Operational Improvement

Operational Improvement

We can help you improve business performance by addressing efficiency and effectiveness issues. We analyze the issues facing your current business processes, identify opportunities to strengthen internal controls and reduce cost, and assess whether or not your organizational design and performance metrics support your strategic goals.

Business process review (BPR)

Taking into account your industry and your unique organizational needs, our professionals will study your business processes as part of laying the groundwork from which we can identify objectives, risks, controls and control gaps, and then make appropriate recommendations. The review may also include providing recommendations on process improvements based on industry best practices.

Leveraging on the methodologies and work programs used in audit engagements and the wide variety of industry practices provided by P&A, our methodology includes performing an assessment on both manual and programmed controls that you use in your business processes.

Process documentation and manual preparation

Our goal is to help you improve the documentation of your systems and processes in order to reflect the current procedures of your company and that of the industry best practices. Process documentation may be in the form of process flow narratives, flowcharts or a manual of operations.

Accelerated financial statement close

Our review will focus on your financial statement close process design and processes to help you develop streamlined closing and reporting processes. This will enable you to consolidate and produce reports more efficiently with less hassle, and also provide more timely information to managers on the front line. Helping you focus your energy on the most relevant activities results in streamlining workload and eliminating non-valued tasks.