Hexaware helps you streamline operations, reduce costs, and drive digital transformation in the finance and accounting (F&A) domain, which is at the heart of every business.

Turn to Our Digital F&A Solutions to:

Hexaware’s holistic approach employs a comprehensive, bottom-up evaluation methodology to transition finance shared service centers to the global business services (GBS) 2.0 model. This approach leverages the economics of scale and scope, enabling your finance function to handle advanced tasks like financial planning and analysis (FP&A) and treasury. The outcome is a robust roadmap for managing advanced functions by integrating controls, prioritizing process enhancements, and implementing next-generation digital solutions. This holistic transformation journey extends far beyond mere automation, focusing on elevating controls and significantly enhancing key processes and business metrics.

CFOs, finance GBS leaders, and CTOs often face the challenge of seamlessly integrating technology and domain expertise for authentic finance transformation. Hexaware’s solution offers the perfect fusion of domain and tech talent, cross-trained to understand each other’s skills. This collaborative approach enables a seamless transformation process that bridges the gap between technology infusion and the core principles of finance. Whether it involves data management, digital solutions like artificial intelligence (AI), blockchain, or analytics, Hexaware ensures that domain and tech expertise work hand in hand to eliminate the challenge of disjointed transformations.

A recurring challenge is the limited capacity of specialized financial solutions to deliver truly impactful insights for shaping business outcomes. Hexaware, with its profound domain expertise, extensive history in data and analytics, and comprehensive understanding of finance and business, excels in providing insights that dig deep into intricate finance-related issues. This encompasses scrutinizing contract terms and discounts, as well as addressing revenue discrepancies, duplications, and potential fraud. Our capabilities extend to tackling broader business challenges, including liquidity, profitability, efficiency, and valuations. Through our tailored solutions, we empower clients to make well-informed choices that significantly influence their business results. 

Turn to Our Digital F&A Solutions to:

Our Finance and Accounting Outsourcing Capabilities

Hexaware offers expert guidance for finance global business services (GBS) consulting. Whether you’re setting up a GBS or looking to expand and transform an existing one, our extensive experience in establishing GBS for Fortune 500 organizations, covering procure-to-pay (P2P), order-to-cash (O2C), record-to-report (RTR), and financial planning and analysis (FP&A) functions, is at your service. We assist in defining the GBS scope, service placement, developing a target operating model, creating transformation roadmaps, and designing the end state, all tailored to achieve your intended outcomes. 

With a wealth of experience in finance GBS setup and transformation, Hexaware provides the expertise needed for a seamless migration to a centralized GBS, converging operations from various global locations. We align this migration with a GBS 2.0 vision, offering options for either complete outsourcing or transitioning through a buildoperatetransfer (BOT) model. 

Leveraging our extensive experience in data and analytics services for large enterprises, Hexaware can help design and execute a comprehensive analytics program for finance and business. Our approach begins by fixing data gaps and establishing robust data transformation and governance protocols. Our analytics solution complements your existing programs, delving into areas not covered by off-the-shelf solutions and addressing your unique analytics requirements. 

Tools, Accelerators, and Operational Strategies

Source-to-Pay Solutions

Hexaware’s suite of source-to-pay solutions optimizes procurement processes, enforces policies, and strengthens supplier relationships. We streamline the entire source-to-pay process, encompassing sourcing, supplier management, contract management, procurement, accounts payable, expenses, and dynamic discounting.

Modules for Accounts Payable Control

Hexaware’s accounts payable control solution strengthens audit and control processes in the accounts payable domain. With modules for payables risk analysis, vendor reconciliation automation, and vendor master data management, it ensures tighter controls, cost savings, fraud prevention, and team optimization.

Spend Analytics

Hexaware’s spend analytics provides complete spend visibility, resulting in increased cost savings and compliance. It empowers organizations to take action on ESG (environmental, social, and governance) spend and refine their procurement strategy.

Order-to-Cash Solutions

With modules for order management, e-invoicing, credit analysis, cash application, collections, and deductions, Hexaware’s solutions help achieve order-to-cash goals by automating and unifying processes. These solutions, facilitated by cutting-edge AI technology, ensure speed, cohesion, and complete visibility across the cycle.

Finance and Accounting Operations Team Leaders

Vishal Sinha

Vishal Sinha

F&A Transformation Leader

Shyam Sunder

Shyam Sunder

F&A Transformation Leader

Ramya Kanan

Ramya Kanan

F&A Transformation Expert

Finance and accounting BPO services to optimize your business processes.

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Finance and accounting BPO services to optimize your business processes.
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