F&A and Procurement
Finance departments are under more and more pressure to cut costs and provide value. Yet many struggle with poorly integrated systems and staff in different locations handling repetitive, error-prone tasks. Automating and standardising these processes can turn an inefficient finance operation into one that adds value. Combining this with the cost benefits of locating staff in a blend of onshore and offshore locations creates a powerful business proposition.
Outsourcing your finance and accounting processes to Logica will typically reduce the operating expenditure of your finance function by 35 per cent. It will improve your cashflow and standardise and automate your operation, all whilst enabling you to maintain full financial and internal control.
We work with organisations in all sectors to transform their finance functions and transform their operations. We have expertise in process, delivery and compliance, and we have deep accountancy skills. This formidable combination will help your organisation to develop a fully efficient and flexible finance operation.
With Logica you can outsource any combination of your finance processes whilst keeping others in-house. A key feature of Logica's capability is that we are able to offer not only the commodity processes such as accounts payable and accounts receivable, but also complex accounting services such as core operational accounting and management, and statutory and tax reporting.
Whether your need is for simple 'foundation' transaction services and helpdesks, or for 'enhanced' services such as reporting and business analysis, Logica can tailor an effective and efficient solution to your requirements.
Delivered through Logica’s global blended sourcing approach, we manage the supply chain and procurement processes through a single set of common tools and systems, enabling requisition management, purchase order management, invoice management, goods receipt notes management through to the interface with payments.
To discuss how F&A and procurement process outsourcing could benefit your business today, please contact us via email or telephone +44 (0) 870 850 4283.