Platform Solutions

Finance and Accounting (F&A) Platform

Streamline your finance and accounting management processes across businesses and locations with TCS’ Finance and Accounting (F&A) Platform Solution.

The Platform

TCS F&A Platform gives you a consolidated view of financial transactional data, with faster financial closure, reduced reconciliation effort, and an improved receivables position. This global solution for enterprise F&A functions encompasses processes across Purchasing, Account Payables, Account Receivables, General Accounting, Asset Accounting, Collections, Cash, and Employee Expense Management.

Our F&A Platform conforms to global statutory norms such as IFRS and GAAP. It includes differentiating functionality such as; efficient workflow, robust document management, control account reconciliation toolkit, financial analytics including closing and KPI dashboards, integration frameworks, and self-service portal. The F&A Platform is powered by state-of-the-art ERP application and is hosted on reliable, scalable, and secure infrastructure. We offer this in a Business Process as a Service (SaaS + Business Process Services) model.

Our Solution

TCS F&A Platform provides you with comprehensive, compliant and efficient financial business solution, based on globally-accepted and optimized processes. The platform provides you end to end financial processes and includes the following processes:

 

Benefits

  • A single source of truth for your financial data, with improved and consistent reporting
  • Reduced reconciliation effort and improved receivables position
  • Accelerated on-boarding by leveraging our pre-built content, pre-configured processes and pre-installed technology
  • Adherence to global and standard processes and accelerated response to legal changes
  • Greater visibility of and control over operations through dashboards and analytical support

TCS Advantage

  • A global & scalable solution
  • Improved efficiency in business operations
  • Substantial reduction in TCO & pay-per-use pricing model   

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