Finance and Accounting Services

Finance and Accounting functions are typically complex and have high documentation requirements. By outsourcing your F & A business processes to DATAMARK, you can streamline these workflows and reduce operating costs significantly.

Starting witha a digital mailroom solution, DATAMARK uses Lean and Six Sigma strategies to transform AP/AR processes for improved cash flow.

Financial documents, received as hard copy, by e-mail or through web interfaces, are funneled at the front end and immediately imaged for data capture. Data is automatically processed with specialized software or processed manually at DATAMARK’s onshore, nearshore or offshore facilities.

Invoice data can be exported to any major ERP platform for payment. DATAMARK’s F&A solutions helps companies standardize and streamline their processes, while improving cash management and compliance.

Accounts Payable Services:

• Purchase order management
• Invoice receipt and imaging
• Invoice 3-way match reconciliation
• Exception handling
• Employee travel & expense processing

Accounts Receivable Services:

• Order management and invoicing
• Remittance processing
• Cash application and posting
• Customer collection management
• Refunds and settlements

DATAMARK Success Spotlight:

Struggling to balance customer privacy and processing costs, a leading national credit card issuer was investing too much time and manual labor in its credit card application process. DATAMARK provided a solution by developing an encrypted automated capture technology to quickly transmit critical information to decision makers. As a result, credit line approval turnaround time was significantly reduced.