About RoseRyan : Project Profiles : Bringing A Strategic Edge To Finance Organization
RoseRyan bonus
- Due diligence
- Boosted effectiveness of finance organization
- Provided strategic advice to controller
- Improved SOX controls environment
- Developed more-efficient internal processes
- Saved time and money
Company type: Midsize, public
Industry: Life sciences
Service areas: Senior accounting, SOX
The mission:
A short-staffed life sciences company called RoseRyan with an urgent need for an extra pair of managerial hands at its U.S. office. But that wasn’t all it needed: once the guru was on the scene, she provided much-needed senior accounting brainpower, overhauled its SOX compliance process and helped the organization work more efficiently.
RoseRyan in action:
The RoseRyan guru pitched right in, bringing order to day-to-day finance work. She also developed and implemented best-practice process improvements, such as timesaving payroll procedures and a streamlined close process with analytics that cut down overtime and helped the accountants do their job more effectively. She tapped the RoseRyan brain trust for technical assistance, such as drafting memos, and the team reviewed SOX practices to evaluate what controls were in place and what additional ones were needed for optimal compliance. The company went through SOX testing with flying colors, and RoseRyan continues to implement stronger controls, ensure compliance and mitigate risk.
Mission accomplished:
The client’s finance organization now runs on well-oiled wheels. The guru overcame the client’s institutional resistance to change, and her ability to work with the accounting team, deliver cost savings and provide unbiased operational advice to the controller boosted organizational effectiveness—and gave the controller the freedom to pursue strategic priorities.
