Record to Report

Digital enablement of powerful transactions from a financial,operational, and strategic standpoint.
Learn how a Danish business conglomerate with the help of hyperautomation leveraged digital applications for finance shared service processes such as :​

  • Open item clearance​
  • Write-off and Write back​
  • Refund and credit process​
  • Unbilled sales order

Record to ​Report

Digital enablement of powerful transactions from a financial, operational, and strategic standpoint.

Learn how a Danish business conglomerate with the help of hyperautomation leveraged digital applications for finance shared service processes such as :​
• Open item clearance​
• Write-off and Write back​
• Refund and credit process​
• Unbilled sales order

Business Outcomes ​

USD 2.3

Billion valued open line items
100%

Elimination of manual processes

360°

View of end-to-end process

Business Outcomes ​

USD 2.3

Billion valued open line items

100%

Elimination of manual processes

360°

View of end-to-end process

The key to being an intelligent enterprise lies in adopting instinctive and intuitive applications

In the ever-changing landscape, next-generation businesses need embedded technologies to deal with macro and micro trends. Provide that distinctive and real-time insight to your financial teams for a holistic perspective of performance and opportunities
Associate
Design a hyperconnected ecosystem of internal and external stakeholders to consolidate expertise and enhance performance.​
Anticipate
Develop agile centers of excellence with timely, predictive insight through advanced data analytics that combines design thinking with deep finance expertise​
Adapt
Drive teams and workforce towards a robust digital economy by integrating man and machine for faster and error-free financial processes​

The key to being an intelligent enterprise lies in adopting instinctive and intuitive applications

In the ever-changing landscape, next-generation businesses need embedded technologies to deal with macro and micro trends. Provide that distinctive and real-time insight to your financial teams for a holistic perspective of performance and opportunities
Associate
Design a hyperconnected ecosystem of internal and external stakeholders to consolidate expertise and enhance performance.​
Anticipate
Develop agile centers of excellence with timely, predictive insight through advanced data analytics that combines design thinking with deep finance expertise​
Adapt
Drive teams and workforce towards a robust digital economy by integrating man and machine for faster and error-free financial processes​

Guided automation efforts and incubated intelligent automation drives value through financial reporting processes

Our hyperautomation solutions help reimagine, transform and build a robust record-to-report process through digital enablement of business processes.​

Outcomes you can count on ​

On-time reconciliation with the help of smarter processes and analytics

Streamline cumbersome regulatory reporting process to focus on strategic tasks

Automation of management report generation saves time and increases transparency

Reimagining the financial closure process to increase productivity

Guided automation efforts and incubated intelligent automation drives value through financial reporting processes

Our hyperautomation solutions help reimagine, transform and build a robust record-to-report process through digital enablement of business processes.​

Outcomes you can count on ​

On-time reconciliation with the help of smarter processes and analytics

Streamline cumbersome regulatory reporting process to focus on strategic tasks

Automation of management report generation saves time and increases transparency

Reimagining the financial closure process to increase productivity

Maintaining financial reporting integrity while embracing intelligent and interactive technologies
Designing processes by embedding internal controls within the system to enable businesses to achieve world-class standards through higher technology adoption​

Maintaining financial reporting integrity while embracing intelligent and interactive technologies

Designing processes by embedding internal controls within the system to enable businesses to achieve world-class standards through higher technology adoption​

Learn about the transformative benefits that Record to Report delivers to your business. ​

Learn about the transformative benefits that Record to Report delivers to your business. ​

Cherrywork® Digital Applications for
Source to Pay Processes
Pre-packaged solutions to design a framework for faster and error-free financial processes​

Apply advanced analytics and computing to identify and deliver innovation to financial reporting processes​

Deliver large-scale consumer customization by structuring unstructured data and amplifying end-user experience​
Transforming systems from report builders to insight generators through interactive dashboards, pattern detection capabilities, drill-down features, in-memory processing, and more​
Cherrywork® Digital Applications for Source to Pay Processes
Pre-packaged solutions to design a framework for faster and error-free financial processes​
Apply advanced analytics and computing to identify and deliver innovation to financial reporting processes​
Deliver large-scale consumer customization by structuring unstructured data and amplifying end-user experience​
Transforming systems from report builders to insight generators through interactive dashboards, pattern detection capabilities, drill-down features, in-memory processing, and more​
Source to Pay – Hyperconnected Ecosystem

Leverage intelligent industry 4.0 technologies and design an ecosystem around digital supply chain and smart factories​

Accounting & Financial Controls

Enterprise Risk & Compliance
.

Financial Planning & Analysis
.

Account Receivables Management

Treasury Management
.

Advanced Compliance Reporting
Be updated with statutory reporting requirements and mandates across multiple geographies with deep domain insights

Financial Governance
Ensure meticulous financial governance and regulatory compliance through audit planning, data gathering, risk identification, and query resolution

Legal Contract Management
Efficient documentation through automation

Tax Management
Enhance organizations’ capabilities in strategic tax planning and filing and increase credibility in the eyes of regulatory authorities

Business Integrity Screening
Create accurate financial statements with efficiency and speed, thereby enhancing the integrity of financial records

Controls & Compliance Management
Ensures on-time payments processing, tax accounting, return filing support, local compliance, and reporting requirements

Enterprise Risk Management
Leverage our consolidation, standardization, and automation toolkit to transform financial planning and accounting

Policy Lifecycle Management
Centralized process for creating and managing policies, standards, and internal control procedures that are cross-mapped to external regulations and best practices

Collaborative Enterprise Planning
Enterprise-wide applications that provide structured workflows for the identification, assessment, and continuous monitoring of control activities

Service Cost Controlling
General ledger accounting solutions allow businesses to improve efficiency, bring down operational costs, and shift focus to key business activities

Management Reporting
Provides strategic, financial, and operational feedback on the performance of the organization to inform management and other stakeholders

Profitability Modelling & Optimization
Aids in financial planning & analysis to accurately interpret financial data and analyze business performance to propel business growth

Contract Accounting
Strong internal control procedures to manage accounts receivable, improve cash flow, ensure reliability, and combat the risk of fraud, error, and loss of assets

Credit Evaluation & Management
Integrated systems help carry out random checks to identify any unusual patterns, review balances, and flag large and overdue accounts

Dispute Resolution and Settlement
Analysis of validity of the dispute, status updation in ERP, online collection, refunds, or write-offs

Electronic Billing & Payment
Automated tools to standardize invoice creation, maintain and report receivable accounts, and collection and recording of invoice payments

Cash & Liquidity Management
Solutions to support businesses in cash forecasting, working capital management, and in-house banking

Debt & Investment Management
Aids in performing strategic and sensitive analysis of credit, liquidity, and market risks

Payment Bank Communication
Built on the foundation of proactive planning, straight-through processing, and efficient communication

Treasury Governance
Next-generation approach with a focus on integrated data, systematic controls, and automated processing

Source to Pay – Hyperconnected Ecosystem
Leverage intelligent industry 4.0 technologies and design an ecosystem around digital supply chain and smart factories​

Accounting & Financial Controls


Advanced Compliance Reporting

Be updated with statutory reporting requirements and mandates across multiple geographies with deep domain insights

Financial Governance
Ensure meticulous financial governance and regulatory compliance through audit planning, data gathering, risk identification, and query resolution

Legal Contract Management
Efficient documentation through automation

Tax Management
Enhance organizations’ capabilities in strategic tax planning and filing and increase credibility in the eyes of regulatory authorities

Enterprise Risk & Compliance


Business Integrity Screening

Create accurate financial statements with efficiency and speed, thereby enhancing the integrity of financial records

Controls & Compliance Management
Ensures on-time payments processing, tax accounting, return filing support, local compliance, and reporting requirements

Enterprise Risk Management
Leverage our consolidation, standardization, and automation toolkit to transform financial planning and accounting

Policy Lifecycle Management
Centralized process for creating and managing policies, standards, and internal control procedures that are cross-mapped to external regulations and best practices

Financial Planning & Analysis


Collaborative Enterprise Planning

Enterprise-wide applications that provide structured workflows for the identification, assessment, and continuous monitoring of control activities

Service Cost Controlling
General ledger accounting solutions allow businesses to improve efficiency, bring down operational costs, and shift focus to key business activities

Management Reporting
Provides strategic, financial, and operational feedback on the performance of the organization to inform management and other stakeholders

Profitability Modelling & Optimization
Aids in financial planning & analysis to accurately interpret financial data and analyze business performance to propel business growth

Account Receivables Management


Contract Accounting

Strong internal control procedures to manage accounts receivable, improve cash flow, ensure reliability, and combat the risk of fraud, error, and loss of assets

Credit Evaluation & Management
Integrated systems help carry out random checks to identify any unusual patterns, review balances, and flag large and overdue accounts

Dispute Resolution and Settlement
Analysis of validity of the dispute, status updation in ERP, online collection, refunds, or write-offs

Electronic Billing & Payment
Automated tools to standardize invoice creation, maintain and report receivable accounts, and collection and recording of invoice payments

Treasury Management


Cash & Liquidity Management

Solutions to support businesses in cash forecasting, working capital management, and in-house banking

Debt & Investment Management
Aids in performing strategic and sensitive analysis of credit, liquidity, and market risks

Payment Bank Communication
Built on the foundation of proactive planning, straight-through processing, and efficient communication

Treasury Governance
Next-generation approach with a focus on integrated data, systematic controls, and automated processing

Streamlining Financial Service Processes for Logistics Conglomerate

Learn how we delivered a hyperautomation solution to clear over 2 million open items worth over 2 billion USD.​

Streamlining Financial Service Processes for Logistics Conglomerate

Learn how we delivered a hyperautomation solution to clear over 2 million open items worth over 2 billion USD.​

RESOURCES

Invoice Processing with ABBYY

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FAQ Response

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General Ledger Account Entry

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Leave Approval Automation

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Offer Letter Generation

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Sales Order/PO Creation

Watch Video

PO to SO, PCI Sales Order Creation

Watch Video

RESOURCES

Invoice Processing with ABBYY

Watch Video

FAQ Response

Watch Video

General Ledger Account Entry

Watch Video

Leave Approval Automation

Watch Video

Offer Letter Generation

Watch Video

Sales Order/PO Creation

Watch Video

PO to SO, PCI Sales Order Creation

Watch Video