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Business Procedures and Policy Efficiency Analysis

Do you have a “gut feel” that some of your Company’s resources are being employed on unnecessary or redundant activities? Yes   No 
Is rework or processing errors higher than your expectations? Yes   No 
Do employees complain about other department’s inefficiencies? Yes   No 
Has there been an increase in past due accounts receivable or a decrease in inventory turn ratio? Yes   No 
Are there delays billing customers for products or services delivered? Yes   No 
Does your Company lack clear and written detailed desktop instructions for all functions of your finance department? Yes   No 

If you answered yes to any of the above questions, your Company may benefit from our review of your business procedures and policies. In many cases the issues noted above and many others are symptoms of a more deeply rooted problem. cfoSOLUTIONSPlus approach is to:

  1. Understand your expectations
  2. Suggest benchmarks
  3. Gather data and interview personnel in order to assess current conditions
  4. Identify the root cause of inefficiency
  5. Develop an integrated plan to treat the root cause rather than the symptoms
  6. Assist with implementation and oversight of the solution
  7. Gather data and interview throughout the process to validate improvements, or identify required modification to the solution
  8. Report on plan status while in progress
  9. Continued oversight of the solution until the desired result is reached.
  10. Plan to perpetuate the solution

The issues are many, the solutions are varied, our process is adaptable and it works!

Give us a call today to discuss your situation.

45 Bryant Woods North | Amherst, New York 14228 | Phone 716.648.1710 | Fax 716.648.7901