Wipro BPO Finance & Accounting Services
Wipro believes that back office efficiencies are key to driving profitability. The efficiencies of the finance function can be a real source of competitive advantage to your firm. Wipro Business Optimization Services (BOSs™) allows you to achieve best-in-class industry specific process optimization and innovations, through a combination of intelligent process management, proven transition methodology and robust execution rigor that exceeds customer expectations.
Benchmarking & Best Practices
Wipro’s benchmarking and performance measurement group works with enterprises in understanding the relative efficiencies of key finance processes within industries and across major process groups. The purpose of the benchmarking is to share best practices and identify key areas of improvement.
Technology Transformation
Wipro BPO leverages Wipro’s extensive technology capabilities in financial platforms to deliver integrated business solutions. We have also tied-up with best-of-breed vendors who deliver leading edge F&A focused technology solutions to our clients.
Regulatory Compliance - Holistic Approach
Wipro provides an integrated approach to outsourcing Finance & Accounting functions by ensuring compliance of its client's process, technology and platforms to local statutory and regulatory requirements. Wipro is BS7799 compliant and facilitates SAS70 Type II audit reports based on client requests. Wipro has a security practice that advises clients on Sarbanes Oxley compliance and ensures adequate controls are established on both process and technology fronts.
Deep Domain and Industry Expertise
The team at the Finance & Accounting practice at Wipro BPO comprises industry practitioners with prior experience at blue-chip accounting and audit firms and banks, bringing hands-on experience in every aspect of the Finance & Accounting domain.
Domain Knowledge and Center of Excellence
Wipro's F&A practice is built on indepth understanding of the Finance & Accounting domain. Our employees and managers are recruited from Finance & Accounting backgrounds and are continually exposed to current and emerging best practices. We have a Finance & Accounting Center of Excellence to centralize and advance specialized domain knowledge across individuals and customer engagements through extensive training and certification programs.
Proven Track Record in Cost Reduction
Wipro has reduced operating costs of the accounting back office by 40-50% through process innovation and technology transformation for its customer's contract compliance.
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