Finance Systems Review
Working together with you, we can support the evolution of your existing finance systems to one that informs sound business decisions based on solid data.
Effective bookkeeping and payroll functions are underpinned by an internal finance system designed to support business needs. Understanding what you need can be a challenge, especially when your finance system has developed in an ad hoc way. Add to this the challenge of constantly changing legislation and the external economic environment and developing a robust finance system very quickly makes its way to the ‘too hard’ basket.
Working together with you, we can support the evolution of your existing finance system to one that informs sound business decision making based on solid data.
Here’s how our finance system review can help
Completing financial due diligence
Whether your business is complex or straightward, it pays to have the right finance system in place. By analysing your specific needs, we’ll make recommendations for what’s right in terms of people, processes and technology – and then support you to implement it, including the transition to an outsourced accounting function.
Integrating your software
Surprisingly, many businesses invest in finance system software, but don’t know how to use it. We’ll help you understand and implement its full potential – and if we don’t know the system, we’ll study it until we do.
Reviewing and improving your finance processes
If your finance system isn’t supported by clear, documented processes that are reviewed periodically, there’s a good chance it’s not delivering everything you need. As part of our finance system review, we’ll assess the suitability of your existing processes and advise how improvements can be made. We can even help document and implement new processes, providing the education and training your team needs.
Records & Data Keeping
Our experience shows that many businesses don’t have solid systems in place to support accurate record keeping. Data storage is also a challenge too. When we undertake a review, we’ll look at this aspect of your financial system, making recommendations for its improvement.
Don’t wait until you feel like you’re drowning in your own business financial system before taking action. The Accorti team understands the challenges growing businesses face and how a poorly implemented finance system can affect an organisation negatively. Getting on the right track is as simple as making a call to talk with us. Or you can start immediately by completing our free online business analysis.