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Record to Report Services

Record to Report (R2R) Services.
Faster Closes & Better Decision-Making.

Simplify your financial close and reporting cycles with MYND’s end-to-end Record to Report (R2R) Managed Services. Powered by deep finance expertise, intelligent automation, and advanced technology, we enable faster closing, accurate reporting, and better compliance. You get access to strategic, real-time insights, facilitating informed financial management and decision-making.

Scalable Services
Manage multi-entity, multi-geography financial operations consistently and confidently.

Deep Financial Expertise
Draw on 20+ years of knowledge in local and international accounting standards, tax regulations, and best practices.

Compliance Assurance
Stay ahead of evolving laws (IND AS, GST, VAT) through robust processes and continuous oversight.

Struggling with delays and errors in your financial close process?

Service Offering

Covering You Every Step of The Way Comprehensive, Streamlined Record to Report Management Payroll

With a proven track record across industries, we configure solutions to cover every phase of your critical financial operations — transaction recording, reconciliations, month-end close, compliance, and final reporting.

PROCESS WORKFLOW

The Complete Offering

An R2R Solution Tailored to Your Needs

Every industry has unique financial processes. Whether you’re grappling with high transaction volumes, managing multiple plants, running outlets nationwide, or coordinating operations across borders—MYND adapts R2R to your context for seamless operations.

Turning complexity into clarity, enabling confident financial decision-making

Benefits

Accelerated Closing. Accurate Reporting. Strategic Insights.

Benefits

01

Improved FP&A (Financial Planning & Analysis)

02

Better risk management and compliance readiness

03

Cost efficiencies through automation

04

Strategic insights from accurate financial reporting

Benefits

01

Faster and more accurate financial close

02

Reduced manual effort and errors

03

Streamlined reconciliations and compliance

04

Real-time access to financial data

Benefits

01

Reliable financial statements for strategic planning

02

Stronger investor confidence through transparent reporting

03

Alignment between financial performance and business goals

04

Improved treasury management

Don’t Just Take Our Word for It

Enhancing Hospital Service Reconciliation Efficiency

  • Industry: Healthcare
  • Service: Claims Management & Reconciliation
  • Challenge: A healthcare provider network experienced 35% delayed submissions and inconsistent reconciliation of patient services.
  • Solution: MYND deployed timely billing processes, quality audit frameworks, and automated cash application systems.
  • Outcome: 90% on-time submissions, 65% faster account reconciliation, and 28% improvement in overall collection rates.

Streamlining Tender Reconciliation for QSR Chains

  • Industry: Quick Service Restaurants
  • Service: Cash Management & Reconciliation
  • Challenge: A national QSR chain struggled with cash variances across 200+ locations and delayed deposits, creating security risks.
  • Solution: MYND implemented a centralized reconciliation system tracking cash, card, and digital payments with automated deposit scheduling.
  • Outcome: 95% reduction in reconciliation errors, 40% faster bank deposits, and eliminated cash shrinkage across all locations.

Optimizing Rental Equipment Collections for IT Services

  • Industry: IT/ITES
  • Service: Revenue Cycle Management
  • Challenge: A technology rental company faced 45+ day payment cycles and 30% billing query rates, affecting cash flow.
  • Solution: MYND established quality audit protocols, scheduled follow-ups, and multi-channel collection touchpoints.
  • Outcome: Reduced DSO from 45 to 30 days, decreased billing queries by 75%, and improved working capital by $2.8M annually.

R2R Pains Can Become Gains!

The MYND Advantage

Unmatched Expertise. Versatile Experience. Proven Excellence.

MYND has transformed financial operations for a wide range of clients across industries. Our approach isn’t just about outsourcing – we act as strategic partners to create a scalable and agile financial ecosystem for your organization. We draw on our extensive process knowledge to deliver answers that precisely address each customer’s R2R context.

Getting Started

It’s Easy to Get Results with Us Five Steps to Implementation Success

Ready to Start?

01

We’re just a call away

Tell us your challenges, your expectations and we will create a customized solution for you. proprietary technologies and a modular approach enable us to roll it out quickly.

02

Integration Made Seamless

APIs enable us to sync up seamlessly with your existing system. Our solutions allow business rules & policy configuration as per your needs.

03

Switching Simplified

We provide a robust data migration plan, emphasizing data integrity, accuracy, and minimal disruption to operations during the transition.

04

Transitions are Smooth

Tailored training programs are offered for different user groups, ensuring everyone feels confident and comfortable interacting with our platforms and services. A phased implementation approach minimizes disruption and allows for gradual adoption.

05

Iteration is a Part of the Process

Never stop growing. As a strategic partner, we are continuously finding areas of opportunities and proactively managing risk. We have built in provisions for audits and adjustments, allowing for iterations and improvements.

Resources

R2R Resources: Case Studies, Guides & Insights

FAQs

Your Questions Answered

Over two decades of experience, cross-trained professionals, and a track record of successful multi-entity R2R engagements.
We maintain strict internal controls, follow robust SOPs, and limit data access to authorized personnel. Periodic audits uphold confidentiality.
Our approach includes role-based training sessions, documentation, and hands-on support to ensure your teams adapt comfortably.
We provide 24/7 support for critical issues, a dedicated account manager, and regular reporting on SLAs and KPIs.
Through a detailed assessment of current processes, gap analysis, a robust migration plan, and close collaboration with your finance teams.
After an initial consultation, we define project scope, align on SLAs, and allocate specialized teams. Then, we transition your processes in a phased manner, ensuring a smooth kickoff.

Dip Your Toes into the Mynd Multiverse

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Let’s Get Started

Want to know how we can create an impact for your business?

Set-Up a Meeting with our Expert Consultants


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.