Since the onset of 21st century, globalization and development of new technologieshave shifted the focus of companies to concentrate of cost optimization without compromising on effectiveness and efficiency. Shared service models have witnessed a series of evolution from being delivery centres of cost reductionby operational excellence to becoming multi-functional value drivers through process innovation. Finance shared service centres drives significant gains in terms of process efficiency and economies of scale.

Mynd’s Shared Service Centre offers a unique blend of Front end and backend office coupled with services and technology platforms expanded to capture Mobility, Analytics, and Cloud opportunities.

Enabled by rapid advances in technology, the drive to achieve world-class performance standards is resulting in innovative structures, strategies, and simple solutions to complex business problems. Mynd’s Shared Service Centre has the capability to handle specific operational tasks and transactional issues in Finance and Accounting domain through technology and automation. We work as multi-functional unit that is dedicated to a centralized point of service.

Blending with the right mix of technology, we create customized processes as per the specific needs of business with a focus to improve efficiency and add value to the overall system. Financial reporting and control activities are enhanced by concentrating specialized skills and knowledge within centres of excellence (COE’s)

Centre of Excellence

Single window service & create centers of excellence

Keep up with the Market

Evolve with market and company needs

Efficient System

Drives efficiency and business outcomes

Consolidation

Consolidation of F&A Processes in SSC

Shared Supervision

Shared Supervision layers at the back end to cut on the overlay

Standardization

Standardization of Processes across functions & geographies

Automation

Deployment of automation tools to eliminate manual steps

AI and Robotics Process Automation

Identification of opportunity areas to deploy robotics & Measure to deliver on Improvements

Our client is a leading multi-brand restaurant company with ~200 stores across PAN-India. It is one of the major players in operating and managing food courts at various airports in India. The client was facing the issue of delayed vendor payments, leading to disputes and disruption in supplies. This was compelling it to procure material at store level from unauthorized vendors at higher price and lower quality. This was not only leading to cash flow & working capital issues, but also increased the risk of revenue & inventory pilferage. The lack of transparency & visibility on invoice processing lifecycle was impacting vendor relationships and the company's credit worthiness in the market.

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Testimonials

What clients say

Country Head HR

of a US based MNC that produces test and measurement equipment and software

“This is in appreciation of our association with Mynd Integrated Solution Pvt. Ltd. As a recipient of their Payroll Processing services along with Leave & Attendance administration (through SaaS based HRIS tool). We would like to place our recommendation for employing Mynd Integrated Solutions Pvt Limited as your service provider.”

General Manager HR

of a non-for profit company incorporated in 2002 by the Government of India and NASSCOM

“Mynd Integrated Solutions Pvt Limited handles the Payroll Administration and provide HRIS software for our 650 plus employees spread across locations PAN India. We wish to recognize Mynd Integrated Solutions Pvt Limited as a value adding service provider for us; and would like to place our recommendation for employing Mynd Integrated Solutions Pvt Limited as your service provider for managing payroll and it’s related functions.”

Chief Financial Officer

A Leading Indian Telecom Infrastructure Industry

Mynd Integrated Solutions Pvt Limited is providing Satisfactory Services for our Project in the following areas- Automated Employee Lifecycle thru Employee Information Portal, Leave and Attendance Module, Travel and Expense Management, Compensation & Retirals Benefit Administration and Help Desk along with Defining Process Flows for Leave and Attendance, Travel and Expense Claim, Payroll Approvals in e HRIS application. Mynd has successfully implemented Vendor Business Process Management (Purchase to Pay Application) on VBPM Application.

Manager HR & Admin

A Global Company offering English Language Testing Services

We appreciate the services of Mynd Integrated Solutions Pvt Limited on providing accurate and timely payroll. This includes TDS calculation, Statutory Compliances, IT return file, employee final settlements and understanding of our time to time MIS requirements.