Finance and Accounting Services: Executive Overview
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- Executive Overview
- Business Case
- Technical Summary
Uncompetitive transaction and operational costs. Lack of operational visibility. Pressure to be more productive and increase performance. Poor connectivity. Compliance issues.
Your disparate systems are hindering the flow of information enterprisewide. That’s one of the main reasons why your finance and accounting business processes have become inefficient, time-consuming and full of errors. This results in situations that are detrimental to your business, high operational costs, inconsistent information for decision support, lengthy period closings and added business risks.
Outsourcing your finance and accounting business processes can help you better deal with these challenges and gain the ability to devote your management time and resources to your core competencies and strategies that lead to growth.
EDS Finance & Accounting Services provide a wide array of services, including end-to-end processes for the following:
Beyond Labor Arbitrage
This paper examines the opportunities for leveraging a BPO partner's operational excellence for improving business outcomes. It examines the potential impact of the BPO provider’s operational practices on delivery, cost, quality, risk, compliance, agility and ongoing optimization. Finally, it describes the need for an integrated, end-to-end, multidisciplinary and life cycle approach to operational excellence – as well as the importance of both innovative and industry-standard methodologies, documentation, tools and infrastructure when selecting a strategic partner.
- Source-to-Settle
- Order-to-Cash
- Record-to-Report
- Decision Support & Analytics
- Payroll (delivered through Excellerate HRO)
EDS can help you with multiple finance functions and systems or just a single process. You retain control over your finance organization and we become an extension of your group. Our service allows us to seamlessly deliver global solutions to your company anywhere in the world. Taking advantage of EDS’ processes and economies of scale can save you from 30 percent to 40 percent on your finance and accounting costs. It also reduces opportunities for errors, increases operational visibility and provides the scalability needed for business growth. By outsourcing your finance functions to EDS, you’ll have more time to spend on strategic decision making and planning.
EDS has more than 30 years of experience in providing administrative and financial processing. As a global provider with market leading delivery capabilities through our Best-Shore® centers, we can provide flexible, scalable solutions to address your specific needs anywhere in the world.
For more information about what EDS can do for you, submit a business inquiry.