F & A

f&a

Overview

MindMap is a preferred training and content creation partner for several Fortune 500 companies with an ever expanding client list, has a wide array of training solutions offered to corporates. A model where clients pay us for every training delivery / content creation engagement. We also create simulated applications and simulation based learning scenarios.

MindMap Skilling Incubator Model

Benefits of the Train, Hire and Deploy for Freshers Model

• Reduced time to production floor by 1 month as Client gets access to trained resources – Candidate with strong end to end process knowledge.
• Per per hire model – Client pays only for the resources hired post training.
• MindMap will run multiple concurrent batches per location to create a perpetual delivery engine
• Reduces the average cost per candidate of a total hiring (hiring cost + training cost + cost of training failure candidates) by more than 50%.

* Our Success Metrics*

• We’ve run this model across domains over the past few years with over 85% throughput
• Over the past 18 months we’ve trained and placed 5000+ candidates across locations in this model with several of our clients
• 4.5/5 feedback from Client and Candidates with repeat batches and demand
• We have observed lower attrition 7-8% vs. 14-18% for regular hires
• Over 95% SHTD graduates successfully completed post hire PKT assessments successfully with high scores
• Feedback from clients that candidates placed via MindMap SHTD model have higher efficiency and strong domain knowledge

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Program Objectives

Trained resources on domain of
F&A Blended with Voice, Excel, ERP
as required

Input

Clear HR, Aptitude or voice input
Versant 50-58 or equivalent.

Output

Final Operations round plus voice
output as required Versant 58 or
equivalent depending on business
requirement.

Batch Throughput

60% First Pass Yield
85% Final Throughput

f&a3

Delivery Methodology

We cover domains across Accounts Payable, Order to Cash, Record to Report, Payroll, Procurement and T&E under a tentative training duration between 2 to 4 weeks depending on overall program coverage. All our trainings are Classroom ILT Sessions Blended with eLearning for self study.

Additionally we include a refresher on basics of accounting 20 hours and Domain specific training (AP/OTC/R2R etc) under 60 hours. Depending on the client we also include an excel full skilling training course of 16 hours and SAP ERP Training 24 hours.

Throughout the course, be it pre-assessment, mid assessment and post training we include practical surrounding F&A Gateway, batches, F&A CSR Programs, EXL & DSM re-skilling programs at Agent and Managerial level for F&A across towers.

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