Organizational Effectiveness

Accounting is a critical function in any business, and knowledgeable financial professionals are essential to any team. Because of the knowledge that accountants and financial professionals bring, their time is highly valuable — and spending that time on manual, repetitive tasks ends up being extremely expensive. 

In the post-pandemic era (we expect the global battle against COVID is going to come to an end), companies will be forced to create habits that will maintain the pace of change.

As companies are preparing for end-of-year activities like budgeting processes, inventory counts, maintaining vendor and insurance records, employee benefit renewals, completing work for SEC filings and property tax renditions, we recommend using workflow automation to standardize and optimize these tasks.

As companies are preparing for end-of-year activities like budgeting processes, inventory counts, maintaining vendor and insurance records, employee benefit renewals, completing work for SEC filings and property tax renditions, we recommend using workflow automation to standardize and optimize these tasks.

Achieving full-scale automation or transformation is a massive undertaking for any organization. Rethinking business processes – from simple tasks to wide-scale workflows – requires that organizations overcome internal resistance, identify best technologies and almost rebuild business processes from the ground up.

With COVID-19 and weakness in the oil markets, we’re seeing a huge uptick in companies under duress. However more focus on new operating models can unlock value. The restructuring process and on a go forward basis, companies can gain significant value by variabilizing their workforce.

A pressing issue across businesses is the continual need to do more with less, particularly without increasing costs! We have found that this can be achieved with the magical help of a cost-free tool called Power Query.

Companies can achieve automation through a range of automation tools available in the marketplace. How companies expend efforts around automation depends on available in-house software and budgets, internal and external capabilities available around the various technologies, and business goals around timelines, personnel, and costs.

Automating business processes has become a common thread across industries. The idea is simple: identify non-essential, manual, repetitive processes, and implement a discipline of automating these processes.

Houston’s innovation landscape has gone through enormous progress in the last few years. Bringing together a support system of organizations and institutions, Houston’s startup ecosystem drives startup agendas forward resulting in sustainable progress.

Is your Vendor Maintenance Process regularly reviewed for appropriate controls?

Business Process Outsourcing (BPO), sometimes called Managed Services, was a $200B market in 2018.

We routinely get asked, ‘why innovate?’ Innovating the right way delivers ongoing impact and value – and we absolutely believe this to be true.

Last week I laid out that making businesses run better requires three essential elements: real-time analytics, improved workflows, and innovation.

It would be difficult to find a more anodyne goal than helping businesses run better. Isn’t running your business better what every consultancy promises?

As companies begin developing post-COVID business strategies, many are making decisions to move systems and processes to the cloud, digitize more, and create remote work environments.