BPS Analytics

1. TRANSACTION ADVISORY SERVICES

Financial Due Diligence (Quality of Earnings): Our services can be tailored to
meet the needs of our client’s specific transaction. Our primary goal support our
onshore partners to carry out these diligences to understand the target company’s
operations and business, evaluate historical and projected financial performance
and underlying sensitivities and risks, and assist with maximizing value from the
transaction.

We also support our onshore partners to carry out these analyses when
they are working on sell-side transactions. We help our teams in preparing these
analyses in form of different schedules for the data book.

Quality checks: We also help our onshore team with quality checks on the reports
that they prepare. We perform these checks both on PowerPoint and excels reports
that are prepared in the form of data books or due diligence reports.

Business Plan Assistance: Our approach is based on the specific needs and
objectives of the company and the key stakeholders involved. Our professionals can
help to develop, review, or analyze business operational plans, service or product line
data, strategy, and implementation. We can also assist with cost and revenue projections, prospective financial statements, and capital structures, including introductions to potential investors or funding sources.

Ad-hoc requests: We also help our partners with any ad-hoc nature requests e.g.
data entry from unfriendly nature documents which required a manual effort of
typing, or converting and cleaning up the pdf converted files to Excel usable formats.
We also perform an ad-hoc analysis on data which eventually becomes an input to
any end reports e.g. A/R A/P aging analysis, analyzing employee data etc.

CASE STUDY

Transaction: ABC is working on a due-diligence of a buy-side deal for a client bases
out of New York.

BPS Role: BPS professionals works hand in hand with our onshore ABC team
members to carry this analysis. Not only this leads to quick and efficient turn around
on these analyses due to different time zones and continuous work by change of
hands at the end of day for both teams but also becomes cost efficient for onshore
team as BPS carries over the same analyses at one fifth or may be lower cost than
onshore. BPS helps on the following:
Evaluation of data and converting these source files into databook format which is
also an end deliverable at times. BPS helps in creating different financial schedules
by understanding the source information provided by client.

• Financial and business assessment of the business drivers, quality of earnings, and working capital to support equity underwriting and facilitate financing
• Financial and operational assessment of the anticipated synergies, capital
  requirements, and timeline to realize
• Perform the quality checks on the data books which then becomes an input to the
  final report to be created or and end deliverable which goes to the client.
• Handling any ad-hoc nature requirements by the onshore team and also
  performing a final quality check on the reports.
• Saving a lot of time, effort and money for onshore teams by working on non-core
  tasks which helps onshore teams to focus on quality and core part of the business.
  It also helps in bringing cost efficiencies to overall deal margin as the BPS services
  comes at very reasonable price to the onshore partners.

2. FINANCIAL PLANNING & ANALYSIS

BPS also helps in providing backend support to financial planning and analysis
teams working in budgeting and forecasting of company financials.
We have a proficient and well trained staff who has experience of working in
corporate finance teams. They are well trained on working on these different tools
and have some high analytical skills to carry out such analysis. These are young
professionals who are always keen on learning new things and always ready for
newer challenges.

Budgeting & Forecasting: All the organizations have corporate finance teams to
perform annual exercise of creating budgets. Not only are this teams paid highly to
carry out the monthly forecast activities. We can provide these services from BPS at
80% lower cost. Our team has enough experience on these activities. They can work
hand in hand with corporate finance teams to help them in expediting this as there
is always a crunch time when these activities are performed before the beginning of
a new period.

Comparative Analysis/Trend Analysis: Once these budgets and forecasts are created, it becomes highly urgent to keep of track on these by comparing the actual performance with these budgets. BPS can help businesses in doing the comparison of these statements with actual results. Not only this if access is given at the transaction level teams can also come up with detailed analysis of what and where the differences are.

Revisions/Updates: forecasting is done over a rolling period while budgets are fixed most of the time. Our teams here can help in revision of these forecasts with changing
scenarios by understanding the conditions and analyzing the results.

Ad-hoc requests: We also help our partners with any ad-hoc nature requests e.g.
data entry from unfriendly nature documents which required a manual effort of
typing, or converting and cleaning up the pdf converted files to Excel usable formats.
We also perform an ad-hoc analysis on data which eventually becomes an input to
any end reports e.g. A/R A/P aging analysis, analyzing employee data etc.

Cash Register/Sales Register Maintenance – We can help in maintaining the
sales record on daily/weekly/monthly basis and also reconciling the same with
actual sales.

CASE STUDY

Case: A small retail store in Boston is unable to keep a track of sales & costs as they deal
majorly in cash and at the end of day they have lot of vouchers which they can’t keep
a track of and also due to which they are unable to forecast and budget their
financial at the beginning of each period. They have an accountant but he is always
busy with filing returns and other compliances. Now hiring a 2 person team to keep
a track of the financials costs them too high in local market.

BPS Role: BPS can provide a one stop solution to the store by giving them a person
who will help them in keeping a track of all the vouchers. Store at the end of each
day can send all PDFs of these invoices and BPS can help them in maintaining a
monthly register on excel. Also, BPS has capabilities to do the analysis of the data
and with the help of some historical data BPS can help the store in budgeting and
forecasting of costs and revenue for each period.

• Maintaining a cash register by keeping a track on each transactions and reconciling
  it with total sales at the end of each day. And then at the end of each month.
• Understanding the business dynamics and doing the seasonality analysis which can
  lead to more accuracy in budgeting and forecasting.
• Evaluation of historical revenue/sales data and coming up the model which defines
  the dynamics of the business and doing more accurate budgeting.
• At the same time, we can also help baker in cutting the costs by understanding any
  wasteful business activities.
• Financial and operational assessment of the anticipated synergies, capital
  requirements, and timeline to realize.
• Perform the quality checks on the data books which then becomes an input to the
  final report to be created or and end deliverable which goes to the client.
• Handling any ad-hoc nature requirements by the onshore team and also
  performing a final quality check on the reports.
• Saving a lot of time, effort and money for onshore teams by working on non-core
  tasks which helps onshore teams to focus on quality and core part of the business.
  It also helps in bringing cost efficiencies to overall deal margin as the BPS services
  comes at very reasonable price to the onshore partners. As hiring an accountant in local market may cost 5-7 times higher.

3. FINANCIAL BOOK KEEPING & MONTH END CLOSE
We at BPS Analytics, offer to cater Accounting & Reporting services in most
professional and cost effective way. We understand the nuances of F&A
requirements in every industry, and hence deliver industry-specific services in
verticals spanning insurance, media, retail, manufacturing, shipping and logistics,
telecom, travel and utilities.

BPS’s experienced team in Accounting and Reporting prepare & close the
month/quarter/Year-end financial ensuring transactions is supported by the source
document and is recorded in correctly and in appropriate ledger. A complete set of
financials, P&L, Balance sheet, GL, TB, and Bank Reconciliation would be readily
available in month/quarter/Year end package before the due date. In addition to
support Audit, We also offer to accompany Assets and Liabilities schedules along
with monthly/Quarterly/Yearly Financials.

Month/Quarter/Yearly Close: Our services can be tailored to meet deadline for
month end close accounting and reporting. The entire package covers each and
every accounting transaction and publish the result in P&L and Balance Sheet
followed by various Assets and Liabilities schedule to support Audit compliance.
Our primary goal is to understand the company’s accounting operations and put
focus on reducing TAT with highest accuracy on month end reporting.

GL Preparation: We are well organized and can meet the needs of our client’s day
to day accounting transaction and record them with proper attention towards
accounting policies/standards. We have team of experts who will record the Journal
entries into the reporting system in most professional way. We always move step
forward as our relationship gets matured over a period of months. We have
organized and dedicated teams who assist to streamline, uniform the Chart of
Accounts across various Segments/Locations.

Accounts Payable: We emphasis on accurate and timely recording of expenses and
support clients in helping them manage the Invoice Processing & Vendor
Reconciliation etc through our end. This helps company pay on timely basis to the
respective vendors. Other services may include Vendor master data
cleanup/updating whenever needed.

Accounts Receivable: Our team is experienced enough to manage thousands of
customers records and timely recording of invoice and matching with receipts. We
emphasis on accurate and timely recording of Revenue per the accounting principle.
We also offer generating invoices for revenue and emailing/mailing them to the
respective customers of the incumbent client.

Bank Reconciliations: A company’s accounting and bank reconciliation processes
comprise of many aspects. From handling accounts receivables, payables, checking
invoices, general ledger accounting to bank reconciliation, all of them are
fundamental in creating an accurate record of the company’s transactions. We
identify and fix accounting errors found during bank reconciliation. Our Bank
Reconciliation offering comprises of:

• Comparing company’s checking account with bank statement
• Review of checks, written receipts or invoices
• Comparing company’s cash account with general ledger account
• Identifying and fixing errors in accounting records

CASE STUDY – Day to Day Book Keeping and Month End Close
Transaction: The management team of a middle-market, private-equity-backed,
multi-location Restaurant Chain had difficulties to close their month end books.
Hiring a professional teams directly impacts the bottom line of the business as these
services are highly paid services in local market.

BPS Role: BPS professionals were retained by the private equity firm to close the
books and manage day to day accounting & reporting activities. Deliverables were
ready within the due dates with saving of 2 FTE efforts on accounting role monthly
basis and also the same was done at one fifth the cost in local market.

• Each Restaurant store manager was the key in charge to share the input/invoices
  & figures for sales for day to day business operations /activities from Accounting &
  Reporting angle.
• It was observed Information used to be gathered through email, which was not in
  uniform pattern/order among all the locations. Movement of good from one
  restaurant to other restaurant at times shown as sale in once location while other
  location of restaurant showing the same as stock transfer. Hence it was misleading
  company’s actual expense/Income.
• There were Gift cards coupon used to be sold/redeemed at respective restaurants
  but details were not matching with accounting records. It was observed many times
  Liability for Gift card sold were not recorded rather it was recorded as Earned
  Revenue. All those error were restated
• A fixed and uniform format for sharing information were introduced. So that each
  line item can be read and recorded accordingly.
• Delivery of month end Package with Accuracy and TAT

CASE 2– Day to Day Book Keeping and Month End Close

Transaction: A privately held manufacturer of Auto parts (Automobile Segment)
has difficulties in maintaining the books and closing.

BPS Role: BPS professionals were retained by the Sole Proprietor. He had recently
moved from Cash Basis Accounting to Accrual Basis of Accounting and had been
struggling since many items were not being appropriately recorded per Accrual
basis. In addition he wanted to shorten the process of month end close.

• COA were updated
• Standard format circulated to all his stores for input/details
• Accrual/Deferrals were missing. It was fixed
• Reconciliation for Inventory, Vendor, Customer were updated, discrepancies in
  invoice matching resolved.
• Reconciliation for Inventory, Vendor, Customer were updated, discrepancies in
  invoice matching resolved

4. SOCIAL MEDIA ANALYSIS/OTHER SUPPORT SERVICES

We also provide the basic level services which may include data entry from one
source to another. We can align a customer service support team to support to
handle customer grievances received on email or over the chat.

We also added a new service recently in which we will handle your social media account e.g. Twitter, Facebook etc. This will cover replying to followers, promoting business services, handling blogs and doing the analysis on the statistics related to social media and it’s impact.

BPS has good English speaking, typing resources who can handle all customer
queries by following a script or understanding the technicalities. These services
comes a very nominal price than the local market.
These services include explaining a product specifications to a customer over the
email or giving them a step to step procedure for installation of a product. Not only
this we have trained staff who can help in data entry for filling templates by looking
into various sources of information. This may include basic research as well from
the internet search engines.
CASE STUDY 1 – Data Entry and Analysis

Transaction: A dental business in a downtown issues multiple invoices and is
unable to keep a track of every customer. Every year end their books doesn’t
reconcile due to multiple invoices and some being lost or not recorded on time.

BPS Role: BPS professionals can help in keeping a track of these invoices by
recording them on Excel and update regularly. Client sends these invoices in PDF
and JPG format to BPS and BPS helps them in picking up the important information
from these and recording on prescribed formats. At times this may lead to form
filling as well by looking at the customer database e.g. recording names, age, fees
and invoice number information.

• We update the forms, register or any excel based database using the source
  provided in different formats.
• This helps in reconciling the total number with transaction level information
• At times this information is very important from audits point of view
• This helps in smooth running of business operations and keeping a track on
  various business aspects
• These services comes are very nominal price not only saving a lot of money for
  clients but also allows them to focus on their core activities.

CASE STUDY 2– Customer support Services

Transaction: A small appliance manufacturer is continuously losing customers due
to poor customer service. He is unable to focus on operations when he tries to reply
to hundreds of emails received from people across the country both with queries
related to bugs customers are facing or inquiries about the product.

BPS Role: BPS staff can understand the product dynamics e.g. installation, fixing
small issues or specifications for the purpose of responding to the customers. This
can a process driven script or a customized answer to each query. An email account
will be handled by BPS person to respond on all queries coming to the business in a
TAT agreed upon. E.g. A inquiry about the product, email would be understood by
BPS person and replied accordingly following a prescribed script.

Or at the same time, these small queries can be handled over the chat and red flag
report is created for the customers for any queries beyond the Service level
agreement. This not only helps in real time service support to clients but also leads
to a happy satisfied customer directly boosting the top line.

• Email support – A TAT is agreed e.g.24-48 hours and the reply is given and if
  anything is beyond BPS knowledge client is informed immediately. Report is sent every week giving a break up between queries and sales enquiry which may become a potential lead to generate business
• Chat Support – This is real time basis support given to clients. A trained person
  can handle multiple chat windows and provide solutions to multiple users at one
  go. Feedback is also taken from the customer and notified to client through reports.
• Social Media – We also added a new service recently in which we will handle your social media account e.g. Twitter, Facebook etc. This will cover replying to followers, promoting business services, handling blogs and doing the analysis on the statistics related to social media and it’s impact.