Procurement Outsourcing Finance and Accounting Services

• Procure to Pay
• Order to Cash
• Plan to Result
• Financial Analysis & Management
• Treasury & Tax

Guaranteed 30% cost reduction from day one of engagement

Another productivity improvement of 10-20%

Six-Sigma methodology institutionalized

Flexible and proven delivery methodology

Leveraging Global Collaboration Model

Faster turnaround time

 Well defined quantifiable quality and process metrics

Corbus offers complete end-to-end solution to optimize Order-to-Cash cycle to reduce costly errors, frauds, and delays in cash flow. Our Order-to-Cash processing solution provides autonomous mechanism to ensure efficient credit analysis, back end billing, cash application, and collections, resulting in high client satisfaction.

Our Order-to-Cash service portfolio includes -

• Sales Accounting
• Client order processing
• Billing
  • Credit sales billing
  • Debit memos
  • Inter-company billing
• Collections
• Accounts Receivable
• Sales Returns Accounting
• Banking and cash application
• Account Receivable Reconciliation
• Client Helpdesk

Product Overview

This offer involves Invoicing and Billing according to the Contract terms and conditions and collation of all relevant information about a work order being executed for a client. We offer the following services:

• Job cost analysis, revenue recognition as per GAAP
• Sales and cost accruals
• Data management, invoice preparation as per different tax Rates
• Time and material billing, fixed bid/milestone billing, hybrid billing etc.
• Three way match of invoices with sales orders and client purchase order
• Invoice dispatch with supporting documents
• Ageing analysis and reporting which includes, ABC analysis of receivables, cost benefits analysis of credit sales, age wise analysis of receivables, etc.
• Issue of dunning letters and follow-up correspondence
• Tracking and resolving delinquent accounts
• Deduction resolution and management
• Collections/Client support - handling and resolving billing related queries
• Reconciliation of Sub Ledger vs. General Ledger
• Reconciliation of Client Ledgers
• Providing data and reports as required

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