Record to Report

Close your financial books – in time, every time!!

Rising costs and reporting time pressures are ensuring that the Record-to-Report process is moving higher up the agenda for CFOs. In addition, financial information and management reports drive competitive advantage when they are accurate and real-time and also support executives in making business decisions. As a result, companies are now looking closely at the Record to Report cycle and the associated processes to reduce costs through automation, standardization, risk management, workflow and tighter controls.

Datamatics Record to Report Services offer innovative solutions and enable internal and external stakeholders to make informed decisions to avoid costly surprises. Our services include posting entries utilizing approval workflow, Month End Activities and help with Executive Dashboards.

 

  • Strengthening financial reputation
  • Leveraging of staff for increased strategic activities
  • Improved decision making and increased strategic planning capabilities
  • Best practices and automation tools to drive process efficiency and effectiveness
  • Better compliance, standardization and reduced closing cycle time
  • Improved efficiency of capturing, validating and reporting general ledger information
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.

 

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I have dealt with Datamatics since 2005, during which time they have provided HP with excellent service and support in the areas of data entry and data file transmissions. The Datamatics Global Services LTD (DGSL) managing HP/EDS project has performed as an extension of our team, diligently working through initial implementation, system upgrades and a total system conversion, while maintaining service level expectations at the same time.

Their work has been a major factor in our successful support of our client. They always deliver what we ask of them, responding to all of our requests immediately. Their quality is exceptional and each member of the team is versed in the complexities of our account. Their cooperation, prompt action and responsiveness does not go unnoticed. Our client is extremely pleased with the high level of service which exceeds their requirements on a consistent basis.

I can confidently recommend Datamatics and specifically the Datamatics Global Services LTD (DGSL) team managing the HP/EDS project as a solid and reliable supplier, and experts in their field.

Barbara Tharp, Claim Manager - MassHealth Customer Service