Finance & Procurement Services

Is your business facing challenges with complex processes and rising operational costs? We simplify your financial and procurement operations, giving you peace of mind and empowering your business to transform.

Finance & Procurement Services

Explore the related services and solutions below.

Financial Insights

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Finance & Procurement Services

Finance services & solutions

Accounts Payable

Commercial Project Management (CPM)

Commercial Business

Master Data

Tax

Accounts Receivables (Cash Allocation)

Accounting and Closing Services

GL-Adapt

Tax-Sights™

Procurement services & solutions

Purchase Order

Sourcing and Contracts

Logistics Services

Site Admission Services

NextGenP2P™

Purchase Order Management Automation

Products & Services

Accounts Payable

Partnering with you to provide unparalleled service in the area of Accounts Payable.

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Key Highlights

We process manual and automated third-party invoices.

We provide automated inter-company clearing.

We ensure payment run and direct debit processes are executed.

Key Highlights

Experience flexibility across the entire project lifecycle. Our team provides dedicated project management support, ensuring every task is handled efficiently and thoroughly.

Say goodbye to the stress of financial project closure, warranty management, and SAP-related wrap-ups. Our experienced team ensures compliance with various business models, so you don’t have to worry.

We handle a wide range of administrative tasks so you can save time and focus on achieving your broader business goals.

No more juggling order bookings, FX hedging, and cash flow planning. Our Commercial Project Managers manage these crucial tasks during the project start-up phase.

Commercial Project Management (CPM)

Our Commercial Project Management (CPM) Support Services support you with your long-term projects by taking care of the administrative work while you can focus more on value-add tasks.

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Commercial Business

Commercial Business Services (CS) supports you with Controlling, Business Administration, or Business Intelligence topics to help you optimize your organizational setup.

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Key Highlights

We deliver best in class business administration, controlling and reporting services as well as process automation.

Our ability to understand your business culture allows us to develop tailor-made solutions for you.

Our expertise and proven track record with Siemens Energy and Siemens Corporation Support Functions has allowed us to be experienced with different business expectations.

Some of the benefits your business would receive from our services include process set-up and guidance as well as daily operations supported by respective IT solutions for reporting and contract management.

Key Highlights

We create and manage your business partner master data (customer and vendor), leaving you to focus on other important things.

Our service supervises SCM compliance management and collects onboarding documentation such as Code of Conduct along with other requirements, providing you with up-to-date information.

With maintenance of sensitive data, fraud prevention and cyber security conformity, you get to feel at ease knowing our team of experts are constantly monitoring these topics.

Supporting you with automation and optimization, we utilize technical platforms and company solutions for your master data processes.

Master Data

Master Data Services (MD) provides you with a variety of support to assist you with your master data needs such as compliance management, automation, and data assistance to name a few.

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Tax

Our Financial Tax Services (TX) supports you with your tax needs through our various services to help ease the tax process for you.

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Key Highlights

We assist you with compliance activities for indirect tax including controlling correct tax rates, deducting input tax and monthly VAT return for all Siemens entities.

Taking away the stress of merging financial data sets for you, we assist you in data processing and tool management.

We support you with Activity Split maintenance, your audit and specific local tax requirements.

Relieving you from having to handover data to external tax advisors and local authorities, we take care of that for you.

Key Highlights

We are subject matter experts well versed in all audits both internal and external.

Our team understands how business is measured through metrics such as “Mind the Cash”, AR Turnover and Reducing Bad Debt expenses (not commercial negotiated settlements).

We implement integrated dispute management processes that allow for accurate reporting, tracking and resolution of issues with root cause analysis.

We carry out strict monitoring of processes through RIC tools.

Accounts Receivables (Cash Allocation)

Our team of risk control and subject matter experts are ready to help you achieve timely and efficient payment handling through our Accounts Receivables (Cash Allocation) services.

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Accounting and Closing Services

Our Accounting Closing Services (AC) assists you with your financial closing and empowers you to be fully automated directly within SAP and other platforms.

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Key Highlights

We enable you save time, decrease your risks, standardize, and automate processes as well as track successes by KPIs.

We are your partner with Smart Close and offer consulting services for organizing and automating your Closing processes.

Our in-depth experience in a diverse system landscape allows us to help drive your project of financial closing implementation to success.

We have established processes to work in different organizational structures to assist you based on your company needs.

Key Highlights

Offers various metrics and utilizes machine learning algorithms to allow you to see cash flow impacts and view future ending balances.

GL-Adapt modules update forecasts monthly, providing notifications of anomalous transactions and working capital needs.

Our tool allows you to improve financial performance by enabling efficient allocation of resources.

Increase reliability and accuracy by handling large volumes of transactions and forecast modules simultaneously.

GL-Adapt

Adapting digital solutions to meet your general ledger needs.

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Tax-Sights™

Empowering Customers with Value-driven Tax Insights through a Transparent End-to-End process

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Key Highlights

Offers action-oriented service to address potential dispute risks, customer master data quality issues or other unknown risks that may arise.

Manages and monitors alerts success with proactive communication.

Improves the tax certification capture rate, providing transparency into state refund status.

Provides actionable KPIs through alerts to prevent disputes and overpayments before they happen.

Key Highlights

We handle all your purchase order processing activities, so you can stay focused on strategic and value-added tasks.

We serve you in both the direct and indirect materials area.

We leverage our e-ordering tools to automate purchase order processing.

We provide solutions that work to efficiently manage any exceptions that occur in operations.

Purchase Order

Offering centralized and standardized purchase order (PO) processing with an extensive end-to-end portfolio.

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Sourcing and Contracts

We execute category management, sourcing and supplier management in the most efficient way, while streamlining operations through digital supplier integration and robotic process automation.

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Key Highlights

We assist with the creation, upload and maintenance of documents in various applications.

Our Purchase-to-Pay (P2P) analytics help you explore new P2P opportunities both internally and externally.

We offer support with sourcing processes around the globe providing the opportunity for suppliers to increase their efficiency.

Our application helpdesk services combine both human and digital workforce elements.

Key Highlights

Through customer co-creation, we analyze value streams and provide recommendations with a variety of scenarios.

We have extensive reliability and project predictability based on more than 40 years of experience.

We use business intelligence for centralized reporting, compliance in all process steps and audit-safe documentation.

We connect the dots through an end-to-end digital supply chain utilizing advanced technology that puts know-how to work.

Logistics Services

Our logistics services provides your business with end-to-end solutions for all of your logistics needs.

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Site Admission Services

We provide full-scale documentation control to ensure resources and suppliers comply with regulatory and customer-specific requirements to secure site access and operations.

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Key Highlights

Our experts collaborate with Project Managers daily, ensuring efficiency, compliance, and project success from start to finish.

We manage the entire process of gathering and submitting required documentation to external clients.

We ensure supplier and contractor compliance, minimizing risks and optimizing operational efficiency.

Our tool Check-IN automates and streamlines entry requests, letting you select and track required documentation in real time.

Key Highlights

NextGenP2P handles high performance purchase order and invoice processing.

We focus on collaborative workflows by leveraging digital technologies.

NextGenP2P works to improve efficiency, accuracy and processes for your team.

Our platform is integrated in a seamless and intelligent technology and service landscape.

NextGenP2P™

Through real-time enterprise resource planning (ERP) integration and flexible functionalities, NextGenP2P supports improved process efficiencies and valuable data visibility in the purchase-to-pay (P2P) area.

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Purchase Order Management Automation

Streamline your operations and enhance your supplier lead time and performance with the Purchase Order Management Automation (POMA) tool.

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Key Highlights

Automating your purchase order to assist you in tracking process by displaying all the information at one place.

We decrease missing order confirmations by consolidating and displaying the open items on a live basis.

Reduce your purchase order (PO) confirmation time thorugh notifications and reminders to the stakeholders

Finance & Procurement Services

Finance & Procurement Services

Financial Insights

Finance & Procurement Services

Finance services & solutions

Procurement services & solutions

Products & Services

Accounts Payable

Key Highlights

Key Highlights

Commercial Project Management (CPM)

Commercial Business

Key Highlights

Key Highlights

Master Data

Tax

Key Highlights

Key Highlights

Accounts Receivables (Cash Allocation)

Accounting and Closing Services

Key Highlights

Key Highlights

GL-Adapt

Tax-Sights™

Key Highlights

Key Highlights

Purchase Order

Sourcing and Contracts

Key Highlights

Key Highlights

Logistics Services

Site Admission Services

Key Highlights

Key Highlights

NextGenP2P™

Purchase Order Management Automation

Key Highlights

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