Transcript S3 Solutions Pvt Ltd www.s3solutions.in CORPORATE PROFILE Stable Standardized Sustainable Solutions S3 Solutions Private Limited #1/1, Seventh Main, Second Stage, Indira Nagar, BANGALORE -

S3 Solutions Pvt Ltd
www.s3solutions.in
CORPORATE PROFILE
Stable Standardized Sustainable Solutions
S3 Solutions Private Limited #1/1, Seventh Main, Second Stage, Indira Nagar, BANGALORE - 560 038
Email Id : [email protected] Phones:0091 80 42042944 /45 /46 Fax:00 91 80 41155570
Brief Background
Outsourcing is a strategic business tool that is available to
progressive Company Managements looking for effective ways
to ensure continued focus on their core business. More and more
Company Managements are outsourcing their dayto-day routines of their finance, accounting, statutory
Compliance, Payroll and Tax Management or parts thereof. S3
Solutions Pvt Ltd is a company engaged in providing full fledged
customized business solutions to its clients in the
manufacturing, IT, IT Enabled Services, Biotech and other
services sectors. We believe that understanding our clients’
business and continuous improvement in our delivery systems is
the key to an effective And sustainable outsourcing solution.
We provide CFO, financial, accounting, payroll, tax and statutory
compliance solutions to our clients – all under one umbrella.
S3 is promoted by industry professionals, who have worked as
Chief Financial Officers and Company Secretaries of large to
very large companies. S3 boasts of a cumulative senior level
experience at the CFO/VP/GM level of over 100 man years and it
i s thi s experi enc e tha t S 3 l ev er ages , whi l e desi gni ng,
implementing and running successful outsourced solutions for its
clients.
Welcome then to S3 Solutions , the one stop shop for all your
requirements related to finance, accounting, legal and statutory
compliance.
Key Members of Executive Team
Sivakumar Subramani, a Chartered Accountant
and Company Secretary, with over 25 years’ post
qualification experience in several high profile Industrial
Groups like Murugappas, TTK, Gokaldas Images, Clear Mist
and Maini. Sivakumar has held CFO level positions over the
last 14 years in industry, before venturing into on his own.
Chetan Nalwar a Chartered Accountant, with about 5
years’ post qualification experience in audits, taxation,
accounting, funding, etc.
CVL Narayana, an accounting professional about 10
years’ post qualification experience in internal audits,
statutory audits, etc.
Rehana Parveen, a marketing professional with over 10
years’ experience.
S3’s other key team members include Post Graduates and
Graduates in commerce with years’ of experience in the
area of accounting, tax compliance and payroll.
Why Outsource To S3 Solutions…
At S3, our philosophy is to provide our clients with

Process based delivery system
the best possible combination of skills and knowhow,

Individualized attention to clients, irrespective of their
size

Transparency and ethical practices

Ability and resources to scale up fast, to meet clients’
requirements.
by deploying quality professionals and executives,
with proven track record, to work on our clients'
needs, on a continuous basis. Every client,
irrespective of its size, is important to us and gets
the best
service
from
us, at
all times.
In India, there is a lot of inter-connectivity between
various functions and legislations involving company
S 3 ’s S e n i o r M a n a g e r s h a v e w o r k e d a s O p e r a t i n g
Law, income tax law, Value added tax, service tax,
Managers in a broad spectrum of functions including
etc and it is imperative that an overall view
F i n a n c e , Ta x a t i o n , A c c o u n t i n g , L e g a l , H R a n d
encompassing all these legislations is taken.
Statutory Compliance and have consistently delivered
While most of the Consultants and Outsourcers
exceptional value to their employers, in a broad range
provide services in not more than one function,
of
clients engaging S3 are assured of services in all of
industries
including
I T,
IT
Enabled
Services, Manufacturing and other Service Industries.
Here are some of the factors that make , the ideal
solutions provider:

Wide range of services and solutions

High domain expertise
these areas.
Oursourced CFO Solutions
Finance is undoubtedly at the heart of any
Organization and the responsibility to manage this

Treasury Management, including investment of
surplus funds

Complete handling of financial accounting and
management accounting including MIS
reporting

Assistance in the preparation of Business Plans,
Project Reports, funding plans, etc.

Complete handling of direct and indirect
taxation areas including planning for transfer
pricing, tax assessments, planning for cenvat
credit, service tax refunds, etc

Developing and maintaining relationships with
investors and other stakeholders.

Our services are found to be very effective by
many companies, in which the critical finance
function is handled by one of the Promoters /
Directors. By handling this critical function, we
enable our clients & especially the promoters /
directors save significant time and energy which
can be utilized to grow their business.

In many cases, we end up operating as the
Chief Profitability Officers for our clients.
critical function is given to Chief Financial Officers
(CFOs). We have however found that most of the
SME companies are neither able to afford a full
time CFO nor are they able to attract good CFOs
because of their size. We have pioneered
the concept of providing outsourced CFO services
to SME companies, based on a proven delivery
model involving a combination of on-site
deployment and comprehensive off-site support.
Our CFO services include handling the following
assignments, on a continuous basis :


Cash flow planning, banking, etc.

Budgeting, Profitability planning and analysis
Direct Taxation Solutions
S3 manages the direct taxation functions of its
I n d i r e c t
clients, on an outsourced basis. Given the wide
S3 offers the following services in the Indirect
experience of the members of the S3 team in the
Taxation area, comprising of Excise Duty, Customs,
taxation
DGFT and 100% EOU.
area,
the
following
services
can
be
outsourced to S3:

To take maximum advantage of income-tax
benefits, exemptions, tax holidays and exemptions, as
applicable to STP and SEZ Units

Implement appropriate transfer pricing policies,
so as to minimize the global / Group tax outflows.
•
Handling income tax assessments, appeals, etc.
S o l u t i o n s
•
Complete handling of all Central Excise related issues,
including management of cenvat credits, refunds, etc
•
Complete handling of all issues related to Service Tax including
filing of periodical return, handling of issues related to
c l a s s i f i c a t i o n ,
e t c .
•
Complete management of Customs related issues including
bonding, valuation, etc.
•
Handling of export incentives and co-ordination with the office
of the Director General of Foreign Trade.
•
Handling audits, investigations, enforcement proceedings, etc.
from the Department.
•
Handling of all issues related to VAT.
This is especially useful for clients which are
subsidiaries of MNCs and for those who have transactions with
foreign branches/associates/subsidiaries.
Ta x a t i o n
Debt Solutions
Cost of finance often forms a significant part
Funds,
of The overall costs of manufacturing and
Institutions, private funds and high net
service Based industries. S3 helps its clients
worth individuals. S3 provides services in
to negotiate and raise debt from the banking
the
a n d f i n a n c i a l s y s t e m a t o p t i m a l c o s t s . S 3 ’s
negotiations with prospective investors,
Management
hundreds
of
Te a m
has
crores
of
raised
rupees
Indian
and
preparation
Foreign
of
Financial
Business
Plans,
tens
of
legal assistance in the preparation of
worth
of
shareholders’
agreements
other
corporate Debt from public sector banks,
related
priva te S ec tor B anks , Foreig n B a nks ,
Al l I nd ia
clients in handling the financial and legal
Financial Institutions, State Level Financial
due diligence from the investors’ side.
Institutions and Non-banking Financial
S3’s Management Team has wide experience
Companies.
valuation
Equity Solutions
essential
S3’s M a n a g em en t T e am h a s w id e exp er ie nc e
in raising common equity and preference
equity from Indian and Foreign Venture
assignments. S3
and
of
part
businesses,
of
also helps
which
any equity
is
its
an
offering.
Management Audit and Internal Audit Solutions
The importance of a good management /
internal

Cost reduction and cost management
solutions

Selective audit of large expense and income
heads

Understanding and analyzing the risk profile
of the companies.

Ensuring compliance with policies and
p r o c e d u r e s o f To p M a n a g e m e n t

Fraud prevention and detection systems

Statutory compliance Assistance in
development of policy manuals

A systems approach to internal audit
audit system can hardly be over
emphasized, in today’s competitive world. S3
has wide experience in implementing the
most appropriate management / internal
audit solutions for clients in the
m a n u f a c t u r i n g a n d s e r v i c e s s e c t o r,
encompassing all relevant areas
and activities. Some of the areas which get
covered in the management / internal audit
solutions


offered
by
s3
are:
Implementation of the most appropriate
internal control and internal check and
i n t e r n a l a u d i t s y s t e m s .
Study of wastage and leakage at various
levels.
Payroll Solutions and Statutory Compliance
Unlike any other payroll services provider, we
including those related to
including e-TDS returns, etc.
combine the activities related to statutory compliance
with the payroll services.
Some of the standard components of our payroll services
are given below

Complete
statutory
compliance
including
preparation of the PF returns, ESI returns, PT returns,
etc.

Complete management of TDS related issues
including generation of e-TDS forms, Form 16s, etc.

Computation of personal income tax on a
periodical basis including computation of TDS,
verification of the basis documents.

Assistance in structuring of the salaries of employees.

Handling of all tax related issues related to payroll.

Complete handing of all procedures related to
Provident Fund, Profession tax, etc. including
generation of the forms, tracking of the contribution
of the individual employees, income tax planning
vis-à-vis PF contributions, etc.

Complete statutory compliance related to payroll
Income
tax
filings

Issuance of Form 16s, filing of periodical forms with
the Government, etc. in an absolutely seamless
manner.

Complete access to the individual employees who
can view details of the salary break up, advances,
FBT, etc.

Seamless incorporation of the accounting entries
related to payroll, into the TALLY or any other
accounting system.

Generation of MIS reports related to payroll,
employees, etc. which will go a long way in helping
the Top Management in controlling manpower
costs.

Web based password protected access to each of
the employees.

Seamless integration of the payroll related data with
the accounting system.

Filing of quarterly returns with the Income tax
Department.
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