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Fianance & Accounting Services

customer lifecycle management

Finance & Accounting Industry has been invaded by the Digital and agility is trumping ability. 76% of the most prepared firms in the financial landscape believe that technology impacts the ability of corporate enterprises to provide support, service and added value while focusing on customer retention.

It has been interesting to witness a shift in how service providers today have gone on to do exactly what customers want, instead of being just order takers! Transformative insights along with rapid automation has helped in providing better service levels, business agility and a largely positive impact on business metrics.

There is an urgent need for a new finance and accounting operating model, to help corporate firms adapt to all these changes.

Challenges Faced in Finance & Accounting Industry

  • Cost reduction pressures
  • Increasing regulatory compliance and demands
  • Closer alignment to the business
  • Attracting and developing new business

Our Eclectic Palate of Offerings

At Tata BSS, we offer comprehensive service offerings that support end-to-end functions in a CFO’s office.
Within the umbrella of outsourcing, we offer transactional processes like Procure-to- Pay and Order-to-Cash along with Partial decision-making processes like Tax Accounting and entity management. We even work towards Business Planning and consolidation.
As a requirement from one of our major international clients in the manufacturing sector, we run SoX-compliant processes and all our finance and accounting operations meet statutory, regulatory and operational compliances defined by our clients.
Our Finance & Accounting service offerings cover:
Procure-to-Pay

Accounts Payable
Expense Reporting
Payment Processing
Vendor Management

Record to Report
General Accounting
Fixed Assets
Tax Filing and Reporting
Inter- company Accounting
Statutory Accounting Month
end reporting and Consolidations

Order-to-Cash
Accounts Receivable
Billing and Cash
Application
Order Management
Credit Control

Corporate Functions
Treasury Reporting
Cash Management
Investment Management

Business Planning and MIS
Business Planning
MIS
Forecasting
Budgeting
Performance Analysis

Industry Specific Accounting
Loan Account Management
Claims Management
Warranty Accounting and Claim Management
Purchase and Supply Chain Accounting

We strive to take process efficiency to the next level altogether, through our innovative team that has always aspired to:

Grow revenues by reducing cost reduction pressures and improving accuracy
Enhance experience of customers by providing bespoke industry-specific solutions about the best-in-class processes
Enable efficiency by fine-tuning existing processes, and consolidating businesses by proper planning!

“Handling 1.2+ Million transactions per day”