CFO Advisory Services connects business leaders with actionable information by improving the efficiency of transaction processing, reporting, and budgeting processes with a combination of tools, best practices, and outsourcing. Our innovative approach:
- Re-engineer, automate, and outsource the processes of the finance organization to free resources to perform valuable analysis.
- Develop a finance information strategy that will create the information and analysis needed to drive your business. This information strategy improves business analysis by unifying business strategy, goal setting, budgeting, reporting, data capture, and analysis activities with tools and best practices.
- Implement your finance information strategy using a cost-effective and phased approach that does not overwhelm your resources and still drives your business to higher levels of performance.
Unlike niche consulting firms that only have very narrow capabilities, CFO Advisory Services combines the technology, process re-engineering, change management, control, strategy, and project management skills of Blum Shapiro Consulting’s various disciplines to create and deliver custom finance solutions that fit your organization and exceed your expectations.
Performance Management
Performance Management greatly reduces the time spent on gathering and consolidating planning, budgeting, actual and operational data by seamlessly integrating the disconnected information and activities of financial processes. Our services address the following Performance Management areas:
- Finance information strategy
- Budgeting, planning, reporting & analysis
- Process improvement
- Software selection and implementation
- Activity based costing
- Project management
- Post implementation review
Are you worried that your IT environment can’t support a Performance Management Solution? Our Technology Consulting practice can help.
Do you know how your control environment will be affected by a new solution? Our Process & Controls group can help.
Transaction Processing
For optimum effectiveness and productivity, the finance function must eliminate labor-intensive transactions and transaction processing. This is accomplished by delivering improvement programs that achieve cost efficiencies, improved output quality and faster processing- cycle times. Our services address the following Transaction Processing areas:
- Shared services and cost reduction
- Software selection and implementation
- Process improvement
- Merger integration
- Outsourcing planning and selection
Have you thought of the key operational requirements of a manufacturing or distribution system. Our CIO Advisory Services group has deep manufacturing and distribution experience and can help select the right solution.
Are you worried that packaged software can’t meet your unique requirements? Our Technology Consulting practice can build a custom solution tailor made to your needs.
Cost Reduction
Opportunities to reduce costs are often missed because reporting on expenditures is not a focus, and financial systems do not provide a procurement perspective. We combine AP and procurement data from multiple sources and consolidate it by vendor and by commodity so that procurement professionals can identify opportunities to consolidate spending, negotiate better pricing, and perform demand management. With our help you can benefit from price and demand management opportunities that result in cost reduction. If your organization needs assistance with data analysis and cost reduction, we can perform projects, with fees contingent upon success. Our services address the following Cost Reduction areas:
- Expenditure analysis
- Contingency fee based procurement
- Purchase card
- Procurement software
Do you want to maximize depreciation on your key assets? Our Cost Segregation services can help.
Are you trying to re-organize and reduce headcount? Our Management Consulting practice can help.