In keeping with the motto of delivering "Best in class Services & Solutions", we are moving into the realm of a new era of "Capability as a Service", where we strive to deliver an impressive array of solutions and services. Our key focus is to deliver excellence in an efficient and optimum environment that will provide unmatched value to our clients. Below is a brief description of the services we are currently delivering.
One of our core areas of service delivery encompasses Transactional Finance, where we are engaged in ensuring we deliver the following transactional elements of the business for our Tata Steel Ltd. and some of its group companies - Accounts Payable-Procure to Pay (P2P), Accounts Receivable -Order to Cash (O2C) and Record to Report (R2R).
As a part of Closing & Accounts consolidation, we ensure timely and accurate close of financial statements at each balance sheet date.
We deliver mid-office and back-office activities for the practices involving mitigation of financial risks related to FX and commodity rate changes by utilizing hedging methods, leveraging forward exchange contracts or currency options. Companies are exposed to market risk. Market risk derives from market prices and rates volatility, such as commodities, interest rates, and FX rates. A change in any of these market factors can significantly impact your company’s cash flows, so the treasury front office team of Tata Steel by use of various hedging instruments mitigates the risk associated with these items, the mid/back office team validates the transactions, monitors the cashflow, compliances & reporting associated with the entire hedging operations.
Business Finance or the Corporate Finance manages the financial resource allocation, forecasts, opportunities for financing in areas like equity and debt etc.
We deliver actionable Management information report in the areas of working capital for enabling decision-making, control and analysis of information in the organization.
