Finance & Accounting
With the demands of current economic climate and new regulations and laws, CFO organizations today are becoming increasingly focused on managing cash flow and working capital efficiently, improving customer experience, accuracy and regulatory transparency, and driving business performance and policies-based standardization. The finance function is gaining in strategic importance and there is a call for business intelligence, forecasting and budgeting.
Innokat provides Finance & Accounting Transformation Services globally and helps you build world-class Finance organizations by driving innovation, enhancing productivity and ensuring compliance.
HOW Innokat HELPS
Innokat Consulting Services offers Finance and Accounting Management Consulting Services to help meet business challenges, deliver revenue growth, achieve better operating margin, increase shareholder value and improve asset efficiency. Our consultants come with deep domain knowledge and experience, having delivered solutions across business, technology and regulatory environments.
Our services and solution frameworks in the global Finance and Accounting Transformation Practice are designed to provide end-to-end transformation services including:
- Finance Performance and Process Optimization
- Finance Enterprise Performance Management
- Finance Technology Transformation
- Shared Service Transformation and BPO Advisory
We have highly qualified and experienced Finance and Accounting professionals with a CPA license, and industry experience as former CFOs, controllers, VPs of Finance etc., Big 4 management consulting experience, and MBA in Finance from the top 10 business schools in the world.
Our offerings include:
Finance Performance and Process Optimization
- Finance and Accounting, Treasury management, Tax business processes impacting control
- Management and statutory reporting, Internal controls, Reconciliations
- Inter-company accounting, Treasury optimization, Cost management
- Finance process standardization and automation, Analytical capabilities, Financial consolidation
Finance Enterprise Performance Management
- Enable success of finance business partners and improve overall profitability
- Revenue reporting, cost reporting, client/product profitability, budgeting & planning
- Consolidation reporting, key performance indicators and others.
Finance Technology Transformation
- Process automation, finance technology standardization, and implement innovative solutions
- We help you achieve ˜30-50% savings in Finance technology cost, ˜40-50% savings in IT shared services cost, and more than 50% savings in finance processing cost
Shared Service Transformation and BPO Advisory
- Reduce costs, improve productivity and promote timely execution
- Enable better decision making, leverage existing and exploit emerging technologies
- Ensure acceptable levels of control and risk management
- Optimize organizational capabilities and promote collaboration across the extended enterprise