Bring the accounting process into the system design.
Review transaction flows, reconciliations and reporting requirements to support finance operations and technology change.
What this covers.
The finance processes that a system has to support: transaction flows, reconciliations, period close, intercompany, and the reporting the business and the auditors each need. We look at what is done manually today, why, and which of those reasons still hold.
How it runs.
A review of the close calendar and what actually happens during it, the reconciliations in use and how long each takes, and the reports produced against the reports used. The output is a set of process and control changes, sequenced so the ones that shorten the close come first.
Where it fits.
Alongside a finance system change, or on its own where the close is slow and nobody is certain which step is causing it. It is advisory work; we are not auditors and we do not sign anything.
What you get, and what it depends on.
A set of process and control changes, sequenced so the ones that shorten the close come first, with the current close mapped against them. It depends on seeing an actual close rather than a description of one.
How we can work together
The model is chosen to suit the work, not to suit us. We will tell you when a fixed price is the wrong instrument.
Close review
The period close observed and mapped, with the critical path identified.
Controls design
Reconciliations and approval controls redesigned around the system you have.
System readiness
Finance requirements prepared ahead of a platform change.
What would a better working day look like?
Bring us the process you want to improve. We’ll explore the product, technology and delivery work it needs.