About the Company
S Doshi Papers Industries Private Limited is a leading manufacturer of label stock or sticker paper, founded in 1984. The company has a rich history of over 30 years of excellence in the label industry. Over the years, the company has grown and evolved into a solutions-driven organization that provides high-quality products and services to its clients worldwide.
The company’s success can be attributed to its dedicated team, which is committed to delivering exceptional quality and service to clients. S Doshi Papers Industries Private Limited understands the importance of providing superior quality products and services to its clients to ensure their satisfaction. As a result, the company has implemented a strict system of ISO 9001:2015 certification by SGS-Ukas to ensure consistent performance in all aspects of its operations.
The ISO 9001:2015 certification is an international standard that sets out the requirements for a quality management system (QMS). The certification ensures that the company has implemented a systematic approach to managing its processes to ensure that they consistently meet customer requirements and comply with relevant regulations. S Doshi Papers Industries Private Limited has demonstrated its commitment to providing exceptional quality and service by obtaining this certification.
The company operates globally, providing label stock solutions to clients across various industries. S Doshi Papers Industries Private Limited provides a range of products such as paper labels, films, and thermal transfer ribbons. The company also provides label printing services to clients, ensuring that their labels are of the highest quality.
S Doshi Papers Industries Private Limited strives to be a customer-centric organization that focuses on providing customized solutions to its clients. The company works closely with its clients to understand their specific requirements and provides tailored solutions that meet their needs. S Doshi Papers Industries Private Limited believes that by working closely with its clients, it can build long-term relationships that are beneficial for both parties.In conclusion, S Doshi Papers Industries Private Limited is a solutions-driven organization that provides exceptional quality products and services to its clients worldwide. The company’s commitment to quality and service is reflected in its ISO 9001:2015 certification, which ensures consistent performance in all aspects of its operations. The company’s dedicated team and customer-centric approach make it a trusted partner for clients across various industries.
Streamline all Back End Operations so that you can save Time & Money and focus on GROWING YOUR BUSINESS.
Accounting & Tax: Let us crunch the numbers, so you can focus on growing your business.
Virtual CFO: Experience financial success with a Virtual CFO by your side.
Internal Audit: Gain peace of mind with our comprehensive internal audit services.
Company Secretary: Let our experienced Company Secretary guide you through corporate compliance effortlessly.
The Challenges faced by S Doshi Papers Industries Private Limited
The challenge faced by the business was related to financial reporting. The business was struggling to manage its finances, and the lack of expertise and experience in financial management was a significant hurdle for them. The business needed an agency that could provide them with reliable accounting services and bridge the gap in their financial reporting.
The absence of a proper financial reporting system was causing significant problems for the business. The lack of visibility into their finances made it difficult for the management to make informed decisions, and the business was at risk of falling behind in terms of financial performance.
The business was aware of the importance of financial management, but they lacked the necessary resources to manage their finances effectively. They realized that they needed external help to streamline their finances and ensure that their financial reporting was accurate and timely.
Our Approach
One of the key services offered by the firm is the provision of a comprehensive MIS report that highlights important notifications related to the non-deduction of TDS and GST. This report is an essential tool for businesses looking to improve their financial management practices and minimize risks associated with tax compliance.The MIS report includes critical information such as E-Invoicing and TDS on goods, which allows businesses to plan ahead and avoid potential issues related to tax compliance.
E-Invoicing is a mandatory requirement for businesses with an annual turnover of over Rs. 50 crores. This system enables businesses to generate invoices electronically and submit them to the GST Network (GSTN) for validation. Failure to comply with this requirement can result in penalties and other legal consequences.
TDS on goods is another critical area highlighted in the MIS report. It is a requirement for businesses to deduct TDS when making certain payments to vendors or service providers. Failure to deduct TDS can result in penalties and interest charges, which can have a significant impact on a business’s financial position.
To ensure effective financial management, Savage & Palmer assigns an executive to manage the book of reconciliation. This executive is responsible for reconciling all financial transactions and ensuring that they are accurately recorded in the book of accounts. The accounts manager then reviews the book of accounts and ensures that all financial transactions are compliant with relevant regulations.
The MIS reports generated by Savage & Palmer are discussed with the client to identify areas for improvement and streamline their financial management practices. Weekly calls are set up to monitor progress and provide ongoing support to the client. The ultimate goal of this service is to help clients improve their financial management practices, minimize risks, and improve their overall financial position.
In summary, Savage & Palmer’s service of providing MIS reports highlighting potential issues related to non-deduction of TDS and GST is an essential tool for businesses looking to improve their financial management practices. The firm’s expertise in this area, combined with the support of an executive and accounts manager, ensures that clients receive comprehensive support and ongoing guidance to improve their financial position.
The Results
By analyzing their expenses, we were able to identify areas where they could reduce costs and optimize their budget.
We also provided them with weekly reports on management information systems (MIS) to keep them informed about their financial performance and help them make better decisions for their business. These reports included detailed information on revenue, expenses, and other financial metrics.
Our team also worked closely with the client to develop a plan for their future financials, including forecasting and budgeting. This allowed the business to have a clear understanding of their financial situation and make informed decisions about their future investments and expenses.Overall, our services helped the struggling business to better manage their finances and achieve financial stability. By providing them with the tools and guidance they needed, we were able to support their growth and success in the long term.
