Process Review
Improve Your Operations with a Process Review.
Process Review experts at Maner Costerisan can assist you in streamlining your financial processes and enhancing your financial stability.
With a process review, business owners can improve efficiencies and maximize their ROI. Performing a process review is an area often overlooked when it comes to improvement in the finance department.
Our process review experts delve deep into your existing procedures and work with you to design more efficient processes by reducing time-consuming activities, eliminating duplicative efforts, and improving safety standards – all without compromising the controls necessary for financial security.
We understand the importance of maintaining a balance between innovation and risk management, and our team is dedicated to implementing tailored solutions that not only drive cost savings but also foster a culture of continuous improvement within your organization.
A process review will identify opportunities for technology integration and automation, paving the way for enhanced productivity and streamlined operations.
Our goal is to help your organization become more effective, efficient, and secure. Trust Maner Costerisan’s process review professionals for detailed guidance backed by decades of experience.
Maner Costerisan is setting the standard for process reviews.
What makes us different?
Our uniquely designed risk matrices offer leaders simple visual displays intended to help comprehend what’s at stake.
We prioritize our recommendations so you can more easily understand which problems need to be dealt with first. We provide comprehensive and practical suggestions to address any issues we discover.
Our internal technology experts are also available to assist and provide practical solutions to address your challenges with the power of technology, unlike most businesses that only offer general guidance and one-size-fits-all solutions.
FAQs
What is a financial process review?
A financial process review assesses a company’s accounting and financial procedures to ensure accuracy, efficiency and areas of potential risk. It provides a deep dive into internal processes and outlines areas of opportunity and concern.
Financial process reviews completed by Maner Costerisan include a detailed report of findings and prioritized list of potential improvements.
Learn more about what to expect from a financial process review here.
Why would a nonprofit or business benefit from a financial process review?
Both nonprofits and businesses benefit from financial process reviews by identifying inefficiencies, improving financial accuracy, and ensuring compliance.
Reputation management can be an intangible benefit for both audiences, but can be especially critical for nonprofits, who (in many cases) are driven by donations and grants. Fraud at a nonprofit can have significant long-term impact on its reputation and future giving.
Check out “Understanding Process Reviews and Why They Are Beneficial to Your Nonprofit” to learn more.
While reputation may be a driver on the nonprofit side of things, for small and midsize businesses, money talks. Depending on the level of financial process reviews, businesses can expect to save on potential lost revenue due to fraud, lost hours spent by internal accountants working through manual processes and more.
How long does a financial process review take to accomplish?
Again, depending on the level of complexity, a financial process review can take anywhere from a few days to a few weeks to complete. Interviewing key process members and stakeholders to get a better understanding of what actions they take and challenges they have can take some time, depending on the number of people involved.
At Maner, we do our very best to be as efficient as possible during these interviews, keeping the budget and our client’s workload in mind.
What credentials or expertise does your team have?
Our team possesses extensive accounting, auditing, and financial analysis expertise, including CPA and Certified Fraud Examiner certifications. We have a deep knowledge of the industries we serve and are committed to continuous learning.
Services
Data Analytics
Business Accounting Software
CFO Advisory Services
Outsourced Accounting Solutions
Growth Management
Businesses need data to drive them, not overwhelm them. Beyond knowing what to measure, Maner Costerisan understands where to look for the stories hiding in the numbers and provides valuable visual reporting mechanisms to tell those stories.
LEARN MORE
Leveraging cloud-based technology, we can help you create a seamless system that simplifies complex processes and improves overall efficiency.
LEARN MORE
Any size business now has access to CFO insight, data, expertise and guidance.
LEARN MORE
Gain efficiencies and reduce stress by adding a team of experts instead of a dedicated staff.
LEARN MORE
We’ll help you set and manage your goals and evaluate your needs to ensure you’re creating a scalable growth management plan for success.
Data Analytics
Businesses need data to drive them, not overwhelm them. Beyond knowing what to measure, Maner Costerisan understands where to look for the stories hiding in the numbers and provides valuable visual reporting mechanisms to tell those stories.
LEARN MORE
Business Accounting Software
Leveraging cloud-based technology, we can help you create a seamless system that simplifies complex processes and improves overall efficiency.
LEARN MORE
CFO Advisory Services
Any size business now has access to CFO insight, data, expertise and guidance.
LEARN MORE
Outsourced Accounting Solutions
Gain efficiencies and reduce stress by adding a team of experts instead of a dedicated staff.
LEARN MORE
Growth Management
We’ll help you set and manage your goals and evaluate your needs to ensure you’re creating a scalable growth management plan for success.