outsource the following fully managed Accounting
Services to S3G:
Benefits• Win-Win business partnership:
– Updated and corrected books available to CPA– CPA can focus on core value added services– $$ savings with very competitive pricing– Fully managed and supervised service
• All S3G staff is based locally in South Florida
• Assured Confidentiality
• Highest level of professional service with staff experienced thru working with customers over many years
• Continuous improvement in our service through innovation and automation
• Highest level of trust built over many years of ongoing relationships with staff and customers
Bookkeeping Process Flow
CPA: Bank statements, invoices, and other
documents received by CPA from the client
CPA/S3G: Document access provided to S3G: hard copy or electronic
S3G: Documents reviewed for
completeness. Bookkeeper granted
access to files
S3G: Data entered on-line or off-line into the Software system agreed
with CPA/client
S3G: Data reviewed and 2-level Quality check
done
S3G/CPA: Reports/e-files sent to CPA/client. S3G manages tracking
of progress and delivery
Data Security Commitment
1. Data transfer performance options:1. Via secure password-protected web portal2. Online software tools as per client business model
2. Client data access restricted to:1. Authorized designated bookkeepers on need to
know basis2. CPA3. Client authorized personnel
3. Confidentiality assured at all levels of data processing
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
Partnership business model scenarios
A. AT(Accounting Team) markets S3G AT Find clients and negotiate projects AT sign contract with client AT hand over contract to S3G to manage S3G pays commission to AT per payment received
B. Accounting Team sub-contracts to S3G AT finds clients and negotiate projects AT signs contract with client AT maintains the client interface. S3G manages the Operations AT pays S3G for contract work
C. Accounting Team works as Project Managers AT finds clients and negotiate projects AT signs contract with client AT manages the Operations S3G assigns appropriate resource for AT to manage
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 GuptaPresident
Office: (954) 533-1297 E-mail : [email protected]
Shri GuptaCEO
Office: (954) 605-8256E-mail: [email protected]
http://www.s3gaccounting.com