Accounting & Finance Services

• Invoicing
• Collections
• Cash Application
• Accounts Payables
• Bank Reconciliation
• Internal Audit And Reconciliation

Invoicing

• Our team of invoicing specialists ensures high accuracy and turnaround in generating invoices and their timely delivery to the client as per the invoicing cycle and submission mode.
• The team also handles invoices for expense reimbursements and deliverables based projects as per the need defined by the client.

Collections

• Our Accounts Receivable team pro-actively reaches out to the clients with weekly Account Statements to confirm the receipt of all invoices at their end.
• The team also ensures timely collection of the payments so as to keep the cash flow of the organization moving.

Cash Application

• Our experienced team of resources ensures that all cash received from a client is validated and applied to the relevant open invoices accurately within 24 hours of receipt of payment

Accounts Payables

• Our vendor payment processing team ensures that all vendors of our clients get their payments accurately as per the defined payment terms in their master services agreement.
• Our AP Team also provides round-the-clock email support to address vendor queries with a target to resolve the issue within 24 hours.

Bank Reconciliation

• Bank Reconciliation statement is prepared monthly for all the Pride entities to ensure all the cash transactions have been accounted in the Books of accounts and to detect any discrepancies between the accounting records of the entity and the Bank statement beside those due to normal timing differences.
• Confirming the Bank balance appearing in the accounting records with the Bank provides added comfort that all the transactions have been recorded correctly and ensures only authorized transactions have been transacted.
• Monthly preparation of bank reconciliation assists in the regular monitoring of cash flows of a business.

Internal Audit And Reconciliation

• Our experienced team of resources conducts audit in order to provide an accurate assessment of the processes that the organization employs to conduct business. There are generally four stages to an audit. The first stage is the planning stage and includes defining the objectives and scope of the audit. Field work is the second step of the process and includes participating in transactions that the organization conducts during the normal course of business. Notes are taken during this field work and used for the third stage, which is writing the audit report. The fourth stage is the follow-up review.