Accounts Payable and Receivable Services | IBN Technologies

1. ISO 9001:2008 Company Finance and Accounting Services

2. IBN Overview • IBN Technologies Limited is an ISO 9001:2008 Company that has been providing high value-added • IT/ITES business services & solutions to organization of all sizes. • IBN was founded by Ajay Mehta in 1999 as a privately held IT Company that specialized in Software • Resources and Technologies. • The early mission of IBN focused on rendering Application Development & Network Management • Services. • In 2004 IBN ventured in BPO service space by offering Finance & Accounting Services, Back & Middle • Office Services to Hedge Funds & FOF and other BPO Services to Travel Sector. • Headquartered in Pune, India which is well known as “Oxford of the East”. IBN has its marketing offices • in UK and USA. • IBN team consists of 75+ Certified Professionals like Graduates/Post-Graduates /CPAs/CAs /CFAs • /CMAs/Microsoft Certified Professionals with diverse experience in field of Accounting, Finance, • Investment, IT Software & Technologies. Vision Statement “IBN’s vision is to become the most sought after multi service provider by way of consistency in delivering quality and value multiplying services within the constraint of time and capital under the arc of compliance to regulations concerned.” Mission Statement “IBN’s mission is to be recognized within the industry as a global service provider of offshore services ranging from Back Office Services in Investment Management and Financial Accounting sectors to IT sector with high quality and control.” www.ibntech.com

3. IBN Capabilities • IBN Credentials • One of the upcoming outsourced shared services organization rendering services to CPA / Accounting • Firms & Corporate houses • A tier II supplier in US and UK and one of the very few true end-to-end Finance & Accounting service • providers to CPA / UK Accounting Firms and SMEs. • Registered STPI unit with Software Technology Park of India (STPI) – Pune, a government of India’s • set up for IT-Enabled Sector (BPO). • Registered member of NASSCOM. • Strengths • ISO 9001:2008 Company • Located in Pune which is also known as “Oxford of East” with more than 1000 colleges and institutes • providing strongest density of Graduates and Post Graduates. • Dedicated 24*7 IT Professionals’ team supporting BPO operations, standby servers, 200% power back • up and redundant data and telecommunication links. • Industries • Alternative Investment (HF/FOF) • Investment Management Co • US CPA Firms • UK Accounting Firms • Travel Companies & Tourism Corporations • Manufacturing & Retail. • Services • Finance & Accounting • Back & Middle Office Fund Administration • Quantitative Analysis • Application Development, • Software Solutions like CRM , ERP, Trade & • Retail Mgmt System, Portfolio Mgmt, and • Online Travel Management. www.ibntech.com

4. IBN Offshore Center Industry standard facilities at strategically located premises in Pune ensure the best services. For smooth running of IBN’s Delivery center a dedicated Administrative/ Technical team ensures 100% uptime. • 24 hours Power Supply with UPS and Genset backup • Redundancy with Multiple ISP for internet connectivity • Documented security procedures • 24 x 7 guarded entrance and escorted entry to server room and staging areas Development / Delivery Facility • RAID and USB Hard Drives On-site & Off-site • Black ICE / ISA Security Systems Implemented • Closely follow CERT recommendation for Security and Back up implementation. Backup/Security Facility • Bandwidth – 4 MBPS ILL with 8 MBPS x 4 Redundant broadband link • Servers – High end servers Dual Processor server for application and database • Management with Windows 2003 and Red Hat Linux system with necessary remote Management & Reporting Tools • Dedicated P4 machines with Required Application and Tools installed • VOIP Support – US & UK dialing • 100/1000 MPBS LAN • Cisco, DAX and Net Gear Routers • Intel and D-link managed Switches Hardware/ Technical Setup www.ibntech.com

5. IBN F&A Service – Accounting Firm (UK) Accounting & Business Support Accounting Support, Financial Analysis, Process Governance, MIS, Project Accounting Team CPAs/ CAs/ Post-graduates with over 7 years of experience Financial Planning Services Budgeting & Financial Planning Forecasting Reporting Services Analytical Support, Expense/Revenue Allocation, Performance Management, Entity/Regulatory Reporting • Book-keeping Services • General Ledger • Invoicing • Accounts Payable • Accounts Receivable • Bank Reconciliation • Credit Card Reconciliation • Fixed Assets Management • Accounting Services • Financial Statement Preparation • VAT Preparation • Cash Flow & Budgeting • Monthly/ Quarterly/ Year-End • Preparations • MIS Preparation • Costing • Software used • Sage Line 50 • IRIS • VT Transaction • Viztopia & other • similar Accounting Software Treasury & Cash Management • Bank Reconciliation • Cash Flow Statement • Cash/ Treasury Management General Accounting • Book-keeping • General Ledger • A/R & A/P Processing • Fixed Asset Mgmt Employee Payment • Payroll Processing • Employee Tax • Business Expenses Management Others • Finance Reconciliation • Consolidation • MIS Preparation • Inter and Intra- company Finance System Services Maintenance & Support, E-enablement, SOX Compliance, ERP-optimization, Operations & Infrastructure, • Payroll Services • Payroll Processing • Statutory Payments SSP, SMP, SPP • Human Resources Reporting • Time & Attendance Recording • P11, P14, P35, P45 Part1, • P45 Part2, P46, P60 F&A Shared Service Management Commercial, HR, Service Improvement, Client Management, Service Management Help Desk Team • Current Team Strength of 35+ Professionals with over 7 years of experience • Team of Consultants from various Domains & Industries • Team of Software Consultant www.ibntech.com www.ibntech.com

6. IBN F&A Service – CPA Firm (USA) Accounting & Business Support Accounting Support, Financial Analysis, Process Governance, MIS, Project Accounting Team CPAs/ CAs/ Post-graduates with over 7 years of experience Financial Planning Services Budgeting & Financial Planning Forecasting Reporting Services Analytical Support, Expense/Revenue Allocation, Performance Management, Entity/Regulatory Reporting • Book-keeping Services • General Ledger • Invoicing • Accounts Payable • Accounts Receivable • Bank/Credit Card • Reconciliation • Asset Management • Tax Preparation • Individuals – 1040, 1040A, • 1040EZ, 1040NR • Partnerships – 1065 • Corporations – 1120, 1120S • Fiduciaries – 1041 • Non-Profits – 990 • Estate & Gift Tax - 706 • Bookkeeping Software • QuickBooks • Peachtree • Sage • Quicken • ERPs • Tax Software • Intuit’s Lacerte® • Ultra-Tax® • Intuit’s ProSeries® • ATX® • Drake Tax® • Prosystem FX® • Go System®, Treasury & Cash Management • Bank Reconciliation • Cash Flow Statement • Cash/ Treasury Management General Accounting • Book-keeping • General Ledger • A/R & A/P Processing • Fixed Asset Mgmt Employee Payment • Payroll Processing • Employee Tax • Business Expenses Management Others • Finance Reconciliation • Consolidation • MIS Preparation • Inter and Intra- company Finance System Services Maintenance & Support, E-enablement, SOX Compliance, ERP-optimization, Operations & Infrastructure, • Accounting Services • Financial Statement • Preparation • Cash Flow & Budgeting • Monthly/ Quarterly/ • Year-End Preparations • MIS Preparation • Costing • Financial Analysis • Payroll Services • Payroll Processing • Payroll Tax Compliance • Human Resources Reporting • Time & Attendance Systems • 940 & 941s • W2 & W4 Reporting • Quarterly & Annual Tax F&A Shared Service Management Commercial, HR, Service Improvement, Client Management, Service Management Help Desk Team • Current Team Strength of 35+ Professionals with over 7 years of experience • Team of Consultants from various Domains & Industries • Team of Software Consultant www.ibntech.com www.ibntech.com

7. Data Management Method 1 - Remote Desktop • Data and Software resides at client system only and we access the System through Remote Desktop Facility to view and process the data at client side only Process at Client Office Documents are Scanned Server at Client Office with Software & Scan Images of Document Receive Data Info Indian Processing Facility with Dual Monitors www.ibntech.com

8. Method 2 - Offshore Processing • Client uploaded the data at Secured Online Data Management System for data team access and to process it at IBN’s facility. After completion the data files are uploaded to the online Data Management System and client download the processed data backup from the DMS. All the data loaded to DMS resides on these servers and never leave UK shore. Process at Client Office Scanned documents uploaded at Online DMS Client Office in UK Documents are collected & Scanned Data Management Server at secured location in UK with Scan Images of Document Remote Connection to Client System to access software Scan Images are viewed online Indian Processing Facility with Dual Monitors www.ibntech.com

9. Transition Phases Client Client Client Client 1-2 Days 2-3 Days 10-15 Days Ongoing Initiation Knowledge Transfer Transition Steady Phase * Onsite IBN Coordinator (If Required) * Onsite IBN Coordinator (If Required) * Onsite IBN Coordinator (If Required) IBN Offshore Team IBN Offshore Team IBN Offshore Team IBN Offshore Team * Onsite IBN Coordinator can be provided to ensure smooth Transition & Knowledge Transfer. All discussions will be done in person between Client and Onsite IBN Coordinator and in turn between Onsite IBN Coordinator and IBN Offshore Team. www.ibntech.com

10. Offshore Communication Client Microsoft® Outlook 2007 Microsoft ® Project VOIP Support USA/UK Inbound Number E-mail Telecon IBN Team Onsite Coordinator (If Required) Offshore Team (IBN Center) Net Meeting Messenger • Microsoft Net Meeting • Gotomeeting • Techinline • GoToMy PC • Logmein CRM • Skype • Yahoo Messenger • MSN • Google Talk www.ibntech.com

11. Value Proposition • Low Cost of Ownership • Dedicated Team of Qualified and Certified Professionals • Dedicated 24/7 IT Professionals • Full Redundancy • Data Security BUILDING BLOCKS TO SUCCESS BUILDING A PARTNETSHIP STRATEGIC COMPETITVE ADVANTAGE PERFORMANCE DELIVERED Achieving Client’s Satisfaction Greatest Possible total returns to shareholders BETTER OPERATING MODEL ENHANCED CONTROL FRAMEWORK CERTAINTY OF QUALITY WORK Operational Excellence Enhanced MIS system capability CLEAN AUDIT REPORTS ECONOMIC & HUMAN CAPITAL RESPONSIBILITY Enriched Resources Freeing Valuable Resource & Time REQUIREMENTS INNOVATIONS PROVIDING INFRASTRUCTURE Adds to core competencies Provides Strategic Core Competencies FOCUS FLEXIBITY IN OPERATIONS OPERATIONAL Provides competitive advantage DECIDE CHANGES Fluid Operations Client IBN www.ibntech.com

12. Recognition • Registered member of ESC (Electronic & Computer Software Export Promotion Council) sponsored by Government of India. • Registered STPI unit with Software Technology Parks of India (STPI) – Pune, a Government of India’s set up for IT-Enabled Sector. • IBN processes are in compliance to standards followed by Industry leaders (Top 10 Indian IT/ITES Companies). • IBN Quality Management Systems are in compliance to ISO 9001:2008 Standards IBN is registered STPI Unit. STPI is a society set up by the Department of Communication & Information Technology, Government of India in 1991. IBN is registered IT vendor of CMC Limited, a subsidiary of TCS Company which is one of the world’s leading IT Consulting and Service provider. IBN is registered Member of NASSCOM which is premier trade body and the chamber of commerce of the IT-BPO industries in India IBN is registered ESC Member. ESC is sponsored by Government of India. www.ibntech.com

13. Thank You Contact Us Head Office CyberNex, 4th Floor Shankar Sheth Road, Swargate, Pune, Maharashtra 411037 T: +91 20 2426 4182 / 83 F: +91 20 2426 4184 E: info@ibntech.com London Office: Mirabelle House, 26, Barclay Road, Croydon, Surrey CRO 1JN. London. UK T: +44 20 3129 8807 F: +44 20 7022 1713 E: info@ibntech.co.uk © 2015 IBN Technologies Limited. All rights reserved. www.ibntech.com