Finance & Accounting, Revenue Assurance, Order to Cash and Accounts Payable Outsourcing Services

Finance & Accounting

From a small size subsidiary to a multi-billion USD turnover conglomerate – EBEX team has vast experience in handling End to end F & A bouquet. The range of service offerings starts as early as from creating masters in the ERP and extends upto preparation of the P&L/ Balance Sheet.

We understand that F & A prevails in all transactions of a business. For effective control and management, we have processes directly controlled by the respective SMEs. SAP Services being an integrated & extensive area in itself, is being managed as an independent function.


EBEX – Offerings & Solutions

Accounts Payable Shared Services

Accounts Payable

The cycle, starting from a user putting his requirement on a web based workflow portal, runs through a complete and efficient DMS (Document Management System) for digitization & archival of records ensuring centralization of case initiation and elimination of the physical movement of papers at subsequent stages. With adequate check and controls at all stages of the process, the cycle completes after GRN (Service Entry), invoice posting as well as vendor payments. System triggers a communication to all relevant stakeholders at different stages to ensure a greater control and track.

Periodic reports are made available for internal as well as customer’s consumption. The coverage of the reports includes volumes, TAT, SLA adherence on the external side and Productivity, timeliness and efficiency on the internal side. Being aware of the various Audit requirement and statutory compliances, we ensure that Segregation of Duties (SOD) is effective in each of the stages.

Order to Cash Management Services

Order to Cash (O 2 C)

A typical Order to Cash process flow starts from receiving quote and ends at cash application. With system inbuilt checks and controls adhering to the policies and procedures, EBEX team offers efficiency for receivables management with a varied experience in this sphere handling entities in B2B as well as B2C sectors.

The Order to Cash cycle is the financial life blood of any organization. A best in class Order to Cash cycle is required to achieve operational efficiency and stakeholder value enhancement. EBEX team “Act as Change Agents” and provides services for complete Order to Cash (O2C) process that ensures “Zero Revenue Leakage” , Maximize Cash Flow, Improved DSO and Minimize Risk.

Order to Cash Shared Services
Record to Report Shared Services

Record to Report (R 2 R)

Managing and recording the entire books of accounts after the primary entries of Sales, purchase, receipt and payments at their respective stages comes under the prerogative of the R2R team. The EBEX team consists mainly of qualified Chartered Accountants having 3600 experience in handling every aspect of finance & accounting be it day to day accounting or balance Sheet finalizations, ensuring seamless and accurate processing of each transaction. R2R team efficiently manages book closure adhering to accounting standards under different regulations, governance and compliances, treasury operations and MIS & Audit reporting. These include reconciliations (bank reconciliations, vendor reconciliations & customer reconciliations), managing asset life cycles, provisioning of expenses & liabilities and managing employee benefits in an organization.

Revenue Assurance Analyst

Revenue Assurance

Keeping a close tab on cross entity customers with respect to outstanding as well as to critically review any new process launch- the RA team plays a pivotal role in ensuring compliances against internal policies as well as external laws and statutory requirements. EBEX team ensures to plug in any possible leakages in the whole eco system by closely monitoring the existing policies, schemes, structure of packages as well as new announcements involving revenue generation processes. It is another way of impacting the P&L by monitoring the leakage and keeping the system clean of errors. RA team at EBEX, plays a pivotal role in ensuring compliances against internal policies as well as external laws and statutory requirements.


EBEX Advantage

Greater Value at EBEX

Greater Value
to the organization enabled by standardization and centralization

Best Practices for F&A Processes

Best Practices
from across the world shared on a common platform

Technology Enabled Process Re-engineering

Technology Enabled
via intelligent and pre-configured workflows

Improved Processes

Improved Processes
with implementation of automation wherever required reducing the manual interference


Testimonial

Testimonials by Ms Aparna Morajkar - Vertical Head Credit Control, ZEEL

Ms Aparna Morajkar (Vertical Head Credit Control -  ZEEL)

Essel BUSINESS EXCELLENCE SERVICES as the name goes.., this shared service division has truly shaped up over a period of time and is helping us enhance the processes to the desired level.  Standardization of systems is an appropriate long term objective for this unit!  There is an excellent team at EBEX who not only excels in giving maintenance support but also helps understand the development needs and caters accordingly. Good Luck to team to make this unit climb up the ladder in the shared service fraternity!!

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Case Study

Case Study on Automation of Material and Service Code Creation

Automation of Material / Service Code Creation

This Case Study illustrates how EBEX used its process re-engineering capability to automate existing processes making them in-line with business interests and resulting in enhancing productivity and efficiency.

Identified with 3 clients together of which one is world’s largest company from entertainment and media industry, one is Asia's largest Direct to Home provider whose innovative offerings and revolutionary...

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