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BUSINESS PROCESS AUDIT SERVICES
EFFICIENCY IS KEY
TO A SUCCESSFUL BUSINESS
The very best businesses are built on a predictable series of processes and procedures that are effective and replicable. Nearly every business can find more efficiency and profit when those processes are evaluated by an industry expert with experience looking at dozens if not hundreds of similar businesses. We’ll help you discover your process gaps and your opportunities.
BUSINESS PROCESS
AUDIT SERVICES
ESSENTIAL SERVICES
Key services offered to our Business Process Audit clients
SALES AND ACCOUNTS RECEIVABLE PROCESS
We will thoroughly evaluate your sales process beginning to end and help you determine where you can automate or make the process faster or more efficient. We focus on both the effectiveness of the process to reduce costs and revenue generation opportunities to increase profitability.
COST OF GOODS AND EXPENSE PROCESSES
Keeping track of the cost of goods and the related percentage of sales, along with using the right vendors, and paying those vendors over the right terms is the foundation of any profitable business. We will evaluate your cost of goods sold and expense purchasing strategies, to help you determine the best possible solutions for maximum profitability.
PAYROLL PROCESS
Your employees are the engine that makes the business run, and paying them on time is critical to your success. Payroll mistakes can be costly both in lost labor productivity and in fines, penalties, and overpayments. We will help you craft a payroll process that ensures you are never surprised by unexpected expenses or employee costs (like benefit costs) or by penalties and fees for not paying your payroll taxes.
LIABILITY PROCESSES
We will evaluate all processes by which you incur liabilities, including ordering product, receiving product, accounting for variances, input of accounts payable invoices, sales tax calculations, and any other processes related to current liabilities. We will ensure that you have the proper processes in place to ensure timely payment of all liabilities while discovering opportunities to reduce liabilities where applicable.
LICENSE RENEWALS
Being shut down, even temporarily, because you don’t have the proper licenses or failed to renew your license can be extremely costly. We will evaluate your licenses and create a renewal reminder in our tracking system to help you keep your licenses up-to-date. We will also proactively provide the necessary financial information that you need to complete your license documentation.
CERTIFICATIONS
