For many in business leadership, accounting is regarded as a black box of the business, its role is done simply for the annual tax return and sometimes monthly reporting. Responsibility is usually handed down to a controller, making the business dependent on a single individual to conduct this critical series of business processes. This introduces operational risk to the business if that person is ever unavailable or leaves the business.
Reduce errors, create standardization, hasten employee onboarding and create new efficiencies.
We will help migrate that key person risk and change the paradigm of how you think about your accounting department. Our accountants and business consultants will work directly on your accounting system, redesigning it, and document the entire system in detail. This will reduce errors, create standardization, hasten employee onboarding and create new efficiencies. At the end of the process, you will understand the accounting system, have a well documented workflow and generate the reporting about your business that you need.
It typically takes two to three months to bring an accounting department that is in disarray up to peak efficiency. Within that time frame, we will also redesign the processes, map them out in exhaustive detail, and implement them so your team is generating consistent results.
After that period, we will stay engaged with your business to ensure that process is being followed, there is external oversight, and any changes to processes are reflected in updated documentation.
It allows you as a business owner to take control and have a transparent accounting system in place that isn’t reliant on a single individual and their human memory. Once everything is captured in narratives, matrixes, and checklists then you will be generating consistent financial results.
We offer a range of financial services to small and medium-sized businesses and professionals. These are our primary service offerings; however, every business is unique, and we will work with you to come up with a customized service plan for your situation.
This tier of services is getting clear financial reporting on past performance.
This tier is getting systems in place to prevent disruption while generating consistent financial information.
This tier is obtaining deep insights into your business and forecasting future performance.
Our revitalization process will take you from messy, unreliable records to an accounting system that generates consistent, high-quality, useful information.
Our international public company reporting system will streamline your regulatory reporting and manage the internal financial systems.
Our internal control evaluations will identify and repair critical weaknesses in your accounting system that could allow for fraud to occur.
Focusing on systems and processes, we will take the accounting system out of your accountant’s head and document the required tasks and steps for each process.