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Accounting Optimization

Expertise and solutions to help you achieve cost effective accounting processes

Are you satisfied with how effective and efficient your accounting department is? Would you like to accelerate your accounting close schedule? Do you have a large number of manual reconciliations and spreadsheets?

Accounting departments must focus their primary efforts on accurately recording business transactions and performing external and management reporting. It is often not easy to move beyond day-to-day tasks and focus on accounting process improvements that drive internal efficiency. Aventine Hill Partners can help.

ACCOUNTING PROCESS IMPROVEMENT

Our accounting and finance consultants can perform business process improvements in areas such as the accounting close, accounts payable or accounts receivable processing, account reconciliations, and reporting.

  • We objectively analyze your accounting policies, procedures, workflow, and schedules.
  • We recommend improvements that simplify policies while complying with accounting standards; optimize your workflow; and increase efficiency and accuracy through automation. Our Business and Technology expertise can help you maximize the value of ERP and financial reporting systems.
  • We help implement the changes and train your personnel to realize and sustain the benefits.

ACCOUNTING DEPARTMENT ORGANIZATION DESIGN

A CFO Advisor or Practice Director can review your organization design and recommend alternate structures and resource strategies.

  • For larger companies, a shared service model can be pursued that standardizes processes across many locations to enhance reporting accuracy and supports consolidation and automation of repetitive activities for cost savings.
  • For small to mid-size companies, a blended solution can be pursued utilizing internal employees for day-to-day activities and Aventine Hill accounting and finance capabilities on a fractional basis for less frequent and more complex activities.
  • For start-ups, Aventine Hill can help you build an accounting department from scratch, including outsourcing the function to us until your company is ready to manage accounting internally.

Are you short on accounting staff?

In addition to our Advisory and Consulting services, our team of accounting and finance consultants can step in at critical times on an interim basis while a key employee is out on leave. And, if you need to hire senior-level accounting staff on a permanent basis, our Executive Search team can find you the right professional for the job.

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