ARE YOU READY TO MOVE AWAY FROM THE ATTITUDE OF "THAT'S THE WAY WE'VE ALWAYS DONE IT"?
We solve problems to make your financial systems simpler, accurate and more efficient.
At Precision Management Accounting we provide bespoke consulting services to review the people, processes and systems in finance departments. We can help you determine where your systems and processes can be improved to increase internal controls, efficiency and accountability.
It's easy for systems and processes to grow organically over time, but sometimes having the entire function reviewed can drastically improve efficiency and productivity. Finance departments are important but they must also be transparent, productive and work to support the main business activity.
Using Precision MA's Consulting services will provide your organisation with results. We can help your business to produce accurate and timely financial information in a cost effective way.
Improve internal controls
Achieve best practice
Reduce resourcing for non-value adding tasks
Determine your specific needs and potential business risks
Develop a cost effective solution
Reach your business goals
We're not "IT Specialists" but we make sure that systems can produce accurate & valuable financial information
It is important to consider how new operating systems can enhance your financial management and improve your profitability. Sometimes new systems can reduce costs, but other times they can simply give you greater control and knowledge of your organisation.
Some organisations are already using a great system, but need help with setting up and implementing all of its features because of a lack of time, skills or resources.
We do not always recommend that a new system will solve all of your problems, you need to look at the bigger picture at all business processes. It is important to be able to identity where your current problems are, source a solution to resolve them and then be able to measure the benefits incurred as a result of the change.
It's important to remember that whatever system you are using for your front of house and daily operations, also has a back of house and financial consequence. How multiple systems interact and transfer information is important when it comes to efficiency and accuracy.
When it comes to new operating and financial systems, Precision can help in the following areas:
- System reviews involving documenting current processes to identify where there are inefficiencies and areas for improvement
- Project & change management for implementation
It's nice to have someone who can help your organisation step by step through a system implementation who will be a champion for change and process improvement.
"Consulting" is a broad term, so here are more specific examples of our services
- Review financial processes to determine where tasks can be automated and streamlined
- Develop and advise on chart of accounts structure
- Develop and advise on internal reporting framework
- Research integrated system solutions for your organisation
- Implement new financial software and operating systems
- Process mapping and documentation
- Review and advise on how to improve internal controls and accountability in your systems
- Xero and add on conversions
- Working with retail, inventory, point of sale, workflow and many other systems!
WE LIKE TO WORK ON A FIXED FEE FOR OUR SERVICES. THAT WAY WE ARE CLEAR ON WHAT IS EXPECTED OF US, AND THERE ARE NO surprising BILLS FOR OUR CLIENTS.
At Precision MA our consulting services ensure that you always have transparency in your business. We understand that consulting services must bring value by improving the clients situation and generate a real return on investment. Our solutions are cost effective and realistic and come with additional support if required.