“Nexdigm provides end-to-end offerings including operations consulting, managed services, and transformation support across the F&A value chain, with a strong focus on the P2P segment. Its rich experience in serving SMB clients, especially in the US and APAC geographies, continued investments in enhancing its proprietary and third-party solutions through partnerships, and its focus on customer-centric and collaborative approach, came out as key its strengths in Everest Group’s Finance and Accounting Outsourcing (FAO) Services PEAK Matrix® Assessment 2022.”
Vignesh Kannan
Practice Director
Everest Group
Our FAO service focuses on a customer-centric approach by providing personalized services with a high degree of flexibility in its engagements
Everest PEAK Matrix® for Finance & Accounting Outsourcing (FAO) 2022 – recognizes several developments in Nexdigm’s FAO services:
- Service Scope Expansion: Integration of technology and tools such as OCR and RPA in all F&A processes to streamline operations, automate repeatable and transactional work, as well as provide support for commercial processes such as secondary sales data management and purchase order management.
- Technology Expansion: Implementation of advanced analytics. e.g., predictive modelling-based CFO dashboards and deployment of multiple BOTs across managed processes. Designing workflows for efficient management of the processes.
- Delivery Capability Expansion: 30% capacity expansion of the existing delivery centers in Pune and Gurugram. New delivery centers in Oak Brook, Illinois, and Warsaw, Poland, for global delivery support and key account management.
Streamlining the Accounts Payable processes
Reducing turnaround time with automation
Providing dashboard capabilities
Improving Accuracy
Optimizing operating costs
Supporting CFO decision – making
Nexdigm integrates all FAO services with data analytics (visualization and predictive modelling) and path-breaking technologies such as AI/ML-enabled capturing, workflow automation, rules engines, and BOTs.
- Vendor Order Booking
- Three-way Matching
- Vendor Invoice Processing
- Approvals Management
- Exception Handling
- Payment Processing
- MIS Reporting
- Customer Master Management
- Order Processing
- Billing & Dunning
- Receipts Processing
- Claims Processing
- Reconciliations & Reporting
- Fixed Asset Accounting
- Intercompany Accounting
- Journal Entries
- Requirement Analysis
- Control Account Schedules
- Period Close Procedure
To take our conversation ahead, connect with us at ThinkNext@nexdigm.com.
About Nexdigm
Nexdigm is an employee-owned, independent, global business advisory organization serving clients from more than 50 countries. Harnessing our multifunctional and digital capabilities across Business Services and Professional Services, we provide our customers, both listed and privately held firms, with integrated solutions navigating complex challenges.
Nexdigm resonates with our plunge into a new paradigm of business; it is our commitment to Think Next.
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