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Account Consolidation Services

Datamatics has extensive experience in enabling account consolidation for global conglomerates with various umbrella companies and holding companies. As part of its Account Consolidation services, Datamatics offers Multi Regional Currency (MRC) options, standardized procedures to align with statutory requirements and expertise in implementing local GAAP requirements, including passing consolidation entries as per local GAAP rules.

Monthly, Quarterly and Annual Closing of Books of Account

Datamatics has a specialized team of Certified Public Accountants, Chartered Accountants and Cost Management Experts with unmatched expertise in US GAAP, IFRS and other local GAAP requirements. Datamatics’ solutions deliver timely closure, incorporate local compliance requirements, align to statutory accounting guidelines, and enhance accounting oversight by liasoning with external auditors.
 

  • Single-point access to knowledge of multiple accounting best practices and statutory requirements
  • High automation of validation and checking against standards to eliminate reporting errors and hence avoid related penalties
  • Significantly lower costs than multiple in-house teams spread across geographies
  • Third-party (external) assessment brings in higher level of accountability in internal reporting too
     
Transforming Accounts Payables for Leading Media Company

Datamatics provides end-to-end outsourcing solution distinguished by centralized operations for mailroom, imaging and check-processing, to a  global leader in integrated education publishing to improve efficiencies and reduce costs in the Accounts Payables process.

Smart Finance and Accounting Solutions Enable International Publisher to Reduce Operating Costs

International publisher and information service provider leverages Datamatics R.A.P.I.D. Framework for Smart Finance & Accounting Management, to implement an end-to-end F&A solution and reduce costs by 40%.

Reducing TAT Through F&A Services for Leading Media Company

A leading news provider organization uses Datamatics F&A services to automate processes, reduce TAT, ensure high quality of data, and reduce operational costs.

Enhanced Cash Management Through Process Automation for International Media Company

A leading international media company uses Datamatics oursourcing solutions to reduce costs and improve operational efficiencies, through implementation of cash optimization, workflow management and process automation.

Streamlining F&A Processes to Improve Efficiency and Turnaround for Leading Publisher

Datamatics helps international publishing and information service provider manage its end-to-end F&A processes, providing 40% reduction in costs, reduction in reconciliation cycle time and improvement in process turnaround time.

Testimonials

The Datamatics team has facilitated us to expand the scope of our project with their readiness for taking on additional tasks, flexibility and insight to adapt to changing business conditions.
- Client: One of the World's Largest Publisher