Overview: Finance & Accounting
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In today's marketplace, organizations must cut costs and create new streams of revenue to thrive. By outsourcing some or all of their Finance & Accounting operations, organizations are able to save money, substantially improve service levels and marshal resources toward initiatives that generate profitable growth. ACS can help manage a broad spectrum of Finance & Accounting services including Accounts Payable, Accounts Receivable, Billing, General Accounting, Tax Management, Treasury and Risk Management and other finance tasks—providing organizations with the means to increase efficiency and gain an operational advantage over their competitors.
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Regardless of what sales channels you employ, ACS can help your business optimize the purchase process with a multitude of services that range from the initial order and fulfillment to payment collection. ACS specializes in Order Management & Billing, Credit Analysis, Dispute & Deduction, Order Management, Accounts Receivable and Collections—all tailored to help you increase productivity and maximize efficiencies while providing superior service to your end customers.
Effective procurement is a key component for sustainable business success, and ACS can help you realize maximum efficiency and increased value with our Procure-to-Pay cycle that includes Sourcing services, Order Management, Settlement of invoices, Reconciliation of transactions, Control/Audit services and Reporting. ACS can integrate these services with your ERP systems to increase process transparency and enhance productivity and decision-making capabilities. By supporting these best practices with leading edge technologies, ACS can offer your business long-term flexibility and strategic leadership that is essential to success.
Payroll Processing, Travel & Expense Accounting
Whether small or large, most businesses require a number of payout services to employees on a regular basis that include Payroll Processing, Travel and Expense Accounting. By allocating these services to ACS, a business can realize significant cost savings, spend more time focusing resources on core business functions and better monitor undesirable spending patterns. In addition, ACS’ expertise in this area can help avoid errors and hidden expenses while remaining compliant with ever-changing legislation.
General Accounting services from ACS include overseeing, coordinating and controlling the accounting records and closing activities of an organization. We handle Intercompany Consolidations & Close, Account Reconciliations, Fixed Assets, Inventory/Cost Accounting and General Ledger services. The benefits of allowing ACS to handle your general accounting needs include fewer rework issues, minimized journal entries, standardized reconciliation processes, greater compliance and increased reliability and repeatability of every process.
Treasury & Cash Management
ACS provides sales and use tax compliance services and other support functions for a variety of tax compliance activities as well as several treasury support services that include Bank Account Management & Reconciliation Cash Forecasting and Tax Processing. The benefit of using ACS for such services includes our extensive experience, proprietary WorkFlow tools, global delivery model and our quality management systems—resulting in better accuracy, timeliness, reduced risk and increased compliance for the client.