Finance Services
Your entire finance operation - outsourced, optimised, and running smoothly
What Is Finance Process Outsourcing?
Finance Process Outsourcing (FPO) means handing the operational running of your finance function to an expert team — not just the bookkeeping layer, but the full transactional and reporting infrastructure that keeps your business financially sound.
At FYNC, we manage three core finance cycles that form the backbone of any finance function:
-
Procure to Pay (PTP)
everything from purchase requisition to supplier payment
-
Order to Cash (OTC)
everything from customer invoicing to cash collection
-
Record to Report (RTR)
everything from transaction recording to financial reporting
What We Deliver
Procure to Pay (PTP)
We manage the full purchasing and payables cycle — ensuring every dollar spent is properly authorised, recorded, and paid on time.
- Purchase order creation and approval workflow management
- Supplier invoice processing and three-way matching (PO / GRN / Invoice)
- Accounts payable ledger management
- Supplier statement reconciliations
- Payment run preparation and authorisation support
- Vendor onboarding and master data maintenance
- Spend visibility reporting by vendor, category, and cost centre
Order to Cash (OTC)
We manage the full revenue and receivables cycle — ensuring your customers are invoiced accurately and your cash comes in on time.
- Customer invoice generation and dispatch (including InvoiceNow / Peppol e- invoicing)
- Accounts receivable ledger management
- Debtor ageing tracking and follow-up
- Collections management and escalation
- Cash receipts posting and allocation
- Customer statement reconciliations
- Revenue recognition support and deferred revenue tracking
- AR reporting — ageing, DSO, collection efficiency
Record to Report (RTR)
We manage the full accounting and reporting cycle — from daily transaction processing through to month-end close and management reporting.
- General ledger maintenance and chart of accounts management
- Bank and credit card reconciliations
- Intercompany reconciliations (for multi-entity structures)
- Month-end close management — accruals, prepayments, journal entries
- Fixed assets register and depreciation management
- Balance sheet reconciliations
- Monthly management accounts — P&L, balance sheet, cash flow statement
- GST / IRAS compliance — F5 return preparation and submission
- Year-end accounts preparation and audit support
FP&A Support
For clients who want analysis layered on top of the RTR function:
- Budget vs actuals variance reporting
- Rolling forecast updates
- KPI dashboard maintenance
- Management commentary and board pack preparation
Note: Full FP&A strategy and financial modelling is covered under the FP&A & Dashboards service. Backoffice FP&A support focuses on ongoing reporting delivery within an established framework.
HOW IT WORKS
A simple, founder -led process
From first conversation to ongoing engagement — clear steps, no surprises, no junior handoffs.
01
Process Diagnostic
We map your current PTP, OTC, and RTR processes — identifying gaps, inefficiencies, and compliance risks. This gives us the foundation to design a back-office model that fits your business.
02
Transition & Setup
We transition your finance processes to FYNC ownership. This includes platform configuration (Xero or Zoho Books), process documentation, data migration, and a structured handover period to ensure continuity.
03
Steady State Operations
FYNC runs the day-to-day. You receive outputs on an agreed schedule — daily transaction processing, weekly payment runs, monthly close and reporting — with a dedicated point of contact and clear SLAs.
04
Monthly Review
A monthly review meeting to walk through financial performance, flag anything requiring management attention, and confirm the next month’s priorities. You stay in control without being in the weeds.
Core FYNC capability
Who This Is For
- Growing SMEs whose in-house finance capacity hasn’t kept pace with transaction volumes
- Businesses with a finance lead or CFO who needs operational support below them
- Regional companies establishing a Singapore entity who want a finance function from day one
- Businesses going through a period of rapid growth, restructuring, or system migration
- Founders who want full financial control without building an in-house finance team
Our Services
Why FYNC for Backoffice
Pick a single service or run the entire finance stack with FYNC — all delivered directly by the founder.
CA-supervised, not outsourced to a call centre
Every process run by FYNC is supervised by a Chartered Accountant. You get institutional- grade quality control on your day-to-day finance operations — not a remote processing team working from a checklist.
End-to-end, not piecemeal
PTP, OTC, and RTR are interconnected. Managing them together under one roof eliminates the reconciliation gaps, communication failures, and month-end surprises that come from splitting these processes across multiple providers.
Built on your platform
We work within your existing Xero or Zoho Books environment. No forced migration, no proprietary system lock-in. Your data stays yours, on a platform you own.
Singapore-specific compliance built in
GST, IRAS, InvoiceNow / Peppol e-invoicing, ACRA-ready financials — Singapore regulatory requirements are embedded in every process we run, not treated as an afterthought.
Seamless escalation to CFO Advisory
Because the same firm handles both your back-office operations and your strategic finance function, there is no gap between the numbers and the decisions. Backoffice clients who need CFO-level input get it from the same team that already knows their books inside out.
Partnerships
Platforms We Work With
We partner with industry-leading platforms to deliver best-in-class financial and cloud solutions.
Xero
full PTP / OTC / RTR workflow management
Zoho Books
with Zoho ecosystem integration (CRM, Expense, Inventory)