Outsourced Financial Accounting

Financial Accounting Outsourcing Services

Financial Accounting Outsourcing Services by SBS Global includes

SBS Global provides Financial Accounting Outsourcing Services to global customers. We have a specialized team of professionals focusing on the US and European clients to meet their off-shored Accounting Service requirements.

Overall Benefits realized by our clients include

  • Savings driven by the currency and labor arbitrage
  • Process efficiency gained through outsourced delivery by professionals
  • Time zone difference enabled quicker TATs

The above benefits add up to making Accounting Outsourcing to India a good strategy for businesses based in the USA and Europe.

We provide our services from state of the art and secure delivery centers located in India’s IT capital city of Bangalore and other locations. Our ability to hire, train and maintain a pool of qualified professionals ensures quality delivery on a consistent basis. The scalability of our delivery model is at the disposal of our clients enabling them to realize the full potential of outsourcing.

Our Services and Capabilities:

Financial Accounting Outsourcing Services > Book Keeping

  • Sales Accounting
  • Purchase Accounting
  • General Expense Accounting
  • Fixed Assets Accounting
  • Accounts Receivable & Reconciliations
  • Accounts Payable & Reconciliations
  • Bank Accounting & Reconciliations
  • Payment Processing

Financial Accounting Outsourcing Services > Closing & Reporting

  • General Ledger Review & Adjustments
  • Monthly Closing
  • Customized MIS
  • Financial Statements

Platforms

Our team is capable of working in varied accounting platforms like SAP, Oracle Financials, SAGE, QUICKBOOKS, PEACHTREE, ECONOMICS, MYOBB, ZERO, AXAPTA, TALLY etc.

Customization and Adaptability

Our team members have experience and track record of adaptability through e-work flow solutions which provides us with strong capability to adapt to client applications/platforms globally.

Methodology

We have successfully developed and deployed approaches which are customized as per client situations and needs, typically covering the following key stages:

  • Pre-engagement
  • Process Deliverables & SLAs
  • Process Mapping
  • Migration & Pilot
  • Process Stabilization
  • Live Processing

Starting with Knowledge Transfer we formulate SOPs, create Check Lists, Process Mapping, Process Controls and Project Management Tools are deployed to ensure alignment with SLAs.

Reporting

Our reporting capabilities include preparation of Financial Statements as per country specific GAAPs including IFRS & US GAAPs.