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