On behalf of businesses and governments, we help transform finance, accounting and procurement processes by automating and streamlining mission-critical operations powered by the latest AI, ML and blockchain technologies to reduce costs, drive efficiencies, improve quality, while creating a more personalized end-user experience.
Our comprehensive finance and accounting business process outsourcing (BPO) helps our clients resolve numerous pain points across their financial operations. For example, many transactions still rely on intensive manual labor, wasting time and resources that could be applied more effectively. The volume and density of data that professionals need to process on a daily basis is outstripping their ability to manage with accuracy. As a result, many organizations risk noncompliance and have difficulty meeting their closing and reporting deadlines.
With our finance and accounting outsourcing capabilities, however, we have the solutions to streamline and optimize these and many other functions. Our finance and accounting services have helped our clients experience a 90% improvement in invoice processing turnaround. At Conduent, we process 89 million invoices each year for our client base, and end users have reported a 63% improvement in intercompany reconciliation with our help.