In contemporary commerce, SMEs dominate many important industry sectors. In terms of entrepreneurial activity, SMEs often occupy fragmented or niche markets and look for quality services to improve revenue and other business strategies. However, SMEs often cannot acquire all required resources which prevent successful implementation of strategies; and lack various management strategies and requirements. Perceiving this challenge faced by SMEs, SansPareil Corporate Advisory Group was incorporated in February 2012. The venture provides financial services and business optimization services to small and medium business and to enterprise customers. “We did initial analysis and found out that there was a gap between what an SME required and what was being offered to them. So we came forward to fill this gap with our services,” says Jayaram.
This Chennai headquartered firm is dedicated to provide financial services and business optimization services to the small and medium business and to enterprise customers. “There was a need from clients of micro, small and medium sector. So our offers were primarily on financial accounting and later on we moved into strategy,” adds Badhri. The firm assists its clients by providing specialized services such as Working capital optimization services, detailed Opex review on the P2P, O2C and R2R spheres apart from the Shared Services, Financial Information Services, HR Managed Services, Outsourced CFO Services and more. The SansPareil team has also invested in training and development of people in technical trading, finance domain, industry related training etc., which ensures quality for the kind of effort they put in.
Combining creative problem solving with analytical rigor and a deep understanding of competitive markets, SansPareil works to resolve the complex challenges clients face
Combining creative problem solving with analytical rigor and a deep understanding of competitive markets, SansPareil works to resolve the complex challenges faced by clients, often in highly regulated industry sectors, to develop business strategy. “Having a combined three decades of relevant experience, we wanted to carry out best of practices that we have seen in multinational companies. According to Jayaram, “affordability for management practices is not an issue,”. The essence of the management practices that the team SansPareil recommends to its clients make the firm a game changer in the sector. “Our uniqueness is in our ability to adapt our recommendation to the needs of our organization that we are consulting,” says Badhri. According to Balaji, who heads the HR vertical believes in “Simplify and automate processes and procedures, so that it drives consistency of practices, monitoring systems”. Believing ‘quality’ as a weapon, SansPareil is aware of the clients’ need for quality and is willing to work towards it.
The firm has grown swiftly in terms of head count and client base in the past four years and is keen to aid the startup community in regards with finance. The firm aims to be cost effective and is clear about its expansion plans without affecting the quality delivered adversely and is at the threshold of transitioning to web based automated reporting solutions as an add on solution to SMB. “We are very careful about our expansion strategy. In technical terms we are a bootstrapped company as there is no external funding. So with regards to this, expansion cannot be very aggressive like other companies that have external funding,” concludes Jayaram. With a strong core team at the helm of the company and the deep industry understanding, SansPareil is helping SMEs in ways more than one.