Cost reduction pressures, increasing regulatory compliance and demands for a closer alignment to the business are driving organizations towards new finance and accounting operating models. Chief Financial Officers (CFO) of leading organizations are leveraging finance and accounting services outsourcing as a strategy to change their operating models. COVALENT offers industry recognized financial services outsourcing solutions that support end-to-end functions in a CFO's office.
COVALENT ‘extends your enterprise’ by leveraging its deep finance and accounting functional expertise, industry intimacy, focuses on operational excellence and global delivery model. CFOs outsource finance and accounting services to COVALENT that allow their internal teams to focus on core business issues, as the COVALENT team delivers a solution that standardizes financial service processes, transforms finance operations and lowers costs.
COVALENT's finance and accounting outsourcing service offerings include:
With the rise of globalization and economic uncertainties, organizations face risks from both external and internal quarters. Risk and compliance measures are vital for an organization’s survival and growth. In addition, regulators, rating agencies and stock exchanges are driving best practices for risk management at an enterprise level with special emphasis on good corporate governance.
The COVALENT Risk Management Service (RMS) helps your organization manage diverse risks by embedding robust frameworks within your business processes, thereby protecting your business while, at the same time, ensuring enhanced performance and sharpening your competitive edge.
COVALENT’s Business Risk Management Services include:
COVALENT has a proven 360 degree approach for assistance in SOX Compliance
The COVALENT approach for internal control evaluation
Based on the COSO enterprise risk management framework and its associated risk maturity models, the COVALENT risk management approach enables the client organization to efficiently manage and optimize risk and control monitoring.