Accounting, Compliance & Reporting (ACR)
Get it right and be right
Finance transformation on a global scale can pose new challenges and risks. Efficient cash-flow management, methodical accounting, and compliance with industry regulations are central to the financial well-being of any enterprise. Organizations must strike a balance by achieving the right control through risk mitigation, visibility and consistent quality, and the right efficiency across processes and systems, while creating the right value for the business at lower cost. Companies that get it right and be right are positioned to see their investments in global finance become truly transformational.
XCLNC’s comprehensive suite of ACR services augments your enterprise Finance and Accounting capabilities in areas such as procurement and supply chain (the Procure-to-Pay and Order-to-Cash process), Collections and Receivables, General Accounting, Record-to-Report and Financial Planning & Analysis
XCLNC’s comprehensive end-to-end F&A services
Managed Centrally, our services link our competencies in finance and tax to support full spectrum of compliance needs which encompass the entire F&A value chain. We provide customized services that specifically target your needs. Our suite of services includes:
Management Reporting and MIS
Preparation of customer friendly financial and analytical reports compiled by appropriate accounting software and tailor the created reports to client’s specific needs. We also assist clients in preparing their annual budgets, tracking performance against their budgets, perform and design variance analysis reports, analyze cash positions, prepare rolling forward cash flows etc.
Budgeting and Forecasting
Assisting clients in preparing their annual budgets, tracking performance against their budgets including variance analysis reports design, analyzing cash positions and Cash flow forecasts.
Maintaining payroll happens to be one of the most time consuming and costly activity of any business. Outsourcing payroll services will enable you to minimize your routine tasks at an affordable cost.
Statutory reporting services
(delivering statutory financial statements)
A range of accounting support to assist the internal finance functions, including:
o Group-to-local GAAP conversion
o Address Regulatory Compliance issues and constraints
o Post-general ledger "record" accounting, such as assistance with period close, trial balance compilation, reconciliations, and data gathering and analysis
Leveraging our services improves your financial agility through better cash flow management, enhanced collections, reduced reconciliations efforts, improved receivables, accurate reporting, accelerated revenue cycles, among others; this ultimately positively impacts revenue growth.