This is a brief description of the service ...
How the Process Works (see below for our services)
InterControllers starts by working with the
client to determine what information the client needs to manage the business and
make informed decisions. Does the client want to gather information on a
regional basis, by business line, or both? Does the client want information
about margins? Cash flow? Aging of customer receivables? Does the client want
revenue figures by product, client, geography, or all three? What are the other
important metrics? And are the client's processes-up-to-date and efficient?
InterControllers uses the best practices to design business processes that will
capture the necessary information. In any industry, perhaps as much as 80% of
the business processes can be considered standard. That means InterControllers
can come to its clients with a proven blueprint for the majority of their
processes. Expertise of that sort enables the InterControllers to offer not only
superior insight and speed of implementation, but also its proven process
methodology and software expertise. The remaining 20% of business processes
usually need to be customized. Again, InterControllers' wide expertise enables
it to design processes quickly and cost effectively, and, at the same time, to
be best in class.
In partnership with a systems integrator,
InterControllers works with its client to design the accounting systems to make
the processes work. By working this way, InterControllers can serve as the
client contact while the integrator stays behind the scenes. This involves a
combination of system integration as well as the customization necessary for the
client to meet their reporting needs. The specifics will vary from client to
client and industry to industry.
InterControllers utilizes powerful accounting
systems, such as, Peachtree, Oracle, and ACCPAC (web base or hosted services).
It's the InterControllers’ responsibility to ensure that the data lines and
software are operating 24/7, removing the burden of both ownership and
maintenance from the client.
Once the processes and the technology are in
place, it's time to take a look at staffing. InterControllers provide the
Controller, Accountant and processors who handle accounts payable, accounts
receivable, payroll, general ledger accounting, fixed assets, preparation of
financial statements, and other processes. These individuals usually work at a
shared services center, located at our service center. We don't have to be near
the client. Some may be former employees of the client who have moved over to
the InterControllers' payroll. All are experienced financial and accounting
professionals, attracted to InterControllers in part because its core competency
is in their area of expertise. The draw here is that outsourcing can lead to
better opportunities for our financial professionals because they can move from
the company's back office to the InterControllers' front office, and they get
all the associated benefits of being a contributor to their company's core
focus.
And how do you save? InterControllers may not
require as many employees to handle the future-state accounting functions as the
company employed due to processing efficiencies, workflow, technology, economies
of scale, etc. And InterControllers can, help the client make the transition
process a pleasant one for both client and the staff.
Capabilities
These are the services that we provide. A standard package includes
business process outsourcing. What we will
do for you and your company:
