Finance, accounting & administration

We support our clients in nearshoring and offshoring of all finance and accounting functions in most European languages. Our multilingual experts can take over responsibility for a full range of accounting processes, starting from general ledger (R2R), accounts payable (P2P) and accounts receivable (O2C) based on clearly defined SLA and KPIs.

Procure to pay / P2P / AP / Accounts payable

Invoice processing can be one of the most labor-intensive functions of any business. The volume and variability of invoices and the processes followed by all suppliers can be challenging for many organizations. Invoice processing solutions enable companies to automatically handle incoming invoices and cover all necessary steps of the AP department – ranging from invoice data extraction to validation, release and the final booking of all invoices amounts in the ERP system. Our procure to pay services can successfully integrate several P2P management cloud based on software’s or application with respective cloud based accounting and bookkeeping software’s of the client. Our team has experience and expertise in external applications which we utilize as required according to client requirements.

Order to cash / O2C / AR / Accounts receivable

Receiving payments on time can be challenging. Our outsourcing accounts receivable solution offers support where, when, and how you need it. With a robust AR management process, the majority of outstanding invoices will not turn into business debts. We create a custom-made solution based on your business’s needs. Outsourcing your order to cash services gives you the opportunity to deploy the best available specialist knowledge, to leverage the maximum efficiency from your cashflow.

Record to Report / R2R / GL / General Ledger

We deliver accurate Record to report services as per your requirements. Our general ledger services specialists focus on core business functional areas to enhance the productivity and ROI of your organization. The steps involved in record to report services include data extraction, data collection, data validation, data transformation, voucher posting, storage of vouchers in de-normalized & compressed format, generation or consolidation of analysis account trial balance, user defined financial & management reports. We practice the best strategies for the development of your business by providing strategic, financial, and operational feedback to analyze the performance of your business.

Treasury

We offer a broad range of tailored solutions to support your treasury requirements. By fully understanding your business needs, our corporate treasury specialists are committed to delivering efficient, customized solutions.

HR Administration

With our HR outsourcing services, we will take care of all your day-to-day HR needs. If you are looking to outsource your HR completely or just need help with a one-off project, we will support you in achieving your business goals. We will take care of both the HR administrative work and ongoing management of people, leaving you focus on where your business needs you most.

Benefits

How you benefit from our partnership approach

With support of ITELENCE, you can tap the potential of enormous Polish job market, full of highly qualified tech, process and outsourcing professionals. We can build for you high performing dedicated team that will suit your needs. You can even start with a team of one person, test our agile delivery model, learn more about nearshoring and offshoring and increase service scope when you are ready.

Clients of ITELENCE realize following benefits by being served under our agile delivery model

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Low initial investment and low overhead cost

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Fast implementation

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Possibility to start with a few selected FTE

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Flexibility on tailoring of Your services

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Access to experienced professionals in other supporting IT and accounting functions

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Experience in all back office functions (Finance, IT, HR, etc.)

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Know-how in local labour and office market

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Transition and operations knowledge in Poland

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Expertise in Lean and Continuous Improvement

Our agile approach

ITELENCE understands that flexibility is a key winning factor in the success of our clients. Therefore, our offer is characterized by low initial investment costs, limited risk through step-by-step approach toward transition and possibility to test our solutions before deciding on a long-term contract. Our expertise covers the end-to-end nearshoring and offshoring journey. We tailor our support to client’s specific needs. Typical steps of our outsourcing approach are as follows:

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We start with analyzing specific client’s needs

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We jointly define project scope

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We agree draft Service Level Agreement (SLA)

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We build together Key Perforce Indictors (KPIs)

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We perform transition aiming at processes take over

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We use LEAN methodology to deliver process improvements

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We constantly adjust to changing clients’ requirements

Contact us Join ITELENCE