Executives,
front line managers and staff spend most of their time on day–to-day
tasks, which often do not allow them enough time to re-think and understand
the flow of their business, and to map it out and put reporting mechanisms
in place that allow top management to monitor their business. Nor
do they have time to implement mechanisms that help employees focus
on the core actions that are required to run the business optimally.
The traditional financial reporting helps increase efficiency but
to a certain extent as they are far too late on the chain.
A systematic function/business process review, if
conducted diligently, will eliminate the inherited practices that
add no value or control, and will improve efficiency. BD Consult,
has developed its own systematic approach to help its clients obtain
best organizational results, optimal workflows, enhanced controls,
and standardized forms and procedures as much as possible, and to
develop data integrity, implement key performance indicators, and
set basis for implementing business process management technologies.
Our Methodology
|
Map existing processes/procedures
|
|
Review
of both internal and external roles and responsibilities
|
|
Analyze
processes, tools, measurements and reports against best practices
|
|
Develop
a plan based on best practices to align all areas of
the organization
including finance, accounting, back-office, administration, and
operations
|
|
Redesign
management reports and reporting processes to include value metrics
(KPIs) and key business drivers
|
|
Asses
the impact that suggested changes will have on all organizational
levels
|
|
Develop
necessary organizational structures, processes and capabilities
to support the delivery of maximum value growth strategies
|
|
Assist
in the training and implementation
|
|