Finance & Accounts Outsourcing

Do Consider These 6 Points before You Select an F&A Service Partner

Gone are the days when Finance function used to be a department of ledgers and a CFO’s responsibility was to just prepare and present financial statements.  The ever-changing business environment warrants that a CFO keeps his/her focus on transforming the finance function into a strategic one. You can choose to go about it in two

Case Study

Processing Over 30,000 AP Transactions Per Month for One of The Largest IT Services Solutions Companies in APAC

The Client The project was for a premier distribution and Information Technology (IT) services & Solutions Company. The company’s principal activities included Cellular Phones and Computers/Microprocessor- based systems. It’s segments include Hardware Products & Solutions, and Distribution. Before the implementation of PEARL, the client had distributed resources and infra operations spread across 26 regional offices

Case Study

A Leading Multi-Brand Restaurant Company Improved Food Aggregator Reconciliation Across 200 Stores With Mynd

The Client Our client is a leading multi-brand restaurant company with ~200 stores across PAN-India. It is one of the major players in operating and managing food courts at various airports in India. Out of the total sales, food aggregators played a major role for the client. But, with the increase in food aggregators, handling

Case Study

A Leading US-Based Multi-National Quick Service Restaurant Brand Achieved Timely & Accurate Sales Reconciliation With Mynd

Client Situation Our client is one of the leading US-based multi-national quick service food brands which operates in more than 140 countries with ~48,000 restaurants worldwide. The brand operates through both equity and franchisee models. The client was facing issues with sales reconciliation from stores across PAN-India. The bank statements and MPR/CMS reports had huge

Case Study

A Leading Multinational Quick Service Food Brand Achieved Complete Visibility & Control Over Petty Cash Management With Mynd

Client Situation Our client is a leading US-based multinational quick service food brand, operating in more than 100 countries with ~20,000 stores worldwide. The company was facing issues in floating cash across all stores in order to meet store level petty expenses. As a policy, the store team was not supposed to use the sales

Case Study

A Leading Multi-Brand Restaurant Company Achieved 30% Cost Savings With Mynd

Client Situation Our client is a leading multi-brand restaurant company with ~200 stores across PAN-India. It is one of the major players in operating and managing food courts at various airports in India. The client was facing the issue of delayed vendor payments, leading to disputes and disruption in supplies. This was compelling it to

Case Study

A Finnish Multinational Telecom Company Simplified Its Payroll & Compliance Across 7 Countries With Mynd

The Client Our client is a public listed, leading telecommunications company present in over 100 countries with a vision of shaping technology. While the payroll operations are streamlined across the world, the client was challenged at various levels in dealing with compliance in Africa, and managing different channels with multiple vendors. Mynd was a timely

Human Resource Outsourcing

How To Identify and Overcome Challenges of Payroll Processing

There are two aspects that a business keeps in mind while coming into conception, paying right and earning right. Both of them are linked to each other and it is important to maintain balance your business health. However, most of the companies have their focus bent towards earning and do everything possible in their right

Case Study

Concept Note on Shared Services

What is Shared Services In most widespread organizations, transaction processing and other support services are carried out from a number of different locations, each of which performs the work in its own way. This trend gets magnified when companies grow through acquisitions. There are clear tangible & intangible benefits to taking out the lower value

Finance & Accounts Outsourcing

Finance transformation in the competitive business environment

The finance functions in Indian companies are facing increasing demands as a result of the dynamically growing business environments, rapid technological changes, increased linkages with overseas environments  and enhanced standards of reporting, etc. In this evolving business scenario, the chief finance officers or CFOs are seen putting a lot of thought into transforming the finance