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:
Streamline, optimise and automate your accounts payable process to maximise supplier rebates and discounts, eliminate errors and reduce the cost of operations.
Replace paper-based AR processes with best practices, industry expertise and automation to improve liquidity, while reducing operating costs.
Improve DSOs reduced bad debts and optimise cash flows by offshoring your organisation’s credit control to our seasoned experts.
Generate bespoke financial and statistical information reports as per your specification to mitigate risks, assess financial performance and maximise profits.
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.
Run timely and accurate payroll, reduce costs by up to 50%, improve reporting and ensure end-to-end compliance for your manufacturing business.
Several leading manufacturing businesses have experienced the following benefits on partnering with QX
Replace people & paper-based processes with digitisation, automation & process reengineering initiatives for your manufacturing business
Eliminate process inefficiencies by reducing Days Sales Outstanding (DSO), minimising late payments and reducing bad debts
Leverage process improvement and automation to cut down on your accounting costs by up to 50%
Maximise savings in the form of supplier rebates by ensuring on-time payments & accurate supplier ledger reconciliation
Standardise reporting activities and improve turnaround time for preparation of management accounts
Experience end-to-end data security with ISO 27001:2013 and BSI 10012:2017 (GDPR) compliance
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.
Learn how leading manufacturing companies have partnered with QX to transform their finance & accounting functions:
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