Our services are designed for the challenges and opportunities of the Chief Financial Officer, Chief Accounting Officer, Chief Audit Executive, and Chief Information Officer. We support our clients in transforming the finance and accounting function to bring value to the organization through the following types of services:
- STRATEGY - Strategic decision support for Finance & Accounting and IT functions
- PROCESS - Accounting and financial reporting process and system improvement
- INTEGRATION - Merger and acquisition integration
- TECHNOLOGY - Accounting and reporting system selection and implementation
- CONTROL - Internal controls design and risk advisory services
Strategy
Your challenges
- Selecting the projects, processes, and resources which are most cost-effective in supporting the business
- Finding the right balance between insourcing, outsourcing and shared service models for your accounting, internal audit or IT services
- Identifying and prioritizing the risks your financial reporting, accounting, and technology processes may pose to your business
- Utilizing technology effectively and identifying which infrastructure and application improvements or changes are necessary in the near future
Our services
- Return-on-investment analysis and prioritization of projects
- Organizational design and outsourcing/insourcing analysis
- Enterprise Risk Assessment
- IT Strategy aligned to business and finance objectives
Your results
- A scalable, cost-effective organization to keep pace with business operations, market changes and regulatory requirements
Process
Your challenges
- Closing the books is not timely for financial reporting requirements
- Reconciling manually created spreadsheets to each other and to the system of record
- Identifying and correcting issues in the accounting processes that repeatedly require excessive monitoring and correction in order to "get the numbers right"
- Accumulating financial reporting information from many different sources, which is time-consuming and error-prone
- Differences in processes and systems between locations, including international locations using or transitioning to IFRS or other statutory requirements
Our services
- Financial close timeline reduction
- Accounting and financial reporting process improvement and system re-engineering
- Project management and change management
- Consolidation and automation of reporting processes
- Design of processes, system, and controls for local reporting requirements and the reconcilition or consolidation to US GAAP
Your results
- A more timely, more accurate and relevant accounting and reporting function that delivers the information you need, when you need it
Integration
Your challenges
- Growing through mergers or acquisitions, while integrating the financial and operational reporting of new units timely and standardizing processes and systems to realize the benefits of the transaction
Our services
- Project management of process and system integration
- Design of repeatable integration processes to produce timely and cost-efficient systems of integrating new acquisitions and maintain quality reporting
Your results
- Realized return on your M&A transactions by taking advantage of shared resources and synergies
Technology
Your challenges
- Determining whether existing systems can accommodate our needs through customization or replacing systems is necessary
- Sizing and adjusting your systems to accommodate the growth or change of your business
- Managing the increased workload associated with the implementation of new systems while ensuring that implementations are coordinated adequately and meet your process needs
- Choosing technology providers that fit your business
Our services
- Process and system assessment
- System selection consultation
- Project management and process design for new system implementations
- IT assessment and outsourcer selection
Your results
- Effective systems and support that align with the finance, accounting, and business needs of the organization
Control
Your challenges
- Remediating internal control deficiencies and/or the source of audit adjustments, avoiding recurring process breakdowns, or Implementing new processes with internal controls
- Preparing to go public and planning Sarbanes-Oxley (SOX) Act compliance, evaluating the impact and possible changes in processes
- Selecting a software to help managing Sarbanes-Oxley compliance, internal audits, ERM, and testing
- Compliance with the Foreign Corrupt Practices Act (FCPA)
- Achieving and maintaining compliance with the IIA standards by conducting Quality Assurance Reviews (QAR) of your Internal Audit Department
- Ensuring that systems you are hosting and services you are providing on behalf of clients have adequate controls, providing assurance by issuing a SAS 70
Our services
- Enterprise Risk Management programs
- Process and system assessment and design
- Sarbanes-Oxley implementation and ongoing assistance
- Implementation of DoubleCheck Software's GRC&T and advisory services on SOX and internal audit methodologies
- FCPA programs and compliance auditing
- Internal Audit QAR
- SAS 70 readiness and SAS 70 audit
Your results
- Processes and controls that are designed and operating effectively; Appropriate monitoring functions