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Digital Finance and Accounting Solutions
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Given the demands of the current economic environment, it’s crucial for CFOs to digitally transform finance into a strategic business partner that drives growth.
Cognizant can help you achieve this goal. We enable your organization to supply the insights and the business demands, and to make your processes consistent, agile and efficient. The underlying systems work as a well-oiled machine, and the processes deliver value across procure to pay, order to cash, record to report and financial planning and analysis as we leverage our technology, automation, industry and domain expertise. Our Digital Finance & Accounting suite provides you with next-generation capabilities and a digital playbook for future integrations while it optimizes your existing investments and integrates key processes, expertise, systems and analytics. From streamlining your transactional workflows to making financial intelligence available on demand, we digitally transform finance and accounting into a value generator for your organization.

With Cognizant Digital Finance & Accounting you can:

  • Achieve superior financial and business outcomes at world-class cost economics
  • Attain speed and agility in integration of business operations
  • Provide harmonized, enriched and contextual data, along with analytical capability to drive business decisions
  • Deliver enhanced customer and user experiences
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Cognizant Digital Finance & Accounting
Optimize finance spend
Optimize finance spend

Free working capital to do more with less and to evolve from a transaction processing role into a source of valuable business insights.

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Transform operations
Transform operations

Digitally transform finance operations into a strategic business function, with Cognizant’s deep industry knowledge guiding the way.

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Make data-driven decisions
Make data-driven decisions

Close gaps and bring together multiple sources into a single data set. Shift data interpretation from a rear-view perspective to forecasting and predictive decision-making.

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Connect multiple ERP solutions
Connect multiple ERP solutions

integrate existing ERP and legacy systems, and apply consistent, efficient processes that deliver speed and agility to your business.

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See the big picture
See the big picture

Make better decisions with our easy-to-use analytics layer—and visualize what’s going on with dashboards and drill-down tools.

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Put robots to work
Put robots to work

Deliver robotic process automation as a service through HPA, a Cognizant company. Our bots deliver consistent results with 99.97% first-pass accuracy.

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$25 million

savings in business outcomes for a global water technology company

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Our perspectives

PERSPECTIVES

Achieving real-time intelligence in finance operations

Timely and accurate financial information drives critical decision-making that keeps organizations competitive.

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PERSPECTIVES

AI delivers the cash: Injecting machine learning into the order-to-cash function

Often overlooked, the O2C cycle is an opportunity to reduce costs and working capital requirements. We explain how AI is making it happen across industries.

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PERSPECTIVES

How touchless processes change the cost equation for accounts payable

Reengineered processes combined with AI and intelligent automation enable accounts payable to minimize costs, create efficiencies and improve compliance.

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PERSPECTIVES

Weathering COVID-19: The near-and mid-term imperatives for finance

The coronavirus is pushing finance departments to address unprecedented levels of operational chaos and cash-flow uncertainty with new ways of working that promise a brighter tomorrow. Here’s how to get started.

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Featured work

TRANSPORTATION & LOGISTICS

Automation streamlines finance functions at PostNord
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TECHNOLOGY

Process redesign channels $200M revenue
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TRANSPORTATION & LOGISTICS

Digitization saves rental company $75M
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AUTOMOTIVE

Automaker digitizes accounting processes to drive visibility
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MANUFACTURING

Materials conglomerate digitally retools accounting workflows
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Cognizant deemed a Star Performer on Everest Group’s Finance and Accounting Outsourcing (FAO) Services PEAK Matrix, 2022

Achieving double-digit year-over-year revenue growth, enhancing our onshore/nearshore presence globally and maintaining a stellar reputation for client satisfaction helped propel Cognizant into the Star Performer category for 2022.

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Leadership

Tom Klein

Vice President, Finance & Accounting Digital Business Operations

Take the first step

Serving customers by looking forward as well as back is a big promise, but the power of today’s new digital capabilities is vast and growing.

Let’s talk about how digital can work for your business.