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Infosys BPO Finance and Accounting (F&A) Practice
As finance functions seek to keep pace with mounting business and regulatory demands, the CFOs are expected to drive effectiveness, provide
‘financial conscience’and make finance function lean and efficient. Additionally, the board expects them to provide a financial structure which is
agile, connected with the rest of the organization, automated and completely metric driven. Infosys BPO has been first choice of CFOs aiming to
achieve the desired state of finance function through transformational outsourcing partnerships. Across the globe Infosys has been working with
leading CFOs in providing them with innovative business process management solutions that can help transform their finance organization into a
world-class function in terms of role, performance and finance functional cost structure.
infosysbpo.com
Infosys BPO F&A Practice Service Offerings
Some of our Key Investments in the F&A Outsourcing Space
We have been continually making key investments in our practice to improve domain capabilities and seek out improvement opportunities that
deliver value to clients. Some of these investments are:
•	 Setup of Global Finance Centre of
Excellence (FCoE) for enhancing domain
competence (training/certification) and
thought leadership development
•	 Comprehensive internal benchmarking
exercise covering 540+ metrics to assist
in developing‘Benchmarked process &
pricing model’and providing credible
inputs for service enhancement
•	 Operational Analytics to mine business
insights, uncover value creation
opportunities and assume end-to-end CFO
metric ownership
•	 One F&A Suite: Industry leading portfolio  
of F&A Key Solutions comprising of
Transaction Enablers, Governance
& Compliance Solutions, Analytics
Frameworks, Business Platforms etc.,
complemented with global partnerships
Order to Cash
•	 Customer Data Management
•	 Quote and Order Processing
•	 Credit Analysis
•	 Fulfillment Support
•	 Billing & Collections
•	 Cash Application
•	 Customer Query Helpdesk
•	 Claims/ Returns processing
•	 Fixed Asset Accounting
•	 Project Accounting
•	 Investment Accounting
•	 Real Estate Accounting
Enterprise Reporting,
Analysis and Planning
and Others
•	 Planning, Budgeting and Forecasting Support
•	 Financial Analysis -Sales, Products, Markets,
Revenues, Profit, Margin & Cost
•	 Performance Reporting & Decision support
•	 Audit Support
•	 SOx Compliance Support
•	 Regulatory Reporting Support
•	 Taxation Accounting
•	 VAT Accounting, Reporting
•	 Supplier Management
•	 Catalog Management
•	 Pre-order and Post-order Processing
•	 Invoice & Claims Processing
•	 Payment Processing
•	 Vendor Helpdesk
Procure to Pay Record to Report
•	 Lease Accounting
•	 Cost Accounting
•	 General Ledger Accounting
•	 Reconciliations –Intercompany, Bank
•	 Book Closure
•	 Financial Reporting
•	 Treasury Support – Cash Management,
Forex Exposure etc
Snapshot of our F&A Credentials
Delivery Centers
across the world
90+
Global Clients,
includes 25
in Fortune 500
Yearly transactional volumes handled:
25 Million + Invoices processed/year
$80 Billion + payments processed per year
No of receipts applied in a year: 3.3Million+
No of a/cs reconciled: 781,000+
No. of JEs Posted/year: 750,000+
22 30+
Clients serviced
from On-site and
Near Shore Centers
~14500
F&A professionals
worldwide
4800+ Procure to Pay,
5600+ Order to Cash,
1900+ Record to Report
2000+ ERAP
200+ Tax & Compliance
Support
Since its inception in 2004, F&A practice has
been one of the largest and fastest growing
segments in Infosys BPO, contributing to
over 40% of annual revenues. The practice
offers the entire gamut of processes across
F&A activity spectrum- from pure-play
transactional services to high-end services
such as SEC reporting, SOx compliance, Tax,
VAT, GAAP-IFRS convergence support etc. Our
consistent leadership position rankings in the
Gartner’s F&A Magic Quadrant, Everest FAO
PEAK Matrix and other analyst reports are a
testimony to our completeness of vision and
execution capabilities.
with Technology Providers on areas ranging
from Mailroom management, E-Invoicing,
Business Intelligence and Cloud ERP
•	 Independent Risk Management,
Compliance and Quality Assurance Team
•	 A transparent and holistic Process
Progression modelTM
(PPM) framework to
transform F&A engagements
© 2015 Infosys Limited, Bangalore, India. All Rights Reserved. Infosys believes the information in this document is accurate as of its publication date; such information is subject to change without notice.
Infosys acknowledges the proprietary rights of other companies to the trademarks, product names and such other intellectual property rights mentioned in this document. Except as expressly permitted,
neither this documentation nor any part of it may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, printing, photocopying, recording or
otherwise, without the prior permission of Infosys Limited and/ or any named intellectual property rights holders under this document.
About Infosys
Infosys is a global leader in consulting, technology, outsourcing and next-generation services. We enable clients, in more than 50 countries, to stay a
step ahead of emerging business trends and outperform the competition. We help them transform and thrive in a changing world by co-creating
breakthrough solutions that combine strategic insights and execution excellence. Visit www.infosys.com to see how Infosys (NYSE: INFY), with
US$8.25 B in annual revenues and 165,000+ employees, is helping enterprises renew themselves while also creating new avenues to generate value.
Infosys BPO, the business process management subsidiary of Infosys, provides a broad range of enterprise and industry-specific services. We deliver
transformational benefits to clients through our proprietary Process Progression ModelTM
(PPM). These benefits include cost reduction, ongoing
productivity improvements and process reengineering.
For more information, contact infosysbpo@infosys.com www.infosysbpo.com
Our CFO solutions are modelled on the‘Process Progression ModelTM
(PPM)’Framework:
Client Profile: Global electronics major generating revenues of €25bn, employing 120,000+ employees in
over 70 countries
Infosys BPO Solution:
•	 Started with re-badging of 1400 FTEs in Poland, Thailand & India
•	 Consolidated 3000+ FTEs across 10 global delivery centers supporting end to end F&A processes
•	 Rebadging of resources in Netherlands, Japan and setting up of new delivery centers in Brazil & South Africa
•	 Taking end-to-end ownership of service metrics & defined KPIs for finance performance tracking
•	 Global optimized delivery model implementation by secondary transfer of activities from International
centers to low cost delivery centers
•	 Implemented Rule Based Controlling model to support controllers’ focus on business partnering
Benefits Delivered to the Client:
•	 92% processes from 400 BUs in 40+ countries consolidated and harmonized in Infosys delivery centers
•	 Identification and implementation of 110 transformation initiatives and creation of future transformation
roadmap
•	 Implemented Infosys suite of technology tools to automate the process
•	 Movement to transaction based pricing model
•	 Support in disentanglement of a business unit for divestment
•	 Embarked on a joint program to deliver savings of €40 Mn through transformation
Case Study -Transformation of Global SSCs of a Global Electronics Major
•	 Consolidation into
global transactional hub
supported by near-shore/
on-shore delivery
footprint
•	 Workflow, automation
and business support tools
•	 Business platform solutions
•	 Cloud-based offerings
•	 Six Sigma / Lean projects
•	 Continuous Improvement
•	 Benchmark to‘best in class’
•	 Operations best practices
•	 Unified Global Dashboard
•	 Real-time KPI’s with Drill-down,
trends
•	 Supports business insights via
leading and lagging indicators
•	 Process-aligned delivery
structure and harmonization
•	 Best practices incorporation
•	 Controls review
•	 Infosys F&A Smart Process
Catalogues
Upfront optimization
Globally optimal
delivery model
Leverage technology
multipliers Smart Operations Decision Insight Center
Technology People Business Partnership
•	 Widen resource base
•	 Deepen skills to support finance
and business organization
•	 Right skilling & leveraging
resource base
•	 Better value for technology
investments
•	 Automation tools to deliver process
•	 Efficiencies and effectiveness
•	 Higher Straight-through-Processing
•	 Robotics Process Automation
•	 ‘No surprises’culture
•	 Insights to business
•	 Ownership of end to end financial
performance metrics
•	 Increased participation in strategy
& decision making
Financial Parameters
•	 Better Working Capital
management
•	 	Finance functional cost reduction
•	 	Revenue protection
•	 	Variable cost structure
Benefits
Track
business
metrics
Impact
bottom
line
Technology
as a
Multiplier
Move to
variable
cost
Impact
Business
Outcomes
•	 Consistently ranked in the
Leadership Position of Gartner’s
Magic Quadrant for F&A BPO
•	 Positioned in the Winner’s Circle
of F&A provider in‘F&A Blueprint’
by HFS
•	 Rated as market leader in Platform
consolidation in‘F&A Outsourcing
report’By Nelson Hall

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Infosys finance accounting outsourcing

  • 1. Infosys BPO Finance and Accounting (F&A) Practice As finance functions seek to keep pace with mounting business and regulatory demands, the CFOs are expected to drive effectiveness, provide ‘financial conscience’and make finance function lean and efficient. Additionally, the board expects them to provide a financial structure which is agile, connected with the rest of the organization, automated and completely metric driven. Infosys BPO has been first choice of CFOs aiming to achieve the desired state of finance function through transformational outsourcing partnerships. Across the globe Infosys has been working with leading CFOs in providing them with innovative business process management solutions that can help transform their finance organization into a world-class function in terms of role, performance and finance functional cost structure. infosysbpo.com Infosys BPO F&A Practice Service Offerings Some of our Key Investments in the F&A Outsourcing Space We have been continually making key investments in our practice to improve domain capabilities and seek out improvement opportunities that deliver value to clients. Some of these investments are: • Setup of Global Finance Centre of Excellence (FCoE) for enhancing domain competence (training/certification) and thought leadership development • Comprehensive internal benchmarking exercise covering 540+ metrics to assist in developing‘Benchmarked process & pricing model’and providing credible inputs for service enhancement • Operational Analytics to mine business insights, uncover value creation opportunities and assume end-to-end CFO metric ownership • One F&A Suite: Industry leading portfolio of F&A Key Solutions comprising of Transaction Enablers, Governance & Compliance Solutions, Analytics Frameworks, Business Platforms etc., complemented with global partnerships Order to Cash • Customer Data Management • Quote and Order Processing • Credit Analysis • Fulfillment Support • Billing & Collections • Cash Application • Customer Query Helpdesk • Claims/ Returns processing • Fixed Asset Accounting • Project Accounting • Investment Accounting • Real Estate Accounting Enterprise Reporting, Analysis and Planning and Others • Planning, Budgeting and Forecasting Support • Financial Analysis -Sales, Products, Markets, Revenues, Profit, Margin & Cost • Performance Reporting & Decision support • Audit Support • SOx Compliance Support • Regulatory Reporting Support • Taxation Accounting • VAT Accounting, Reporting • Supplier Management • Catalog Management • Pre-order and Post-order Processing • Invoice & Claims Processing • Payment Processing • Vendor Helpdesk Procure to Pay Record to Report • Lease Accounting • Cost Accounting • General Ledger Accounting • Reconciliations –Intercompany, Bank • Book Closure • Financial Reporting • Treasury Support – Cash Management, Forex Exposure etc Snapshot of our F&A Credentials Delivery Centers across the world 90+ Global Clients, includes 25 in Fortune 500 Yearly transactional volumes handled: 25 Million + Invoices processed/year $80 Billion + payments processed per year No of receipts applied in a year: 3.3Million+ No of a/cs reconciled: 781,000+ No. of JEs Posted/year: 750,000+ 22 30+ Clients serviced from On-site and Near Shore Centers ~14500 F&A professionals worldwide 4800+ Procure to Pay, 5600+ Order to Cash, 1900+ Record to Report 2000+ ERAP 200+ Tax & Compliance Support Since its inception in 2004, F&A practice has been one of the largest and fastest growing segments in Infosys BPO, contributing to over 40% of annual revenues. The practice offers the entire gamut of processes across F&A activity spectrum- from pure-play transactional services to high-end services such as SEC reporting, SOx compliance, Tax, VAT, GAAP-IFRS convergence support etc. Our consistent leadership position rankings in the Gartner’s F&A Magic Quadrant, Everest FAO PEAK Matrix and other analyst reports are a testimony to our completeness of vision and execution capabilities. with Technology Providers on areas ranging from Mailroom management, E-Invoicing, Business Intelligence and Cloud ERP • Independent Risk Management, Compliance and Quality Assurance Team • A transparent and holistic Process Progression modelTM (PPM) framework to transform F&A engagements
  • 2. © 2015 Infosys Limited, Bangalore, India. All Rights Reserved. Infosys believes the information in this document is accurate as of its publication date; such information is subject to change without notice. Infosys acknowledges the proprietary rights of other companies to the trademarks, product names and such other intellectual property rights mentioned in this document. Except as expressly permitted, neither this documentation nor any part of it may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, printing, photocopying, recording or otherwise, without the prior permission of Infosys Limited and/ or any named intellectual property rights holders under this document. About Infosys Infosys is a global leader in consulting, technology, outsourcing and next-generation services. We enable clients, in more than 50 countries, to stay a step ahead of emerging business trends and outperform the competition. We help them transform and thrive in a changing world by co-creating breakthrough solutions that combine strategic insights and execution excellence. Visit www.infosys.com to see how Infosys (NYSE: INFY), with US$8.25 B in annual revenues and 165,000+ employees, is helping enterprises renew themselves while also creating new avenues to generate value. Infosys BPO, the business process management subsidiary of Infosys, provides a broad range of enterprise and industry-specific services. We deliver transformational benefits to clients through our proprietary Process Progression ModelTM (PPM). These benefits include cost reduction, ongoing productivity improvements and process reengineering. For more information, contact infosysbpo@infosys.com www.infosysbpo.com Our CFO solutions are modelled on the‘Process Progression ModelTM (PPM)’Framework: Client Profile: Global electronics major generating revenues of €25bn, employing 120,000+ employees in over 70 countries Infosys BPO Solution: • Started with re-badging of 1400 FTEs in Poland, Thailand & India • Consolidated 3000+ FTEs across 10 global delivery centers supporting end to end F&A processes • Rebadging of resources in Netherlands, Japan and setting up of new delivery centers in Brazil & South Africa • Taking end-to-end ownership of service metrics & defined KPIs for finance performance tracking • Global optimized delivery model implementation by secondary transfer of activities from International centers to low cost delivery centers • Implemented Rule Based Controlling model to support controllers’ focus on business partnering Benefits Delivered to the Client: • 92% processes from 400 BUs in 40+ countries consolidated and harmonized in Infosys delivery centers • Identification and implementation of 110 transformation initiatives and creation of future transformation roadmap • Implemented Infosys suite of technology tools to automate the process • Movement to transaction based pricing model • Support in disentanglement of a business unit for divestment • Embarked on a joint program to deliver savings of €40 Mn through transformation Case Study -Transformation of Global SSCs of a Global Electronics Major • Consolidation into global transactional hub supported by near-shore/ on-shore delivery footprint • Workflow, automation and business support tools • Business platform solutions • Cloud-based offerings • Six Sigma / Lean projects • Continuous Improvement • Benchmark to‘best in class’ • Operations best practices • Unified Global Dashboard • Real-time KPI’s with Drill-down, trends • Supports business insights via leading and lagging indicators • Process-aligned delivery structure and harmonization • Best practices incorporation • Controls review • Infosys F&A Smart Process Catalogues Upfront optimization Globally optimal delivery model Leverage technology multipliers Smart Operations Decision Insight Center Technology People Business Partnership • Widen resource base • Deepen skills to support finance and business organization • Right skilling & leveraging resource base • Better value for technology investments • Automation tools to deliver process • Efficiencies and effectiveness • Higher Straight-through-Processing • Robotics Process Automation • ‘No surprises’culture • Insights to business • Ownership of end to end financial performance metrics • Increased participation in strategy & decision making Financial Parameters • Better Working Capital management • Finance functional cost reduction • Revenue protection • Variable cost structure Benefits Track business metrics Impact bottom line Technology as a Multiplier Move to variable cost Impact Business Outcomes • Consistently ranked in the Leadership Position of Gartner’s Magic Quadrant for F&A BPO • Positioned in the Winner’s Circle of F&A provider in‘F&A Blueprint’ by HFS • Rated as market leader in Platform consolidation in‘F&A Outsourcing report’By Nelson Hall