shreya
TRANSCRIPT
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Value PropositionValue Proposition
Outsourcing Support ServicesOutsourcing Support Services
About ShreyaAbout Shreya
Why Shreya ?Why Shreya ?
Our ClientsOur Clients
AppendixAppendix
Contact UsContact Us
Coming to India
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Existence : Established in late 2000
Objective - Providing solutions to Management in the SME - Small and Medium Enterprises Segment.
A spin off of A J Deora Group who have been practicing Chartered Accountancy (CPA) for 20+ years.
Providing accounting centric outsourcing services to companies in the IT sector and domestic companies
Run entire Finance & Accounts departments of several companies.
About Shreya
More…
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Professionally managed : Headed by A J Deora who is the Founder President of Shreya A J Deora is a Chartered Accountant (CPA) with over 20+ years of
experience in the field
Experienced team : Shreya’s headcount is nearly 50 members. Shreya team includes Chartered Accountants (CPA), graduates in
Accounting, Business & Commerce
About Shreya
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Shreya Delivers high quality service and solutions to its clients : Process oriented knowledge and experience Accumulated over years in the business
Customer Focussed : Top management is always accessible to the client Quick turnaround on customer queries Back up personnel to ensure uninterrupted and timely service
About Shreya
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Past Experience : Domain specific knowledge useful for
• Startups• Late stage Companies• Listed & Unlisted Companies
Geographic Focus : Presence in Prime IT Centres around India Offices in Bangalore & Chennai Strong Partners in Hyderabad, Pune, Mumbai
Cost Effective : Shreya delivers high quality services at cost effective pricing.
Why Shreya ?
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Infrastructure : Trained personnel
Adequate backups to face personnel turnover
Broadband connection & 24/7 telephone access
Secure extranet services for instant access of customer data
2-way web conferencing for desktop sharing of accounts, documents
Why Shreya ?
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Work Quality : Deliver high quality solutions to our customers and have fun doing that. Thrive on challenges and embrace learning opportunities that let them
stay on top of their skills all the while. Focused on the success of our customers and are adequately
compensated for that.
Delivery Process : Solution delivery model – Provide end to end solutions Customized Solutions for customer specific needs Life Cycle Support
Why Shreya ?
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We build enduring and mutually beneficial association by – Fulfilling our commitments
In doing so we act• With Integrity,• With Transparency, and• Within the law
Being responsive to our customers
Deliver value and have fun in doing so
Growing with our team as our partners in progress
Guiding Principles
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We understand that responsiveness is not just timely delivery but being available to address queries, issues and concerns of customers as quickly as they arise
Shreya believes that its service quality and delivery is enhanced by investment in deep and transparent relationships with its customers built on mutuality of interest and well being.
Guiding Principles
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Client 1: Challenges:
• Existing Parent Company• Statutory Registrations still pending for subsidiary company• Trial production runs initiated before registrations• Accounting and other systems not yet designed• Accounting spread over 50 departments in 37 countries
Solutions:• 100% Compliance with all legal requirements including Transfer
pricing, Capitalisation etc.• Completed STPI and Customs registrations within 5 working days• Designed accounting system which seamlessly flows into MIS and is
implemented till date• Department wise cost capturing and reporting• Periodic reporting to Top Management
Case Studies
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Client 2: Challenges:
• Newly setup Indian Subsidiary of Foreign Company• Business plans / projections not yet complete• Job has to be completed “Yesterday” – high expectations
Solutions:• Business plans finalized• Obtained STPI and Customs registrations within 9 working days• Structured and implemented accounting system• Department wise cost capturing and reporting
Case Studies
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Our Clients
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APPENDIX – A - Outsourcing Support Services
APPENDIX – B - Acronyms
Appendix
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Outsourcing support services
Accounting
HR
Secretarial
Compliances
Operational Support
Shreya Contributes
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Bookkeeping and maintenance of records
Preparation of tax provisions
Periodic review of accounts
Presentation of accounts to the board
US GAAP Reporting
Accounting
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Management information system reports
Managing assets, insurance for risk cover
Revenue / Account payable payment processing
Treasury management of temporary excess funds
Accounting
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Maintenance of personnel records
Maintenance of employee leave records
Issue of pay slips
Disburse pay checks
Calculate and remit payroll taxes
HR
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Provide Administrative support for personnel recruitment and selection
Structuring of compensation packages
Statutory registrations
Preparation of Employee Handbook
Benefits administration
ESOP
HR
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Secretarial
Secretarial services as per Indian Companies Act
Minutes of Board meetings
Updating of Statutory Registers
Drafting of Resolutions for the day to day operation of the company
Preparation of Notice of Meeting
Convening Board Meetings and Annual General Meetings
Preparation and circulation of Minutes of Board Meetings and AGM
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Tax Laws
Transfer Pricing under Tax laws
Corporate Laws
Foreign Exchange Laws
RBI Guidelines
Labor Laws
Periodical Returns
Compliances
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Other laws: Sales Tax – Central & State
Service Tax Act
VAT
Profession Tax – Employer and employees profession taxes
Provident fund
Employee State Insurance
Shops & Establishments Act
Compliances
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Operational Support
Coordinate with STPI Customs
for obtaining approval for import of capital goods into India
• Assist in arranging logistics for imports
• Advise on concessions and benefits available
• Act as authorized signatory for Banking transactions
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Act as local director / shareholder to avoid administrative time delays
Make travel arrangements for employees
Arrange medical insurance for overseas travel
To provide a temp CFO/ Country Manager
Operational Support
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Appendix B
Acronyms
STPI – Software Technology Parks of India
RBI – Reserve Bank of India
SME – Small Medium Enterprises
HR – Human Resource
GAAP – Generally accepted accounting policies
ESOP – Employee Stock Option Plan
VAT – Value Added Tax
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Contact Us
Chennai –SF – 6 Golden Enclave184, Poonamallee High RoadChennai – 600 010, India.Ph: +91.44.26415805; +91.44.52178153Fax: +91.44.26415805Mobile: +91.9840051184
Bangalore – 79, 5th Cross, 33rd Main,J P Nagar, Phase IBangalore 560 078, IndiaPh: +91.80.30938704Mobile: +91.9342209932
Email – [email protected]
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Thank You