Modernize your finance and accounting operations
<p>Build a proactive finance function with AI, analytics and automation that power better decisions.</p>
"Mounting costs are putting pressure on finance performance."
"Changing regulations increase risk and reporting complexity."
"Disconnected systems limit visibility across the enterprise."
What is holding your finance function back? Identify the barriers limiting agility, insight and growth.
"Transactional work keeps teams focused on yesterday."
"Slow insights make it harder to anticipate what comes next."
Hexagon
Our work with EXL has enabled us to unlock the power of data, improve decision-making and build a stronger foundation for future growth.
Sephora
If I look down the road 5 to 10 years, I have no idea where technology and all the business stuff is going to land. But I do have a high degree of confidence that EXL as a partner will help us figure that out and help us get there.
Transform finance from transactional to strategic
Teaming with <br><span class="wm-orange-text">top partners</span>
VIEW ALL
Awards and recognition
View All
Finance and accounting FAQs
Still have questions?
Our team is ready to help you reimagine and optimize your operations
Connect with our experts
Finance and accounting outsourcing (FAO) means partnering with a specialist provider to manage core F&A processes - from transactional work like accounts payable and reporting to strategic functions like financial planning and compliance. It's a fit for organizations looking to reduce costs, improve process efficiency, access advanced analytics, and free internal teams to focus on higher-value work. EXL's F&A services combine domain expertise, AI, and automation to help companies at any stage of their transformation journey.
AI improves finance and accounting by automating high-volume transactional tasks (invoice processing, reconciliations, journal entries), detecting anomalies and fraud risks in real time, accelerating close cycles, and enabling predictive financial modeling. EXL applies AI and advanced analytics across the finance function to surface faster, deeper insights - moving teams from reactive reporting to proactive, data-led decision-making.
EXL provides end-to-end finance and accounting services across three core areas: Finance Transformation (building agile, data-led operating models), Data-Driven Finance (using analytics and AI to improve growth and profitability), and Corporate Accounting (covering treasury, procure-to-pay, financial reporting, and order-to-cash). These are supported by deep domain expertise, automation, and a Gartner-recognized delivery model.
Finance process outsourcing (FPO) typically focuses on operational efficiency — moving transactional work to a lower-cost model. Finance transformation is broader: it redesigns the operating model, infuses AI and analytics into the function, aligns finance to strategic business goals, and positions the CFO's team as a driver of growth rather than a recorder of results. EXL delivers both, with a transformation-first approach that ensures outsourcing investments compound over time.
CFOs most commonly cite five barriers: rising costs that compress finance performance, increasing regulatory complexity, disconnected systems that limit enterprise-wide visibility, teams stuck in transactional work rather than strategic analysis, and the inability to generate fast, actionable insights. EXL's finance and accounting services are designed to address all five - using AI, automation, and integrated data to remove each constraint systematically.
Timelines vary based on scope, starting point, and organizational complexity. Targeted process improvements — such as automating accounts payable or accelerating financial close — can show results in months. Full finance transformation engagements, which redesign the operating model and embed AI and analytics across the function, typically unfold over 12–36 months in phased stages. EXL structures engagements to deliver measurable value at each phase rather than requiring organizations to wait for a single large-scale rollout.
EXL applies rigorous controls across all finance and accounting engagements, including data governance frameworks, role-based access, auditability, and support for regulatory requirements such as SOX, IFRS, and GAAP. Our processes are designed to adapt to evolving regulatory environments - so as compliance requirements change, the controls and reporting frameworks EXL manages evolve with them, reducing risk for your organization.
EXL delivers finance and accounting services across a wide range of industries, including banking and capital markets, insurance, health and life sciences, retail and consumer products, energy and utilities, and business and technology services. Our solutions are tailored to the regulatory, operational, and competitive dynamics of each sector, ensuring that industry context is embedded in every engagement - not treated as an afterthought.
Still have questions?
Our team is ready to help you reimagine and optimize your operations
Connect with our experts
You might also explore
Extend AI with data, analytics, and platforms built to scale.
Customer Experience
<p>Deliver personalized experiences that stand apart with data, automation,...
Explore more
Risk and Compliance
<p>Driving resilient growth with intelligent risk insights, trusted governa...
Learn morework smarter
Build a proactive finance function that delivers insight, efficiency and growth.
Get in touch