Finance & Accounting Outsourcing Finance & Accounting Outsourcing

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 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.

Qx Modern businesses

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.

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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.

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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.

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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.

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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 3000+ 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.

How GBS model implementation

How GBS model implementation helped a recruitment giant build a ‘Plug & Play’ model and save 5M+ GBP annually

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Snapshot

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?

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