Accounting

We deliver full suite accounting services to public and private companies shortening close cycles, increasing accuracy, and lowering risk from noncompliance and inaccurate reporting.

Our Approach

We are experienced in all ERP systems, routinely work in multi-currency environments, and have broad statutory expertise to ensure continual compliance in any jurisdiction.

With our strong mix of financial and systems expertise and a solution-driven approach, we can hit the ground running for all of your needs – big or small.

  • Available 24/7 via a single point of contact
  • All Accountants hold bachelors degree or higher
  • Managers are CPAs, CAs with minimum controller-level experience
  • Our Team goes through consistent education and training programs to ensure country level compliance as we keep you up-to-date with regulatory changes, review financial statements for local GAAP compliance, and aid local language regulatory filings
  • Proven expertise in designing business processes that reduce accounting errors and increase standardization
  • Robust documentation to help improve compliance and reduce errors
  • A hybrid onsite-nearshore-offshore model
  • Broad experience in best of breed technology systems from ERP to Payroll
shutterstock_189056270
Case Study: Setup full finance operation at Rhapsody in just 45 days after Spin Off
Think of us as not as your Accountants but as your favorite problem solvers.

Order to Cash

Our proprietary tools and processes are proven to reduce Days Sales Outstanding (DSO) and credit risk exposure while improving cash flow forecasting. Our approach is to create simpler, more standardized processes.

Services include:

  • Master Data Management/Contract Administration
  • Sales order audit and processing
  • Client invoicing and collections
  • Electronic Invoice Presentment and Payment (EIPP)
  • Cash applications
  • Deductions Management/Exception Management and handling of client queries
  • Dispute Management
  • Order-to-cash analytics

Impact:

  • Improved operational efficiency allowing your core teams to focus on strategy and decision making
  • Optimal DSO levels give better cash flow
  • Accurate receivables processing, significantly lower cost to collect
  • Accurate reporting and real-time visibility allows you to better predict credit risk exposure
shutterstock_189056270
Case Study: Setup full finance operation at Rhapsody in just 45 days after Spin Off
Our auditors discovered that they could ask us for things in late afternoon and get all their answers first thing in the morning. It’s great to see how much can be accomplished while we’re asleep — Rhapsody

Procure to Pay

We help you get full control, tracking and visibility over the entire life-cycle of a transaction while ensuring robust governance and compliance with your policies, and vendor contracts.

Services include:

  • Vendor management, electronic payment setup
  • Purchase order, receiver, invoice processing
  • Vendor payments, statement reconciliations, and handling of vendor queries
  • Travel and expense reports auditing, processing, and payments
  • Month end accruals and audit support
shutterstock_189056270
Case Study: Setup full finance operation at Rhapsody in just 45 days after Spin Off
Outsourcing P2P can create business impact beyond direct cost savings by addressing the pain-points in buyer’s financial supply chain.

Payroll

Global Upside has the expertise and knowledge to deliver high quality payroll services across the globe. Our approach is customized to meet your needs.

Services includes:

  • Standardized reporting and analysis
  • Data gathering, validation, migration, documentation, parallel payroll and go live
  • Periodic payroll processing
  • Quarterly reviews and reconciliations of all taxes withheld
  • Help with SOX, Internal audit
  • Internal payroll audit, external audit support, payroll tax payments, money movement, payroll tax filings

Expertise:

  • Payroll compliance and training
  • Proficiency in virtually all systems – ADP, Capterra, Celargo, Ceridian, Intuit, Paychex, Safeguard, Sage, Workday and more
  • Dedicated single point of contact for all locations

Click here for more information on our Payroll Services.

shutterstock_189056270
Case Study: Transition to Centralized Global Payroll 2X Faster
Global Upside helped centralize payroll for 8 countries and 230+ employees, moving from several service providers across different countries to a single system, single Vendor model.

Record to Report

Services include:

  • Chart of accounts maintenance, master data maintenance, cash management and banking
  • Reconciliations, accounting, intercompany accounting, period end close
  • Variance analysis and explanations
  • Financial, tax, management and regulatory reporting, compliance, etc.

Impact:

  • Faster time to close
  • Clearly defined and documented processes
  • Better transparency in operations, control, and compliance
  • Robust audit support
shutterstock_189056270
Case Study: Setup full finance operation at Rhapsody in just 45 days after Spin Off
Quality on a consistent basis is not easy to achieve, and Global Upside has accomplished it. — Rhapsody