Driving innovation with outsourced F&A services in

Manufacturing Sector

 

Manufacturing CFOs and FDs are expected to stay on the top of issues related to tax, compliance, strategy and financial technology consolidation. However, the sheer volume of routine and repetitive tasks like payroll, accounting and reporting – across multiple sites – ties up the best resources.

QX offers end-to-end finance & accounting services manufacturing companies, delivering:

  • Up to 50% reduction in the cost of accounting operations.
  • Improved accounting efficiency via process transformation & automation.
  • Better supplier terms and maximise savings through rebates.
  • Faster TAT for preparation of management accounts.

Finance & accounting services to Enable Transformation for Global Manufacturers

Accounts Payable

Streamline, optimise and automate your accounts payable process to maximise supplier rebates and discounts, eliminate errors and reduce the cost of operations.

Accounts Receivable

Replace paper-based AR processes with best practices, industry expertise and automation to improve liquidity, while reducing operating costs.

Credit Control

Improve DSOs reduced bad debts and optimise cash flows by offshoring your organisation’s credit control to our seasoned experts.

Management Accounts & Reporting

Generate bespoke financial and statistical information reports as per your specification to mitigate risks, assess financial performance and maximise profits.

Treasury Management

Reduce business risks, boost process efficiencies and cut down on operational costs with our Treasury Management service, tailored to meet the demands of your manufacturing business.

Staff Payroll/PAYE

Run timely and accurate payroll, reduce costs by up to 50%, improve reporting and ensure end-to-end compliance for your manufacturing business.

Looking for an experienced and reliable F&A partner who understands the manufacturing sector? ?
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Service Benefits

Several leading manufacturing businesses have experienced the following benefits on partnering with QX


Process Transformation

Replace people & paper-based processes with digitisation, automation & process reengineering initiatives for your manufacturing business

Improved Cash Flows

Eliminate process inefficiencies by reducing Days Sales Outstanding (DSO), minimising late payments and reducing bad debts

Reduced Costs

Leverage process improvement and automation to cut down on your accounting costs by up to 50%

Improved supplier management

Maximise savings in the form of supplier rebates by ensuring on-time payments & accurate supplier ledger reconciliation 

Insightful Management Accounts

Standardise reporting activities and improve turnaround time for preparation of management accounts

Robust Security

Experience end-to-end data security with ISO 27001:2013 and BSI 10012:2017 (GDPR) compliance

Software capability

The QX team works with a wide range of software to bring about finance & accounting transformation for our clients in the manufacturing industry. We work with all major software and can easily integrate any additional software in our processes, to better suit your existing platform.

QX Success Stories

Learn how leading manufacturing companies have partnered with QX to transform their finance & accounting functions:

Optimising accounts payable for a Global Beverage Producer and Distributor

Enabling Transformation for a Leading UK-based Manufacturing Business

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Want to know how our finance & accounting services can benefit your manufacturing business? Speak to our experts to find out.
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