Business Process Services
In today’s constantly changing world, the only thing that does not change is ‘change’ itself.
At CIS we understand the importance of ‘change’ and ‘Innovation’. Our company looks beyond the regular approach and brings seismic changes. We come up with new and efficient ideas. Our out of box thinking makes us more effective against increasing competition.
Our Business Process Services are focused towards delivering outstanding results for our clients. We adapt our outsourcing services to cater to the specific needs of the business and assist our consumers in achieving their business goals. We study and evaluate existing business /commercial processes, recommendations/suggestions to make them more operationally and cost-effective. We completely understand the requirements of our consumers. Our consumers get the advantage of cost-effective services which include Procedure to Pay– (Accounts Payable), Record to Report (Accounting & Reporting), Order to Cash – A/R.
We provide various services such as:
Procedure-to-Pay(P2P)
Our organization has incorporated latest modern technology from business analytics to artificial intelligence in finance operations. This helps to transform the procure-to-pay procedure of our clients. This process also helps us in gaining insights in order to understand what actions are to be taken in order to drive business outcomes. Our solutions are focused on business outcomes.
Record-to-Report
Financial and managerial reports impact a firm’s business by allowing the firm to represent its financial performance and situation to both external and internal stakeholders, thus allowing better decision making and attracting investment.
The record-to-report (R2R) process enables our organization to prepare accurate and reliable financial and managerial reports. An accurate report is required for showcasing to increase revenue since it signifies the past performance and future projected growth.
What our clients can expect from our reports:
Financial performance and position
Key performance indicators
Business commentary on the performance
Reconciliation of actual results to budget, forecast, and prior year results.
Order to Cash
CIS is a business-to-business OTC solutions provider. We combine design thinking principles and approaches with digital technologies and analytics and deep domain expertise. Our unique approach helps us to provide end-to-end digital solutions that deliver business outcomes.
Our OTC experts use a smart framework which improves business outcomes such as speed, agility, smart decisions, risk, and an enriching customer experience. The framework also helps us in improving cash flow and services.
Our OTC services include:
Customer master data management and contract administration
Credit management services and contract management services
Order management/fulfilment
Billing and invoicing
Electronic invoice presentment and payment
Business-to-business collections
Cash applications
Deductions and exception management
Dispute management