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RECORD TO REPORT (R2R) PROCESS SOLUTIONS

Transform To Perform

Datamatics helps companies transform their record to report (R2R) process cycle with Robotic Process Automation (RPA), intelligent data and workflow solutions, and advanced business analytics. The R2R process automation solution reduces transaction times considerably, especially when processing routine transactions, such as posting journal entries and documenting month-end activities. Optimize enterprise processes, such as General Ledger Accounting & Reconciliation, Inter-company Accounting, Fixed Assets Accounting, Audit, and Tax Accounting. The executive dashboards provide a comprehensive view of cost structures and processes across the organization.

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Service Offerings

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General Ledger Accounting & Reconciliation

Automate GL accounting and streamline operations to build up audit readiness.

Generate monthly and quarterly reports for review of senior management. Monitor competitive performance as well as financial liquidity and agility.

Ensure compliant, updated records for financial reporting

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Inter-company Accounting

Improve group level, intra company and inter-company accounting.

Enhance visibility, accountability, and traceability across all transactions in the ecosystem.

Ensure top-tier readiness for third-party and statutory audits with automated best practices and robust audit trails

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Fixed Assets Accounting

Ensure corporate governance and end to end reporting of every fixed asset.

Create value through process automation and optimization, enhanced and accurate reporting mechanism. Monitor yearly capital expenditure, fixed asset value, and depreciation.

Streamline operations for accounting, valuation reporting, balance sheets, financial planning, and annual reporting

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Audit Support

Efficiently gather data from payables, receivables, and ledgers for audit readiness. Create auditable trails through end-to-end automation.

Impart high levels of accountability, maintain clear profit/loss statements, balance sheets, and scorecards

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Tax Accounting

Adopt a systematic approach to optimize different aspects of operations, tax accounting, and improve bottom line.

Use data obtained from record to report processes to build strategic blueprints to improve tax accounting and reduce tax liability with regulatory standards and requirements

Advantages

$12 Billion

Worth invoices processed per year through successful implementation and delivery of enterprise wide BPM automation and digitalization efforts at scale

10 Million

Invoices processed per year with 99.9% accuracy by using point solutions as well as end-to-end automation models spanning larger geographies

1200 +

Finance & Accounting Experts both in house as well as on consultant basis to deliver precision solutions in a timely manner

30-40%

Cost reduction for F&A customers thus ensuring a secondary source of revenue generation in parallel with that from the business-as-usual activity

Featured Content

Case Study

GateGourmet

Gate Gourmet Centralizes its Accounts Payables & Accounts Receivables Process with Automation

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Blog

Drive Business Agility with Cloud-based Finance & Accounting Operations (FAO)

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Demo

Order to Cash (O2C) and Record to Report (R2R)

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Analyst Report

2023 Gartner Magic Quadrant for Finance and Accounting Business Process Outsourcing Services

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White Papers

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A Guide to Top 10 most Popular IDP and RPA Use Cases for Finance & Accounting (F&A)

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Frequently Asked Questions

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