Professional Documents
Culture Documents
Datamatics
Datamatics
Datamatics is a trusted partner to several Fortune 500 Companies globally for managing their
End-to-end Application Life Cycle & Business Critical Processes. Datamatics is a global
Information Technology (IT) and Knowledge Process Outsourcing (KPO) organization focused
on delivering smart, next-generation business solutions that help enterprises across the world
overcome their business challenges. These solutions leverage innovations in technology,
knowledge of business processes, and domain expertise to provide clients a competitive edge.
As a strategic partner, Datamatics helps its clients improve their business competitiveness and
achieve operational efficiencies. The benefits delivered by the Datamatics’ unique solutions
include accelerated time-to-market for new products and services, maximized productivity and
efficiency in business processes, shorter turn-around times for service delivery and lower total
cost of ownership.
Datamatics has a geographically diverse portfolio of Fortune 500 client’s with a footprint across
four continents- Americas, Asia, Australia and Europe.
Billing & cash management
An efficient billing and cash management system ensures the life-blood of any business – cash -
is leveraged most productively by the organization.
Datamatics Global Services offers services that help our clients manage their billing cycles
efficiently. This involves identifying those who owe, raising the bill, follow-up, tallying amount
received against bill amount, enforcing penalty clauses and maintaining proper accounting of the
entire process. We help automate the entire process to make it more efficient and avoid revenue
leakage on account of lapses in the billing process.
Online dashboards offer better visibility of cash-flow, which helps in making better investment
decisions for the predicted cash inflow as per the timeline. Datamatics also sets up billing portals
with automated email and text alerts and reminders that help improve bill collection. Online self-
service bill management enabled on these portals allow regular customers of our clients to have
visibility of their payables with the timeline, which improves the efficiency of bill collection.
Datamatics has extensive experience in enabling account consolidation for global conglomerates
with various umbrella companies and holding companies. As part of its Account Consolidation
services, Datamatics offers Multi Regional Currency (MRC) options, standardized procedures to
align with statutory requirements and expertise in implementing local GAAP requirements,
including passing consolidation entries as per local GAAP rules.
Monthly, Quarterly and Annual Closing of Books of Account
Datamatics has a specialized team of Certified Public Accountants, Chartered Accountants and
Cost Management Experts with unmatched expertise in US GAAP, IFRS and other local GAAP
requirements. Datamatics’ solutions deliver timely closure, incorporate local compliance
requirements, align to statutory accounting guidelines, and enhance accounting oversight by
liasoning with external auditors.
Financial statement analysis, including budgetary analysis, P&L analysis, balance sheet
analysis and cash flow analysis
Customizable web-based MIS reporting, with management decision support
Year-on-year comparison, analysis and forecasting of costs, assets, revenue and
profitability
Online reporting for DSO and vendor status
Datamatics offers a comprehensive technology solution for Fixed Asset Accounting that includes
recording, coding, classification, depreciation calculation, physical verification, tabulation and
management of individual assets. Datamatics’ platform-based suite of services is compliant with
international as well as local GAAP requirements, and can be easily aligned to local Corporate
and Income Tax laws. Complementary services include asset transfers and tax entries on the sale
of assets.
Intercompany reconcialition
Datamatics Global Services offers its global customers ‘Group Account Consolidation Services’ and
‘Reconciliation of Group company balances’ through proven verification and cross validation techniques.
Datamatics services enable improved communication and information exchange among inter-company
processes, allowing companies to be more efficient with their financial reporting and quickly complete
their accounting cycles.
Payables management
Datamatics offers its enterprise customers a suite of hosted work-flow solutions for end-to-end
payables management. The hosted platform can manage a wide range of invoice types received
through a variety of channels such as email, web interfaces, vendor portals, and physical
documents (mailbox).
Datamatics also offers an Invoice Processing Portal, InvoiceTiger, for our US-based customers.
Receivables management
Datamatics Global Services offers a comprehensive suite of Accounts Receivable Management
services including dispute analysis, reconciliation and management reporting. Datamatics’
services are based on a set of standardized workflows encompassing the complete Order to Cash
cycle using a web-enabled tool (eReceivables Manager). These are supplemented by advanced
imaging and workflow technology, which integrates with all major ERP systems like SAP,
PeopleSoft, Oracle, JD Edwards and Great Plains.
Tax services
Datamatics Global Services offers a comprehensive suite of Accounts Receivable Management
services including dispute analysis, reconciliation and management reporting. Datamatics’
services are based on a set of standardized workflows encompassing the complete Order to Cash
cycle using a web-enabled tool (eReceivables Manager). These are supplemented by advanced
imaging and workflow technology, which integrates with all major ERP systems like SAP,
PeopleSoft, Oracle, JD Edwards and Great Plains.
Datamatics Global Services helps CFOs unlock hidden working capital and more effectively
leverage the freed-up funds through a comprehensive suite of Working Capital Management
Solutions. Through a combination of next-generation technology platforms, straight through
processing and workflow automation tools, Datamatics optimizes business process challenges
related to working capital management.
iPM has been widely used by large global organizations, including a number of Fortune
100 companies.
This intelligent platform is backed by a highly flexible workflow management system that
enables auto routing of information, provides real-time information through secure profile based
authentication, and enables web based invoice submission and tracking. With transparent invoice
tracking at every stage of processing, iPM ensures faster invoice approvals and real-time
reporting.
iPM has been widely used by large global organizations, including a number of Fortune 100
companie