Finance & Accounting
Off shoring of Finance & Accounting processes has been a very well documented example of successful process outsourcing. Many corporations irrespective of their sizes have adopted this route to bring in efficiency into their F&A processes. More importantly, off shoring F&A has freed the bandwidth of the finance & accounts team to analyze their financial numbers more patiently and derive business decisions from it.
Earlier most of the time was used up in maintaining books, reporting and managing current assets & liabilities, leaving very little or no time to look at the financial data & arrive at judicious managerial decisions. Adding head count to support functions including finance is always a difficult task irrespective of the size of the organization. As a result, the “urgent” pushed the “important” on the back burner, and “important” task of analysis never got the due attention.
Our team of experienced professional accountants can help organizations free up their time by taking complete ownership of routine accounting processes like
• Manage Accounts Payables – Procure to Pay
• Manage Accounts Receivables – Order to Cash
• Maintain Books and Reporting – Record to Report
• Management Reporting & Analysis
To such routine processes, we apply process optimization techniques based on Lean principles like ‘Value Stream Mapping’ and others based on Six Sigma & Kaizen. This helps our clients extract more productivity at a much lower cost.
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