MYND Group Logo
Contact us

From Manual to Digital: Automating Multi-Country Finance Operations for Global Manufacturer

How MYND's Shared Service Center Solution Streamlined 12,000+ Monthly Transactions Across Multiple Countries

Success Story Overview

When operational pressures mounted and manual processes became bottlenecks, a leading global compressor manufacturer partnered with MYND to revolutionize their finance operations.

This comprehensive case study chronicles the strategic transformation of AP & AR processes across multiple countries, showcasing how intelligent automation and centralized excellence delivered measurable business impact. Explore the complete journey from challenge identification to sustainable success.

Key Metrics

Here’s how MYND stepped in and turned their AP process into a benchmark of efficiency and compliance.

Cost Savings at TCO Level
2 %
AP & AR Transactions Monthly
99 +
Running Partnership
1 Years
Transition & Go-Live
1 Weeks

The Challenge: Industry Under Pressure

Manufacturing faced rising cost pressures, handling 12,000+ monthly transactions across countries to rethink their operational strategies and seek immediate efficiency improvements.

Fragmented Regional Operations

Multiple regional teams handling AP/AR independently created process inconsistencies and operational blind spots

Manual Transaction Processing

Paper-based invoice handling and approval workflows consumed excessive time and resources across all locations

Unpredictable Workload Management

Transaction volumes fluctuated significantly, making resource planning challenging and cost management ineffective

Legacy System Dependencies

Outdated technology infrastructure limited automation capabilities and real-time visibility across operations.

Compliance Complexity

Multi-country operations required adherence to diverse regulatory requirements without centralized oversight mechanisms.

Accelerated Implementation Pressure

Business urgency demanded complete transformation within a challenging 10-week timeline without operational disruption

Our Strategic Solution: Centralized Excellence

MYND designed a comprehensive Shared Service Center solution leveraging consolidation and advanced BPM technology to transform their operations

Centralized Shared Service Center

• Consolidated multi-country operations under one roof

• Standardized processes across all regions

Screenshot 2025-05-01 at 1.47.42 PM

Automation with MYNDAPX

• Introduced intelligent workflow automation

• Eliminated manual touchpoints

bg3

Variable Cost Model

• Flexible scaling capabilities

• Pay-as-you-grow approach

accounting outsourcing India

Multi-Language Support

• Deployed language experts: Hindi, English, Spanish

• Seamless global communication

bg1

Process Reengineering

• Streamlined workflows

• Eliminated non-value-added activities

home3

Want to Discuss Your Accounts Payable Needs?

AUTOMATE ACCOUNTS PAYABLES

MYND's Solution: Building Tomorrow's Infrastructure Today

The way we manage HR has transformed dramatically over two decades. Understanding this evolution helps identify where your organization stands today.

  • Phase 1

    2012 | India Rollout

    Foundation

    • 10-week rapid deployment across PAN India
    • Centralized team setup with structured training
    • Standardized core processes to enable scale

  • Phase 2

    2017 | European Expansion

    Expansion

    • Extended operations to multiple European countries
    • Introduced multi-currency and taxation compliance
    • Built multilingual support framework for local adaptation

  • Ongoing Excellence



    Stability

    • Continuous process optimization for efficiency gains
    • Over 7+ years of reliable, uninterrupted service delivery
    • Strengthened governance and compliance monitoring

  • Phase 1

    2012 | India Rollout

    Foundation

    -• 10-week rapid deployment across PAN India
    • Centralized team setup with structured training
    • Standardized core processes to enable scale

  • Phase 2

    2017 | European Expansion

    Expansion

    • Extended operations to multiple European countries
    • Introduced multi-currency and taxation compliance
    • Built multilingual support framework for local adaptation

  • Ongoing Excellence

    Stability

    Integrated Business Support

    • Continuous process optimization for efficiency gains
    • Over 7+ years of reliable, uninterrupted service delivery
    • Strengthened governance and compliance monitoring

Transformational Results Delivered

The partnership delivered exceptional value through measurable improvements across all key performance indicators

Operational Excellence

Process Standardization

• Uniform procedures across all regions
• Consistent quality delivery

Enhanced Visibility & Control

• Automated MIS system implementation
• Real-time reporting and analytics

Faster Processing Times

• E-library implementation
• Online approval workflows

Financial & Cost Optimization

30% Total Cost Reduction

• Achieved through centralization and automation
• Converted fixed costs to variable model

Reduced Regional Workforce

• Eliminated Regional Account Officers
• Reduced ERP license costs

Talk to an Accounts Payable specialist

Explore What This Could Look Like for You

Grow Globally, Operate Confidently

Let’s Talk →

How can we help you today?

Please select an enquiry type
Please describe your enquiry (10-500 characters)

Thank you for sharing your enquiry.

Before we send your message to our team, please tell us a bit about yourself.

Please enter your name (4-40 characters)
Please enter your company name

One last thing, what is your preferred way for us to contact you?

Please enter valid mobile number
Please enter valid email
Please select preferred contact method

F&A Solutions

HR Solutions

Staffing

International

Finance Automation

HR Automation

ABOUT MYND

MYND Group Alternate Logo
  • MYND Integrated Solutions Pvt. Ltd.
  • Reach Comercia Corporate Tower, 3rd Floor, Sector-68, Sohna Road, Gurugram, Haryana – 122101

© 2025 MYND Integrated Solutions Pvt. Ltd. | All Rights Reserved.

Contact US

Saurav Wadhwa

Co-founder & CEO

Saurav Wadhwa is the Co-founder and CEO of MYND Integrated Solutions. Saurav spearheads the company’s strategic vision—identifying new market opportunities, unfolding product and service catalogues, and driving business expansion across multiple geographies and functions. Saurav brings expertise in business process enablement and is a seasoned expert with over two decades of experience establishing and scaling Shared Services, Process Transformation, and Automation.

Saurav’s leadership and strategy expertise are backed by extensive hands-on involvement in Finance and HR Automation, People and Business Management and Client Relationship Management. Over his career, he has played a pivotal role in accelerating the growth of more than 800 businesses across diverse industries, leveraging innovative automation solutions to streamline operations and reduce costs.

Before becoming CEO, Saurav spent nearly a decade at MYND focusing on finance and accounting outsourcing. His background includes proficiency in major ERP systems like SAP, Oracle, and Great Plains, and he has a proven track record of optimizing global finance operations for domestic and multinational corporations.

Under Saurav’s leadership, MYND Integrated Solutions maintains a forward-thinking culture—prioritizing continuous learning, fostering ethical practices, and embracing next-generation technologies such as RPA and AI-driven analytics. He is committed to strategic partnerships, long-term business development, and stakeholder transparency, ensuring that MYND remains at the forefront of the BPM industry.

A firm believer that “Leadership and Learning are indispensable to each other,” Saurav consistently seeks new ways to evolve MYND’s capabilities and empower clients with best-in-class business process solutions.

Vivek Misra

Founder & Group MD

Vivek is the founder of MYND Integrated Solutions. He is a successful entrepreneur with a strong background in Accounts and Finance. An alumnus of Modern School and Delhi University, Vivek has also undertaken prestigious courses on accountancy with Becker and Business 360 management course with Columbia Business School, US.

Vivek is currently the Founder & Group MD of MYND Integrated Solutions. With over 22 years of experience setting up shared service centres and serving leading companies in the Manufacturing, Services, Retail and Telecom industries, his strong industry focus and client relationships have quickly enabled MYND to build credibility with 500+ clients. MYND has developed a niche in Shared services in India’s Finance and Accounting (FAO) and Human Resources (HR). MYND has also taken Solutions and services to the international space, offering multi-country services on a single platform under his leadership. Vivek has been instrumental in fostering mutually beneficial partnerships with global service providers, immensely benefiting MYND.

Mynd also forayed into a niche Fintech space with the setup of the M1xchange under the auspices of the RBI licence granted to only 3 companies across India. The exchange is changing the traditional field of bill discounting by bringing the entire process online along with the participation of banks through online auctioning.

Sundeep Mohindru

Founder Director

Sundeep initiated Mynd with a small team of just five people in 2002 and has been instrumental in steering it to evolve into a knowledge management company. He has brought about substantial improvements in growth, profitability, and performance, which has helped Mynd achieve remarkable customer, employee and stakeholder satisfaction. He has been involved in creating specialized service delivery models suitable for diverse client needs and has always created a new benchmark for Mynd and its team. Under his leadership, Mynd has developed niche products and implemented them on an all India scale for superior services. Mynd has been servicing a large number of multinational companies in India through its on-shore and off-shore model.

TReDS (Trade Receivable Discounting System) has been nurtured from a concept stage by Sundeep and the Mynd team. M1xchange, Mynd Online National Exchange for Receivables was successfully launched on April 7th, 2017. While spearheading the project, Sundeep and his team have built up the TReDS platform to meet RBI guidelines and enhance the transparency for all stakeholders. This platform and related service has the capability of transforming the way the receivable finance and other supply chain finance solutions are operating currently.

Sundeep is currently focused on providing strategic direction to the company and is working towards achieving high growth for Mynd, which will help in creating the products as per customer needs and increase its top line while maintaining the bottom line. He directly involves, develops, nurtures and manages all key client relationships of Mynd. He has also successfully acquired numerous preferred partners to support Mynd’s technology-based endeavors and scale up its business.

Sundeep has been the on the Board of Directors for many renowned companies. He has played a key role in planning the entry strategy and has set up subsidiaries for many multinational companies in India. In his leadership, Mynd has seen consistent growth at the rate of 20+ % CAGR from the year 2009 onwards. This was primarily because of investing into technology and bringing platform based offering in Accounting and HR domain for the customers.