Artec helps clients to set up and support world-class end-to-end processes in Finance and Accounting.
Procure to Pay
- Transaction processing - including paperwork processing and archiving for accounts payable and personnel expense processing.
- Financial integrity validation - including reconciliation of statutory service delivery documents, vendor statement reconciliations and payment accuracy controls.
- Help desk - vendor self help and bidding portals.
Order to Cash
- Contract management and billing - including managing contracts and sales orders, and customer requests and inquiries.
- Order processing, billing, collections and accounts receivable - including shipping content, managing and processing collections, maintaining ledger and applying payments.
- Analytics - including authorizing and managing credit and revenue assurance activities.
Record to Report
- Asset and transactional processing - including fixed assets, intercompany accounting, and cash management and banking.
- Period close and data integrity - including master data maintenance, account reconciliation and analysis, taxable item management for income tax and personal income tax purposes.
- Financial and government reporting - financial, tax, management and regulatory reporting.