SDD Global's team of accounts managers and bookkeepers stands ready to provide cost-effective and around-the-clock accounting solutions for any business. The advantages of having SDD Global handle your company's bookkeeping and accounts functions include, among other things, the following:
- Accountability on the part of, and supervision by, a respected U.S. law firm, namely Smith Dornan Dehn PC;
- Highly intelligent, experienced and motivated local SDD Global personnel, including the head of our bookkeeping department, who previously handled all of the financial books and accounts for one of the biggest and most prominent businesses in Southern India;
- Reduction of operating costs from analysis and cost-cutting steps in relation to expenses;
- Timely responses to your bookkeeping and accounting concerns;
- Reduction of associated accounting/bookkeeping human resource costs;
- Reduction of accounting/bookkeeping-related recruitment and training expenses;
- Improvement of service quality and productivity; and
- Ability to generate and review financial management statements daily, monthly, quarterly, annually, or as otherwise requested by the client.
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SDD Global successfully transitioned the accounting and bookkeeping functions of Smith Dornan Dehn ("SDD"), a national law
firm with its headquarters in Manhattan. Upon our review of SDD's
accounts and bookkeeping records, we pin-pointed many overdue and neglected
invoices and successfully planned and executed an accounts-receivables collection strategy.
Within the first month of our services to SDD, we realized over $30,000 in collected legal
fees for SDD that otherwise would never have been collected, thus earning our own fees 100-fold.
We are now in the process of seizing discount opportunities and identifying and
implementing cost-saving measures to streamline SDD's regular expenses.
SDD is also pleased that we are able to provide "real money" reports for
any given time period at short notice, reflecting both actual and
unrealized profits and expenses, allowing SDD to carefully monitor
its financial performance in each service area.
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General:
SDD Global offers a range of customized bookkeeping services, designed to meet your needs. Those services will be flexible and can grow simultaneously with your business. In addition to the professional bookkeeping services described on this page, SDD can streamline its clients' accounts, thereby allowing the principals to concentrate on what matters -- revenue generation.
Specific:
These are just some of the bookkeeping services that SDD Global can offer:
- General accounting and ledger entries
- Bank reconciliation
- Document management and records maintenance
- Billing services
- Invoice processing
- Book balancing
- Financial reports
- Word processing and data entry
- Assistance with on-shore bulk mailing
- Coordinating and handling accounts-receivable and payable
- Ledger and check book balancing
- Financial information organization- as required for business plans, loan proposals or cash-flow statements
- Financial management statement reports
- Invoice data management
Accounts-Receivable:
SDD Global's accounts-receivable services can enable any business to shorten the time between service or product delivery and receipt of payment, resulting in an improved cash flow. SDD Global can analyze your company's billing records in search of overdue payments, and propose an effective approach towards collections, including diplomatic reminder systems regarding payment obligations and the onset of interest charges, and the careful monitoring of overdue payments over regular increments.
Allowing SDD Global to handle your accounts-receivables will thus enhance your cash flow, reduce accounting errors, increase collection amounts, and perhaps even improve your customer relationships with respect to billing, by providing timely and carefully appropriate accounts-receivable follow-up service.
Accounts-Payable:
By ensuring that suppliers and other creditors are paid on a timely basis, and by other means, SDD Global often can take advantage of many discount opportunities that its clients previously did not have the time or personnel to realize. In addition to performing all typical accounts-payable tasks, SDD Global will review your company's current accounts-payable system and implement value-adding processes such as an accounts-payable management database, vendor payment setup and maintenance systems, invoice scanning, data entry, and dispute resolution processes.
Reconciliation Services:
SDD Global can provide your company with the ability to reconcile its checks and books in an efficient, automated fashion, and it can reconcile your business operating account statements for any given period anytime, upon a few moments' notice. We also can implement numerous reconciliation processes, to the extent that they are not already in place, including check payment synchronization, paid check serialization, electronic reconciliation reports and computer-based input and output transmission. |
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SDD Global is ready to provide a tailor-made proposal and approach for any type of business. For example, we are especially suited to provide solutions for film and television productions, which require substantial and rapid back office operations that are vital to the financial and even artistic success of the final product. In many cases, those operations currently are too costly, and not responsive enough, to avoid delays and cost overruns that can jeopardize nearly any otherwise valuable project.
Drawing upon parent company SDD's extensive experience and contacts within the entertainment industry, SDD Global can be a valuable resource for television and film networks, studios, production companies, and talent to utilize for back office production and business needs, including but not limited to payroll, accounting, tax filings, insurance applications/filings/claims, petty cash processing, accounts payable/receivable functions, travel, research, immigration/passport processing, production book assemblage, talent payments, union filings, workers comp claims, crew bookings, etc.
In addition, SDD Global can be an invaluable resource for individual entertainers, producers, production companies and directors to access 24 hours a day, 365 days a year, from anywhere in the world, to handle their day to day business affairs (accounting, contract negotiations, payment collections, etc.) with much greater efficiency and effectiveness than the present-day efforts of an entertainment business manager.
Project Expense Management:
Whether a production company is producing a film, a television pilot, a commissioned television series or an advertising spot, SDD Global can track the client's costs and expenses on a project-by-project basis, ensuring that the expenses remain in line with the budget for any given project, and alerting its clients when a project risks becoming unprofitable based on expenditures already incurred and those that are anticipated. SDD Global also can provide a "financial snap-shot" in connection with a project at the client's request.
Project Expenditure/Profit Analysis:
Upon the completion of any given project, SDD Global can offer a cost vs. profit breakdown for its clients. Perhaps more importantly, we can also perform a comparative project cost vs. profit analysis, either between projects of the same nature, or between projects across a client's various revenue-generating operations, allowing the client to continually monitor and improve upon its efficiency with each project, and enabling the client to identify and focus on the most profitable areas of its business.
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