Finance & Accounting
Outsourcing Services (FAO)
Modern businesses expect finance departments to play a key role in shaping overall strategy & driving business growth, bringing about a major shift in finance & accounting functions. However, the time-consuming nature of F&A processes often overburdens finance teams, leaving them with little or no time to focus on strategic functions.
QX Finance & Accounting Services specialises in delivering personalised F&A services and products through its delivery centres in India & Mexico. Leveraging process optimisation, intelligent technology, and a large pool of highly qualified accounting and payroll professionals, we have enabled F&A transformation for businesses across key industries like recruitment, student housing, manufacturing & healthcare.
Benefits
Centralise F&A operations, optimise processes & build a Finance CoE
Achieve transformation through process digitisation & intelligent automation
Eliminate staffing issues with scalable offshore team of F&A professionals
Enable strategic decision making through timely, accurate & insightful business reporting
Stay on top of ever-changing regulations with end-to-end compliance
Our Services
Procure To Pay (P2P)
P2P is an extremely laborious, repetitive & time-consuming finance function that can not only drain a company’s resources but also put your business at risk of human errors & discrepancies. QX’s P2P suite of services allows organisations to add agility to their processes, implement smart automation, minimise spends and identify new avenues for cost savings. Turn the focus to strategic functions by freeing up your onshore teams through QX’s outsourced P2P services.
- Account Payable and T&E Services
- Invoice Processing
- PO Management
- P2P Reporting
- Supplier Helpdesk Service
- Supplier Master Management
Order To Cash (O2C)
The O2C cycle is a complex chain of processes that brings about high operation costs and makes it prone to hampered customer relations. QX follows a unique partnership approach for its O2C services, helping companies optimise cash flow, build stronger customer relations and shift focus to value-driven initiatives. Achieve significant cost savings & deliver a wholesome customer experience with our gamut of outsourced O2C services.
- Account Receivable
- Account Credit Control
- Billing
- Customer Helpdesk
- Customer Master Management
- Month-end Closing
- Reporting
Record To Report (R2R)
From our past experience, we have realised that many Finance Controllers, Finance Directors and CFOs have their own wish list in terms of various Finance Reporting. However, due to their busy routine and deadlines, they could not work on these wish list. We at QX, can help you and your finance team to sit back and allow our team of experts to work on various R2R functions including customised reporting. Starting from basic general ledger accounting to period end closing activities and preparing month-end management accounts and producing various MIS reports which will help you to review the current state of operations and prepare budgets and forecast your revenue for future.
- General Ledger Accounting
- Treasury Management
- Audit Support
- Financial Planning & Analysis (FP&A)
- Vat Compliance
- Fixed Assets
Human Resource Support Services
Over the last few years, the role of Human Resource (HR) has grown by leaps & bounds as business owners now expect HR professionals to also contribute to company growth through strategic functions. QX’s HR support services provide onshore HR teams with expert assistance in performing functions like payroll, audits and reporting – leaving teams with more time to focus on key responsibilities.
Know More
QX Finance & Accounting
What We Do
Ever since its inception in 2003, QX Finance & Accounting Services has continued to grow its offshore finance & accounting capability to deliver high quality services which increase process efficiency, reduce back-office costs and enable organisational transformation for clients. Backed by a unique people-process-platform approach, QX has grown into a global family of 3250+ employees and 6 global centres of excellence. The QX family is dedicated to understanding your specific organisational needs, devising personalised solutions and building scalable models to enable business growth.
QXFA UK Services
QX is India’s first GDPR compliant BPO company with rich experience in providing finance & accounting services, making it one of the most recognised & reliable F&A service providers in the UK.
QXFA US Services
QX offers a range of finance & accounting outsourcing services for businesses in the US. These services are tailored to suit your specific organisational needs and can help you achieve your transformation goals.
QXFA Products
How GBS model implementation helped a recruitment giant build a ‘Plug & Play’ model and save 5M+ GBP annually
Read Case StudySnapshot
QX Finance & Accounting Services
*Annual figures for FY 2023-24
47,250
Management Accounts Produced
595,250
Accounts Payable Invoices Processed
768,000
Sales Invoices Processed
358,750
Cash Transactions Processed
185,500
Reconciliations Completed
3,581,000
Timesheet Processed
Considering business transformation through F&A outsourcing?
Book a Consultation