This document discusses co-sourcing as an alternative to traditional outsourcing models. It proposes that co-sourcing involves the client owning infrastructure, processes, and technology while an offshore partner manages operations. This allows for savings of 40-50% on employment costs while providing daily interaction between client and offshore teams. The document then outlines how an offshore bench model works, providing infrastructure, staffing, and operational support while clients retain ownership and control.
3. Cost savings
Decision support
efficiency
One of the most important driver,
we offer cost savings up to 52%
Increased supports to decision
making process
Increase in overall efficiency
through core focus by up to 30%
§ India has 55% share in global outsourcing
market
§ Provides cost savings up to 40%-70% depending
upon on-shore location
§ Talent capital of world, with over 5 million
graduates and 3 million skilled workforce
§ Highly Matured Industry – USD 118B
§ Strong Ecosystem – 43 Tier II/ Tier III cities
WHY
INDIA ?
4. OUTSOURCING SIMPLIFIED
TYPICAL OUTSOURCING OFFSHORE BENCH’S CO-SOURCING MODEL
§ Contracting work to
a third party
§ Specific jobs
offshored with
limited scope
§ Least connect with
the team or rather
doesn’t know who
carries out the work
§ Least control over
resource quality,
performance, only
concerned with
deliverables
§ This is what we
expertise in
§ We not just help
you outsource,
we co-source
§ Complete
solution,
infrastructure,
legal,
operation,
finance, HR
handled by us
§ You own 100%
§ With zero legal obligations
to you
§ Savings up to 40%-50% of
your regular cost
§ Daily connect with your off-
shore team
§ Staff scalability with ease
§ Guaranteed quality
standards
§ Access to operational
experience at off-shore
location
5. CO-WORKING
HOW IT WORKS
BUILT.OPERATE.TRANSFER.
§ You define infrastructure
§ You define your team
requirements
§ IP, Processes and Technology
desired by you
§ You define quality standards
Specs defined by you ops managed by us
§ We set up infrastructure for you
§ We build the team with you
§ We provide optimum
operational facilities
§ We develop the process and
delivery mechanism
6. CO-WORKING
HOW IT WORKS
BUILT.OPERATE.TRANSFER.
CLIENT oFFSHORE BENCH
OWN
Technology
&
Process
Infrastructure,
People,
Legal
Status
MANAGEMENT
On-‐shore
Opera@ons,
Off-‐shore
Opera@ons
Processes
CONTROL
Quality
Opera@ons
RESPONSIBILITY
Training,
Precisely
Opera@ons,
Deliverables,
Specified
Requirements
Team
Building,
Transparency
in
Opera@ons
CO-‐WORKING
Recruitment
of
Team
and
Quality
Control
- ROLE PLAY -
7. BUILT.OPERATE.TRANSFER.
IMPLEMENTATION & EXECUTION
YOU REMAIN THE FACE FOR YOUR CLIENTS
YOUR
CLIENTS
Offshore team
has no contact
with your
clients at any
stage
For your
client(s) you
remain the
face
You tell the
offshore team
what to do
and when to
do and the
offshore team
follows your
instructions
CLIENTOffshore team
liaise only with
your team
8. CO-WORKING
HOW YOU BENEFIT FROM IT
OUR
BENEFITS
§ Address the team
together or
individually
§ See the entire facility
through a monitor
§ Bridge the distance
between you and
your workforce
§ It is as simple as
working in two rooms
of same building
§ No Capital
Investment
§ No Rent or Utility
Bills
§ No Recruitment
Expenses
§ More than 50%
saving on Salaries
§ 100% savings on
Employment Taxes
§ 100% savings on
Employee Benefits
§ No Recruitment,
Retention or
Turnover
headaches
9. CO-WORKING
OPTIMUM SAVINGS
CO-‐WORKING
Recruitment
of
Team
and
Quality
Control
EMPLOYMENT
COST
OVERHEADS CAPITAL
INVESTMENT
§ RECRUITMENT EXPENSES
reduces by more than 60%;
§ BASIC SALARY of a skilled
personnel reduced by 50%
§ EMPLOYMENT TAXES not to
be borne by the client
§ EMPLOYEE BENEFITS &
FACILITIES managed by
Offshore Bench
§ SPACE COST reduced by
more than 50%
§ One of the greatest
boon of Co-Working,
REDUCTION OF
OVERHEADS
§ NO rental payments
§ NO worry about power
and other utilities
§ All overheads TAKEN
CARE BY OFFSHORE
BENCH
§ Your Capital Investment is
ZERO
§ INFRATRUCTURE & WORK
FACILITIES provided by
Offshore Bench
§ LOW COST ENTRY option at
the offshore location
§ Offshore Bench also
supports BUILT –OPERATE-
TRANSFER MODEL
§ TRANSFER OF FULLY TRAINED
TEAM and facilities after
initial level of stabilization
10. SEARCH SKILL SET POLICIES EFFICIENCY
OB’s
SOLUTIONS
HIRING is a
difficult, but
an important
activity
Its hard to find
exactly what
you need
Efficient
qualified
people in a
growing
venture are the
key to success
Stringent
immigration
policies have
limited the
resource pool
We manage the HR
for you. Build an
efficient offshore
team and provide a
great place to work
for your staff
CO-WORKING
HR ISSUES WE SOLVE
11. CO-WORKING
HIRING
-manpower-
COST INDIA
USD 5,000 – 10,000
EXPERIENCE 1-2 Yrs
AUSTRALIA
USA
UK
USD 50,000 – 70,000
EXPERIENCE 1-2 Yrs
USD 40,000 – 60,000
EXPERIENCE 1-2 Yrs
USD 50,000 – 70,000
EXPERIENCE 1-2 Yrs
12. CO-WORKING
CONSIDER ONLY IF YOU WANT
CO-‐WORKING
Recruitment
of
Team
and
Quality
Control
§ A win-win
relationship
with a
competent
partner
that adds
value to
you
§ Retain and leverage
corporate
knowledge within the
company
§ Effective and
quick corrective
actions
commensurate
with your
strategic
directions
§ Direct control
over your finance
and accounts
resources
§ Real time and
exact
knowledge
about the
performance
§ Retain and
leverage
corporate
knowledge
within the
company
§ Predictable
fixed costs
§ To focus on your
core areas
13. WHY ?
Offshoring with Foreign
Entities:
ü Exto Partners, Australia
ü I Squared Capital, US
ü Ondek, Australia
ü WhiteSky Labs, Australia,
India & Philippines
ü EnVie Fitness, Australia
Offshoring With
Multi National
Indian Entities:
ü Providence
Equity Advisors
ü Harley Davidson
India
ü HBO India
ü Ethiopian Airlines
ü Nando’s
Convenient set
up option in the
Capital of
India, New
Delhi. Wherein
each project is
supervised by
team of
Chartered
Accountants
Run by Ex-Big 4’s
Professional
Chartered
Accountants
Vast
experience
with off-shoring.
Few key
accounts
managed by
OB
02
03 0501
04
15. CORE TEAM
NIRAVKAPILNIMISH
CO-FOUNDER
12 YEARS OF
EXPERIENCE
CHARTERED
ACCOUNTANT &
COMPANY SECRETARY
ALUMNUS OF DELOITTE
CO-FOUNDER
12 YEARS OF
EXPERIENCE
CHARTERED
ACCOUNTANT &
COMPANY SECRETARY
ALUMNUS OF EY & PWC
CO-FOUNDER
12 YEARS OF
EXPERIENCE
CHARTERED
ACCOUNTANT
& LAWYER
ALUMNUS OF DELOITTE
17. WIDE ARRAY OF SERVICES
PROCURE
TO PAY
AUDIT
ASSISTANCE
ORDER TO
CASH
PAYROLL
RECORD TO
REPORT
FINANCIAL
STATEMENT
PERSONALIZED
DASHBOARDS
FINANCIAL
PLANNING
- VENDOR DATA
MAINTENANCE
- INVOICE PROCESSING &
PAYMENTS
- VENDOR RECONCILIATIONS
- ORDER CREATION
- INVOICE GENERATION &
PAYMMENT COLLECTION
- CUSTOMER
RECONCILIATIONS
- PREPARING SCHEDULES
& AUDIT WORKING PAPERS
- EXPERIANCES CA’s WITH
GAAP & IFRS KNOWLEDGE
- QUALIFIED TEMP STAFF FOR
SHORT ASSIGNMENTS
- PAYROLL ADMINISTRATION
- TAX & STAT COMPLIANCES
- ADMIN SUPPORT
- ACCOUNTING AND
RECONCILIATIONS
- FINANCIAL PLANNING
& ANALYSIS
- MIS REPORTING
- BUSINESS INTELLIGENCE
TOOLS
- REPORTS TO TRACK &
MONITOR PERFORMANCE
- DELIVERED THROUGH
MOBILE APP
- STATUTORY FINANCIAL
STATEMENTS
- PERIOD END REPORTING
(MONTHLY, QUARTERLY)
- TAX REPORTS
- INCOME STATEMENT
ANALYSIS
- BALANCE SHEET/CASH
FLOW ANALYSIS
- BUDGETING
18.
Client Team
Controller
(OB Team)
Accountant
(OB Team)
Invoice
Payments
Revenue
Bank
Reporting
Taxation
Scan & Email Ticket
Payments/Cash flows
Management Reports
Reconciliation pack
Tax work papers
Timesheet
XERO
Docs
INDIA
Process Sync
CLOUD BASED INFRA
19. Taxation
Bank
Authentication
Invoices Payments
ReportingRevenue
Infrastructure & Administrative support service
Infrastructure and Administrative Conversions
IT & Technology Set Up and Support
Integration of Local and Offshore Processes
Identify and
Recommend
Right Set of
People. Final
Choice by
Client
Cost &
Efficiency
OptimizationOrganization
Process
Development
Improvement
in Software,
Technology
Human capital development
Development support service
Integration
of
Capabilities
with the
Existing
Home Team
Seamless
sync
between
off-shore
team and
the parent
team
Deploy
new
Project
Managers,
processes
and tools
as needed
BUILT.OPERATE.TRANSFER.
Implementation
&
execution
21. NEW DELHI
B 9 GREEN PARK
MAIN
NEW DELHI-110016
NEW DELHI
403, THE COURTYARD, DLF PLACE
SAKET, NEW DELHI 110017 INDIA
MUMBAI
SUITE 1108, LEVEL 11-1102,
PENINSULA BUSINESS PARK,
TOWER-B, S.B ROAD,
LOWER PAREL,
MUMBAI-400053
NIMISH.GOEL@OFFSHOREBENCH.COM WWW.OFFSHOREBENCH.COM
- SYNERGY -