Finance and Accounting Outsourcing

Our finance and accounting services comprehensively cover Procure to Pay, Order to Cash, and Record to Report tasks.

Procure to Pay Services

Sourcing

• Vendor Management

• Negotiations & Contracting

• Day-to-day Purchasing

• Catalog Management

• Requisition Management

• PO Processing & Helpdesk

• P Card Administration

• Master Data Management including Vendor, Item, and Material Master Maintenance

Invoice Processing & Helpdesk

• Scanning, Indexing, and Coding

• E-invoicing

• Invoice Posting

• Refund Claims

• Employee Claims (expense reimbursements)

• Vendor Helpdesk

• Payment Run

• Disbursements

• Discounting

• Month-end Accruals and Taxation

• Withholding Taxes

Reporting

• Cost Savings Tracking

• Contract and Regulatory Compliance

• Month-end Accruals and Reporting

• Spend Analytics

Order to Cash

Contract & Order Management and Customer Mastery

• Contract Preparation & Compliance

• Catalog Management

• Order Entry, Review, and Release

• Order Tracking & Validation

• Distribution Coordination

• Inventory Management

• Customer Database Management

Credit Control and Invoicing

• Credit Analysis and Review

• Credit Appraisal and Credit Limit Management

• Billing & Invoice Adjustments

• Discounts & Allowances

• Tax Accounting

Accounts Receivable and Collections

• Collection Processing

• Collection Applications

• Unallocated Payments and Exceptions Handling

• Collection Reconciliation

• Bank Liaison

• Discounts

• Loyalty Program Management

• Dunning Letters & Payment Follow-up

• DSO Management

• Bad Debts Provisioning

• Legal Coordination for Recovery Proceedings

• Collection Reporting & Analysis

Reporting/Analysis

• Sales Trend Analysis

• Revenue Forecasts

• Cash Management

• Budgeting and Planning

• Month-end Reporting

Record to Report

General Ledger Accounting

• Journal Entries

• Reclassifications

• Pre-payment and Adjustments Entries

• Period End Accrual Entries

• Inter-company Transactions Accounting

• Reconciliations

Fixed Assets

• Recording of Additions, Disposals, Sale, and Transfers

• Review & Capitalize Work-in-progress

• Depreciation Run and Posting

Period Closing & Reporting

• Reconcile and Close Sub-ledgers

• Review Accruals

• Foreign Exchange Revaluation Run

• Tally Inter-company

• Post Final Adjustment Journal Entries

• Trial Balance Generation

• Release Periodic Income Statements and Balance Sheet

• Statutory Reporting

• On-demand / One-off Reports

• Income Tax Filings, Handling Compliances, and Accounting

Treasury

• Cash Management & Forecasting

• Bank Reconciliations

• Analysis and Reporting for Hedging

• Debt Management and Reporting

Other Services

• Financial Planning and Analysis

• Management Reporting

• Budgeting and Analysis

• XBRL Tagging & Filing