Outsourced Finance and Accounting Services
We provide outsourced finance and accounting services through process automation and Artificial Intelligence. We aim to help you to save more time, increase productivity, improve efficiency, and work smarter.
Faster than humans, higher efficiency
Higher level of accuracy and consistency
Very cost effective
Better use of staff for higher-value tasks
Invoice Processing
Extract data from invoices, validate the information, and update accounting systems. Match invoices with purchase orders and receipts, and initiate approval workflows.Â
Perform entry of accounts payable and accounts receivable data into the accounting system, track outstanding invoices, and even send automated reminders for overdue payments.
Generate standardized financial reports (or any other reports in finance and accounting) on a scheduled basis, pulling data from various sources and formats.
Bank Reconciliation
Compare transactions in bank statements with records in the accounting system, identifying discrepancies and ensuring accurate financial records.
Do preparation and filing of tax returns by extracting relevant financial data and populating tax forms.
Calculate employee wages, deductions, and taxes, and update payroll systems accordingly.
- Intelligent Document Processing capabilities
- Ability to read and understand Asian languages
- Works with any existing systems or applications
- Powered by Artificial Intelligence such as Machine Learning (for data analysis), Natural Language Processing (for text analysis), and Face/Image Recognition
- Ability to automate complicated tasks that usually require human knowledge (e.g., fraud detection, defect detection, any other data analysis processes)
70%
3-5x
3 Weeks
Account Receivable Automation
There were various manual tasks in the Accounting Department of the Client’s company. The staff was spending many hours daily to transfer data from excel files to their accounting software.
Bank Reconciliation Automation
Bank reconciliation is a critical process, but how long does it take businesses to identify discrepancies between data? It could be many hours or even days to do that for just one bank account.
Invoice Entry Automation
The client manually processes more than 500 invoices each day. They receive invoices from multiple vendors in different formats like PDFs and scanned graphic files.