LAXMI MANASA YALAMANCHILI

• Managing team of 32 members aligned for invoice processing and payment activities
• Experience in Processing PO and non-PO's Invoices
• Communicate with clients/supplier if the invoice doesn't fulfill the required data
• Maintaining SLA matrix and preparing monthly dashboard, OM material logs, Performing RCAs and determining the issue and challenges to bridge the gaps to smoothen the process.
• Regularly shared process improvement ideas on the RCA analysis of KPI’s.
• Monitoring the volumes on daily basis as per the report and will do allocation to the team as per Aging
• Handling books closing during Month End
• Performs preliminary and final Intercompany reconciliations for all Legal entities and investigate significant intercompany breakages
• Performing the reconciliation between General ledger and their Sub ledger on monthly basis
• Sending the Team production report, completion Report on daily basis to management
• Taking the team huddles and ensure that all the activities are completed on that day
• Allocation of volume among the Team members and monitoring metrics on Productivity with Accuracy
• Maintained documentation for all accounting processes, transactions, and reconciliations, supporting audit readiness and compliance during year end close
• Capitalization of fixed assets and corrections done if needed
• Working on AP Cleansing during migration of units from Basware to SAP.

Roles and responsibilities handled in different Projects

SAP S4 Hana implementation

• Project Lead – Acting as Project lead for SAP implementation for the engagement
• Identifying risks and design the process maps for each process (Invoice processing, VMD & Payments)
• Create the test cases and perform the UAT in SAP
• Trainer to the end users
• Create DTP’s and exception lists before to the Go-Live
• Monitor the Go live in hyper care period.

Basware P2P ERP migration

• Identifying the risks and design process Maps for the new tool migration
• Create the test cases and execute UAT
• Take the training from the ERP developer and trainers on the new tool
• Training to the existing resources on the new tool (Basware P2P)
• Create DTP’s and exception list before Go-Live
• Monitor the progress during hyper care period and smoother Go live of new tool implementation

Automation projects

• PO invoices - Generated Ideas and implemented changes in the system which increased the auto match percentage for EDI and E invoices
• Non-PO invoices – Idea generated to automate the approval process of Non-PO invoices

• Allocating the invoices to the team on regular basis
• Posting the invoice
• Non-PO & PO invoice processing
• All the activities will be tracked in productivity tool
• All the queries will be action within in the time to avoid TAT miss
• Vendor reconciliation report
• Vendor Master Data Setup and Payments Reconciliation
• Quality Checking done by day to day invoice processing
• Implemented strategies to enhance cost-effectiveness without compromising service levels
• Managed end-to-end accounts payable processes for freight and logistics services, ensuring accurate and timely payment of invoices
• Verifying Vendor information, Payment Information, Tax information, and Compliance information
• Manage weekly verification and pay vendors by monitoring due dates
• In accordance with the case, process the manual payment when needed.

• In to the process of General ledger reconciliations specifically monitoring Intra company movements to facilitate settlements and general book Keeping and setting up accounts for both intercompany AR and AP
• South Africa: Facilitated new account transitions and stabilization of Accounts of South Africa
• Russia: played a Key role in the indent account setup for Russia
• Reconciliation of intra corporate Payables & Receivables accounts on a monthly basis and uploading the same in Accounts Reconciliation Tracking Tool, which helps in Management decision making and contributes to Company's overall financial performance
• Preparation of Goods in Transit (GIT) and Received Not Billed (RNB) accounts
• Analyzing the escalatables, follow-up of aged items and settlement of Open items in the books of accounts
• Following up on accurate & timely settlements
• Fine tuning the process to decrease Reconciling Items & to Increasing settlements
• Meeting customer requirements/Expectations by preparing & filling up required records & reports
• Training, educating & supporting team members
• Understand the legal restrictions faced by an entity before the follow up
• Conducting the monthly review calls with the Controllership to analyze the escalatables, issues and the timeline of the settlements
• Quality Analysis of the reconciliation prepared by the team and to confirm its compliance to business standard