BH Financial® Case Study
Process and Procedures Implementation
Our client, a contracting services company, and wholly-owned sub of an NYSE company needed to implement processes and procedures within their Accounting and Finance organization.
Solution
Beacon Hill Financial’s Denver team located and secured an interim management consultant to document every aspect of the close process including P&L and Balance Sheet. The consultant was responsible for providing a process document for each work stream, showing the steps required to complete (e.g. source system information, files, review, validation). In addition, recommendations for process changes, system automation, and the elimination of non-value-add steps, based on experience and knowledge of accounting processes, were also part of the project.
Result
The Client was able to maintain daily operations while the management consultant implemented the documentation with little interruption to the daily business.
