Financial Services

Providing Financial and Accounting Services


Providing Financial and Accounting Services
Establishing a Strong Foundation

Since 2014, MAS Legato Finance Shared Services (FSS) has been dedicated to delivering financial and accounting services to 40 Strategic Business Units within the MAS Group. Our services cater to both local and international units, supporting their diverse financial needs.

Invoice To Pay


Our Invoice to Pay services are designed to elevate your business's financial efficiency and streamline operations. We take care of every aspect, starting with the moment invoices are received, all the way through meticulous validation, smooth approval routing, precise matching with purchase orders and receipts, and timely supplier payments. Trust in our Invoice to Pay services to empower your organization with improved accounts payable processes, enhanced financial transparency, stronger vendor relationships, and unwavering precision and compliance in all financial transactions.

1.4 Million

Invoices Processed for MAS Group in 2022

160,400

Payments Processed

94%

Payments Processed on Time

20,000

Vendors Onboarded and Managed

78%

Of the Invoices are Received Electronically

Record To Report


Our Record to Report solution is meticulously crafted to ensure your business achieves unparalleled accuracy and efficiency in its financial reporting processes. From data collection and validation to general ledger maintenance and financial statement preparation, we handle every aspect of the Record to Report life cycle with precision and expertise. With our dedicated team and cutting-edge technology, trust us to optimize your financial reporting, streamline compliance and provide invaluable insights for informed decision-making. Elevate your financial operations with our Record To Report service and experience the difference in financial clarity and control.

183,000

Journal Entries

7,896

Intercompany Reconciliations Completed

WD3

Period Closure

44

Business Units

Order to Cash


As a core offering in our financial services outsourcing portfolio, our Order to Cash solutions are designed to optimize your revenue cycle and cash flow management. From order processing and invoicing, to payment collection and account reconciliation, we handle every step of the Order to Cash process with precision and efficiency. Our dedicated team and cutting-edge technology ensure timely accurate invoicing, and swift cash collection. Experience improved financial liquidity, reduced operational costs and enhanced customer satisfaction with our Order to Cash services.

230

Global Customers

290, 000

Customer Invoices Processed

95%

On-Time Collections

Regulatory Reporting


Our Regulatory Reporting service ensures that your business remains compliant with ever-evolving tax regulations, allowing you to navigate complex tax landscapes with ease. Our team of tax professionals stay up to date with the latest tax laws, ensuring accurate filings and minimizing tax liabilities. Additionally, our comprehensive service involves coordinating with local suppliers and customers on tax-related activities, filing returns on VAT/SVAT/Stamp Duties/WHT, handling reconciliations with the general ledger and liaising with the Inland Revenue. Partner with us to streamline your tax reporting process, reduce risks and achieve peace of mind when it comes to tax compliance, all while freeing up your resources for strategic growth.

100%

Regulatory Compliance

700,000

Tax Invoices Processed

300

Tax Returns Filed

Financial Services

Providing Financial and Accounting Services


Providing Financial and Accounting Services
Establishing a Strong Foundation

Since 2014, MAS Legato Finance Shared Services (FSS) has been dedicated to delivering financial and accounting services to 40 Strategic Business Units within the MAS Group. Our services cater to both local and international units, supporting their diverse financial needs.

Invoice To Pay


Our Invoice to Pay services are designed to elevate your business's financial efficiency and streamline operations. We take care of every aspect, starting with the moment invoices are received, all the way through meticulous validation, smooth approval routing, precise matching with purchase orders and receipts, and timely supplier payments. Trust in our Invoice to Pay services to empower your organization with improved accounts payable processes, enhanced financial transparency, stronger vendor relationships, and unwavering precision and compliance in all financial transactions.

1.4 Million

Invoices Processed for MAS Group in 2022

160,400

Payments Processed

94%

Payments Processed on Time

20,000

Vendors Onboarded and Managed

78%

Of the Invoices are Received Electronically

Record To Report


Our Record to Report solution is meticulously crafted to ensure your business achieves unparalleled accuracy and efficiency in its financial reporting processes. From data collection and validation to general ledger maintenance and financial statement preparation, we handle every aspect of the Record to Report life cycle with precision and expertise. With our dedicated team and cutting-edge technology, trust us to optimize your financial reporting, streamline compliance and provide invaluable insights for informed decision-making. Elevate your financial operations with our Record To Report service and experience the difference in financial clarity and control.

183,000

Journal Entries

7,896

Intercompany Reconciliations Completed

WD3

Period Closure

44

Business Units

Order to Cash


As a core offering in our financial services outsourcing portfolio, our Order to Cash solutions are designed to optimize your revenue cycle and cash flow management. From order processing and invoicing, to payment collection and account reconciliation, we handle every step of the Order to Cash process with precision and efficiency. Our dedicated team and cutting-edge technology ensure timely accurate invoicing, and swift cash collection. Experience improved financial liquidity, reduced operational costs and enhanced customer satisfaction with our Order to Cash services.

230

Global Customers

290, 000

Customer Invoices Processed

95%

On-Time Collections

Regulatory Reporting


Our Regulatory Reporting service ensures that your business remains compliant with ever-evolving tax regulations, allowing you to navigate complex tax landscapes with ease. Our team of tax professionals stay up to date with the latest tax laws, ensuring accurate filings and minimizing tax liabilities. Additionally, our comprehensive service involves coordinating with local suppliers and customers on tax-related activities, filing returns on VAT/SVAT/Stamp Duties/WHT, handling reconciliations with the general ledger and liaising with the Inland Revenue. Partner with us to streamline your tax reporting process, reduce risks and achieve peace of mind when it comes to tax compliance, all while freeing up your resources for strategic growth.

100%

Regulatory Compliance

700,000

Tax Invoices Processed

300

Tax Returns Filed