Finance and Accounting Outsourcing Services

Order to Cash Services

Auxis manages the full range of customer facing and transactional activities, ensuring a high degree of process efficiency and customer satisfaction:

Customer Relationship Management: Establishing and maintaining customer information, and performing customer service related activities
Order Processing: customer order entry through fulfillment, document management, and verifying customer payment processes
Billing: invoicing customers according to established terms
Credit and Collections: establishing and maintain customer credit limits, aging analysis, collecting customer payments and bad debt management according to established terms
Cash Application: payment processing and account application, reconciliations and investigating remaining balances and unapplied cash according to established policies

Procure to Pay Services

Auxis manages the full range of procurement related activities, increasing visibility over product availability and vendor performance, and reducing operating costs:

Supplier Relationship Management: establishing and maintaining supplier information, establishment of payment and delivery terms, managing disputes, conducting spend analysis and vendor performance analysis
Purchase Order Processing: managing vendor quotes and bids, purchase requisitions, blanket orders, document management, purchase order approvals and PO processing, and policy compliance
Accounts Payable: vendor invoice processing from receiving through approvals, managing vendor payment discounts, payment processing and application, and account and payment reconciliation
Expense Processing: expense payment approvals, document management, expense payment processing and application

General Accounting Services

Auxis manages the full range of customer facing and transactional increasing organizational focus on higher value, strategic and risk mitigation activities:

General Ledger: transaction posting, reviewing and processing journal entries and adjustments, credit and debit processing, and account reconciliations
Intercompany Accounting: managing due-to and due-from transactions, allocations, processing credit and debit memos, and resolving out-of-balance conditions
Closing: subsidiary account closings, period end journal entries and adjustments, transaction posting, account analysis, account reconciliations, adjustments and corrections, production of management reports and financial statements
Bank Reconciliation: bank statement reviews, identifying and reconciling deposits and payments, balance differences, deposits in transit, checks outstanding, credit and debit memoranda, bank fees and service charges, errors, etc.
Fixed Asset Accounting: identifying and maintaining fixed asset inventories, asset depreciation and disposal, capital expense budget management
Statutory Reporting and Tax Filings: preparing and issuing federal, state and local statutory reports and tax filings
Management Reporting: preparing and issuing periodic financial and management reports, including balance sheets, income statements, aging reports, departmental performance and KPI reporting, etc.