Digital Finance and Accounting

Accelerate AI-driven finance and accounting

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AI-driven transformation, agility and value generation

Cognizant's digital finance and accounting (F&A) services help organizations boost business performance with adaptive solutions tailored to their needs. By combining intelligent decision-making, business process automation and highly experienced global talent, we help deliver the agility, scalability and resiliency modern F&A teams need, while enabling rapid technology and process integration. From streamlining workflows to making financial intelligence available on demand, we digitally transform finance and accounting into a value generator for the organization.

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Overview

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What you could achieve

60%

Improvement in productivity

85%

Improvement in invoicing timeline

90%

Reduction in intercompany balances

20%+

DSO improvement and 55% dispute reduction in QTC

50%

Faster month-end close in R2R

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Outcomes

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Our offerings

Source to Pay (STP)

Optimize spend with touchless processing and risk-controlled operations.

Quote to Cash (QTC)

Maximize cash flow and customer experience.

Record to Report (RTR)

Strengthen processing accuracy and controls for faster month-end close.

Financial Planning and Analysis (FP&A)

Better insights to drive better and accurate planning.

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Offerings

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What we deliver

Insight-driven operational excellence

Modern operations with flexible operating models and innovative technology platforms help F&A organizations create new value in today’s changing business environment.

Accelerated return on investment

Realize the full potential of investments in digital technologies and automation at scale.

Empowered employees

Analytics and intelligence-enabled decision-making provide employees with the time and insights needed for better stakeholder experiences and innovation.

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How we’re applying AI today

We partner with leading organizations to accelerate their operations through AI-driven execution, human-in-the-loop governance, and scalable intelligent workflows.

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FINANCE OPERATIONS

Enabling touchless, intelligent finance at scale

FINANCE OPERATIONS

Enabling touchless, intelligent finance at scale

Powering global, touchless finance operations for a premium automobile manufacturer by automating invoice validation, billing and compliance through intelligent workflows and AI-driven audit. Standardized processing reduces manual effort, improves control and achieves over 90% touchless processing.

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AI in practice

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