Infosys BPO End-to-End Finance and Accounting (F&A) Services
Transforming processes and delivering business value across the F&A value chain
Whether it's transactional processes or higher-end services you're looking for, we are geared to deliver. Today, we handle complex requirements in Sarbanes-Oxley compliance, internal controls, VAT, and GAAP-IFRS convergence support. Our clients trust us in their outsourcing journey and choose to build long-term relationships with us. Some of the key differentiators of our practice are:
Finance Centers of Excellence (FCoE) : This team ensures you get talent with deep-rooted domain competence through talent development programs, ranging from accounting fundamentals to IFRS and SOX training. Our FCoE drives best-practice sharing and has benchmarked F&A processes with industry standards.
Technology as a value multiplier: Our point solutions, bolt-on tools, and cloud-based services help you crunch process timelines, simplify process, accelerate process output, increase accuracy, and maximize value from your existing ERP investments.
'Independent' risk management, compliance and quality assurance: This team ensures we build water-tight operations with 'independent' risk management, compliance and quality assurance for your operations.
Business Value Realization (BVR) model: Our BVR model directly impacts multiple dimensions of your overall finance functional maturity, helping you get the maximum mileage from your outsourcing initiative. In FY'11, we provided value over US$ 65 million to our clients, including:
- Reduced the cost of the finance function by ~ 50%
- Reduced the cost of control by 33% through 'Efficient Compliance' and 'embedded controls
- Implemented 'world-class' processes incorporating 'best-in-class' practices such as reduction in period-end-close timelines by 25%
The Infosys advantage
We offer end-to-end services from the pure-play transactional processes to higher-end services such as support for Sarbanes–Oxley (SOX) compliance, internal controls, tax, VAT, and GAAP-IFRS convergence. We also provide niche services such as revenue assurance, credit referral, roaming settlement for telecom industry, rent disbursement for retail industry, yellow and blue book accounting for insurance. Our comprehensive range of services includes: