PrimeGlobal member firms SPC Group, India and Moore Colson recently worked together on a project to achieve mutual profitability and build competitive competency. Karan Gupta, Partner & Practice Development Leader, SPC India shares his experience of working with Moore Colson and his relationship with Managing Partner Bert Mills.
Every year PrimeGlobal members have access to high impact PrimeGlobal conferences. Before the pandemic began these events were a great opportunity for global members to connect at exciting locations spanning the globe. Karan Gupta, Partner & Practice Development Leader, SPC India said "As an active member from India, I cannot begin to explain the immense networking power and experience sharing that comes from having hundreds of Partners from CPA and Advisory firms from across the globe under one roof. We at SPC Group (SP Chopra & Co.), India and Moore Colson CPA & Advisors, GA, USA have been working together since the beginning of 2020 on Offshore Risk Assurance & Advisory (SOX & SOC) services. Our organizations have successfully worked out an off-shore Service Delivery Model and, despite the COVID impact, kept our discussions alive to work with the SPC Shared Services Centre where Primeglobal members can leverage the manpower arbitrage opportunities."
Bert Mills, Managing Partner at Moore Colson CPA & Advisors first met Karan, Partner & Practice Development Leader, SPC India at the PrimeGlobal World Conference in Mexico, back in 2017 where they spoke about their businesses at the Mexican Gala nights. While they have met at several conferences in between, the idea to begin working together took roots at the Rome World Conference in 2019 where they discussed how growing competition from the Big 4 and pressure to reduce cost had led to lower margins and loss of business to mid-size firms, globally. Moore Colson, specifically the RACS team partnered with SPC in the execution of a SOC attestation.
"Throughout the project, the SPC team was always well prepared and offered valuable insights from their varied experiences. Our work with them even led to the creation of new forms and templates that will help us drive efficiencies in our practice. We definitely plan to continue this partnership in the future as it allows us to remain competitive in our marketplace. We look forward to a long-standing professional relationship with them.”" Bert Mills, Managing Partner, Moore Colson CPA & Advisors
Several organizations, akin to Big 4s, are leveraging their offices/ Offshore Centres in English language dominant Asian countries to create a hub for parallel processing and data analysis to enable 24 hour client servicing and cost saving by at least 30-40%. At, SPC, we can enable your Offshore service delivery model by engaging SPC's expert team to guide through the entire process and hand-hold the entire transition.
About the SPC Shared Services Centre
Our Shared Services Centre at SPC Group, India is set up to provide 24 hour client service to the our North America members. We intend to help members secure better margins, catapult growth by through focus on core competencies and multiply efficiency through 24 hour client service.
1. Risk Compliance & Management
- Risk Assurance & Advisory (SOX & SOC)
- IT Security Compliance & IAM
- Process Design & Automation
2.Offshore Advisory Services
- Controls Design, Testing & Implementation Automation
- Transaction Integration Services
3. Tax, Accounting & Audit
- IT Assessment & ITGC
- Annual/ Quarterly Audit
- US & Canada Tax Returns
- Transfer Pricing
- Accounting & Book-Keeping
4. Offshore Technology Services
- Cyber Security Services
- Data Analytics Privacy, Governance & Management
Moore Colson has been providing accounting, advisory and consulting services to mid-market businesses and Fortune 500 companies in the Southeast and nationwide since 1981. Headquartered in Atlanta, Moore Colson is one of America’s largest and top award-winning firms delivering innovative and practical solutions in a true partnership model. We offer expertise in tax compliance & consulting, accounting & auditing, team members benefit plan audit, IT audit security & consulting, Sarbanes-Oxley consulting, restructuring and turnaround services, management consulting, estate and trusts services, lender advisory services, transaction services, forensic & litigation support services, and fiduciary & bankruptcy services for more than 15 industries.Learn more
SPC is a technology-led multi-disciplinary group of reverent young minds, industry veterans and experienced professionals set up in 1949 to provide high- impact and cost-effective solutions to global businesses. Through our direct operations in India, North America and GCC, we serve a diverse range of clients, spanning multinationals, listed companies, privately owned companies, and family-owned businesses across the globe.Learn more