Record to Report (R2R)
Elevate accuracy, speed, and insight across your R2R cycle
We streamline R2R processes through standardized close, automated reconciliations, and accurate reporting – delivering faster, audit‑ready financial outcomes.
Elevate value outcomes with our services
General Ledger Accounting
We deliver accurate, compliant general ledger operations with strong controls – supporting multi‑entity environments, audit readiness, and reliable financial reporting.
- Journal Entry Processing
- GL Posting & Maintenance
- GL Sub-ledger Reconciliation
- Month-End & Year-End Closing
3–7 days
GL Close Cycle Time
98–99%
Journal Entry Accuracy Rate
<5 per month
Number of Manual Adjustments
Fixed Assets Accounting
We manage the complete fixed asset lifecycle with automated tracking, compliant depreciation, and audit‑ready reporting – improving control, accuracy, and asset transparency.
- Asset Master Data Management
- Depreciation Processing
- Capitalization & Disposal
- Physical Verification Support
98–100%
Asset Capitalization Accuracy
99%
Depreciation Accuracy Rate
100%
Fixed Asset Reconciliation Timeliness Within Close Cycle
Intercompany Accounting
We streamline intercompany accounting through standardized processing, automated reconciliation, and compliant eliminations – supporting faster group close and reduced intercompany risk.
- Intercompany Transactions Recording
- Reconciliation & Confirmation
- Transfer Pricing Adjustments
- Netting & Settlement Support
>95%
Intercompany Reconciliation Rate
2–5 days
Intercompany Dispute Resolution Time
70–90%
Automated Matching Rate
Bank & Balance Sheet Reconciliation
We deliver accurate, automated reconciliations with strong controls – reducing risk, improving audit readiness, and supporting a faster, reliable close.
- Bank Reconciliations
- Balance Sheet Account Reconciliation
- Open Item Management
- Reconciliation Audit Support
2–3 days
Bank Reconciliation Completion Time
<2%
Unreconciled Items %
>98%
Balance Sheet Reconciliation Accuracy
Accruals & Provisions Management
We deliver accurate, policy‑aligned accruals and provisions through strong controls, automation, and audit‑ready documentation – supporting a predictable and compliant close.
- Month-End Accruals
- Reversals & Adjustments
- Provisions for Risks
95–98%
Accrual Accuracy Rate
<5%
Late Accrual Entries %
<10% variance
Variance to Actuals
Financial Reporting
We deliver accurate, compliant financial reports through automated, stakeholder‑aligned reporting – supporting timely close, transparency, and confident decision‑making.
- Trial Balance Review
- Management Reporting
- Consolidation Reporting
- Budget vs. Actuals
>95% on-time
Report Timeliness
98–99%
Report Accuracy Rate
85–90%
Management Report Adoption Rate
Statutory & Regulatory Reporting
We deliver accurate, compliant statutory and regulatory reporting across jurisdictions – supporting audit readiness and reducing regulatory risk through centralized governance and local expertise.
- Local GAAP/IFRS Reporting
- Tax Reporting Support
- Regulatory Filings
- Liaison with Auditors
>95% on-time
Statutory Filing Timeliness
>98%
Regulatory Compliance Rate
97–98%
Country-Specific Filing Accuracy
Consolidation & Close Management
We support efficient group consolidation and close through automated processes, strong governance, and accurate eliminations – delivering faster, consistent, and controlled period‑end outcomes.
- Multi-Entity Consolidation
- Close Calendar Management
- Blackline or Trintech Support
5–7 days
Days to Close Consolidation
1–2 days
Intercompany Elimination Timeliness
>99%
Consolidation Accuracy
Audit Support
We support internal and external audits through structured documentation, reconciliations, and query management – reducing audit cycle time and strengthening compliance and control alignment.
- External Audit Support
- Internal Audit Coordination
- SOX Compliance Support
>95%
Audit Readiness Score
<3 days
Audit Query Response Time
>98%
Document Submission Timeliness
Our customers
Pierian in action
Ensuring Partner Management Excellence with the Right Tech-enabled Solution
We enabled a global enterprise to achieve a 10% TAT improvement for claims processing, reduce errors in dealer claims & incentives, and improve operational efficiency gains via automation.
Automated Finance: Driving the Growth of Quick Commerce Giants
We enabled India’s leading quick commerce platform to process 1,75,000+ invoices monthly for 2,500+ vendors, leading to a 50% cost reduction via automation.
Driving Efficient F&A Operations at Scale for an E-commerce Powerhouse
We enabled one of the world’s largest e-commerce platforms to improve financial reporting & compliance, improve vendor settlements, and drive cost optimization via ERP automation.
From our customers
Pierian played a pivotal role in transforming our financial operations, ensuring a smooth transition across multiple legal entities. Their expertise in finance automation, compliance, and technology-driven solutions significantly improved our efficiency and cost optimization. We now have a scalable, future-proof financial system that supports our business growth.
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