SBS Global

In-house Accounting vs. Outsourced accounting:
What's Best for Your Organization

Globalization, availability of skilled manpower and technology advancements have led to the rise of Financial Accounting Outsourcing (FAO) industry. Today, FAO has emerged as a strategic option which enhances profitability. Its benefits have far outgrown cost arbitrage and efficiency.

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360 Degree
Accounting Solutions

Having to deal with multiple vendors who specialize in the various aspects of Financial Accounting is detrimental to the objective of outsourcing. Therefore, organizations prefer to work with FAO partners who provide end-to-end FAO solutions.

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How to Evaluate an FAO Partner
- A Global Perspective

Choosing the right FAO partner is a decision as crucial as that of outsourcing. Our aim is to help organizations to make informed decisions in this regard.

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Emerging Role of the CFO

The role of the Chief Financial Officer (CFO) has undergone a transformation in the recent years – from that of a functional head to a strategy leader. Progressive business organizations have taken cognizance of this and made necessary amendments.

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Client Relationship Management
- An FAO Perspective

The old verse goes – “Make new friends but keep the old. One is silver but the other is gold.” This is found to be relevant in the strategically significant FAO industry.

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SOPs and their Importance
in the Financial Accounting Function

Standard Operating Procedures (SOPs) are laid to achieve efficiency in operations, meet quality standards and ensure consistency in performance. SOPs carry great significance in Financial Accounting.

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WHY US

SBS Differentiators

Legacy/Reputation:12 year history delivering FAO services to Clients worldwide

Technology Adoption: Document Management System (DMS) & Task Completion Report (TCR)

Platform Plurality: Multi-Accounting Platform capability – SAP, NetSuite, MS Dynamics-AX etc…

International Accreditation: ISO 9001:2015 & ISO 27001:2013

Success stories
SBS Value Proposition
Certified Standards and Procedures

Narendra Kumar

HR Manager

SBS Global’s services are worth much more than I paid. Thank you for making it painless, pleasant and most of all hassle free!

Parag Kansara

Manager

I’ve had a great pleasure working with SBS Global since their inception. They have a great team to work with… highly recommended

A relationship based on high quality service and good customer service is how we can describe the relationship between SBS and our company. We started the relationship with the bookkeeping services and have now moved to a higher pane of review and compliances. I believe that they are among the best as far as value for money is concerned. We have had very good experience with them and wish them all the best.

CFO, Multinational Corporation
(Manufacturing)

Insights

In-house Accounting vs. Outsourced Accounting – What’s Best for Your Organization?

“If you deprive yourself of outsourcing and your competitors do not, you are putting yourself out of business.”
- Lee Kuan Yew

360 Degrees Accounting Solutions

Meticulous accounting of revenues and expenses as well as proper management of finances are crucial activities for any business organization. Statutory and legal compliance is also vital for the survival and growth of organizations.

How to Evaluate an FAO Partner? A Global Perspective

Handling accounting and finance is a key function for any business organisation, at all times. Unless your company is operating in the Finance domain, you are likely to find it difficult to handle the nitty-gritty of accounting and finance.

Emerging Role of the CFO

As the role of most other corporate positions have changed and evolved with the passage of time and changing business environment, the CFO role has changed and evolved too. Traditionally, the CFO was considered as the ‘head bookkeeper’ of the organization, who was responsible for collation of data, preparation of reports and handing them over to the CEO.

Client Relationship Management - An FAO Perspective

As the old verse goes, “make new friends, but keep the old. One is silver while the other is gold”. It is well recognized that this applies to the business domain as good as it applies to the personal domain. And, Financial Accounting Outsourcing (FAO) industry is no exception.

Importance of SOPs in Financial Accounting

Business organizations today are very vast and complex. If keeping track of their daily activities itself is a challenge, managing their daily activities is an even greater challenge. Numerous transactions happen, new clients are acquired, additional engagements with existing clients are commenced, contracts are renewed/terminated as well as payments are received and made,

WHAT WE DO

India Services

International Services

WHY SBS