OutsourcingWise built a custom Excel reconciliation tool for a Singapore public sector finance team, automating 1,000+ intercompany reconciliations across 50+ entities per quarter — reducing close time and headcount.
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| Key Outcome | Automated annual statutory financial statements from trial balance — ACRA-ready output |
Agency for Integrated Care required a customised financial reporting tool that could produce statutory annual financial statements in the format prescribed by the Ministry of Health. The existing process required significant manual preparation — mapping trial balance data to MOH-prescribed statement formats, applying accounting treatments, and reformatting outputs for submission to ACRA and external auditors.
The client needed a tool that could be operated by their in-house finance team year on year, without requiring external support for each annual cycle. It also needed to produce output in Word document format, ready for direct submission.
OutsourcingWise designed and delivered a customised Excel workbook that:
Delivery included a written training manual, video walkthroughs explaining each step of the tool operation, and twelve months of post-implementation support covering technical queries, annual updates for changes in MOH reporting requirements, and assistance during the first live reporting cycle.
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