Finance & Accounting

Transformational finance & accounting solutions are the order of the day. With our F&A solutions, you can reduce overall cost, optimize the use of resources and technology for your benefit, manage & monitor cash inflow and outflow in the best manner possible and also adhere to the necessary compliance while you do this.

Our Finance & Accounting solutions covers the complete Procure to Pay (P2P), Quote to Order, Order to Cash (Q2C) and Record to Report (R2R) processes including solutions for accounts payable, accounts receivables and general ledger accounting. Each finance & accounting process has been fine tuned to perfection by our team of experts to blend with individual industry requirements.

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WHY HEXAWARE

Below are some of the major considerations why companies are attracted to outsource their finance and accounting functions:

  • Significant reduction in administrative costs while having access to qualified and experienced resources at lower costs
  • Drive efficiency by simplifying and standardizing processes through automation
  • Focus on core business and strategic initiatives
  • Allow for company growth without the requirement for additional staff
  • Make better business decisions by having more comprehensive and actionable management Information
  • Improve compliance adherence along with customer and vendor relations
  • Improve cash flow and reduction in spending for compliance related activities

OVERVIEW

Procure to Pay Quote to Order Order to Cash Record to Report FP&A Analytics Transformation Enabling Technologies
  • Tactical procurement
  • PO processing
  • Accounts payable
  • Invoice processing
  • Vendor payments
  • Queries and dispute resolution
  • Employee expenses
  • Vendor data management
  • Pricing and quotations
  • Contract management
  • Sales order processing
  • Order tracking
  • Service entitlement management
  • Invoicing
  • Accounts receivable management
  • Cash application
  • Credit control and collections
  • Queries and dispute resolution
  • Refunds and settlements
  • Customer data management
  • General accounting
  • Project accounting
  • Fixed asset accounting
  • Intercompany accounting
  • Period end closing
  • Financial reconciliation
  • Consolidation
  • Management & regulatory reporting
  • Budgeting
  • Forecasting
  • MIS
  • Analysis
  • Spend analysis
  • Revenue Analysis
  • GL analytics
  • Custom analytics
  • Diagnostics
  • Benchmarking
  • Process improvements
  • Automation
  • Document imaging
  • Web based workflow
  • Online P2P suite
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