Veracity Services

Veracity Services

We strive to deliver the best value by optimising every transaction we process and every customer interaction we perform to assure the best outcome for our clients.

See How We Work →

See How We Work →

Finance and Accounting

Finance and Accounting

We leverage decades of experience in finance transition and transformation to provide value to corporates, SME's, selected private/public companies, Accounting firms and Shared and Global Business Services.

Procure to Pay

Purchase orders / Accounts Payables /Supplier management

Procure to Pay

Purchase orders / Accounts Payables /Supplier management

Tax

Taxation Prep & lodgement/ Planning & reconciliation

Tax

Taxation Prep & lodgement/ Planning & reconciliation

Tax

Taxation Prep & lodgement/ Planning & reconciliation

Tax

Taxation Prep & lodgement/ Planning & reconciliation

Order to Cash

Invoicing/Accounts Receivable / Debt collection

Order to Cash

Invoicing/Accounts Receivable / Debt collection

Order to Cash

Invoicing/Accounts Receivable / Debt collection

Order to Cash

Invoicing/Accounts Receivable / Debt collection

Digitisation / Process Optimisation

Process re-engineering/Intelligent automation/RPA

Digitisation / Process Optimisation

Process re-engineering/Intelligent automation/RPA

Digitisation / Process Optimisation

Process re-engineering/Intelligent automation/RPA

Digitisation / Process Optimisation

Process re-engineering/Intelligent automation/RPA

Record to Report

Financial Accounting/General ledger /MIS/Reporting/Recons

Record to Report

Financial Accounting/General ledger /MIS/Reporting/Recons

Record to Report

Financial Accounting/General ledger /MIS/Reporting/Recons

Record to Report

Financial Accounting/General ledger /MIS/Reporting/Recons

Financial Control

Budgeting/Forecasting/CAPEX /Compliance/IFRS/HFM/Board packs

Financial Control

Budgeting/Forecasting/CAPEX /Compliance/IFRS/HFM/Board packs

Financial Control

Budgeting/Forecasting/CAPEX /Compliance/IFRS/HFM/Board packs

Financial Control

Budgeting/Forecasting/CAPEX /Compliance/IFRS/HFM/Board packs

Digital CFO

Digital CFO

Business digitalisation has become essential to stay competitive. CFOs need to go beyond their traditional role and become business partners. Finance Leaders are prioritizing digitization to achieve this objective, partnering with experts to navigate through the complexities and build the right plan, select suitable technologies, and provide the necessary expertise to implement projects.


A successful digitization program can benefit from reduced costs, better decision-making, minimized risks, and improved compliance.

Process Re-Engineering

Process Re-Engineering

Hyper Automation

Business Intelligence Dashboards

Ready to transform your finance function?

Ready to transform your finance function?

Ready to transform your finance function?

Let's discuss how digitalization can drive better outcomes for your business

Book a Discovery Call →

Let's discuss how digitalization can drive better outcomes for your business

Case Studies

Case Studies

Finance and Accounting Outsourcing​

Finance and Accounting Outsourcing​

Consumer goods

First-time outsourcing (US)

First-time outsourcing (US)

THE SITUATION​

US tea solutions company: board mandate to outsource core finance functions.

US tea solutions company: board mandate to outsource core finance functions.

THE SOLUTION​

Order to cash, procure to pay and inventory run offshore, plus costing and margin analysis.

Order to cash, procure to pay and inventory run offshore, plus costing and margin analysis.

KPIs IMPACTED

Days outstanding improved

Days outstanding improved

Costing accuracy up

Costing accuracy up

Order to cash

Order to cash

Procure to pay

Procure to pay

Inventory

Inventory

Accounting firm

Full back-office (Australia)

Full back-office (Australia)

THE SITUATION​

Brisbane firm, 120+ clients: board mandate to outsource finance processes.

Brisbane firm, 120+ clients: board mandate to outsource finance processes.

THE SOLUTION​

Bookkeeping, subledgers, payroll and superannuation, tax lodgement and monthly reporting.

Bookkeeping, subledgers, payroll and superannuation, tax lodgement and monthly reporting.

KPIs IMPACTED

40% process efficiency gain

40% process efficiency gain

More client capacity

More client capacity

Bookkeeping

Bookkeeping

Payroll

Payroll

Tax and reporting

Tax and reporting

Chartered accountants

Offshoring (UK)

Offshoring (UK)

THE SITUATION​

London media, property and retail firm: needed offshore capacity and talent access.

London media, property and retail firm: needed offshore capacity and talent access.

THE SOLUTION​

Year-end accounts under FRS 102 and 105, corporation and personal tax, CCH to IRIS migration.

Year-end accounts under FRS 102 and 105, corporation and personal tax, CCH to IRIS migration.

KPIs IMPACTED

Costs optimized

Costs optimized

Working papers standardized

Working papers standardized

Accounts prep

Tax lodgement

Migration

Scale, support and controllership​

Scale, support and controllership​

Australian Fitness Equipment Company

Scale support (Australia)

Scale support (Australia)

THE SITUATION​

World’s second largest supplier: scaling across boutique and big-box retail.

World’s second largest supplier: scaling across boutique and big-box retail.

THE SOLUTION​

Order to cash and procure to pay: invoicing, purchase orders, shipment tracking, replenishment.

Order to cash and procure to pay: invoicing, purchase orders, shipment tracking, replenishment.

KPIs IMPACTED

Processes streamlined

Processes streamlined

Compliance deadlines met

Compliance deadlines met

Order to cash

Order to cash

Procure to pay

Procure to pay

Stock control

Stock control

Australian Fintech Company

Finance MIS support (Australia)

Finance MIS support (Australia)

THE SITUATION​

Xero-integrated workbook startup: needed dashboard build and go-to-market support.

Xero-integrated workbook startup: needed dashboard build and go-to-market support.

THE SOLUTION​

Dashboard build and testing, help desk resolution, plus AR, AP, BAS and reconciliations.

Dashboard build and testing, help desk resolution, plus AR, AP, BAS and reconciliations.

KPIs IMPACTED

Customer support streamlined

Customer support streamlined

Founder bandwidth freed

Founder bandwidth freed

Dashboards

Dashboards

Help desk

Help desk

AR and AP

AR and AP

Saudi Energy Company

Controllership (Saudi)

Controllership (Saudi)

THE SITUATION​

Listed group, 60+ plants, 16 countries: board mandate to outsource controllership.

Listed group, 60+ plants, 16 countries: board mandate to outsource controllership.

THE SOLUTION​

Full controllership from 2021: AP, AR, GL, payroll, tax, intercompany, close and audit support.

Full controllership from 2021: AP, AR, GL, payroll, tax, intercompany, close and audit support.

KPIs IMPACTED

Costs optimised

Costs optimised

Group close standardised

Group close standardised

Controllership

Intercompany

Audit

Data Annotation

Veracity offers high quality image annotation services for Al and machine leaming companies that requires accurate and reliable raining dats which can be used to optimise machine learning alganthms

We deploy a range of techniques to ensure accurate application of information to Al training Images. Our apporch reflects the divercity of the real world by implementing the following techniques

Bounding box annotation

Polygon annotation

Semantic segmentation

Key points annotation

Skeletal annotation

Instance segmentation

Image tagging and labeling

Image annotation services

Video annotation services

Text annotation services

Product categorisation

Content moderation services

Image segmentation

Bounding box annotation

Polygon annotation

Semantic segmentation

Key points annotation

Skeletal annotation

Instance segmentation

Image tagging and labeling

Image annotation services

Video annotation services

Text annotation services

Product categorisation

Content moderation services

Image segmentation

Bounding box annotation

Polygon annotation

Semantic segmentation

Key points annotation

Skeletal annotation

Instance segmentation

Image tagging and labeling

Image annotation services

Video annotation services

Text annotation services

Product categorisation

Content moderation services

Image segmentation

Bounding box annotation

Polygon annotation

Semantic segmentation

Key points annotation

Skeletal annotation

Instance segmentation

Image tagging and labeling

Image annotation services

Video annotation services

Text annotation services

Product categorisation

Content moderation services

Image segmentation