SBS Global: An Extended Arm for Financial & Accounting Needs

CA Haridasan Panniamvalli,DirectorFinance & Accounting are crucial aspects of every business. It enables an organization to ensure statutory compliance, manage operations, and also make better business decisions. A befitting accounting strategy can help an enter-prise experience ground-breaking success and stability in a competitive environment. Bangalore-based accounting outsourcing company, SBS Global is endowing such customized accounting tactics to help ventures in having tax-ready financial statements when they need them the most.

SBS Global is an ISO 9001: 2015 & ISO 27001: 2013 certified Financial Accounting Outsourcing (FAO) with a track record of more than 12 years in providing quality and timely services. It serves global customers with creative and cost-efficient services & solutions.

Customers are King
"Our customer delivery works based on the statement 'Expertise is what we provide, value is what you get',” remarks CA Haridasan Panniamvalli, Director. Having its focus on service and customer satisfaction, the high-performing expert team of the company understands the clients' needs to formulate customized solutions. The company offers on-demand services and solutions by leveraging its multi-accounting platform proficiency.

By understanding the business type, it caters to end-to-end solutions crafted to satisfy the unique needs of every business. The
company has also marked its portfolio with services like account staffing, payroll processing, direct & indirect tax compliance, and company secretarial services. They take care of the complete back-office operations, enabling the client to focus on the core business.

On a bigger vision, SBS Global is a one-stop-shop for all the accounting outsourcing needs. The experts in the company bring in a strategic perspective to operate as an extended arm of the client's operation. "Our understanding of global financial reporting system and working with the local management and the HQ is our biggest USP, including maintaining books as per Ind AS, IFRS, and US GAAP," he informs.

He further adds "Our delivery teams are trained on picking up information out of local language invoices and other relevant documents to complete financial accounting and VAT compliance based on standard operation process, wherein not knowing the language isn't a barrier towards giving a 99.9 percent service efficiency."

The team has over 250 man-years experience, supporting five practice verticals, and served over 250 clients across, India, Europe, and the US. The resources comprise of individuals with sound knowledge in various accounting platforms like SAP, NetSuite, Microsoft Dynamics-AX, QuickBooks, Intact, Tally, Sage, Peachtree, Axapta, etc.

SBS Global is an ISO 9001: 2015 & ISO 27001: 2013 certified Financial Accounting Outsourcing (FAO) with a track record of more than 12 years in providing quality and timely services

Information Security at the Forefront
Understanding the importance of technology and data security, it hosts data on secure servers and the ac-counting software that is of international standard. The cloud-based document management solution enables the clients to upload the documents from any part of the world securely and also provide easy access to the data. Also, the company has partnered with technology organizations to provide large Data analysis and Reconciliations services.

While serving several business giants, it has been witnessing over 30 percent growth in revenue for the last 6 years and observed higher growth in terms of profitability in the same period. Scaling new heights, it in-tends to grow to a size of 500 people organization serving across all finance and accounting sub-verticals. Embracing the potential of technology, it plans to onboard advanced automation to bring in process stabilization, accuracy, and stability for large client servicing.