The CFOs Agenda:
Reimagining the Future of Finance
Since the pandemic, digital transformation has only accelerated, driven by new engagement models with clients, end users and employees. In the near term, this redefinition of the engagement models, supported by other drivers, has increased the clock speed of business. This trend is likely to continue over the medium term as its potential is still to be fully harnessed.
As businesses look towards finance to take more innovative bets, chief financial officers must be more agile and forward-thinking than ever. They are crucial allies in navigating growth opportunities that are data-driven, forward-thinking, risk-aware and collaborative. CFOs are now using insights into organizational culture, talent, digital technologies and governance in new ways.
With less emphasis on labor cost arbitrage, businesses want additional optimization from digital transformation with innovative solutions that leverage next-gen technology.
To explore ways to steer the company's future, finance leaders look at real-time and predictive analytics to generate growth and make better decisions.
Organizations are considering outsourcing value realization through modernizing the entire finance value chain and not just back-office operations.
Finance leaders now favor service providers with deep domain expertise that can deploy ready-to-use industry solutions without extensive tailoring.
Finance leaders frequently look for expertise in automation, AI, machine learning, blockchain and advanced analytics because of a growing emphasis on strategic initiatives rather than transactional finance.
Finance leaders are now demanding innovative commercial terms from partners with stakes in the outcome and models that are occasionally tied to end-user experience.
We Help Supercharge the Vision of Modern-day CFOs
At HCLTech, we create the required ecosystem for finance leaders to deploy efficient operations design, manage processes, drive compliance, highlight potential risks, achieve transformational objectives and become strategic business partners.
Along with a global pool of finance and accounting (F&A) experts, strategically situated global delivery centers and a rich partner ecosystem, our capabilities encompass innovative processes design and frameworks, required visibility and controls with a strong focus on compliance and leading expertise in implementing state-of-the-art technologies.
Partner of choice
Strong capabilities substantiated by clients, analysts and advisors
Accelerated and secure integration
Nil-disruption day zero hand-off and enhanced transparency
A collaborative ecosystem
The world's leading F&A platforms and technology providers
Innovative deal constructs
Suited to the client's business and financial objectives
Day one value generation
Zero client risk backed by a robust ecosystem of innovative bespoke solutions
Strong experience
People, processes and best-of-breed technology
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Our Services
From consulting to implementation, we provide our clients with agile and adaptable FAO solutions to address the changing paradigm, rising expectations and strict deadlines. Our services cover core and strategic finance functions, enabling finance leaders to influence strategic decisions and transformation initiatives.
We provide end-to-end solutions offering a full view of the O2C process, enabling operational efficiency, working capital optimization and increased free cash flows and financial performance. Through our O2C offering, we have been able to deliver substantial revenue uplift, improved working capital, optimized DSO, greater than 90% auto cash postings and over 45% improvement in overall efficiencies.
Our P2P services assist businesses in efficiently optimizing working capital by providing better pay terms, early payment discounts and streamlining processes, all while ensuring intelligent compliance management. We have been able to drive over 90% throughput and touchless transactions in accounts payables, considerable reduction in spend, significant improvement in inventory turnover and enabled self-service for vendors through e-invoicing adoption and mobility.
With our R2R services, we help ensure strong internal controls and compliance by establishing robust governance around the month-end close process, posting journals accurately and on time, ensuring timely closure of books of accounts and providing accurate and timely information on financial data on a regular basis.
Our FP&A services help businesses manage risks, reduce manual complex work, identify variances, make informative decisions and take corrective measures through performance visibility and intelligent insights driven by rationalizing and automating reports, accurate forecasting and budgeting activities and intelligent analytics.
To drive continuous improvement and digital transformation across processes, tasks or verticals, we supercharge businesses with an end-to-end ecosystem of tools and platforms, process assessment and delivery frameworks and best-in-class capabilities cultivated through leading strategic partnerships.
Analyst Recognition
Recognized as a Leader in Avasant Finance and Accounting Business Process Transformation 2024–2025 RadarView™
Recognized as a Leader in ISG Provider Lens™ Finance and Accounting Outsourcing Services - Order-to-Cash (O2C) – Global 2024
Recognized as a Leader in ISG Provider Lens™ Finance and Accounting Outsourcing Services - Procure to Pay (P2P) – Global 2024
Recognized as a Leader in ISG Provider Lens™ Finance and Accounting Outsourcing Services -Record-to-Report (R2R) – Global 2024
Recognized as a Leader in ISG Provider Lens™ Finance and Accounting Outsourcing Services - Financial Planning and Analysis (FP&A) – Global 2024
F&A Case Studies
Explore how we've assisted businesses in expanding their financial capabilities and aspirations through our cutting-edge technology and services.
Revolutionizing accounts payable for an American automobile manufacturer
We provided comprehensive transformation and automation solutions to streamline processes and enhance the overall customer experience
Streamlined finance and accounting operations for a global healthcare enterprise
We established end-to-end ownership of F&A operations, fostering process standardization, consolidating deliverables and improving operational metrics
Insights and News
Building future-ready enterprises with connected finance
A paradigm shift with accounts-payable transformation
Harnessing the power of connected finance with real-time insights
Expanding the precincts of experience with connected finance
Mapping financial transformation journeys through digital disruptions
Lead the way in financial excellence and transformation
Discover the power of our innovative F&A solutions
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