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HSS Cloud Accounting

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1 Copyrights © reserved by Heka Support Services European Origin Having our origin in France (Paris), dating back to 1760, we consolidated our global business ventures under Horus Group of companies during 1980's. Since then we have built a team of functional experts from diverse professional backgrounds, able to cover the complete spectrum of the company’s key areas. The Group employs specialized expert resources in its subsidiaries across Europe, Asia and America. Over a period of time, we have become a diversified group – thanks to the highly selective strategies & vision of our management, focusing on providing unique business solutions to companies and public institutions. Indian Advantage With our core expertise in bookkeeping and accounting services, we moved towards Indian subcontinent in the year 2005, establishing our professional services & operations with the brand name ‘Heka Accounting Services’ under the management of our Indian subsidiary Heka Support Services Pvt. Ltd. We started operations in India utilizing our International exposure and European quality standards to a great effect. Merging European quality standards and Indian intellectual workforce has made us a unique multinational, providing high quality services along with low cost advantage to our clients. Your Own Subsidiary.... For CA/CPA firms
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Page 1: HSS Cloud Accounting

1 Copyrights © reserved by Heka Support Services

European Origin

Having our origin in France (Paris), dating back to

1760, we consolidated our global business

ventures under Horus Group of companies during

1980's. Since then we have built a team of

functional experts from diverse professional

backgrounds, able to cover the complete spectrum

of the company’s key areas.

The Group employs specialized expert resources in

its subsidiaries across Europe, Asia and America.

Over a period of time, we have become a

diversified group – thanks to the highly selective

strategies & vision of our management, focusing

on providing unique business solutions to

companies and public institutions.

Indian Advantage

With our core expertise in bookkeeping and

accounting services, we moved towards Indian

subcontinent in the year 2005, establishing our

professional services & operations with the brand

name ‘Heka Accounting Services’ under the

management of our Indian subsidiary Heka

Support Services Pvt. Ltd.

We started operations in India utilizing our

International exposure and European quality

standards to a great effect. Merging European

quality standards and Indian intellectual workforce

has made us a unique multinational, providing

high quality services along with low cost advantage

to our clients.

Your Own Subsidiary....

For CA/CPA firms

Page 2: HSS Cloud Accounting

2 Copyrights © reserved by Heka Support Services

Your Own Subsidiary: An Overview

HSS accounting with its immense experience in the

field of cloud accounting has developed a unique

model of service for CA and CPA firms. We work as

the extended accounting team for Chartered

Accounting Firms across the globe maintaining

complete data security. You can now own a

certified accounting team “Your Own Subsidiary”

in India and reap all the advantages of having a

low cost alternative. This model fits in perfectly

with the typical yet critical requirements of CA/CPA

firms, allowing them more control over their

processes and workflows. HSS empowers you with

the right to choose your own preferred resources

for the project by being a part of the selection

process. This enables you to get the best suitable

resources as per your requirement.

NO INFRASTRUCTURE COST

NO PAYROLL AND HIRING COST

INTERNATIONAL QUALITY STANDARDS

Model for CA/CPA firms

Cloud Accounting teams at HSS work as a back-

office for Chartered accounting firms across the

globe, providing specialized bookkeeping &

accounting services. Our versatile clientele

comprises of top Accounting & Taxation firms from

France, England, Germany, Australia & New

Zealand. This model of partnership has proven to

be a huge success; as our clients have reduced

their comparative costs by nearly 75%. Utilizing our

remote cloud manpower capacity, they successfully

expanded their customer base without any

additional infrastructure investments or

recruitment hassles. We take all your burdens and

enable you to focus on growth and expansion of

your business. With a vast expertise in international

accounting and cultural integration, we work as

hired resources - following stringent QA measures.

Our Credentials

-XERO certified accounting professionals

- An ISO 9001:2008 certified company

- Valued member of IFCCI (India)

- Valued member of CCIFI (France)

- Complete Data security with trusted firewall

- Flexible and Customizable service packages.

Page 3: HSS Cloud Accounting

3 Copyrights © reserved by Heka Support Services

CLOUD ACCOUNTING The cloud office for CA and CPA firms…

Your Concerns

One of the keys to meet the challenges of

delivering effective and efficient accounting

services in a fiscally constrained environment is to

get better information about performance. And

then - to use this information for making better

decisions and holding people accountable.

Government Regulations, Changing

Technology, Shifting Client Loyalties and

Increased Competition are the 4 strategic threats

faced by the CA/CPA firms and all the accountants

at large. There is a dearth of reliable & specialized

workforce in the market, clubbed with the ever

increasing payroll costs; it leads to a constant fall

the profit margins of CA/CPA firms.

Another disconcerting issue faced by any CA firm

in the current scenario is an ever increasing work

load during the end of the accounting year.

Companies invest heavily with precious time and

money to hire and train human resource but this

investment remains at constant risk due to

frequent job changes. Organizations either

succumb to the pressures of this inconsistent/

seasonal workload or have to pay for idle

workforce as a backup to meet their requirements.

Our Solutions

We are an expert team of accountants dedicated to

meet your unique bookkeeping requirements with

customized accounting solutions. We work as your

own subsidiary/ hired employees determined and

directed to meet all the predefined requirements

of your clients. We get all the required data

regarding the client from you and update/ process

it as per your client’s local GAAP in your preferred

cloud based accounting software. When you arrive

at the office next day, all the assigned work is

processed and updated in the cloud accounting

software.

Working on this model you can expand your

accounting team without having to invest in any

infrastructure or expensive manpower. You can

own a certified team in India for any predefined

period of time and reap the advantages of having

a low cost subsidiary. This model has proved to be

a huge success in the 21st century; our clients have

reduced their comparative costs by nearly 75%.

Utilizing our remote cloud manpower capacity, our

clients have successfully expanded their customer

base without any additional investments or

recruitment hassles.

Page 4: HSS Cloud Accounting

4 Copyrights © reserved by Heka Support Services

Cloud Accounting Model Your Own Subsidiary…

We provide specialized process accounting services to leading international CA & CPA firms as a outsourcing

partner from our corporate office at New Delhi. Helping them manage workload fluctuation issues, seasonal

projects, short term specific projects, projects requiring specific technical/language expertise etc. With an

expertise in international accounting and cultural integration, we work as hired resources following stringent

QA measures.

Cloud Accounting softwareYour Client

CA/CPA FirmsYou

Your Indian Subsidiary

Review &Feedback

Page 5: HSS Cloud Accounting

5 Copyrights © reserved by Heka Support Services

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The setup process

starts with a detailed analysis of

you and your client’s requirements

including a technical overview of

the existing processes and

functionalities. Thereafter the

feasibility reports are prepared

and submitted.

Once the assessment of

the feasibility report is

done followed by the

business collaboration; we

start working on resource

planning and the process

setup. The resources are

allotted to the project as

per defined skill sets and

the project department

starts sharing the

process know-how

to the process team.

While the process team undergoes training,

the transition begins with a senior level

project manager. The PM works as a bridge

between the client and process team. The

knowledge transfer is supported by a

complete documentation prepared by the

PM & approved by

the client.

The QA team continuously works to deliver

high quality services and regularly takes

corrective measures by adding process

checkpoints. A quality report is submitted to

you on regular basis in order to get a

feedback and help further improvements.

We are dedicated to work towards process

improvement and optimization for our

valuable clients.

keep resources upgraded.

for new changes.

No need for Huge Infrastructure investments

No worries of rising Payroll expenses

No need to pay Salaries to idle employees

Firing - hiring & training hassles won’t worry you

Unmanageable seasonal workload can now be

handled

International quality standards

Robust Infrastructure

o Dedicated high speed Lease-line

o Latest Firewall & VPN

All original licensed software

Norton Antivirus protection

Subsidiary Setup Workflow Your Cost-effective, quality oriented accounting subsidiary …

Page 6: HSS Cloud Accounting

6 Copyrights © reserved by Heka Support Services

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Page 7: HSS Cloud Accounting

7 Copyrights © reserved by Heka Support Services

CLOUD ACCOUNTING SOFTWARES The cloud office for CA and CPA firms…

Accounting as a profession has undergone radical

changes in the past 10 years. Modern CA firms

already employ several cloud based technologies

for simple day to day stuff like e-filing, tax

payment, etc. At HSS, we are a team of skilled

certified cloud accountants working on the 3rd

generation accounting software’s over the past

years. We have expertise in working with eminent

software’s like SAASU, Xero, QuickBooks, MYOB,

FreshBooks, Zoho, Workflow Max, Kashoo to name

a few. Cloud based software now alleviates

accounting problems like payroll management,

taxation, e filling etc at a very cost effective

manner as compared to managing with outdated

software or manual processes. Moreover, such

software usually comes with in-built compliance

for personal income tax, and several other

statutory liabilities like Provident Fund,

Professional Tax, ESI, and more. From daily

document exchange, return filing, online

repository, to legal services are all now coming

under the cloud and proving to be very cost

effective for CA firms as compared to running

their own in-house technology or customized

software. CA/CPA firms can benefit from these

bleeding edge technologies while saving a big

chunk of their profit margins from their valuable

customers.

Ease of Access

Pay as you use

No Infrastructure cost

Negligible Maintenance

Low Total cost of Ownership

Real time Financial information

Compatible with smart phones and tablets

Backup and Data Security are a breeze!

Page 8: HSS Cloud Accounting

8 Copyrights © reserved by Heka Support Services

2009 2008

2010

2011 2012

2013

2014 2015

Initiated Accounting

Services to 19

French & 3 German

Companies

Partnered with Xero,

Migrated from Oracle

to SAP at group level

Entered NZ & AU market

won 39 assignments,

Certified with multiple

cloud accounting software

Associated with IFCCI &

facilitated3 French startups,

Helped client to save 62%

on accounting cost

Won 3 sub-contracting

clients in India, expanded

product portfolio to high

growth areas

Expanded services to UK

and US with 11 new client,

Greater visibility & growth

rate of 20% in process

accounting

Increased customer base by

partnering with NZ CA firms

Established foot-holding

Brazil with 3 clients

On- boarded 10 FR

accountants for a

leading MNC in India

OUR VISION

To support Multinationals and

CA/CPA firms by helping them

optimize costs while delivering

services with globally

acceptable quality standards.

MISSION 2015

To be the premier & preferred

accounting service provider for

international CA/CPA firms.

Our Journey in India

Page 9: HSS Cloud Accounting

9 Copyrights © reserved by Heka Support Services

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