Financial Accounting Outsourcing Checklist 1/6 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. Learn More 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. Learn More Financial Accounting Outsourcing Checklist 2/6
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. Learn More Financial Accounting Outsourcing Checklist 3/6
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. Learn More Financial Accounting Outsourcing Checklist 4/6 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. Learn More Financial Accounting Outsourcing Checklist 5/6
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. Learn More Financial Accounting Outsourcing Checklist 6/6

Content Financial Accounting Outsourcing Partner with a Decade of Experience and Expertise SBS Global offers a comprehensive range of Financial Accounting Outsourcing Services, catering to the needs of small, medium and large organizations, across industry sectors. The services of SBS Global are designed to fit the varying Financial Accounting requirements of Clients and are customizable as necessary. Leveraging our expertise across industries, we strive to help Clients to find innovative ways to optimize processes, manage risks and capture the economic benefits. International Accounting arrow_drop_down_circle What our customer says arrow_drop_down_circle Leadership team arrow_drop_down_circle WHO WE ARE

Slide WHAT WE DO All Financial Accounting Services under one roof, leading to cost and time optimization. SBS Global has been serving a wide range of Clients, including MNCs, for over one decade. We have built capability and service delivery standards, matching the client expectations within India and abroad. Our Clients have consistently found that our service delivery standards are comparable to the best in the world.

Slide India Financial Accountingarrow_drop_down_circle CFO Servicesarrow_drop_down_circle Payrollarrow_drop_down_circle Direct taxes, GST
& Other Compliance arrow_drop_down_circle
Company Secretarial Servicesarrow_drop_down_circle Financial Accounting Staffingarrow_drop_down_circle
Global BookKeeping arrow_drop_down_circle Accounts Payablearrow_drop_down_circle Accounts Receivablearrow_drop_down_circle Payrollarrow_drop_down_circle VAT Assistancearrow_drop_down_circle
OUR SERVICES

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

testimonial-team (Demo)
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

Slide

Slide CASE STUDIES With years of experience across industries, we have grown our local and international clientele. Our services have benefited Clients from USA, Japan and Europe including Germany, Czech Republic, Scandinavia and Luxembourg. SBS Support to the USA Client Our USA client is an advisory consulting and systems integration firm which helps in enterprise formation management. It helps Clients leverage information assets for better business results. We are associated with them from the year 2008. SBS Global has a direct relationship with the Indian subsidiary as well as the parent company in USA. SBS marks Scandinavian footprint
The global imprint of SBS has reached the Scandinavian region too. Our Clients here are appreciative of our services and have adopted us as their trusted FAO partner over the years.

Insights

Slide 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
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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. arrow_forward 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. arrow_forward
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. arrow_forward 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. arrow_forward 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, arrow_forward