Transformation Services
PURCHASE TO PAY
WORKFLOW BASED INVOICE PROCESSING - We provide image based invoice processing services powered by workflow solutions. While we have our own workflow solution, we are not averse to working on the client’s workflow as well
PAYMENT PROCESSING - Payment processing in multiple ERPs based on payment terms with agreed turnaround time.
TRAVEL EXPENSE PROCESSING – Travel expenses processing is low value high volume activity with emphasis on timely processing and top up of expense claims, to enable the field personnel to concentrate on the field activity. We provide customized solution including web based workflow as well as service in the area of processing of field force expenses.
ACCRUALS – As part of the accounting cycle, we provide services in the areas of accruals, through generation of timely and accurate provisions for the various expenses that flow through our processing cycle. The accruals are managed in a systematic manner based on agreed rules to eliminate errors and incorrect bookings.
CONCURRENT AUDIT / CONTINUOUS TRANSACTION MONITORING (CTM) – We have been providing concurrent audit services to many large clients on the data that flows through the AP process cycle. This helps prevent and eliminate possible wrong payments and/or duplicate payments. This is an automated process using state of the art tools with a dedicated and trained team of professionals experienced in providing this service to many FMCG customers.
STATEMENT AND REMINDER PROCESSING – As part of our efforts to provide end-to end service in the P2P process; we undertake the activity of sending out customer confirmation statements reminders and the related follow-up activities.
ORDER TO CASH
ORDER PROCESSING – This process involves receipt, allocation and processing of customer orders for timely and accurate delivery, ensuring adherence to line fill and case fill norms, based on agreed rules.
INVOICING CONTROLS - We ensure control checks on prices and discounts by ensuring that the updated price and discount masters have been applied on the invoices.
CASH APPLICATION - This is the most critical part of the AR process. Matching of receipts against the invoices is performed using automated tools. Exception reports are generated for analysis, review and follow up of outstanding amounts.
CREDIT MANAGEMENT- Keep a check on all changes to credit terms and provide actionable MIS on time for review and renegotiation of credit terms
RECEIVABLE MANAGEMENT - Providing MIS on a real time basis through dashboards and portals to enable action against defaulters, ensure hygiene in the collection process and adequacy of cash flow to fund operations.
RECORD TO ANALYSE
JOURNAL ENTRY & ACCRUALS - We offer computation and entry of journal entries including accruals which are generated based on agreed rules with standard templates.
PERIOD END CLOSING - We undertake the period close activities based on client specific rule sets through our dedicated team of accounting professionals well versed in the process of month end activities.
TAX ACCOUNTING - We have a specialized team to undertake activities relating to the Indian tax laws, namely, Excise, VAT, Service tax and Income tax.
FIXED ASSETS ACCOUNTING - We offer comprehensive solutions relating to fixed assets commencing from Physical verification, tagging. reconciliation, accounting, reconciliation and maintenance of the Fixed Assets Register