Sbs global services profile - may '11

Synergy Business Solutions [India] Private Ltd.
- Your Performance Enhancement Partner

An introduction

January, 2012

Introduction

SBS – Your Performance Enhancement Partner

January, 2012 Confidential . Not for circulation

Who we are?

Synergy Business Solutions [India]
Private Ltd.

We are a Bangalore, India, based fast
growing Financial Services company.

SBS has an impeccable track record in
serving more than one hundred delighted
Customers across industries and
Geographies, since the year 2006.

http://www.sbsindia.co.in

http://www.sbsglobal.com



Our background

The back-born of Synergy Business Solutions
(India) Private Ltd. (SBS) is our CA firm, founded
in the year 1995 as an audit and assurance firm.
http://www.rhhpa.com

Over the years, the firm has grown and about five
years back, due to the increasing demand for
Outsourced Accounting, Payroll and related
services, SBS was established as a separate entity.

Our team comprises of qualified professionals
such as Chartered Accountants,
Cost/ Management Accountants, MBAs and
Semi qualified Finance Professionals.



The ground we covered

Since launch, SBS has hit a high growth
trajectory, acquiring over one hundred
Clients, across industries, in different geographic
locations.

Our professional, cost efficient and creative Services
and Solutions have delighted our Clients over the past
five years.



Global Customer Base

India Singapore Malaysia GCC UK
(Bangalore, Delhi, Chennai, Hyderabad) (Dubai) (London)

Luxembourg Germany Mexico USA
(Koln) (New York, California, Wisconsin)


$

Our Impact

Focus on core business issues
Relieved of operational pains in F & A, managerial bandwidth
is freed up to focus on core business issues

Increased Process Efficiency & Standardization
Significantly Improved Turn Around Time in the F & A function
through standardized, outsourced process

Industry Best Practices
We help our Clients adopt best practices in the Industry

Vastly improved Customer Satisfaction levels
Focus on Customer facing activities leads to higher levels of customer
satisfaction

Growth & Turn Around
We catalyzed Growth & Turn Around for many of our Clients.

Cost Saving
Overall cost savings over a period of time.



Our Services



Service Lines

I. Financial Accounting Services III. Company Set-up Services
End-to-end Accounting Company Formation
Financial Statements & Consolidation Company Statutory Registrations
Back Office Transaction Processing Company Secretarial Procedures
Contract Review & Reconciliation Overseas Entity Formation & Support
Taxation & Compliance
XBRL Reporting IV. Payroll Services
II. Cost Accounting Services Compensation Structuring
Payroll Processing & Reimbursements
Cost Accounting Services Payroll Compliance

II. Financial Services
Financial Consulting
Transaction Advisory



Financial Accounting Services
1.1 End-to-end Accounting

SBS India provides end to end services in Financial
Accounting, ideally suited for growing and mid-sized
organizations, to companies and organizations based
in India.

Our Financial Accounting Services cover the entire
spectrum in this domain including End to end Accounting,
Financial Statements Preparation, Review of Financial
Statements, Statutory Compliance, Fixed Assets
Accounting, Accounts Receivables, Accounts Payables,
General Ledgers, Consolidation, Accounting Platform
Migration, Management Accounting & Analysis.

We enable our Clients to focus on strategic business issues while an expert team of
SBS professionals provide them the necessary Financial Accounting support in a
safe, secure environment in a cost and time efficient manner.



1. 2 Financial Statements & Consolidation

SBS professionals help organizations in consolidating
their Group entities’ financial statements into one
consolidated statement.

Our Consolidated Statements bring together all assets,
liabilities, and operating accounts of the parent company
and its subsidiaries. It presents the financial position and
results of operations of the parent company and its
subsidiaries as if the group were a single company with
one or more branches.

We help the management to easily appreciate how the holding company is doing
as a group, through a consolidated statement which provides a true and fair view
of the financial and operating conditions of the Group.



1.3 Back Office Transaction Processing

We currently offer Back Office Transactions Processing
Services to our Clients from various industrial
Sectors in India. Our solutions and services are
Designed to suit the specific needs of our clients.
All our Back Office & Transaction Processing services
are based on the principles of speed, high accuracy
and reliability.

Outsourcing of such processes have created immense
value to our customers and have helped them focus on
Their business better.

We enable our Clients to devote their time and energies to strategic matters by
Outsourcing specific processes with well defined flow and Quality metrics.



1.4 Contract Review & Reconciliation

SBS team works closely with large firms – Financial
Institutions, Banks etc – in markets such as Asia and
US. We help our Clients reconcile different types of
accounts and review their Contracts, which can unlock
significant amounts of value.

SBS team of experts can support large organizations in Banking & Financial services
and other sectors through various specialized services resulting in substantial savings.



1.5 Taxation & Compliance

SBS Tax team offers Taxation Services to Companies, Firms
and HNIs in India.

Our Taxation service covers Returns and Associated Filings for
Companies, Partnership Tax Returns, HNI Tax Returns, Tax
Representations and Estimated Tax Calculations.

SBS team of Taxation experts can support the Companies, Firms and HNIs in
complying with the Tax return process in a timely and efficient manner.



1.6 XBRL Filing
Ministry of Corporate Affairs, Govt. of India, has mandated
certain category of companies to file audited financial
statement sin XBRL mode for the year 2010-11 onwards.

Listed companies

Indian subsidiaries of listed companies,

Unlisted companies with paid up share capital of `5 crore or more

Unlisted companies with turnover of ` 100 crore or more

Our professional tem of XBRL analysts can help such companies to comply with XBRL
filing and adhere to the MCA norms in this regard.



2. Cost Accounting Services

Under the recent Central Government notification on Common Cost Accounting Record
Rules read with section 209(1)(d) of the Companies Act 1956, certain categories of
companies in India are mandatorily required to keep cost records in respect of each of its
financial year commencing on or after the 1st day of April, 2011.

The Cost Accounting records so maintained shall be subject to audit, either compulsorily or
through specific notifications. Companies not covered by audit but required to maintain cost
accounting records are required obtain a compliance report from an in house Cost Accountant
or a cost accountant in full time practice.

SBS can support such organizations with all the necessary services in this regard,
except Cost Audit and compliance certification. However, SBS Cost Accounting
professionals can facilitate compliance report and Cost Audit, ensuring timely
adherence to the Government guidelines in this regard.



Financial Services
3.1 Financial Consulting

SBS India offers Financial Consulting Services to its
Clients which helps them manage their Finances better.

We offer a range of Financial Consulting Services covering
Expert Opinion, Finance Transformation Solutions,
Performance Measurement Solutions and Cost Optimization
Solutions.

SBS team of Financial Consultants helps our Clients to optimize costs and significantly
improve their Financial performance.



Financial Services
3.2 Transaction Advisory

SBS India offers Transaction Advisory Services with the
objective of assisting our Clients to make well informed
and well considered decisions during Mergers and
Acquisitions.

We help our Clients in the entire deal cycle covering
Target Identification, Valuation, Financial Due Diligence,
Transaction Structuring and Deal Completion Support.

Our Transaction Advisory Services intervention helps our Clients to minimize the
Acquisition time and enable growth in a relatively easy and faster mode. .



Company Set-up Services
4.1 Company Formation

SBS offers Company Set-up Services in India
with an objective to support the launch and
growth thereafter for our start-up Clients .

We provide a whole host of Company Set-up Services
for the benefit of organizations from across industry
sectors.

SBS facilitates a hassle-free launch for its Start-up and Global Clients in India and
supports their growth through our wide range of Service offerings.



4.2 Company Statutory Registrations

SBS offers Statutory Registration services covering
Income Tax registrations, Professional Tax, IEC Code
(Import Export Code), Employee Provident Fund
Registration, ESI Registration, Service Tax, PAN, TAN, VAT,
TIN, Shops & Establishment Act and Other Government
Registrations required for a new business entity.

SBS facilitates a smooth take-off for our Start-up and Global Clients in India by ensuring
Timely and efficient coordination of statutory registrations.



4.3 Company Secretarial Procedures

SBS offers Company Secretarial Services in India
with an objective to help our Clients in adhering to the
statutory requirements through a qualified Company
Secretary.

Company Secretarial Services offered by us are
provided keeping in mind the concerned industry
specifications. Our Maintenance of Statutory Records
services and Compliance Matters are in high demand
in the corporate sector.

SBS facilitates efficient administration of a company, particularly with regard to ensuring
compliance with statutory and regulatory requirements and for ensuring that decisions
of the Board of Directors are implemented.



4.4 Overseas Entity Formation & Support
With increasing levels of globalization, business
Organizations are eager to make the best of the
opportunities that are available away from their
home markets. However, the challenges, such as
country specific legal frameworks, tax structures
etc. that comes along with these global
opportunities, can take away precious
management time and bandwidth of the
Organizations.

SBS offers Overseas Entity Formation and Support Services to Indian and international
corporates in countries/ regions such Singapore, Australia, Malaysia, GCC, Untied
States, United Kingdom, Luxemburg and Mauritius, apart from India.



Payroll Services
5.1 Compensation Structuring
We have considerable experience in identifying
opportunities and leveraging them to assist
clients in formulating tax efficient strategies.
In particular, such structuring exercise can be
customized to our Clients’ requirements.

Our Payroll professionals advice our Clients on Tax
implications, inefficient policies, Compensation structure
options, Claims, Standard manual and Potential tax,
interest and penalty exposure (if any).

Our Payroll professionals help our Clients device innovative and efficient
compensation structures which optimize the pay outgo for the organization while
helping the employees maximize the benefits in a legally compliant manner.



Payroll Services
5.2 Payroll Processing & Reimbursements
Payroll Processing: Our expertise and use of best
in class technology enable us to do accurate monthly
payroll processing of varied complexity for our clients
across industry verticals. Our interactive Employee
Information Portal (EIP) feature facilitates Client
employees to log in and check their particulars such as
Salary, Leave, Tax etc.

Reimbursements Processing: SBS Payroll
professionals are trained to carry out various types of
reimbursements, CTC related and Business related, as
per the policy guidelines provided by our clients.
We customize the reimbursement cycle to suit the
requirements of our Clients as well.

Experienced SBS professionals perform Payroll operation using an advanced and
interactive tool, helping the Clients to have a timely and error free payroll for their
organization and save infrastructure and operation costs too.



Payroll Services
5.3 Payroll Compliance

SBS Payroll experts carry out the entire set of
activities involved in the production of the Payroll,
capturing the data and controlling it along with the
calculation of allowances, deduction, benefits and
the net wages as per the Client company policy
and in accordance to the Government regulations.

Our Payroll team adopts the best practices in industry that enable effective calculation
of pay components and funds distribution maintaining compliance with all regulatory
aspects.



Other Credentials



SBS Leadership Profile

CA Haridasan - B.Sc, ACA – Director & CEO

CA Haridasan is a science graduate and Member of Institute of Chartered

Accountants of India. He qualified in the year 1988 securing the award for

the best Final student at state level. Thereafter he commenced his

career in the field of Auditing from one of the leading Audit firms in Mumbai, India.

Having gained a good grasp of the Accounting and Auditing aspects, he moved to

the corporate world and worked with leading companies in the various functions and varied industries. With a

total post qualification experience of about twenty years, he has contributed to the success and growth of the

firm and many companies.

Apart from core Finance & Accounting Experience, he is also a Management and strategy expert and was

involved in top management strategy formulation, implementation and review in various companies. He

has completed management programs from Indian Institute of Management, Bangalore and from

leading Global Business Schools like IMD Lausanne, Switzerland.

http://www.linkedin.com/pub/panniyam-velli-haridasan/9/680/b00
SBS – – yourPerformance enhancement partner
SBS Your performance Enhancement Partner


Data Safety & Security

Highly Secure Network ensures the smooth functioning of a
Knowledge Process Organization.

Online and Offline Back Up and Support for critical Business
Data.

Linux based firewalls to Safeguard the network from virus
attacks.

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



Industry Footprint
Accounting Process

SBS currently provides IT
End-to-end Accounting Services Manufacturing
to Clients based 4%
4% 17%
4% Education
in India.
4% Hospitality/ Restaurant
Our Clients straddle 4% Health & Wellness
various sectors of the
4% Trading
Economy – from IT and 17%
Manufacturing to 4% Pharma
Education, Hospitality, Investment Company
Health & Wellness and 8%
Real Estate
Many others.
13% 17% Telecom
Travel & Tourism
Apparel



Industry Footprint
Pay Roll Process

SBS currently provides Education
Payroll Services
10%
to Clients based IT
in India.
10% 30% Hospitality/ Restaurant
Our Clients are from
Health & Wellness
various sectors of the
10%
Economy – from Telecom
Education and IT to
Hospitality, Health & Travel & Tourism
10%
Wellness, Telecom and
Travel & Tourism. 20% Investment Company
10%



A Few of our Prestigious Clients*

Services Automotive Telecom Insurance Real Estate
& Allied

Energy Hospitality/ Media & Advertising
Management Restaurants

* Some Clients are outsourced to us by our Allies



Testimonials

“SBS has stood by BCIL, at the time when it was required; the staff deployed are articulate and focused. The level
Of knowledge and experience SBS staff have are at par with Industry standard, and more to add, each one knows
what is expected of him/her and are thorough Professionals”

- A green Building solutions Company in India

“Team SBS is providing us excellent support with their expertise in Finance, Accounting, and compliance since our
inception in 2001. We at Igus are happy with their promptness, service quality, and professionalism being
demonstrated. They will be an ideal Accounting Service provider to any Corporate ”
- A German manufacturing Group

“We would like to inform you that our accounting, Taxation, Compliance, Payroll, Audit etc. are managed by SBS
Global services and its associate concerns thru their partners/ directors consisting of Mr. P. Haridasan & team for
the last 8 years. We found them to be good and their services are very satisfactory. We are glad to recommend
them to you for Accounting, Taxation, Auditing, Compliance and other related areas.”

- A Japanese company

“Three months in to the relationship with SBS we find P&L and all other financial numbers done in time which is
exception”
- Manufacturing company based in Bangalore


Employee Expertise & Experience

Integrated Team with rich Industry Experience Employee Expertise

Skill Mix of Qualified & Semi Qualified
Professionals

Domain Expertise in the areas of Accounting,
Payroll, Taxation and allied Financial Services

200 years of combined management experience

Employee Experience



SBS Global Services

Our international Services division offers a wide range of Financial Accounting Services
With Knowledge Process Outsourcing being our core offering.

We possess competencies and bandwidth capable of meeting large Back Office
Processing and Outsourced Accounting Service requirements. Our expertise and
capabilities extend to Payroll Management, Specialized Services (Financial Statements &
Reporting, Contract Review & Reconciliation), Taxation, India Entry Services and
Overseas Entity Formation & Support Services as well.

SBS Global Services currently serve customers from USA , Europe, Middle East and
South East Asia.

http://www.sbsglobalservices.com



Contact

Director
director@sbsindia.co.in

Head – Strategic Growth & Marketing
strategicgrowth@sbsindia.co.in

enquiry@sbsindia.co.in

India Office

Synergy Business Solutions (India) Private Ltd.
Laxmi Chambers, II Floor, I Main, ‘C’ Block, AECS Layout
Kundalahalli, Brookefield, Bangalore - 560 037
Ph: +91 80 4030 1700 – 24 Direct: +91 80 4030 1726
Fax: +91 80 4030 1730

URL: http://www.sbsindia.co.in ; http://www.sbsglobalservices.com
http://www.indiamart.com/synergybusiness-solutions/



Thank you



Sbs global services profile - may '11

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