At Tekstance, we specialize in providing end-to-end staffing and consulting solutions tailored for finance transformation projects. Our consultants are highly qualified professionals with extensive experience in working with cutting-edge Order-to-Cash (O2C), Procure-to-Pay (P2P), and Record-to-Report (R2R) bolt-on solutions, as well as CFO office software. Whether you need expert resources for your internal transformation initiatives or a comprehensive, fully managed finance transformation project, Tekstance is the trusted partner you can rely on.
Our Finance Transformation Consulting Services
At Tekstance, we believe that effective finance transformation requires a combination of strategic insights, process expertise, and innovative technology. Our approach is designed to assess your current processes thoroughly, identify gaps, and recommend the optimal solutions to drive efficiency and effectiveness. Here’s how we do it:
Comprehensive Process Assessment
- Our business analysts and functional experts conduct a detailed analysis of your existing O2C, P2P, and R2R processes. This includes:
- • Mapping end-to-end workflows.
- • Identifying inefficiencies and bottlenecks.
- • Analyzing dependencies and handoffs between teams.
Gap Analysis and Performance Benchmarking
- Using best practices and industry benchmarks, we identify:
- •Process inefficiencies and areas for improvement.
- •Pain points affecting your financial performance.
- •Opportunities for automation and technology upgrades.
Tailored Solution Recommendations
- Based on our findings, we recommend the most suitable bolt-on or CFO software solutions to address your specific challenges. These recommendations are aligned with your transformation objectives, budget, and existing technology landscape.
- • Mapping end-to-end workflows.
- • Identifying inefficiencies and bottlenecks.
- • Analyzing dependencies and handoffs between teams.
Implementation Strategy and Execution
- We provide a clear and actionable roadmap for deploying the recommended solutions. Our implementation services include:
- •Detailed project planning.
- •Collaboration with key stakeholders.
- •Seamless integration with existing systems.
Post-Implementation Support
- Tekstance ensures the long-term success of your transformation project with ongoing support and continuous process optimization.
Our Expertise in Bolt-On and CFO Software Solutions
Order-to-Cash (O2C) Solutions
- HighRadius: Cash application, credit, collections management, and automated deductions.
- Billtrust: Accounts receivable automation and integrated e-invoicing.
- Esker: Order management, AR automation, and payment processing.
- GetPaid (FIS): Credit risk management and collections software.
- BlackLine AR Automation: Cash application, AR reconciliation, and collections.
- Versapay: Collaborative AR and payment networks.
- Yooz: Document-driven cash flow automation with advanced AI.
- Tesorio: Cash flow forecasting and AR optimization.
- Quadient AR (formerly YayPay): Advanced AR insights and payment automation.
Procure-to-Pay (P2P) Solutions
- Coupa: Comprehensive spend management, procurement, and AP automation.
- Tipalti: Supplier payment automation, including global compliance.
- Stampli: AP automation with advanced collaboration tools.
- AppZen: AI-driven spend auditing and expense reporting.
- AvidXchange: AP automation and supplier invoicing.
- SAP Ariba: Procurement, contract management, and supplier collaboration.
- Basware: Invoicing, procurement, and payment automation.
- Tradeshift: Supply chain payments and procurement platform.
- Jaggaer: Supplier management and e-procurement solutions.
Record-to-Report (R2R) Solutions
- BlackLine: Financial close automation, account reconciliations, and task management.
- FloQast: Close management and reconciliation software.
- Trintech (Cadency): Comprehensive R2R, including reconciliation, close, and compliance.
- Redwood Finance Automation: Automates manual tasks for the financial close process.
- OneStream: Unified CPM platform for financial close and consolidation.
- Workiva: Reporting, compliance, and audit management.
- Adra by Trintech: Account reconciliation and transaction matching.
- SAP S/4HANA for Group Reporting: Consolidation and reporting for large enterprises.
- Oracle Hyperion Financial Management (HFM): Close and financial consolidation solutions.
Multi-Process Tools (End-to-End)
- Kyriba: Treasury management, cash forecasting, and working capital solutions.
- Anaplan: Integrated business planning for finance, supply chain, and sales.
- Alteryx: Data automation and analytics for finance workflows.
- Board: Integrated business intelligence, financial planning, and consolidation.
- NetSuite ERP Add-Ons: Streamlined P2P, O2C, and R2R processes for mid-sized businesses.
- Microsoft Power BI: Analytics and insights for streamlined financial reporting.
- Qlik: Advanced analytics for process optimization across finance workflows.
Our Qualified Experts
- At Tekstance, we pride ourselves on the expertise and qualifications of our team. Each of our consultants brings:
- Extensive Industry Experience: Many of our experts have decades of experience in finance and accounting roles, working across diverse industries and geographies.
- Technical Expertise: Our consultants are certified professionals in leading bolt-on solutions and CFO software, ensuring deep technical knowledge and hands-on experience.
- Strategic Insights: With a strong understanding of global finance trends and best practices, our experts deliver strategic recommendations tailored to your organization.
- Proven Track Record: Our team has successfully executed complex finance transformation projects for clients ranging from SMEs to large enterprises.
Holistic Approach:
We offer end-to-end solutions that encompass people, processes, and technology.
Tailored Solutions
Our recommendations are customized to meet your unique business needs and objectives.
Expert Resources
Leverage our pool of highly qualified consultants to drive your transformation projects.
Comprehensive Services
From assessment and planning to implementation and support, we deliver seamless project execution.
- At Tekstance, we are committed to empowering organizations to achieve their finance transformation goals. With our expert team, proven methodology, and deep knowledge of leading technology solutions, we help you unlock the full potential of your finance and accounting processes. Contact us today to learn more about our services and how we can support your journey to transformation.
