Accounting compliance and reporting

The finance function of the future — experienced professionals and leading-class technology, backed by a global network, revealing strategic insights into what’s possible. It’s available to your organization in a flexible and scalable model.

Related topics Tax Tax accounting Tax function operations Tax compliance Managed Services

The team

Shobha P Keni

Shobha P Keni

EY India Accounting and Compliance Reporting National Leader, Payroll Operate Services National Leader

Your business challenge

Businesses today face a technical and regulatory landscape that is more complex than ever, upended by talent shortages and evolving risks in markets across the globe. Finance leaders are under pressure to generate higher returns and pursue strategic growth while managing the costs and challenges of finance and compliance functions.

As a result, many companies are implementing a new delivery model, combining the strength and standardization of central delivery teams with dedicated local accounting and tax professionals where required to ensure global consistency and quality across the enterprise.

Key features

EY finance managed services teams are focused on finance and accounting matters. With over 150 years of experience and a broad global network of varying disciplines, we understand how these functions can become hubs of insight — into what’s possible, not just what happened. Our finance managed services teams connect you to the finance function of the future, with the flexibility and agility you require.

EY people take the lessons learned from​ working with large and up-and-coming companies globally to invest in a finance and tax service that fits your needs, wherever you are on your business life cycle journey. You can expect more, and get more, without distraction from your other priorities. EY finance managed services teams address three key concerns — talent, risk, and data and technology — that ultimately create a path toward greater value creation.

Key benefits

  • Talent

    It can be a struggle to attract or retain finance and tax talent.

    • We bring experienced professionals with deep roots in audit, finance and tax to the right location to serve you.
    • Our sourcing model is flexible to manage fluctuating staffing needs.
    • We help accelerate innovation within your organization by upskilling internal teams and freeing up management time so you can focus on driving strategic value.

  • Risk

    Forward-thinking functions need access to the right financial and data-driven insights that can inform strategic decision-making. Companies that are delving into merger and acquisition activity — including carveouts, acquisitions and joint ventures — require agile thinking and processes.

    We keep up with evolving requirements (e.g., Base erosion and profit shifting (BEPS) and environmental, social and governance (ESG) to help you understand the impact of regulatory and compliance changes and proactively manage risk.

  • Data and technology

    Staying current in a rapidly changing technology environment can be an enormous task on its own, and many companies say they do not have the resources to keep up.

    • We have invested in secure, leading-class technology and standard processes, to give you greater visibility and oversight.
    • Our insights enable us to help you drive further efficiencies and transformation.
    • You will have more access to data analytics and support for emerging technologies (such as intelligent automation) for greater transparency and informed decision-making.

Value

Amid tight budgets and other strategic needs, finance and tax functions get tagged as a business cost — one that is important for fulfilling regulatory and compliance needs but not for the overall health and direction of an organization. Many organizations have lost focus on the value their finance and tax functions can bring when supported by standardized and integrated operating systems and experienced professionals. More than a support function — EY finance managed services teams offer you the talent resources of a true business collaborator, who brings agility, strategic insight and innovation. With our finance managed services professionals and our focus on providing approaches that yield efficiencies for your organization — you are given the capability to do so much more.

EY teams stay on top of local regulatory changes and work closely with central coordination teams with one technology platform and point of contact. The broader EY global organization can help you unlock strategic value with data as an enabler. Moving from administrative to transformative was never so easy.

How EY can help

Finance Operations

EY teams bring you global resources, redefined processes and next-generation technology. We help you get more out of your finance function, driving greater visibility, enhanced compliance and data-driven decision-making — while positioning you to cut costs over time.

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