Finance, Accounting and Procurement Solutions

Outsourcing accounting and procurement processes to a skilled solutions partner can be a game changer. Our comprehensive finance, accounting and procurement solutions help boost efficiency, accuracy and savings across operations. Conduent processes $235B worth of total payables each year, 16+ million billing transactions and have $149B in client receivables under management.

Accounting and financial control refers to the process of monitoring and managing financial activities within an organization to ensure accuracy, compliance with regulations and sound decision-making. It involves the implementation of policies, procedures and practices that help maintain the financial integrity of the organization. For example, our Vendor Payments Solution helps consolidate various vendor payment methods into a single portal, where payments can be automated and sent instantly with a trackable record.

Companies choose to outsource finance and accounting for several reasons. Some of the key reasons include cost savings, access to specialized expertise, increased efficiency and accuracy, scalability and improved data security. By outsourcing these functions, organizations can reduce costs associated with hiring and training in-house staff, gain access to professionals with deep knowledge and experience in finance and accounting, streamline processes and ensure data confidentiality and protection.