Record to Report
The Next-gen Performance Leap through Transformation Record-to-Report (R2R) is a crucial end-to-end finance process that must move beyond cost reduction and increased efficiencies. Organizations now expect insight-driven R2R outcomes, including strategic financial planning and analysis, and regulatory reporting and compliance, to achieve impactful performance and minimize risks.
The Next-gen Performance Leap through Transformation Record-to-Report (R2R) is a crucial end-to-end finance process that must move beyond cost reduction and increased efficiencies. Organizations now expect insight-driven R2R outcomes, including strategic financial planning and analysis, and regulatory reporting and compliance, to achieve impactful performance and minimize risks.
General Ledger Accounting: This service helps businesses to generate accurate financial statements with efficiency and speed, from daily accounting transactions to period-end General Ledger closing. The service minimizes manual journal entries, reduces close cycle time, and improves the integrity of financial records.
Financial and Compliance Reporting: The company's process design experts use deep domain insights to help organizations keep up with ever-changing statutory reporting requirements across multiple geographies. This service ensures that businesses remain compliant with these regulations and are prepared for any reporting requirements.
Enterprise Performance Management: This service uses the company's consolidation, standardization, and automation toolkit to transform Financial Planning and Analysis (FPA) teams from efficient back-office functions to revenue-generating units. The teams can collate and analyze data, forecast outcomes, and drive informed decisions, all of which contribute to the growth of the business.
Treasury Management: The company's treasury management solutions provide support to businesses in areas such as cash forecasting, working capital management, and in-house banking and cash pool management. The service performs strategic and sensitive analysis of credit, liquidity, and market risks, and focuses on integrated data, systematic controls, and automated processing.
Tax Operations: The company's services cover areas such as tax accounting, payments processing, return filing support, and local compliance and reporting requirements. By improving the efficiency and accuracy of tax operations, businesses can enhance their credibility in the eyes of regulatory authorities.
Audit and Compliance: The services include audit planning, data gathering, risk identification, and query resolution. By providing these services, the company helps businesses to minimize risks and maintain compliance with regulations.