ENHANCING FINANCIAL PROCESSES THROUGH SHARED SERVICES

KEY BENEFITS OF SHARED SERVICES

Enhancing Financial Operations through Shared Services

Cost Efficiency

Shared services significantly reduce operational costs by consolidating resources and expertise, leading to more streamlined financial processes.

Scalability

Shared services can be easily scaled according to evolving business needs, offering organizations the flexibility to adapt to market changes.

Expertise Access

Organizations benefit from access to specialized skills and advanced technologies without the need for significant in- house development investment.

Improved Reporting

Centralized financial processes enhance the accuracy and timeliness of financial reporting, allowing organizations to make informed decisions more swiftly.

Payroll As a Service (PASS)

Focus on Core Business Activities

DevOps teams can concentrate on developing core functionalities.
Minimizes the need for infrastructure management.
Increases innovation by allowing businesses to focus on strategic initiatives

Cost Savings and Efficiency

Reduction in capital expenditure due to shared infrastructure.
Lower operational costs with managed services.
Faster time to market with streamlined development processes.

Cost Savings and Efficiency

Reduction in capital expenditure due to shared infrastructure.
Lower operational costs with managed services.
Faster time to market with streamlined development processes.

Explanation of payroll services managed by third- party providers.Subscription- based model for payroll processing and management.
Cloud- based solutions offering scalability and flexibility.

Key Benefits of Pass

Recruitment as a Service (RaaS)

Develop Recruitment Strategy

-Define positions, selection committee, and goals

-Set budget, timelines, and selection criteria

-Draft job descriptions and recruitment materials

Recruitment as a Service (RaaS) is a tailored solution where Finan partners with external experts to manage the entire hiring process, from sourcing to onboarding. This approach helps businesses save time, reduce costs, and attract top talent without the need for an in-house recruitment team. With customized strategies and advanced tools, RaaS ensures a seamless and efficient recruitment experience.

RECRUITMENT AND SELECTION ACTION PLAN

Build the Applicant Pool

-Define positions, selection committee, and goals

-Set budget, timelines, and selection criteria

-Draft job descriptions and recruitment materials

Screen Applicants

-Define positions, selection committee, and goals

-Set budget, timelines, and selection criteria

-Draft job descriptions and recruitment materials

Evaluate Recruitment Process

-Assess process effectiveness and outcomes

-Analyze new hires’ performance

Review & Select Candidates

-Shortlist candidates and conduct interviews/tests

-Perform background/reference checks

-Make hiring recommendations and finalize offers

Data Governance and Data Architecture

Ensuring Data Integrity and Security

Establishing robust data governance frameworks. Designing efficient data architectures. Implementing data quality and security measures.

Data Governance and Data Architecture Services

Data audits and assessments. Data classification and labeling. Data quality management. Data security and privacy compliance.