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.