Financial Accounting BPO Resource

• Finance & Accounting Processes

• Accounts payable
• Accounts Receivable
• GL and fixed asset accounting
• Reporting and Regulatory Filings
• Benefits Administration
• Check/Credit Card Processing
• General Ledger
• Payroll
• Travel Expense Reimbursement
• Bookkeeping Services
• Maintaining Bank Accounts and Accounting for Bank and Cash Transactions
• Tax Accounting Services in Accordance with Requirements of Tax Legislation
• Preparing Tax Declarations for Corporate Taxes and Filing Them with Tax Authorities
• Accrual of Payroll and Relevant Taxes
• Preparing Statistical Reports and Filing Them with Statistical Bodies
• Staff accounting

· Order to Cash Processes

· Credit Management

· Order Management

· Invoicing

· Collections

· Helpdesk

· Dispute Management

· Cash Application

· Reporting and Analysis

• Procure to Pay Processes
  • Purchase Order Validation
  • Invoice Verification (2way / 3 way matching)
  • Accounts Payables
  • Employee T&E
  • Vendor Management
  • Contract Management
  • Query Resolutions
  • Payment Processing

• Compliance Reporting
  • SOX Reporting and Dash Boards
  • US GAAP Compliance
  • VAT Claims

• Internal Auditing Processes

• Financial and Payroll Processes

• Financial Field Services
• Debt Collection
• Trading & Risk Management
• Mergers & Acquisitions
• Claims Processing Services for Payers & Health Plans
• Underwriting Services for the Insurance Industry
• Policy Administration Services for the Insurance Industry

• Credit Management Processes

• Credit Processing
• Credit Reporting
• Commercial Card Services
• Consumer Card Services
• Consumer Loan Services
• Contact Center Outsourcing Services
• Content Management Services
• Converged Billing Services – Consolidate All Bill Production and Processes

• Financial Services

• Check, Remittance, Insurance Processing
• E-check Processing
• Travel Expense Reporting
• Tax Preparation Services
• Money management, treasury, cash ,book-keeping
• Corporate Treasury Management Outsourcing
• Order to cash outsourcing
  • Accounts Receivables Follow-up
    • Receivables Analysis
    • Payer Follow-up
    • Denials management
    • Reporting
• Check Processing Services uses Imaging Technology

• Healthcare Payer Administrative Services
• Interactive Billing Services
• Life & Annuity Services
• Merchant Acquirer Services for Flexible Processing, Pricing, Reporting and Fraud Monitoring Capabilities – Necessary Tools for Accepting Non-cash Payments
• Relocation Services - Assumes Complete Process Management Responsibility for an Organization’s Relocation Operations
• Revenue Cycle Management Services - Administrative Support for Revenue Cycle Management Activities to Satisfy Billing Needs
• Reverse Mortgage Services - Flexible, Scalable, Build-your-own Reverse Mortgage Services for Senior Homeowner Market
• Supply Management Services
• Surveyor Application Processing Services - Streamlines Credit-granting Process, Providing Instant Credit Decisions Based on Organization’s Specific Credit Policy

• Warranty Services provides Solutions for Reliable, Real-time Warranty Claims Administration Support.

• General Accounting (Bookkeeping, A/P, A/R)
• Bank Statement Consolidation
• Payroll and Tax returns
• Financial Analysis and Reporting (Balance Sheet Analysis)
• Non-Profit Accounting
• Check Processing

• Asset securitization
• Equity and interest rate derivatives

• Online Services Processes

• Online cash management solutions
• Online Financial Information Reporting Services
• Manuals and Guides Online
• Online Trading
• Payments
• Electronic Funds Processes
  • Automated Clearing House

• Finance Marketing Services Processes

• Advertising
• Direct marketing
• Industry research
• Customer relationship management services
• Shared Service Centre Processes

• Tax Compliance & Planning
• Financial Systems Applications Support
• Travel & Expense Processing
• Accounts Payable & Vendor Management
• Financial Reporting
• Management Report Preparation
• Treasury & Cash Management
• Financial Risk Management
• Budgeting & Forecasting

• Accounts Servicing Processes

• Account Reconciliation
• US GAAP Reporting
• Account Setup
• Credit/Debit Card services
• Check Processing
• Mortgage loan servicing
• Collections
• Customer Account Management
• Treasury Operations Management
• Education & Training
• Expense Control

• Sales & Trading Processes

• Fixed Income Sales and Trading
• Money Market Sales
• Specialized Equity Services for Executives

• Trust Services Processes

• Corporate Trust
• Institutional Trust

• Securities Industry Processes

• Custodians and Fund Administrators
• Investment Managers
• Investment Banking and Brokerage firms
• Market Data and Analytics providers

• Capital Markets Processes

• Cash Management & Deposit Services
• Insurance
• International Banking
• Import/Export & International Corporate Banking
• Correspondent Banking
• Global Payments
• Collections & Cash Letter Services
• Trade Services
• Account Information & Inquiry Services
• Asset-Backed Finance

• Convertible Securities
• Debt Private Placements
• Equity
• Equity Private Placements
• High Yield
• Investment Grade Debt
• Loan Syndications
• Mergers and Acquisitions
• Principal Investing
• Restructuring and Turnaround Financings
• Mergers and Acquisitions Advisory
• Equity
  • Public Equity Underwriting
• Debt Offerings
• Equity and Debt Research
• Initial and Secondary Equity Offerings
• Convertible Issuances
• Private Placements
• Convertible Securities
  • Convertible Sales, Trading, and Research

• Insurance
  • Life
  • Non-life
  • Intermediaries
  • Re-insurance
  • Managed Insurance Administration
  • Property and Casualty
  • Reinsurance
  • Insurance Brokerage and Alternative Distribution
  • Life and Health
  • Insurance Underwriting
  • Property and Casualty Risk
  • Customized insurance to protect your business against loss and lawsuit
  • Group Health and Employee Benefits
  • Employee benefit insurance solutions customized to your organizations needs
  • Executive Benefits
  • Integrated Insurance Solutions for Key Employees to Protect Business and Personal Interests
  • Claims Processing / Adjudication
  • New Accounts Application Processing
  • Data Entry and Data Correction
  • Customer Service
  • Coordination of Benefits
  • Outbound Member Satisfaction Survey
  • New Business Acquisition
    • Inbound/outbound Sales
    • Initial Setup
    • Case Management
    • Underwriting
    • Risk Assessment
  • Policy issuance
  • Policy Maintenance
    • Record Changes- Name, Beneficiary, Address
    • Collateral Verification
    • Surrender
    • Audits & Reinstatement
    • Accounts Receivable
    • Accounting & Reconciliation
    • Claim Overpayment
    • Customer service - voice/email
  • Claims Processing
    • Claim Set Up
    • Eligibility
    • Duplication
    • Validate Reserves
    • Medical Supplemental
    • Provider Excess Reinsurance
    • Specific Excess Reinsurance
    • Adjudication
    • Account Settlement

• Mortgage Processing Processes

• New Business Acquisition
  • Inbound/outbound Enquiries
  • Loan Form Data Entry
  • Collateral Checks
• Appraisal Title Checks
  • Credit Checks
  • Property valuation
  • Title Checks
  • Property Insurance Checks
  • Legal Clearances
• Underwriting Disbursement
  • Credit Evaluation
  • Appraisal Amount
  • Money Disbursement
  • Billing
• Servicing Collections Maintenance
  • Early and Overdue Collection Calls
  • Asset Management
  • Overdue Payments Processing
  • Accounting and Reconciliation

• Asset Management Processes

• Evergreen Investments
  • Investment Management for Corporations, Retirement Plans, Public Funds, Endowments, and Foundations
• Institutional Custody
  • Securities Processing, Settlement, and Safekeeping Programs for Corporations, Government and Financial Institutions, Offshore Corporations, and Global Organizations
• Investment Management
  • Applications to Better Manage Working Capital, Including Specialized Services like Commission Recapture and Securities Lending

• Benefits Administration & Management Processes

• Benefits Administration
  • Medical
  • Dental
• Benefit & Retirement Services
  • Executive Benefits
    • Integrated nonqualified benefit solutions for key employees to protect both business and personal interests
  • Corporate Mortgages and Relocation Services
    • Relocation mortgage loans and banking services for your executives and employees
  • Employee Banking Services
    • Direct deposit outsourcing solutions, and Wachovia at Work discounted financial services
  • Equity Services
    • Stock transfer, dividend reinvestment plans, employee stock purchase plans, stock option administration
  • Group Health and Employee Benefits
    • Employee benefit insurance solutions customized to your organizations needs
  • Retirement Plans
    • A full range of retirement plans for organizations of all sizes - corporate, government, and union
  • Employment Administration
    • Payroll
    • Taxes

• Cash Management & Deposit Services Processes

• Card Product Solutions
• Credit Card, Debit Card, and Merchant Services
• Cash and Investment Solutions
• Checking and Savings Accounts
• Fraud Risk Management Solutions
• Information and Access Solutions
• "Real-time" Account Information Solutions
• International Cash Management Solutions
• Manage Cash Flow Overseas
• Payables Solutions
• Solutions for Payments to Suppliers, Vendors, and Employees
• Receivables Solutions

• Banking Processes

• Credit Cards
• Retail Lending
• Mortgage Processing
• Retail Banking and Account Management
• Cash Management
• Trade Services
• Lease and Loan Processing
• Investment Banking
• International Banking
  • Third Party Trade Processing
  • Letter of Credit Trade Volume
  • Trade Services
  • Global Payments
  • Outsourcing Trade and Treasury
  • Collections
  • Trade
  • Cash Management
  • Financing
  • Investment
  • Foreign Exchange
  • Capital Markets Requirements
  • Third Party Trade Processing
  • Letter of Credit
  • Payment System
  • Import/Export and International Corporate Banking
    • Solutions Include Import/Export Services
    • Global Treasury Services
    • Structured Trade Finance
    • Foreign Exchange
    • London Branch/multi-currency Services
    • Credit and Capital Markets Products
    • Asset Management Services
    • Services for Foreign Headquartered Companies
  • Correspondent Banking
    • Payment, Collection, Trade, Outsourcing, Capital Management, Capital Markets, and Web-based Solutions
  • Global Government Banking
    • International Personal Banking

• Lending & Financing Processes

• Commercial Lending
  • Lines of Credit, Term Loans, and Letters of Credit
• Corporate Financing
  • Debt to Non-traditional Asset-based Lending Strategies
• Investment Banking
  • Secure Large and Complex Financing, Including Asset Securitization and Loan Syndications
• Leasing and Equipment Finance
• Real Estate Financial Services
  • Residential Mortgage Services
• Structured Product Services
  • Master, Primary, and Special Servicing for Investors in Commercial Transactions
• Loan Syndications
• Syndicated Bank Loans
• Investment Grade Debt
• Debt Research Coverage
• Investment Grade Debt
• High Yield Debt

• Consumer & Retail Processes

• Equity Underwriting
• Mergers and Acquisitions Advisor
• Treasury Services, Capital Management, Insurance, Real Estate, and Trade Finance Capabilities
• M&A Advisory
• Public Equity
• Investment Grade Debt
• Convertible Securities
• Syndicated Bank Debt
• Asset Securitization

• Business & Financial Risk Management Processes

• Financial and Operating Risk Management Tools
• Compliance Monitoring
• Exception Reporting & Escalation
• Identify Key Risks
• Stress Testing
• Back-testing
• Backup & Recovery
• Risk Monitoring
• Independent Valuation
• Model Vetting
• Legal & Compliance Services
• Policy and Guideline Development
• Due Diligence
• Reports
• Market Risk Management
• Design Integrated Derivative Solutions
• Interest Rate Risk Management
• Currency Risk Management/FX
• Equity Risk Management
• Energy Risk Management
• Operating Risk Management
• Fraud Risk Management
• Operational and Business Risk
• Services for Safekeeping Documents, Emergency Funding, Reducing Bank Letter of Credit Risk, and Auto Dealer Liability
• Payment and Performance Risk
  • Traditional and Non-traditional Insuring Payment and Contractual Performance Solutions, Including Letters of Credit, Documentary Collections, and Banker's Acceptances

• Specialty Finance Processes

• Consumer Finance
• Diversified Commercial Finance
• Leasing
• Mortgage Finance

• Finance Research & Analyses Processes

• Financial Services Research for Equity, Debt, and Asset-backed Securitizations
• Statistical Analysis

• Finance Processes - Others

· Financial Services Providers (FSPs)

· External Services Providers (ESPs)

· Property Management Outsourcing

· Travel & Expense Processing ( T&E)

· Vendor Management

· Fixed Income Investments

· Buy-side and Sell-side Mergers and Acquisitions

· Disbursement, Escrow and Investment Management Services

· Trade & Cash Management Outsourcing Services

· Currency Risk Management/FX

· Corporate & Investment Banking Services

· Investment Management & Custody Services

· Global Government Banking

· International Personal Banking

· Lending & Financing

· Online Services

· Risk Management

· Sales & Trading

· Trust Services

· Information Calls

· Account - Verification, Confirmation, Fulfillment and Maintenance

· Research, Place Investigations and Resolution of Queries

· Bill Payments

· Technical Queries

· Customer Feedback Program

· Liability Processing

· Collections

· Telesales for Home Loans

· Welcome and Insurance Calls

· Order / Replace Cards

· Reconciliations

· Fixed Assets Accounting

· Project Accounting

· GL Accounting

• Lease Rentals or Annual Royalties by the Contractor
• Auditing
• Payment of Concession Fees
• Debt Defeasance and Refinancing
• Funding of Major Capital Improvements
• Creation of New Revenue Sources
• Improvement of Billing and Collection Practices and Results