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Innovation Beyond The Four Walls



February, 08, 2016

Cognizant Reports Fourth Quarter And Full Year 2015 Results


The Cognizant Difference

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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).


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