Future-proof Financial Operations with our F&A Solutions
Focus on strategic business initiatives by automating and reengineering your processes with our Financial and Accounting (F&A) solutions. Leverage the seamless convergence of human expertise with cutting-edge technologies (like intelligent RPA) and industry-leading partnerships.
We help you reduce payment cycle time, improve treasury management, and enhance vendor, employee, and customer satisfaction. The result? Precise and quick processing, agile and transparent fluctuation management, and ultimately, unparalleled business growth.
Discover how HTC can help you boost efficiency, optimize costs, maximize business outcomes, and increase productivity across your F&A processes.
Our Services
Finance Shared Services
Accounts Payable
- Invoice processing: Reduce delays and errors by up to 50%, saving time and costs.
- Vendor query resolution: Maintain strong supplier relationships and uninterrupted supply chains to boost early payment discounts.
- Travel and expense audit: Benefit from rigorous audits to ensure over 95% accuracy in expense reporting, guarantee compliance, and prevent fraud.
Accounts Receivables
- Credit management: Mitigate risks with strategic credit assessments, setting appropriate limits to minimize bad debt exposure.
- Invoicing/billing: Ensure accurate and timely billing for faster payment cycles to improve cash flow.
- Collections management: Secure timely payments with effective collection strategies to enhance liquidity and reduce days sales outstanding (DSO) by 15%.
- Dispute resolution: Resolve disputes swiftly for high customer satisfaction and retention.
- Cash application: Apply payments to corresponding accounts to streamline reconciliations and financial reporting with near 100% accuracy.
Record to Report
- General ledger management: Maintain your general ledger with 99% accuracy, ensuring reliable financial statements.
- Financial closing and reporting: Streamline financial closings to ensure timely and accurate financial statements, reducing closing time by up to 40% for faster decision-making.
- Intercompany accounting: Manage intercompany transactions, simplifying accounting and reducing reconciliation time by up to 25%.
- Fixed asset accounting: Ensure precise tracking and depreciation calculations for accurate fixed asset accounting, improving capitalization and depreciation accuracy.
- Tax reporting and analysis: Ensure compliance with tax laws while identifying tax optimization opportunities to stay ahead of regulatory changes.
- Audit preparation and support: Receive end-to-end support in audit preparation, organization, and documentation review for a smooth and efficient audit process.
- Data analysis: Leverage advanced tools and methodologies to analyze data and derive actionable insights.
- Process optimization: Enhance efficiency with comprehensive assessment and re-engineering of business processes.
- AI model development: Benefit from our expertise in developing robust AI models tailored to your unique business needs.
- Workflow automation: Implement automated workflows to streamline operations and reduce manual intervention.
- Task execution: Automate the execution of repetitive tasks to improve productivity.
- Robotic configuration: Configure and manage RPA systems to automate complex processes.
- Data extraction: Extract data efficiently from multiple sources using advanced techniques.
- Live dashboards: Gain real-time insights into business performance using customizable dashboards.
- Instant metrics: Get instant access to key metrics for informed decision-making.
- Forecast trends: Plan strategically with predictive analytics that forecast trends.
- Risk management: Identify and mitigate risks proactively using advanced risk management tools.
- Historical data analysis: Identify trends and patterns with a comprehensive analysis of historical data.
- Reporting: Ensure accuracy and meet deadlines efficiently with automated reporting processes.
Our managed intelligent F&A services combine the power of automation and analytics with decades of experience spanning the finance function, infusing agility, accuracy, and speed into finance processes. With HTC Global Services, elevate your finance operations to a strategic role, gaining the much-needed competitive edge. The HTC Advantage
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