Finance Services
Finance and Outsourcing
FINANCE AND OUTSOURCING
2022 is a year when the financial industry was fundamentally transformed. The outsourcing of financial services to other countries and the use of artificial intelligence and machine learning to provide financial services in the U.S. has fundamentally changed the financial landscape. The outsourcing of financial services has been the most significant development in the financial industry this year.
The year in which the economy finally started to recover from the Great Recession. The economy has been growing at a modest pace for the past three years, but it is finally starting to accelerate. The economy is being propelled by strong exports and large amounts of capital investment, both of which are being financed by our company in the form of deficit spending. The GDMS Company has also been outsourcing a lot of its services, such as education, to the private sector.
Enhance & Modernize Your Finance Operations
GDMs are under increasing pressure to reduce expenses, boost productivity, and direct their teams’ attention to higher-value tasks.
Your business is growing, and you’ve got some exciting plans for the future. But with so many demands on your time, it can be hard to give your finance operations the attention they need. Fortunately, there’s a way to ease the pressure and enhance your financial operations at the same time: outsourcing. Outsourcing your finance operations gives you the opportunity to focus on the most important aspects of your business while ensuring that your financial operations are modernized, optimized, and ready for the future.
FINANCE & ACCOUNTING
Accounts Payable and Receivable
- Invoicing and receipt management
- Customer collections and Billing
- Orders and processing details
- Inquiry management
- Recording transactions and closing statements
- Payroll processing and computation (calculations, stats, deposits)
- data entry, information capture, and scanning.
Fixed Asset Management
- Review of items to meet the standard accounting capitalization criteria
- Posting of transactions in “Depreciation Solutions”
- Review of fixed asset accounts, repair accounts, and supplier accounts
- Calculate depreciation, record data in the Financial System and post to relevant General Ledger codes
