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Global Services |
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Invensis is an emerging company offering world class BPO solutions to various global companies. Our solutions have an inbuilt integration of series of innovative features that enable our clients to achieve their business objectives. Our solutions rely on results driven best practices, strong domain expertise and proven methodologies that deliver measurable results. |
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More On Invensis Services |
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Invensis offers a complete range of ITES services to leading global organizations in finance, insurance, healthcare, logistics, and IT domains among others. Several Fortune 500 companies and many medium sized corporations trust us with their back office processing work,...... |
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| Manual Journal Entries |
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Invensis – Have peace of mind by outsourcing Manual Journal Entry process
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Manual journal entries are necessary to record revenues and expenditures, to transfer funds or to record balance sheet accruals. Invensis offers these services to clients who do not have their accounts linked online with each other or where there is a delay in posting a journal entry. Our services include reconciling vouchers and transaction records and manually feeding the data into the system.
Invensis has periodic checks at every stage to ensure accuracy of transactions. We employ a foolproof method of manual journal entry, relying on balancing transactions and ensuring total accuracy until the accounts are tallied in the final balance sheets. We maintain and preserve all the supporting vouchers and expenditure proofs. We maintain notes of any special accounting clauses or entries, which cannot be entered in any other journal and must be documented with accuracy to prevent cross posting.
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| The Invensis Advantage- Outsourced Manual Journal Entries |
- Proven Competency: Invensis team of experts have established themselves with our numerous clients through the good track record. The accolades we received from our clients in the field of financial accounting services are the testimony of our expertise. Our group of skilled accounting professionals is also qualified in advanced database programming and management. This ensures proper account management and fool proof security of all sensitive accounting information.
- Cost Effective Solutions: Invensis operates its financial services outsourcing services from India, offering a distinct cost advantage for manual operations. We give our clients a multitude of cost saving benefits through our streamlined process design which reduces overhead expenditure while maintaining the highest standards of quality.
- Stringent Process: Our skilled team ensures 100% process compliance, through error free operations. We use custom developed verification software and unique process methods designed to achieve accuracy and error-detection during operation.
- Transparency: MIS and detailed reporting is done periodically to ensure operational transparency is maintained. We regard transparency as the prime asset and ensure it is maintained through out our organization.
- Our dedicated process department engages itself in continuous process improvement to achieve a better level of transparency in any service which Invensis provides.
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| The Invensis Way- Manual Journal Entry Process |
- Invensis follows the conventional double entry system, which ensures immediate reconciliation of transactions.
- After establishing the scope of services, our team puts in the necessary processes as required to ensure adequate documentary evidence for all transactions.
- All the users and stakeholders are sensitized about the importance of these systems.
- Our team starts the entry system and will maintain the same.
- Periodic reports ensure compliance.
- Internal audit process enforces compliance.
- Any process gaps are identified and addressed for systemic improvements.
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