Mynd Solutions Pvt. Ltd. Official Blog: May 2014

Friday, May 23, 2014

Mynd "Global" Platform !

Integrate and Streamline your International Business Operations through Mynd Global Platform...

Mynd offers HRO and F&A services globally, thereby giving clients the advantage of having One Contract for their MULTI-COUNTRY OPERATIONS with One Service Provider. This would further help them achieve the following:

¨ Standardization of Processes across All Countries
¨ Improve Process Visibility
¨ Enhanced Business Agility

MYND specialises in providing integrated global outsourcing services with One Contact, One system, One contract worldwide via an internet based ‘Software as a Service’ application to international corporations.

At present, Mynd has service capabilities across the GLOBE. Mynd offers 24*7*365 services in local language through its service centers. Our superior efficiency and performance have helped us position ourselves as strong competitors to international service companies.

All Mynd applications run on the SaaS platform and help induce standardization and efficiency in processes. The applications are scalable with an automated workflow that is easy to customize and implement. Hence, making these applications highly efficient for any customer situated anywhere across the globe.

Mynd’s One GLOBAL Contract replaces all your existing contracts, across the world and also offers a single point of contact for customer service.

Mynd is SSAE-16 / ISAE 3402, Type II certified.

ISO 27001: 2005 certified from BSI

Leverage the “Mynd Advantage”:

Tuesday, May 6, 2014

Mynd Solutions Pvt. Ltd. Official Blog: Easing the pain from Finance & Accounting- OUTSOUR...

Mynd Solutions Pvt. Ltd. Official Blog: Easing the pain from Finance & Accounting- OUTSOUR...: Finance and accounting (F&A) is among the very-first back-office processes to be outsourced by companies. Even today, the de...

Mynd Solutions Pvt. Ltd. Official Blog: Easing the pain from Finance & Accounting- OUTSOUR...

Easing the pain from Finance & Accounting- OUTSOURCE !

Finance and accounting (F&A) is among the very-first back-office processes to be outsourced by companies. Even today, the demand for FAO continues to flourish and grow year-on-year. In a quest for streamlining their FAO processes, corporates are on the lookout for outsourcing novelty in new areas of F&A. Even, new smaller sized companies and industry segments that have not used outsourcing are also trying out F&A Outsourcing.

The primary aim of outsourcing has shifted from cost-reduction to more strategic issues such as efficiency enhancement in technology and processes or even as a consequence in the entire company. The most frequently outsourced services in the F & A domain are accounts receivable, inventory accounting, vendor management and accounts payables etc.

Streamlining, standardizing and simplifying the Finance and accounting function is highly vital to the success of companies, especially large organizations with subsidiaries in order to maintain consistency and centralization across different processes and functions. In the corporate world these days; mergers, acquisitions and other financial transactions have become very frequent and the creation of subsidiaries lead to potential inconsistency and disparate systems and processes.

The easing out of F&A processes helps reduce the turnaround time to close books of accounts. Hence, companies are capable of developing improved benchmarks along with standard financial processes for complying with regulatory requirements.

A broader scope of outsourcing can manifold the benefits as well, owing to the transparency in processes that the outsourcing service provider gains while handling the entire Finance system. This way the provider could optimize and enhance the efficiency of internal process. Hence, these factors finally drive the various process enhancement benefits for any organization which outsources its F & A Function.

Outsourcers have bespoke technology and provide customers with their expertise through skilled Human Resources to simplifying processes irrespective of subsidiaries and/or geographies. Outsourcing providers now days, also understand and try to provision their services in line with customer’s strategic goals.