Pro-TEAM solutions Pvt Ltd, is one of the leading service providers for retail industry at PAN India level and it offers specific customized offerings which includes Showroom Audit, Compliance audits, Warehouse audit, Asset Verification, & Return / Damaged stock Audit.”Leading showroom audit service provider across India for the retail industry. Single largest audit service provider for most of the companies in garments and footwear retail industry”
We are one of the leading service providers for retail industry at PAN India level and we offer specific customized offerings which include Showroom Audit, Compliance audits, Warehouse audit, Return / Damaged stock Audit, SOP audit, Hygiene audit, Despatch audit, GRN audit, Reconciliation and Asset confirmation.
Our team is equipped with the latest scanners and infrastructure needed for scanning the inventory and has bandwidth and experience for catering stores across India. Our team is based locally in all regions which give the client the benefit of getting multiple audits across all region delivered simultaneously.
All our services are IT-enabled giving access to client complete information on audit progress and results by accessing our portal.
Industry focussed – Apparel, Footwear, FMCG, Pharmaceuticals, Electronics, Automobile.
Pro-TEAM is awarded by IQA as the best service provider for the retail industry in 2019
Fixed Asset Mgmt
Fixed assets management is a complete solution starting from capitalization, accounting, numbering to barcode tagging and regular periodical reconfirmation/verification. It also includes regular maintenance of Fixed assets register as per various statutes and computation of deprecations and revaluation of assets at frequent intervals. Organizations face a significant challenge to track the location, quantity, condition, and maintenance and depreciation status of their fixed assets.
Pro-TEAM has the bandwidth, experience, and exposure to provide complete FA solutions to its various clients involving multiple locations, branches, stores, manufacturing units, and warehouses. In addition, we extend the services to have regular support to generate asset tags for additionally added assets from the back office. We can also take responsibility for managing the Fixed Assets Help desk.
Internal control & auditing
Internal control and auditing is a process for assuring an organization’s objectives in operational effectiveness and efficiency, reliable financial reporting, and compliance with laws, regulations and policies.It helps an organization accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes.” In simplest terms, the duties of an internal auditor are to: Objectively review an organization’s business processes.
We undertake complete checks and control from Sale order generation till receipt of payment (AR process) and from Purchase Order to payment to the vendor (AP process)
Our approach to Internal Audit
• Understanding scope of work and implementation of framework.
• Deployment of right skill and mix of team to review control and audit.
• Consistent investment in our team through regular training and development
• Complete documentation as a proactive approach for next period’s audit
• Focus on assessment of Internal Controls and provide feedback for improvement
• Come up with detailed reporting highlighting the coverage, observation, implication and recommendations.
Project Site Inventory
Generally, Project Industry will have its operations spread across multiple states at remote sites bringing challenges of accounting of receipts, issues and other transactions on a real-time basis. Our AIM is to “Manage the Inventory and its accounting at sites so that Project Team and Other Stake Holders can have easy and accurate access of Inventory position to take decisions on contractor, supplier and provide accurate inputs to sourcing team to procure the materials WELL IN TIME”
We undertake the responsibility of deploying the skilled resources at the remote site locations and take complete responsibility of Inventory – receipts, issues, housekeeping & stacking and its documentation and reconciliation on a regular basis. Pro-TEAM has come up with a simple tool-PSIT, which ensures all such transactions happening through software thereby giving various accurate and timely reports relevant to various stakeholders. We also undertake contractor reconciliation, material reconciliation and site compliance audits at Project level. Industries targeted: Transmission, Distribution, Railways, Roads, Electrical & Construction industries.
Payroll refers to the process by which employees receive their salary. Functions involve balancing and reconciling payroll data and depositing and reporting taxes. The payroll department takes care of wage deductions, record keeping and verifying the reliability of pay data.
We take up complete payroll process outsourced to us wherein we manage it in a secured & cloud-based web application where each employee of our client is given the access to see all the relevant salary and payout details required by them. We have attractive pricing for small organizations who can’t afford these technologies due to their low number of employees.
Pro-Team offers an extensive range of Accounting Outsourcing Services, customized to address the needs of big, medium-sized and small companies. We have the experience and bandwidth with exposure to multiple ERP – SAP, Oracle, Tally etc to cater to various outsourcing engagements.
The major services offered are:
• Bookkeeping services, ranging from full outsourcing to accounting supervision services.
• Accounts receivable process.
• Accounts Payable process.
• Tax help desk
• Vendor bills desk
• Reconciliation – vendor / customer
• Stores & Invoicing team
• Data migration support
Proteam offers the complete solution to a mid-sized and small-sized warehouse for finished goods & Raw materials taking full responsibility of complete transactions –receiving, issues and invoicing and dispatch.
Proteam advantages are:
• Trained & Experienced team
• A planned storage system as per 5 S guideline
• Established stores SOP
• Bin / Layout defining
• Exposure of ERP – SAP / Oracle
Account Payable Management
Accounts payable in a manufacturing industry is broadly carried out at 2 different locations, the first process happens at its plants and manufacturing locations where the procurement and supply happens and vendor submits its documents for processing and next step of processing the bills and payments is generally centralized at its shared service centers for better productivity.
This entire activity passes through different department and persons before the same is actually paid. We at Pro-TEAM ensures smooth flow of correct and timely documents and information to the final bill processing/payment team thereby ensuring timely/effective AP cycle.
Types of transactions include:
• GR-based transactions
• Non-GR based (service) transactions
• Contractual payments
• Employee claims
• Statutory payouts
Putting right skillset with process and checklists, daily monitoring, vendor interaction, reconciliations and confirmations, day end dashboard are the differentiators we carry for this process.
Compliance Process Management
Compliance management is the process by which managers, plan, organize, control, and lead activities that ensure compliance with laws and standards.
• Compliance under Companies Act
• GST credit & reconciliation process
• Labour law compliance process
• E-way Bill related support & compliance
• Income Tax support Help desk
Ensuring timely collection is a very important task for every organization, Pro-TEAM takes over the responsibility of tracking the invoice post invoicing stage, ensure proper and complete supporting submission, timely processing at customer place and systematic follow up to ensure timely booking and payment. “It’s a Pro-active & Preventive solution to own the complete process after Invoicing till collection of money by systematically tracking & following up at each and every milestone to ensure timely collection”
We also take up regular reconciliations and issue resolution at the customer level to ensure any issues and disputes gets resolved and money is collected within due date. We have an in house software (Receivable Management System), which tracks the complete flow of receivable life cycle and gives updates on collection status at customer and invoice level highlighting the various stages at which invoices are placed and helps in forecasting the week when same will be collected.
Pro-Team is the preferred partner for companies looking to outsource employees or hire contractual staff on a permanent or short term basis. We have extensive experience across industry verticals, catering to requirements of leading names in servicing multiple industry sectors like retail, engineering, manufacturing industries, Infrastructure Railways, Services and more.
Our expertise is PAN India presence, strong HR back office team, access to major job portals, database pool of experienced SAP and other ERP and domain experts, 100 % compliance to all labor law statutes.
Proteam believes in IT-enabled service offerings and has developed various IT tools which has made our services more focused, transparent and result oriented. We believe in SAS model, wherein we offer various software as solutions and service. We have developed various tools keeping in mind the usage and complexities.
PSIT – Project Site Inventory Tracker – It manages the site inventory recording daily receipts, issues and confirm stock position at material and contractor level.RMS – Receivable Management System – It manages and tracks the complete outstanding at customer and invoice level and helps in analyzing the complete receivable at any point of time.POD – Proof of Delivery Tracker – It gives complete analysis of all despatched consignment and their delivery status and helps in ensuring action points for delayed/non delivery of shipment. Payroll – Managing Payrolling – Helps in processing and managing monthly payroll and employees record.