Back-office Operations
3i Infotech leverages innovation, technology, best practices, and cross-functional domain expertise to provide organizations with cost-effective, high-quality back-office support across a wide range of business areas—from transactions to retail operations to financial analyses. Our Back-office Operations for the banking, insurance, telecom, and logistics sectors help you reduce risks and grow your business.
Our executives deliver best-in-class, end-to-end services across the following functions:
- Accounts payable Includes a wide range of Accounts Payable services such as supplier master maintenance, order management, supplier invoice management, purchase order processing, payment processing, reconciliation, etc.
- Accounts receivable Includes the entire gamut of Accounts Receivable services like customer master maintenance, billing, collection of payments, dispute resolution, banking and cash application
- Payout management Includes end-to-end payout activities across shares, bonds, Employees Stock Option Scheme, securitization, etc.
- Reconciliation Services covered are gathering and reassigning, refining, reconciliation, consolidation, analysis and reporting, processing, etc.
- DEMAT/REMAT operations Comprehensive, cutting-edge services for end-to-end processing of new applications, request processing services for share dematerialization & rematerialization, account modification, etc.
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- Retail operations Includes a range of retail services like account opening and management, payments and settlement, and billing
- Fund accounting Comprehensive investment back-office services for investment managers: trade settlements, holding maintenance, fees accruals, performance measurements, custodian and bank reconciliation, maintaining reference data, day-end valuations, corporate actions and income accruals, presentation of detailed reports, etc.
- Claims processing Covers the entire insurance cycle from new client acquisition to claims processing, ranging up to asset management. Also includes management of IT infrastructure, business processes, and human resources
- MIS and reporting Accurate and detailed MIS reports circulated to all stakeholders
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Key business benefits of 3i Infotech Back-Office Support
3i Infotech’s Back-office Operations help your organization derive substantial business benefits:
- Simplified and efficient financial operations and enhanced ability to handle large volumes of transactions
- Exceptional service standards and adherence to stringent regulatory guidelines
- Significantly better TAT, enabling you to meet critical client commitments and SLAs in time
- Happier clients and improved client retention
- Dramatic reduction in cost and processing cycle time, with standardized and streamlined processes
- Incisive insights for better decision-making via real-time MIS/reporting
- High level of data security and expert IT support
The 3i Infotech advantage
3i Infotech’s Back-office Operations follow our PACE mission (Prompt, Accurate, and Cost-effective services) and offer the best in terms of resources, processes, and people:
- Cost-effective business solutions via a hub-and-spoke connectivity model that enables a wide geographic reach
- Customized workflow applications for managing end-to-end processes with a lower Total Cost of Ownership
- Assured accuracy and quality
- Access to our proven expertise in the financial services sector
- A large, skilled resource pool with deep domain knowledge
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