Stage 2: Segment | PROCESS

What is the ultimate goal of this project?

  1. 1
    Profit

    Profit describes the financial benefit realized when revenue generated from a business activity exceeds the expenses, costs, and taxes involved in sustaining the business activity. Any profits earned funnel back to business owners, who choose to either receive cash payments or reinvest it back into the business. 

  2. 2
    Reporting

    Financial reporting refers to the communication of financial information to management, investors and creditors. A general set of financial statements include a balance sheet, income statement, statement of owner’s equity, and statement of cash flows. But, financial reporting is much more broad than just as set of financial statements.

  3. 3
    Optimization

    Optimization requires that systems constantly adjust to hit a moving target. From changing the quantity of periods used in moving averages to just simply taking out what doesn't work, optimization is an ongoing process.

  4. 4
    Controls

    Financial controls are the procedures, policies, and means by which an organization monitors and controls the direction, allocation, and usage of its financial resources. Financial controls are at the very core of resource management and operational efficiency in any organization.

  5. 5
    Execution

    Companies increase business execution capability through ensuring the right people are doing the right things in the right way to support the company’s strategic objectives. Sustainable business execution requires doing this in a way that fosters the right development so employees acquire capabilities the company will need in the future.

  6. 6
    Structure

    The organizational structure determines how information flows between levels within the company. For example, in a centralized structure, decisions flow from the top down, while in a decentralized structure, decision-making power is distributed among various levels of the organization. It also encompasses sharing the work from analysts, managers, directors and owners so the right level is involved in the task.

  7. 7
    Scalability

    Scalability and technology blend well and are inseparable for an efficient transition during growth. A system may be considered scalable if it can adapt to the changing needs or patterns of its users. It is often a sign of competitiveness because a scalable network or system is ready to handle increased demand, trends, and needs, even with the emergence of new competitors.

PROFIT

We measure our success with the bottom line since your business has an aim of creating profits by reducing the expenses of your operations and eliminating waste.

REPORTING

The most important strategic need of a company is a deep dive into data that brings actionable decisions from reporting at the department level up to the Board. 

OPTIMIZATION

We are experts in identifying the process and shortening the Record to Report cycle to eliminate time spent on inefficient processes while leveraging the best software to turn time into cost savings.

CONTROLS

There can be loopholes with banking, access to systems, and email fraud that are not caught by IT. We have seen attempts at fraud for years and can safeguard your financial assets with bank controls, internal validation, and proper administration rights from 45,000+ payment approvals under our management.

EXECUTION

The heart of execution lies in three core areas:

1. Position

2. Process

3. Pressure

STRUCTURE

The success of your strategy relies on building a sustainable Accounting, Finance, and Treasury structure that replicates the most efficient and audit compliant base for your continued growth.

SCALABILITY

Your company is growing from $10M to $30M > $2B in valuation in 10 years and your staff needs guidance on the latest software, best practices, and tools to transform the processes into leveraged and scalable solutions. 

Post Project Completion

We are reachable by multiple methods to discuss your next project or tie in a completed project with a bigger idea.