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Finance & Accounting

The Finance and Accounting vertical comprises of industry practitioners with hands-on experience in various aspects of Finance and Accounting. We act as an extended arm of our clients' finance departments, to deliver immediate, measurable and lasting cost and business efficiencies. Thereby we empower them with the right tools to enhance growth and create a competitive advantage. Allowing to them focus on meeting highest standards of corporate governance, regulatory challenges and customer expectations. Our finance experts provide our clients with timely and accurate financial information and analysis critical to strategic decision-making.

Our offerings in finance and accounting outsourcing include the following services:

 
White Papers & Technology Articles   Procure to Pay Enterprise Application Development Services   Order to Cash
  • Purchase Accounting
  • Travel and Expense Management
  • Fixed Assets
  • Accounts Payable
  • Vendor Management
  • Order Management
  • Billing/Sales Accounting
  • Accounts Receivable
  • Credit and Collections
White Papers & Technology Articles   Record to Report Enterprise Application Development Services   Financial Analysis and Reporting
  • General Accounting and Monthly Closing
  • Project Accounting
  • Inter Company Accounting
  • Financial Statement Preparation
  • Financial Statement Analysis
  • Financial Ratio Analysis
  • Ageing Analysis
  • Financial and Operational Reporting
  • Periodic Management Information
Enterprise Application Development Services   Account Reconciliations
  • Bank Reconciliation
  • Sub-ledger Reconciliations
 

Over the years, we have helped our clients achieve process efficiencies in their finance back office, leading not only to cost reduction but also process standardization, improvements in productivity and better compliance. Quatrro's team of certified accountants and finance experts has extensive experience in delivering best-in-class finance and accounting services for several industries. A critical component of our business approach is the utilization of Lean and Six Sigma in our Finance back office processes to remove non-value added activities and automate manual components of the processes.

Our consulting service includes the development of recommendations for identifying and prioritizing processes for outsourcing, comprehensive process mapping and documentation, recommendations for process improvement and reengineering, redesign and process benchmarking, consolidation, and process transition planning.

Quatrro has developed best practices for each of its key finance service offerings. At the beginning of each client engagement, Quatrro studies its client's existing processes, and maps them against the best practices and industry benchmarks. The result provides the roadmap for process improvement and design. Some tangible and measurable results that our clients have achieved include:–

  • Increase in productivity by 40%
  • Cost reduction and savings upward of 60%
  • Faster month end closure
  • Reduction in Days Sales Outstanding (DSO)
  • Improved cash flow and cash management
  • Management Information for informed decision making
  • Improved service quality (accuracy and timeliness)
  • Enhanced customer and vendor resolution
  • Decrease in exception processing

Quatrro BPO Solutions has acquired Chicago-based RSM McGladrey Financial Process Outsourcing (FPO), one of the global leaders in accounting service solutions for small and medium enterprises (SME), with financial participation from Sri Lanka’s John Keells Holdings. With this acquisition, Quatrro will add two new U.S. fulfillment locations in Madison, Wisc. and Pleasant Prairie, Wisc. and one location in Mumbai to its existing centres in India, China, North America and Sri Lanka.

For more details visit http://www.rsmfpo.com

 
     
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