Business Process Improvement

Accume Partners brings best practices from over 500 clients to deliver enhanced operational processes and process re-engineering recommendations with a laser focus on control consciousness and managing the critical controls that can add value to your business processes – often resulting in new sources for creating competitive advantage, cost savings, and improving bottom-line results.

Streamlining Reporting/Reconciliation Process

Accume Partners has been associated with financial, management, and regulatory reporting processes since its inception.  We have a tremendous breadth and depth of exposure to the automated tools available to your organization; and we possess the know-how to assist you with implementing a successful conversion that captures your key data points and satisfies your information needs to facilitate informed decision making with real-time business intelligence.  Accume Partners brings the discipline and understanding of dataflow at a detailed level to ensure that all data affecting your reporting and reconciliation processes is understood, accounted for, and documented.

Performance Measurement/Metrics

Accume Partners can help senior and departmental management by developing dashboards to better monitor how the operation is performing against internal and external standards.  We have assisted organizations in creating the metrics or key indicators and the necessary standards to provide objective assessment.  Performance dashboards need to be easily understood by management, focused on what is important to the organization, easy to access, and capable of capturing the key data and control points that enable you to identify potential issues early.

Balance Sheet Restoration

Documenting and understanding your company’s accounting data flows, at various levels of detail, is critical to timely and accurate reconciliations, smooth processes, and successful system application conversions. Unfortunately, documentation is oftentimes outdated or misunderstood at key levels of the organization; and as a result, process and system changes occur that negatively impact accounting data flows, reconciliations, and the overall control environment.

Additionally, attrition without the appropriate knowledge transfer frequently occurs, and results in erosion of control metrics and untimely review by management. These conditions can leave organizations with exposures that cannot be properly managed such as unreconciled differences, out of balance conditions, and suspense dollars that are not quantified.

Accume Partners assists clients by thoroughly analyzing accounts and internal controls to ensure that the nature, use, and timing of accounts are appropriate given the underlying business activity. In addition, we have brought reconciliations current and have recommended and implemented enhanced reconciliation policies, procedures, and key metrics that support effective governance, and ensure a daily operating environment that is aligned with business strategies and with the goals of the organization’s control structure.

Implementation Assistance

We understand the internal and external pressures to get new systems, technologies, and procedures implemented; but without proper planning, things go wrong. As a result, non-critical issues often have the potential to cost significant resources – money, time, expertise, and effort – in post-implementation remediation.

That’s why Accume Partners brings a disciplined approach to every client project –ensuring that all risks associated with implementation of new policies, procedures, systems and technologies have been properly identified throughout your organization. A thorough pre-implementation assessment and documentation of all the potential issues, challenges, problems, and scenarios identify what could go wrong. Those findings enable us to develop a comprehensive and effective game plan that is critical to ensuring a smooth and transparent implementation process, and providing the benefit and assurance of a desired outcome.

Policies and Procedures

Effective policies and procedures are the lifeblood of your internal controls environment. Accume Partners takes time to understand your business and the daily operations that drive your organization. With over a decade of internal controls and internal auditing experience, our industry and subject-matter experts know best practices for your industry, and can formulate appropriate recommendations to help you develop policies and implement procedures that align your goals, objectives, and risk tolerance with organizational activities at the operational/functional level.

By leveraging our internal controls and operational expertise across a vast range of industries and functional areas, we can help you develop the most efficient policies and procedures at a desktop operating level. Along the way, we identify and document cost-effective internal controls required to support the newly enhanced policies and procedures.

Training

Our detailed understanding of your business, regulatory environment, and operations enables us to approach training development and delivery in an informed and meaningful manner, with an understanding of the big picture, regulatory implications, and business impact. As a result, training becomes an extension of the organization’s strategic plan, reinforcing the policies and procedures that align your goals, objectives, and risk tolerance with organizational activities.

Our experience with developing and documenting programs, writing manuals, preparing employee documentation, developing training materials, and delivering presentations to staff uniquely qualifies us to support the training goals of your organization. We can effectively equip your staff with the knowledge, tools, and acumen to contribute to superior organizational performance with a understanding of their role, the scope of their responsibilities, and the impact of their activities in supporting the goals, objectives, and mission of your organization.

Additionally, Accume Partners’ Leadership Training Series is built on the principal of knowledge transfer whereby we train members of your leadership team – providing them with the tools and skills to train other departmental and functional staff within the organization. This results in an effective training program, whereby Accume Partners is always available to consult and support, while enabling your organization to save money. This provides exceptional long-term value by providing a turnkey solution, particularly for large organizations where attrition may be an ongoing business factor.