Due to the diverse portfolio of customers, companies find financial accounting processes complex. Customers expect an increased level of customization throughout the process. On the other hand, globalization and consolidation of businesses have led to an increased requirement for standardization and automation of processes across the value chain.
SourceIN understands the complexities and dynamics of accounting processes and offers end-to-end services making the processes smarter, faster, and cost effective.
Our trained professionals are supporting companies identify revenue leaks, improve order fulfilment, and optimize working capital, to positively impact profitability, while adhering to norms and standards.
Managing vendors and their accounts receivable issues including invoice receipts, payments, tax deductions, managing statutory compliances can be quite a hassle. In addition to ensuring transparency for the vendors, our matured payable processing methodology saves our clients' time and effort.
The entire accounts payable process can be made more efficient without adding additional staff. This leads to increased vendor satisfaction with accurate and timely payments.
An efficient Record to Report function is critical for ensuring that organizations meet their compliance and reporting mandates. Recent times have seen organisations shift to using it as a decision support tool that delivers real-time updates to prepare for new business challenges.
Our R2R practice helps realize this core finance function objective by equipping teams with industry leading best practices, robust proprietary tools, technology enablers and strategic alliances.