Finance, Accounting and Procurement Solutions

Gain financial control, optimize processes and drive savings

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Delivering for our clients at scale

100M
transactions processed annually
$446B
in payables under management
$800M
of erroneous spend prevented or recovered

Increase margins with insightful data, streamlined processes and enhanced efficiency

Traditional cost-cutting often falls short in relieving expense pressures and the need for digital transformation. Our solutions enhance efficiency through intelligent automation, streamlined processes and actionable analytics. By automating finance tasks, we reduce labor costs, increase data accuracy and provide impactful insights for smarter decision-making — keeping your financial operations resilient and profitable against rapid change.

*Source: APCQ

  • Optimize performance

    Drive efficiency and reduce costs with intelligent solutions tailored to your business needs.

  • Improve accuracy

    Unlock insights with automated, data-driven processes that support informed decision-making.

  • Boost resilience

    Stay flexible in dynamic markets with expert support and continuous operational optimization.

“The Conduent team has been great to work with. They understand our objectives, our business and most importantly (they) are a reliable partner.”

-Treasurer, Fortune 500 company

Streamline operations, improve visibility, maximize savings

We empower organizations by automating manual and fragmented financial operations, reducing costs by up to 30% and increasing efficiency as much as 35%. Through advanced algorithms and a focus on optimizing working capital, clients maximize AP discounts, accelerate AR payments and achieve long-term financial control.

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Why Conduent?

With a powerful mix of AI and machine learning, streamlined process capabilities and specialized expertise, we support billions of global transactions a year across automotive, manufacturing and high-tech sectors.

Finance, Accounting and Procurement Solutions: Commonly asked questions

What specific finance and accounting functions can be outsourced?
Conduent’s Finance, Accounting and Procurement services cover a wide range of functions, from transactional processes to strategic financial support. Core outsourced activities typically include accounts payable (AP), accounts receivable (AR), general ledger accounting, expense management, payroll processing and financial reporting. More advanced solutions can extend to budgeting and forecasting, financial planning and analysis (FP&A), tax preparation, compliance support and financial auditing. By outsourcing these functions, organizations can increase efficiency, reduce costs and free up internal resources to focus on growth and strategy.

What is the typical timeline for transitioning finance, accounting or procurement processes to a BPO provider?
The transition timeline generally depends on the complexity and scope of the services being outsourced. For basic transactional processes like accounts payable or payroll, transitions may take 1-3 months, focusing on onboarding and system integration. For more complex functions, such as financial reporting, forecasting or multi-departmental procurement, it may extend to 6-12 months. Conduent typically follows a phased approach — covering assessment, planning, implementation, testing and optimization — to ensure a seamless transition with minimal disruption to ongoing operations.

How does Conduent ensure data security and compliance with regulations?
Conduent providers prioritize data security and compliance through robust measures like data encryption, multi-factor authentication and secure access controls. We adhere to regulatory standards such as GDPR, HIPAA and SOX, depending on industry needs, to ensure all sensitive financial information is protected. We also undergo regular audits and certifications, such as ISO 27001, to maintain high standards of security. Additionally, Conduent establishes strict internal protocols and employee training programs to minimize risks, safeguarding client data and ensuring full compliance with all relevant regulations.

What are the advantages of using a mix of people, process and technology?
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.

What do accounting and financial control services entail?
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.

What are the benefits of outsourcing finance and accounting services?
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.