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Global enterprises that have multiple accounting systems often face challenges in consolidating data for reporting and analysis. Moreover, they need to ensure that the close period is synchronized across geographical boundaries and that they are also compliant with local reporting standards and XBRL requirements.
WNS has deep experience in managing industry-specific accounting for reporting and reconciliations. We also leverage a range of technology tools to provide automation for Record- to-Report (R2R) activities such as month-end management, reporting, journal entry workflows and reconciliation.
Our Process Maturity Model (PMM) is customized for different industries, and according to the size and scale of the client. We use a combination of R2R benchmarks (Hackett, AQPC) to bring a comprehensive coverage of all sub-processes leading to month-end close and FP&A reporting.
We have a deep understanding of month-end close processes. This coupled with a strong SLA framework and cross-functional metrics with sub ledgers ensure smooth synchronization of close processes.
We have invested in risk services, including governance, risk and compliance (GRC), Sarbanes Oxley (SOX), forensics, fraud analytics, digital screening, which adds significant value to our end-to-end F&A offerings. These areas are niche and drive risk and controllership in a big way as companies expand into different geographies organically and inorganically.
More than 30 percent of our revenue comes from non-FTE based commercial models. We have invested in a playbook to deal with outcome-based pricing models. We have the ability and flexibility to design best-suited commercial models with clear linkage to risk-reward and transparency.
CFO, Church's Chicken