Finance and Accounting Outsourcing (FAO)

/ Business Process Outsourcing solutions

The business benefits of Finance and Accounting Outsourcing (FAO) extend well beyond cost savings, and include improved efficiency, effectiveness, flexibility, quality and compliance. By adopting an outsourced strategy and actively partnering with getsix® BPO services in the success and renewal of the finance, accounting, and analytics functions, our customers emerge better able to support the operational and strategic demands of the business.

At getsix® BPO services, we seek to elevate our clients’ finance and accounting functions from transactional requirements into tools that can be used to effectively manage the business. Our unique business process outsourcing methodology and approach work to optimise operations across the full range of finance and accounting functions – from transaction-heavy processes like accounts payable, to complex, non-standardised functions like year-end closing and tax services. You can also view here getsix® Full Service Accounting.

Our highly-skilled professionals offer both knowledge of technical financial topics and experience in process operations. This elevates our capabilities above typical business process outsourcing, and allows for the outsourcing of complex, high-end financial and accounting processes. While we have customers that have chosen to only outsource more transaction-heavy processes like accounts payable (Procure-to-Pay), we have many customers that have adopted a more comprehensive outsourcing strategy for their entire finance and accounting back office department.

With our knowledge and experience, we provide services for all your Accounting outsourcing and Bookkeeping services, whether it is creation of your books from scratch, updating your books periodically, or maintaining them full-time, we provide you personalised and professional services while saving your time and money and helping you to concentrate on your core business activity.

Having industry experience helps us to know and understand the issues which you face on a daily basis. Our organisation stands on the grounds of the core values of honesty, transparency and integrity that have helped us to serve our customers better and build lasting relationships with them. getsix® BPO services believes that trust and confidentiality are key elements of a successful outsourcing partnership.

Our capabilities regarding special solutions:

  • Finance & Accounting Cloud solutions
  • Accounts Payable Automation
  • Accounts Receivables Automation
  • Receiving e-Invoices
  • Sending e-Invoices

Kind of Deployment:

Traditionally BPO Finance and Accounting Outsourcing (FAO)

The documents are completely processed in the premises of getsix®. We are using our software application environment (MS Dynamics NAV, MS SharePoint, MS Reporting Services, etc.) to fulfil our contractual obligations. We are providing several tools getsix® eServices to give our customers access to the data, and the financial reports could be accessed through our Customer Extranet.

Hybrid BPO Finance and Accounting Outsourcing (FAO)

This solution we call ‘Hybrid Accounting’ which is using the advantages of our getsix® Cloud Solutions. Within this solution it is possible that our customers and our accountants are using the hosted MS Dynamics NAV ERP-System by getsix® together. With Service-Level-Agreements will be defined which tasks will be undertaken by the customer and which ones by getsix®.

On Remote System BPO Finance and Accounting Outsourcing (FAO)

We are using the software environment provided by our customers (i.e. SAP). The documents and information’s needed for processing will be provided by the customer.

References

I would like to take this opportunity to express my thanks again for the very good cooperation, the quick compilation and processing of the data and the support for the shareholders' meeting. I do hope that we can meet again in person at the latest when we discuss the next deal.

Elisabeth Neumann , I.G. Pflanzenzucht GmbH
Authorised representative, Finance director

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Last updated: 07.02.2022

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