Improving Monetary Processes for an Industrial Client

A manufacturing client required centralized financial services to streamline accounting, payroll, and expense management. NAVA’s Shared Services model optimized financial operations, improving accuracy and efficiency.

Our Approach

  • Centralized Financial Operations: NAVA established a Shared Services Center (SSC) to consolidate accounting, payroll, and expense management.
  • Process Automation: Integrated AI-driven financial tools to automate invoicing, reconciliation, and payroll processing.
  • Compliance & Governance: Ensured adherence to regulatory financial standards and internal audit protocols.

Results

  • 30% Reduction in Processing Time: Streamlined processes reduced the time needed for accounting and payroll tasks.
  • Enhanced Accuracy: Standardized workflows minimized errors and improved data consistency across financial reports.
  • Improved Financial Transparency: Centralized services provided the client with real-time financial insights, supporting better decision-making.