Services

Finance & Accounting Outsourcing

A Strategic Paradigm for CFOs: Align Finance and Accounting with Business!

Increased regulatory and compliance pressures. Operations that demand your finance and accounting (F&A) function to be in close sync with frequently changing business realities. The constant vigil by executives to crunch expenditure! Do you find your back to the wall at times?

Aditya Birla Minacs helps Chief Financial Officers (CFOs) to leverage business process outsourcing as a game-changing strategy. Coupled with our industry-specific domain expertise and by customizing every engagement for each client, Minacs Finance and Accounting Services lets you align better with your business, and make smarter decisions to improve business performance. All the while, you maintain the tempo in back office operations to keep up and, indeed, accelerate in today's quickly changing times.

Minacs Finance and Accounting Services

Minacs' finance and accounting outsourcing (FAO) services support end-to-end financial processes:

  • Purchase and Accounts Payable (AP): including Purchase Order processing, Vendor bill and employee claim booking, Payment processing, Reconciliation
  • Billing and Accounts Receivable (AR): including Sales Order processing, Invoice processing, Remittance posting, Debit/Credit note processing and Reconciliation
  • General Ledger (GL) Accounting: including Ledger scrutiny, Accrual entries, Schedule preparation, Book closure and audit coordination, Reconciliation
  • Fixed Asset Accounting: including Capitalization, Depreciation runs, Fixed Assets register maintenance
  • Taxation compliance
  • Statutory, Internal MIS and Audit.

Click here to know more about our F&A services.
(Please note you will be redirected to our F&A website www.compass-bpo.com)

Why Minacs

Partnering with a capable and experienced FAO provider like Minacs ensures you spend quality time driving strategy to go one up against competition. Here's how:

  • Minacs' FAO solutions are best-in-class and technology-enabled. We are service level agreement (SLA) driven, ensuring that you outsource not only with assurance of present performance, but can also work with a partner who commits to delivering enhanced value set to your longer-term strategy.
  • Minacs brings you customizable and yet scalable global delivery models (with onshore, nearshore and offshore delivery/ sourcing options) for not only cost optimization, but also to ensure your quality standards and process control requirements. Minacs delivers world-class services from our ISO 9001-certified (for quality, accuracy) and ISO 27001-compliant (for information security management) centers.
  • Our proven proprietary workflow solution serves clients across manufacturing and services industries, and can interface with your Oracle, SAP and other ERP platforms, or best-of-breed F&A systems.
  • Our seasoned F&A veterans carry formidable industry-focused insight, yet we don't cut corners for scalability, by investing continually in technology and capacity. We are ready when you are!
  • Minacs' strength is in our partnering approach. We work with you to customize and identify a clear roadmap towards outsourcing your processes. This works as a charter for execution. Our tested engagement methodologies, whether deployed for F&A process transitions, or for process re-engineering, or for ongoing continuous improvement, ensure we assume full responsibility, contain risk and deliver targeted business impact.

Click here to read Minacs' views on how Finance Deparments can manage change and retain good people.

Click here to download our thought leadership white paper on F&A outsourcing.

F&A outsourcing is not just for the big guys! Read our white paper on sucessful outsourcing for mid-market organizations.