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Finance and Accounting Services

Say hello to 1source – your new finance and accounting department. We’re here to redefine your finance operations from top to bottom. Get ready for improved business performance as we incorporate process automation, artificial intelligence and predictive analytics into all your key finance functions.

1source combines experienced industry professionals with the latest technology tools to truly transform your business. We take control of all your burdensome transactional processes to give you peace of mind that all your finances are being handled both effectively and efficiently. Don’t let these processes divert your attention away from the core of your business; leave it in the hands of experts!

We are professional accountants; not more data-entry operators, and hence we deliver work that is of the highest quality. Using the latest technology and software, our expert team provides you with a standardized and consistent bookkeeping department. We work under strict deadlines to convert high volume data into neatly packed and categorized information.

Comprehensive Service and Offerings – F&A:

financial-accounting

WHAT WE DO

  • Order To Cash (Accounts Receivable)
    • Collections and Accounts receivable
      • Manage and process collections and disputes
      • Maintain customer master data
      • Manage and process deductions
      • Maintain A/R ledger and apply cash
    • Order management and billing
      • Manage sales orders
      • Manage customer requests and enquiries
      • Manage contracts
      • Manage customer billing
    • Order to cash analytics
      • Authorize and manage credit
      • Perform revenue assurance activities
  • Procure To Pay (Accounts Payable)
    • Third Party and intercompany invoices/credits
    • Travels and expense claims
    • Vendor statement reconciliations
    • Trade creditor reconciliations
    • Payments and remittances
    • Vendor master data maintenance and banking
    • Interface management
    • Payment accuracy controls and banking
    • Support Centre (BSS)
    • Receipt and Scanning (BSS EDM)
  • Record To Report
    • Asset and transactional processing
      • Intercompany
      • Fixed assets
      • Master data maintenance
      • Cash management and banking
    • Period close and data integrity
      • General ledger reconciliations
      • Period close and consolidations
    • Financial and government reporting
      • Financial reporting
      • Management reporting
      • Regulatory reporting
      • Tax reporting
  • Bank account reconciliation
  • Credit card reconciliation
  • Debtors / Creditors Reconciliation
  • Financial Planning and Analysis: utilizing advance analytics to provide business insights, improve forecast accuracy and facilitate better decision making.

At 1source, you get a dedicated client manager as a single point of contact, a team with minimum three to five years of accounting experience and frequent communication with you to ensure delivery of high-quality work. We work on all accounting software, including MYOB and Microsoft AX 2012.

Why handover your financial ops to 1source?:

  • It will greatly reduce your operational cost
  • Minimize mistakes as we introduce system automation
  • It will improve financial control, customer satisfaction and supplier relationships