What can our Financial & Management Consulting group do for you?
Following are examples of some of the specific projects we can undertake:
- Cash flow management – We can work with you to improve cash flows through improvements in banking relationships, accounts receivable collection procedures, improved inventory management and accounts payable payment processes
- Cost reduction/control – We can assist with reducing operating costs through efficiency and effectiveness studies and analysis.
- Profit improvement – We can assist with profit improvements through pricing and sourcing studies and analysis.
- Industry Benchmarking – We can benchmark financial statement line item performance against industry standards as well as ratio and common-size trends to identify areas for improvement.
- Advisory Board – We can act as a valuable member of your advisory board to provide external, objective advice and expertise in business matters.
- Financial Statements – We can improve the accuracy of your financial statements as well as how quickly they are prepared after month-end.
- Management Reports – We can implement or improve reports to management that will assist in running the operations of the business.
- Audit preparation – We can assist in preparing schedules, details, walk-forwards and calculations for external auditors ensuring a quicker, more cost-effective audit process.
- HR Policies and procedures and systems – We can assist with establishing job descriptions, job titles, pay scales, raise matrices, bonus programs, performance appraisal processes, policies and procedures manuals and employee handbooks.
- Key metrics – We can implement a “Management Dashboard” of key metrics to be reported and reviewed monthly for trends and fluctuations.
- Organizational structure – We can advise management on appropriate departmental divisions and management structures as well as a plan to restructure.
- Accountability systems – We can improve internal controls and performance measurement systems to increase accountability.
- Mergers and Acquisitions – We can assist with mergers and acquisitions as an advisor related to a potential sale or acquisition. We can assist with data room preparation, due diligence, negotiations, sourcing of buyers and sellers, and advice throughout the process.
- Turnarounds – We can assist in turnarounds of underperforming companies, divisions or departments.
Whatever the need or issue in your business, we have the expertise to assist you. Call us today.