ACCOUNTING & REPORTING CONSULTING (ARC)
The world of business today is constantly subject to swiftly-evolving accounting & reporting standards and regulations. Increased management reporting requirements and faster reporting timelines require increased automation within the finance function. Special events such as preparing for an IPO/capital market transaction or meeting the reporting requirements arising out of an M&A transaction result in additional complexities and challenges for the finance function.
Our ARC practice is designed to partner with the finance function through these challenges. Our global talent pool has deep functional expertise and we have a deep understanding of technology solutions for the finance function. Our teams function as an extension of your finance team to implement your plans. We provide the technical know-how, skills, technology, and bandwidth that allow you to maneuver this in real-time without adding additional manpower costs within the organization.
We bring in a rich understanding of multi-geographical accounting frameworks such as US GAAP, IFRS, Ind AS, and other country-specific regulations.
Why Us?
At Uniqus, we believe that the finance function is the fulcrum of the transparency and trust agenda of a company. We are well-positioned to enable this.
- Thought leaders: Jamil Khatri and Sandip Khetan, our co-founders, have been instrumental in building the ARC industry in India. Jamil has also previously led the ARC practice for a Big 4 globally. Jamil and Sandip each have over 25 years of experience in partnering with diverse businesses across the globe on their accounting, reporting, and finance function transformation journey. This gives us the unique ability to understand your requirements both strategically and practically.
- Deep and diverse talent pool: We have access to a deep and diverse global talent pool. Partners and other leaders in our ARC practice have significant experience working with the accounting advisory, audit, finance transformation, treasury, governance risk, compliance, and technology practices of the Big 4 and other large consulting and technology companies globally. Our talent pool is globally integrated working across our key markets of the US, India, and the Middle East.
- Multidisciplinary approach: Our multidisciplinary and sector-oriented global team of experts and strategic partners give the highest priority to achieving the desired impact and enables us to deal with your requirements holistically.
- Integrating financial and non-financial data management: We believe that financial and non-financial data flows and requirements will merge for external and internal reporting in the future. The increased regulatory disclosures around ESG data will provide impetus to this trend. Given our focus on ESG and ARC, we are well-positioned to help our clients through this journey in an integrated manner.
- Our technology-led approach: Through our technology-led approach, we can not only provide strategic advice and solution but also provide end-to-end implementation assistance. We have a deep understanding and strategic partnerships with tech platforms that enable us to solve automation, data management, and integrity challenges within the finance function.
Our Services
Finance Function Digitization and Automation
Digital disruption continues to occur in the Finance and Accounting (F&A) function and is impacting almost all areas. The F&A function must evolve to stay ahead of the change and be relevant. Starting the digital journey by automating core, repetitive, time-consuming tasks that need to be error-free and real-time is a logical first step.
Many enterprises continue to manually compile data and information for their consolidation, financial statement preparation, and statutory reporting. Such manual processes often result in time and labor-intensive, cost-inefficient, error-prone delayed outcomes. Responding to changing financial reporting regulations, stringent timelines, and diverse data requirements adds further stress on the F&A teams and necessitate greater levels of automation.
Our services in this area include :
- Digitization of financial processes including consolidation and financial reporting
- Designing and implementing a period-end closing process and calendar to achieve a faster quality close
- Leveraging technology for a better control environment in the finance function