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Company Profile-V1

JPW Financial Services is an outsourced accounting and tax solutions company focused on serving US-based enterprises and CPA firms for over 8 years. The company offers a comprehensive suite of services including payroll processing, financial statement preparation, and virtual CFO services, supported by a team of over 80 professionals. Their state-of-the-art infrastructure and commitment to timely, high-quality service enable clients to trust them with their accounting needs.

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0% found this document useful (0 votes)
10 views14 pages

Company Profile-V1

JPW Financial Services is an outsourced accounting and tax solutions company focused on serving US-based enterprises and CPA firms for over 8 years. The company offers a comprehensive suite of services including payroll processing, financial statement preparation, and virtual CFO services, supported by a team of over 80 professionals. Their state-of-the-art infrastructure and commitment to timely, high-quality service enable clients to trust them with their accounting needs.

Uploaded by

atulh
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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JPW Financial

Services
Yo u r A c c o u n t i n g P a r t n e r
We are in Business of taking care of your
Business

JPW Private Limited is a leading Outsourced Accounting & Tax solutions company. We are in the business
for over 8 years. Our exclusive focus is US based small, medium & large enterprises seeking accounting &
tax support as well Certified Public Accountants (CPA) firms. We provide complete suite of outsourced
accounting services to the US clients as a turnkey solutions. Through our integrity, experience, and
extensive knowledge we aspire to provide excellent service and add value to our clients’ portfolios. We
are a team of over 80+ professionals including qualified certified public accountants (USA), chartered
accountants as well as staff accountants who are always very excited and responsive to deliver our
clients’ requirements. Our state of the art infrastructure including highly secured offices with restricted
access, technology set up and well-trained team make us the best-in-class. Our team is the heart of our
organization.
Accounting Services

Our Services Tax Processing


Preparation of Financial
Statements
Audit Support Services
Outsourcing Accounting Services is
necessity post to Pandemic. Virtual CFO

Payroll Processing

Cost Analysis & Operational


Analysis
Merger and Acquisition
Key Benefits of Accounting
Outsourcing
Many employers today outsource functions of their business not directly related to income
generation. What is outsourcing? Outsourcing is a contract with an outside service provider to
perform business processes. It helps increase shareholder value by the reduction of non-core
function costs.
Why only we
KMK Ventures believe in quality of work and timeliness is of utmost importance. We, as a
team of accountants, deliver our commitments on a 100% timely manner allowing clients
to trust us with their ongoing operations.
• Comprehensive range of services
• United States(US) specific exclusive focus
• Up-to-date training and knowledge base of our team
• Punctual completion and delivery of work
• Responsiveness (something we are highly known for)
• Experienced Chartered Accountants and CPA
• No incidental charge of cost
OUTSOURCING MASTER FRAMEWORK
Structured approach to outsourcing
INFRASTRUCTURE- KEY HIGHLIGHTS

Physical
• Off shoring center in Nashik (the foremost outsourcing hub in India)
• Uninterrupted power supply (UPS backup)
• Spacious office set-up (2000 square feet) with modern facilities to ensure optimum productivity
Hardware
PCs with latest technology configuration
• Segmented LAN with firewall protection
• Secured data access using encrypted SSL access
Software
• Access to current versions of accounting and tax software's like QuickBooks, Sage
• Dedicated bandwidth through a 1 GB leased line to maintain 24*7 online connectivity
• High speed secondary broadband connections for additional redundancy
Connectivity
• 50 GB Speed
CASELET 1- CONSTRUCTION AND
DEVELOPMENT INDUSTRY

Our Services:
Accounts payable processing involving entry of invoices and generation of management reports
Client Profile:
A well-known real estate developer based in Vancouver with proven expertise in constructing and developing high rise concrete
homes
Client Size:
SD 300-350 million with 60 employees
Challenge:
Rising staff costs along with problems involved in expanding operations triggered the search for an outsourcing solution for their
accounts payable team beginning with the entry of AP invoices.
Solution:
• Team of two accountants was set-up to service the stiff service levels (same day TAT with 99% accuracy)
• Designed a migration plan that covered business, technology , process review and work-flow steps
• Two week comprehensive training program to familiarize staff with the software (Timberline) and the process
• Gradual transition from the pilot phase to the “live” phase ensured smooth scaling up
Achievement:
Same day turnaround with 99.7% accuracy levels for a daily processing volume of 95 invoices per
CASELET 2- CA AND ACCOUNTANCY FIRMS

Our Services:
Accounting and payroll services in Simply Accounting and QuickBooks for small medium size companies
Client Profile:
Accountancy firm providing accounting services to small medium businesses.
Challenge:
Using outsourcing to reduce cost and eliminate any onshore hiring.
Solution:
• A junior accountant was set-up to service the client. Review handled by a senior accountant
• A pilot phase was designed (1.5 month) where-in we gradually increased the workload from handling 10
companies to over 50 companies in a month
• Quickly reviewed the existing practices of the end clients (retailers, wholesalers, professional services) and
created process manuals to capture key accounting practices for each sector
Achievement:
• Client achieved cost savings of 40% when compared against an onshore option
• Client added new customers without increasing head-count.
CASELET 3- WHOLESALE AND DISTRIBUTION

Our Services:
Monthly bookkeeping services- invoicing, expense accounting, accounts payable processing (including credit cards transactions),
accounts receivable processing (booking receipts), bank and credit card reconciliations and general ledger maintenance.
Client Profile:
Wholesale and distribution firm based out of Alberta, Canada
Challenge:
• Migration of clients books from Simply Accounting to QuickBooks
• Setting up of charts of accounts in QuickBooks
• The client had a large list of raw material and finished goods items and they had to be checked and coded tothe right accounts
Solution:
• An experienced junior accountant was set-up to service the client. Review handled by a senior accountant
• Set up of a clean and logical charts of accounts
• Rationalizing and correcting the item list to reflect direct cost
• Setting accounting procedure to handle work-in-progress items
Achievement:
need of hiring a part time accountant in Canada
Growth and Key Performance Indicators – JPW Clients
Contact Information

USA PHONE INDIA PHONE


+1(210) 610-7013 +91-253-2972829

Email: info@jpwfs.com,
Email: info@jpwfs.com, atul.h@jpwfs.com
atul.h@jpwfs.com

ADDRESS ADDRESS
2600 South Shore Blvd Suite 7th Vaishdeep Apt. 4th
300,League City, TX 77573 Scheme Cidco, Nashik-
422009, Maharashtra,
Web site: www.jpwespl.com
Thank You
YOUR COMPANY NAME

League City +1 (210) 610 7013 www.jpwespl.com

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