Brochure

Download our Lean Solutions for Treasury & Finance Brochure

 

Let's help you!
We are happy to chat with you, learn your business, your challenges and talk about how we can help streamline your Treasury & Finance using our LeanCash™ solutions.

Call us: 845-271-6030
info@medullus.com

How we can help?

Even though most organizations have some level of centralization of shared common finance processes such as accounts payable, collections and invoicing, there are numerous inefficiencies and waste evident in many cases. Our LeanCash offering provides fully integrated turnkey setups for financial shared services processes to ensure efficient processing by eliminating redundancies and enabling optimized centralized operations

Deep System Integrations

Real time (or near real time integration) across disjoined systems and platforms to deliver seamless connectivity and exchange of information across vast internal (and external) stakeholders – such as (strategic) business units, treasury and other functional units, banks, vendors, customers and accounting/GL systems.

Monitor & Control
Detail audit log across integrations. Minimize
defects and inefficiencies
Batch & Queue
Intelligent batching and queuing of relevant shared
service tasks that are performed periodically
Governance
Continuous Improvement & Continuous
delivery of services through effective data
governance
Rationalize
Minimize data redundancy and attain data
rationalization with optimized data management
Interface
Common interface for all Shared Services
functions & processes across all BUs
Centralize
Centralization & economies of
scale for repeatable tasks.
Integrate
Deep integrations across services &
platforms. A/P automation, Invoice to pay,
Invoice matching, PO matching, eInvoicing

Central Data Management

Central data repository that acts as the “single source of truth” across systems and platforms. This facilitates efficient reconciliation of transactions across platforms and eliminates differences across various organizational ledgers.

Efficient File Mapping

Efficient file mapping/conversion routines on the inbound side as well as reverse mapping on the outbound side to enable seamless exchange of information across systems by standardizing data sets from multiple systems and platforms.

LiveSharedSvcs

Centralized Process Hub

User friendly front end/interface that works like a turnkey setup to ensure transparency across complex system connections and enables functional shared service folks to run and manage the processes in a simple manner oblivious to the intricate system architecture.

Process

Centralize & Integrate

Centralization & economies of scale for repeatable tasks.Deep integrations across services & platforms. A/P automation, Invoice to pay, Invoice matching, PO matching, eInvoicing.

Interface & Rationalize

Common interface for all Shared Services functions & processes across all Bus. Minimize data redundancy and attain data rationalization with optimized data management

Governance, Monitoring & Control

Continuous Improvement & Continuous delivery of services through effective data governance. Intelligent batching and queuing of relevant shared service tasks that are performed periodically. Detail audit log across integrations. Minimize defects and inefficiencies

Problems we are solving

Value-Streams for Treasury & Finance

“BPO and shared service centers are used for the purpose of driving efficiency in managing non-value added activities and freeing up finance resources to add value to the business.”, CIMA [2013]

Standardizing Processes

“Fewer organizations are using a “big bang approach that involves standardizing processes and implementing newtechnologies while making the move toshared services.”, Deloitte [2017]

Centralize & Automate Treasury Operations

“As 70% of treasurers think staff will stay the same or even decrease, most treasurers turn toward technology to centralize and automate treasury operations.”, Reval [2016]

Non-disruptive Shared Services

“Most organizations surveyed relied on a “lift-and-shift” approach that moves activities to a SSC as is, rather than using a ‘big bang’ approach that can be quite disruptive.”, Deloitte [2017]