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A Playbook for Managing at the Crossroads

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Innovation Beyond The Four Walls

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FEATURED NEWS

July, 24, 2014

TransCelerate Selects Cognizant to Develop a Clinical Trials Collaboration Platform

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The Cognizant Difference

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OFFERINGS

    Cognizant's F&A offering leverages industry know-how and proven best practices. Our breadth of global engagements, with experiences across multiple industries, enables us to deliver quality business outcomes and operational efficiencies that accelerate your F&A transformation. You'll increase payment accuracy, accelerate revenue cycles and gain faster access to information. We provide services across the entire F&A value chain.

    Customized Services

    We develop customized services, as needed, to help you reduce operating costs, including:

Procure To Pay

  • Invoice scanning and document management
  • Invoice matching, coding and approval
  • Payment processing
  • Duplicate payment audit
  • Expense claim processing and payment
  • Period end processing
  • Query resolution
  • Vendor master maintenance
  • Duplicate payments audit Procurement services
  • Industry specific P2P expertise coupled with Lean and Six Sigma.

Platforms and Point Solutions

  • BPaaS P2P platform (end to end)
  • Scanning solutions
  • OCR/ICR solutions
  • EDI solutions
  • Supplier self-service portal
  • e-Invoicing solution
  • Evaluated receipt settlement
  • Spend management data cubes

Order to Cash

  • Customer master data maintenance
  • Credit management
  • Order management
  • Billing
  • Cash application
  • Collections
  • Deductions and dispute management
  • Period end processing
  • Query resolution
  • Industry specific O2C expertise coupled with Lean and Six Sigma.

Platforms & Point Solutions

  • OTC BPaaS platform (end to end)
  • Scanning ICR
  • OCR solution
  • Auto cash application tool
  • Optimus financial consolidation and reporting solution AP-CUT (period close solution accelerator).
  • QuickClose period end control and compliance
  • Account reconciliation tool

Record to Report

  • Master data maintenance
  • General accounting
  • Inter- company accounting
  • Treasury accounting
  • Fixed Assets
  • Inventory accounting
  • Period end closing
  • Financial reporting
  • Tax accounting and reporting
  • Statutory, regulatory and management reporting
  • Complex industry-specific R2R expertise ( retail, banking, insurance, life sciences, manufacturing & logistics).

Resources

How High Technology Companies Will Benefit from Finance & Accounting Business Process Outsourcing Services
Engaging BPS services for F&A can help achieve a better balance between costs, innovation and optimizing the supply chain.
Numbers That Make Sense: Virtualizing Finance and Accounting in Life Sciences
Learn how life sciences companies are reducing costs by outsourcing finance and accounting processes.

CONTACT US Contact Cognizant

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    If you are interested in an opportunity with Cognizant, please visit our Careers page or visit the Cognizant Careers FAQs.