1. Finance & Accounting FIRM

2. Content About FinAcc Vision & Mission Statement Core Leadership Team
F&A Services
FinAcc
Information Technology & Cloud Computing
Project Implementation Technology
Accounting Tools & Quality Assurance Check
Sample Accounting Process Flow
Global Client Base
Engagement Model : Input Based & Output Based scheme

3. Vision & Mission of FinAcc
Vison Statement
To be a Global Leader in F&A outsourcing with benchmark of Quality, Integrity, Honesty.
Misssion Satement
FinAcc’s mission statement is to bring a drastic change in Profitability, Process, Operational Cost, and set a global benchmark for Quality, Services, integrity, governance, Accountability in world outsourcing market.

4. Finance & Accounting Service
Accounts Payable
Order to Cash
Gen. Accounting
Closing & Reporting
Fin. Planning
& Analysis
PO processing
A/P Invoice entry
Approval Mgmt.
A/P invoice pmt.
T&E processing
Employee expense
Report processing
Credit card
processing & recon
Vendor statement
recon
1099 processing
SO processing
Invoicing
Credit mgmt.
AR analysis &
collections
Receivable mgmt.
Cash receipts entry
Customer balance
recon
Dunning letters
Manual JE
Accruals
Prepayments
Bank statement
processing
Bank account
Recon
Payroll posting &
recon
Inventory mgmt.
Inter-company
postings
Fixed Assets
accounting
Intercompany
recon
Overhead
allocation
Branch recon
Consolidation
Month-end
Closing
Audit support
reporting
MIS reporting
Budgeting &
forecasting
G&A analysis
Financial ratios &
analysis
Cash flow mgmt.
KPI analysis
Decision support &
Industry specific
reporting

5. Why FinAcc ? Global Experience.
Thoroughly Trained Accounting Team of Experts.
Expertise – Technology & Accounting.
ISPL’s commitment to partner in a long term relationship, customer satisfaction and adding values to the functions.
Significant & substantial Cost savings up to 50%
Dedicated Teams headed by CA’s – you retain 100% control
Focus on Improved profitability and TAT
Reduced Operating and Training Costs
Accurate, timely & value added financial reporting
Highly secure physical & technological environment
Secured worldwide access to Data
Highly scalable operational structure with additional resource and backup

6. Security and Technology
Physical & people security
Dedicated infrastructure
Dedicated employees
Regular background checks
NDA sign-off by employees
Restricted Access to centre.
Process security
Managed Secured System Access
Strict data use and retention
Safe data destruction policy
Quality audits
Paperless environment.
Highly Secure Technological infrastructure
IT Infrastructure
Desktops and other technology infrastructure in place with latest configuration
Dedicated Redundant Internet lease line links to ensure 100% uptime
Structured work flow management system.
IS and network security
Disabled floppy drives
Disabled external drives
Secured workstations requiring mandatory passwords
Anti-virus and other hygiene factors met

7. FinAcc- Project Implementation

8. FinAcc – Accounting Tool Expertise
FinAcc – Accounting Tool Expertise Our Dedicated Team is Expert in below widely used Accounting Software
Yardi Voyager
Timberline
QuickBooks
Peachtree
Intacct
Microsoft Dynamic AX
Sage 50

9. Quality Assurance Check
Quality Checks
Every transaction is checked by the Process managers.
Quality Controllers
Rectify the incorrect entries.
Final Review
All the processed data is finally reviewed by Qualified professionals (CA’s) , approved.
Upload
The data is uploaded to the Client servers.

10. Sample Accounting Process Flow
Client database is updated with the source documents received
Receive statements and other source documents from the client
Source documents are scanned and uploaded on the shared drive
Source data is entered or entered data is edited in the accounting software
Resolve any questions regarding accounting information
Data is entered and reports are saved in the ‘Ready for Review’ folder
‘ISPL’ manager reviews the reports vis-à-vis the source documents
Reviewed reports and backup copy are moved to ‘Final Review’ folder
Client performs a final review on the accounting reports
List of completed items is sent to the client for further review
Needs
Correction
Approved reports are saved in respective client folders
Approved
Client database is updated with latest information

11. F&A Business Engagement Model
Input Based Schemes
Fixed Per Hourly Basis
Manpower Basis (FTE)
Virtual Captive Center
Output Based Schemes
Transaction Fees
Project Based Fees / Flat Fees
Retainer Ship Fees.
% Revenue Share Based Fees

12. Thank You…..