Finance and Accounting
- Procurement to Pay Management
- Order to Cash Management
- Record to Report
- Debt Management
- Compliance Management
- Accounting Services
We are effectively handling the outsourcing services for procurement to pay operations where we are managing the operations for our client in terms booking the invoice in their environment, doing the GRIR reconciliations, controlling the return of vendors activities in SAP, ORCALE, People soft accounting systems.
- Receive the invoice in EDI or common mailbox
- Booked the invoices as per defined KPI
- Short our pricing discrepancies
- Maintain GRIR Account
- Payment of invoices
- Vendor Reconciliation
- P2P Dash Board
We are effectively managing the accounting services for our clients from booking of sales to collect the payments which help our clients to smooth running the operations and effectively managing their cycle financially.
- Generate Sales Invoice
- Prepare Sales Register
- Collect the payments
- Follow up for Payments
- Customer Books Reconciliation
- O2C Dashboard
We are supporting our global clients to manage their financial operations in terms of following areas.
- Assets Management
- Accrual Accounting
- Treasury Management
- Tax Managements
- MIS Reports
- Month end/Year End Closing Activities
- Business Controlling
We are managing the book debts for our clients and ensuring the timely receiving the payments from their customers. We are keeping the track of ageing invoices on the basis of due date and with the help of technology and keep reviewing such ageing invoices are pending after getting due from the customers and do the follow up in professional manner, discuss and communicate with customers on behalf of our client. Our inhouse build database management system help us import the client AR Data with the help technology and keep the track of invoice due and automize follow up with the customers.
- Customers Audit
- Customers Reconciliation
- Overdue Follow-up
- Technology Based Follow-ups
Debt Management is an important for any business as its impact directly on the working capital of the business and for smooth operations for outflow of funds for any business, their timely collection from the customers is very important else such business may get in trouble to pay their liabilities and it can impact to their goodwill and brand and further they may get problem in supply of good or services from their vendors.
As business is managed either through equity or borrowing the debts from the bank and financial institutions and hence they need to pay interest on such borrowing funds as per agreement in timely manner and scarcity of inflow in the business may impact on paying such obligations further various civil and criminal actions from the bank.
As business units depend to manage their inflow on their collection team and in absence of any expertise of collection management it may happen that there is delay in collections below are the factors which causes for the delay in collection from the customers.
- Errors in invoice documents
- Reconciliation items not cleared
- Compliance issue for payments from abroad and bank hold
- Failure performing the duties from staff
- Process of customers for uploading document not followed
Yobapart help you to manage the debt management in electronic environment which remove the scope of manual intervention and also support to remove the difference arise from the client in terms of tax, compliance through our expert team who manage the book debt for many various clients.
Compliance Management to follow the applicable compliance to the business and follow the same not only In the spirit of law but spirit of the business. An organization which follows the compliance can survive in the long term and have a great goodwill in the society. There are many compliances applicable to the companies in terms Corporate Laws, Internal Revenue Services, Statement governments, Income Tax Compliance, Environment Compliance and Pensions, employment funds or industry specific compliances.
We are handling the compliance with the help of technology for our clients and currently providing the compliance management services to our clients in the follow regions of the world.
- USA
- UK
- CANADA
- AUSTRALIA
- NEWZELAND
- INDIA
- EUROPE
We are providing Book keeping and Accounting services in digital environment for our Start up clients who just want to focus in their business and would like to minimize their administration cost. We are helping our clients to keep the records of their business operation for receipts and payments which might be require them to keep for IRS Authorities when asked to do so.
We provide our services to keep the records of business transactions, accounting for purchase and sales transactions, bank and cards reconciliation, maintain the records and schedule, Chart of Accounts in such a way that helps for your Federal Tax Preparer and consultant to get various exemption and deduction benefits information very easily.
We are supporting our clients for start-ups, entrepreneurs, corporates in worlds popular and commonly used accounting software as below.
- Oracle
- SAP
- Xero
- Zoho Books
- QuickBooks
- Free Agent
- SAGE Accounting
- FreshBooks