For ‘Total Advantage’ in Financial Services

Posted By : Anantha Narayanan K

Total Strategic Solutions India Pvt Ltd is a service-based company, operating under the brand name ‘Total Solutions’ offering its clients high-end Accounting, Taxation, Statutory and Payroll services. “We ensure Total Advantage to our clients by providing one-stop solutions in Accounting, Tax advisory &Compliance. There will be no hassle of employee recruitment, training, retraining and retention. Total Solutions ensures uninterrupted services. Because of our seamless compliance services, our clients can fully concentrate on their core business activities without worrying about taxes and statutory,” says A. Subramani, Managing Director, Total Strategic Solutions India Pvt. Ltd. in an interview with Advantage Karnataka.

1. Could you give us an overview about the operations of Total Solutions? What makes the company unique from others in the sector?

Total Strategic Solutions India Pvt Ltd is a service-based company, operating under the brand name ‘Total Solutions’ offering its clients high-end Accounting, Taxation, Statutory and Payroll services.The company has in its armoury a plethora of financial advisory services, and we have established ourselves as a top-notch company with proven excellence in meeting business’ growing financial needs and ensuring excellent profitability.We are a company with exceptional ability and a proven track record and high success rate in appearing for appeals in tribunals of tax and statutory.We have successfully carved out a niche for ourselves as a single-stop destination for Accounts, Inventory, Taxation, Payroll, Fund Syndication, MSME advisory, MSME listing, Mergers, and acquisitions.

2. Over the last 24 years, Total Solutions has been providing reliable financial advice. How successful has been the company in achieving its missions?

The company has comprehensively established its brand and has been successful in its client servicing. The mission and vision of the company have always been in the front line and adapting with the times.

3. Could you talk about the role of professional consulting services companies in making successful entrepreneurships? What are the new trends and challenges?

With the advent of technology, professional consulting services have undergone a paradigm shift.No longer are clients interested in basic internal audit or cross verification of ledgers.It has become mandatory for professional consultancy services to provide clients with multiple reports, which aid the entrepreneurs in making business policy decisions and remain in the forefront in this competitive and ever-changing business world. Here are some interesting insights into the various reports that were provided and how these reports in turn enabled the client management to take some incisive and tough decisions:

A product-wise profitability report aided a client management team sieve through products, which were making profits from those making losses.This separating of wheat from chaff helped the management in taking appropriate decisions on scrapping the product or revising the sale price or coming up with alternative marketing strategies.The ultimate result – boost in gross profit was achieved, which consequently led to increase in the net profits without even decreasing indirect expenses.

Marketing MIS: In this, the management was provided a combination of reports that threw light on state-wise and territory-wise performance of individuals involved in business development. It was further broken down into maximum/minimum sales/profit per person/team.Management was thus able to encourage the nonperforming marketing executives to perform better and reward the high-achieving marketing executives.

Every business has its fair share of challenges due to the ever-changing trends in the business ecosphere.Here at Total Strategic Solutions, it has been our continuous endeavour to reduce costs and pursue incessant monitoring.We have put in place timely reporting systems which helps identify loopholes, thereby take suitable steps to set it right.This rigorous and systematic approach has resulted in making the company a profitable venture and achieve top notch results.

4. Total Solutions is providing exclusive services to startups and MSMEs. Could you shed more light onto this?

With start-ups and Micro, Small, Medium scale enterprises becoming a major force that is driving the Indian economy, we offer a constellation of exclusive services to cater to these start-ups and MSMEs as well as Interstate and Overseas.

  • Our key offerings include Fund syndication, Amalgamation, Mergers, Acquisitions, Valuation – Companies/Startups/MSME/Corporates, Advisory – MSME, Startup Govt. Schemes. We also offer outsourced maintenance of Accounts, HR, Inventory, Payroll (PF, ESI, PT, TDS) and services in Direct Taxation – Income Tax, TDS, TCS.  Indirect Taxation – GST.  Statutory, Internal, Transfer Price, Compliance, Audit, Appeals etc.
  • Registrations Incorporation – Proprietary, Partnership, LLP, PVT Ltd, LTD, Society, Association, Trust.
  • Post Startup Registration – GST PAN, TAN, Inspector of Factories, FSSAI, Weights & Measures, Pollution Control Board, Professional Tax, PF, ESI, Trademark, Patent, MSME, NSIC.
  • SWOT Analysis.

5. How do you assure ‘Total Advantage’ for your clients?

We ensure Total Advantage to our clients by providing one-stop solutions in Accounting, Tax advisory &Compliance. There will be no hassle of employee recruitment, training, retraining and retention. Total Solutions ensures uninterrupted services. Because of our seamless compliance services, our clients can fully concentrate on their core business activities without worrying about taxes and statutory. One major advantage for the clients is that we have an umbrella of services encompassing Tax & Statutory, Startup business planning, Registrations, Compliance Implementation, Funding Syndication, MSME advisory services to avail Government of India and State Government schemes and incentives.

6. Total Solutions is keen to work with businesses that have global aspirations. What are the services offered for overseas entrepreneurs?

We help overseas entrepreneurs to set up joint ventures wholly owned, subsidiary, independent company, and liaison office in India.We offer them single-point services for all their Accounting, HR, Invoicing, Payment follow-up and act as their local representative office in India. We are an Indian company who understand Indian industry better. We update our overseas clients with respect to complete compliance of Indian taxes, statutory and transfer pricingrequirements.We ensure total compliance with regard to returns filing and advisoryservices.

7. What is the future roadmap for Total Solutions? What are the focus areas and expansion plans?

Total Strategic Solutions is looking to expand its base by providing pan India services and attracting international clients by providing solutions adhering to the mantra of ease of doing business in India.We are aiming to expand our business base.To this effect, we have recently unveiled a mobile app by name Tax Brahma in Android and iOS platforms.This easy to navigate app is designed with technology aimed at marrying online convenience with offline advisory services.This is targeted at gadget lovers with comprehensive information on topics ranging from starting a business to complete compliance with answers to all queries of the business fraternity, thereby aiding in doing business from any part of the globe and from the comfort of one’s home.

We constantly strive to train our team with international and national requirements and upgrade their skills to serve as a one-point destination for the services offered by us. Our future roadmap is One India, One Answer to all accounting, taxation, statutory, payroll and allied needs.