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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.
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
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
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
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
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
Worth invoices processed per year through successful implementation and delivery of enterprise wide BPM automation and digitalization efforts at scale
Invoices processed per year with 99.9% accuracy by using point solutions as well as end-to-end automation models spanning larger geographies
Finance & Accounting Experts both in house as well as on consultant basis to deliver precision solutions in a timely manner
Cost reduction for F&A customers thus ensuring a secondary source of revenue generation in parallel with that from the business-as-usual activity
Finance & Accounting team periodically gathers the accounting data from different systems and creates a detailed report and analysis for the review of the leadership and management teams. Record to Report Automation automates the entire process right from gathering the data from different systems related to F&A and the operational data, processes, and analyses it, and brings forth the different KPI highlights to weave a visual story about the financial performance of the business enterprise.
It expedites the data collation and report generation for fulfilling internal and external compliance procedures, verifies and validates the data, highlights the anomalies for remediation, and frees up key resources to work on high value tasks.
It improves visibility, transparency, and traceability across all the F&A transactions and processes. It creates value through process optimization and automation and creates a sound base for financial planning and analysis as well as annual report updation.
Many F&A processes, such as General Ledger Accounting, Reconciliation, Inter-company Accounting, Tax Accounting, Audit, etc., can be automated under R2R Automation.
R2R Automation affects timely reconciliations at pre-defined frequency in order to capture the latest data for reporting. In this process, R2R Automation streamlines processes and builds up audit readiness.