Business consulting services are generally promoted, but not properly understood. Many people view these services as a conceptual exercise in futility with little or no connection to the real world challenges facing their businesses. Innovative Business Consultants understands that your business deserves better than theoretical concepts. We, therefore, speak your language and seek to understand the unique challenges that you encounter daily in running your business. We offer consulting services in different areas of business with the aim of improving efficiency and enhancing growth.
Business Management Consulting
Our team of management consultants will study your business, identify areas of inefficiencies, and come up with recommendations that will help your business improve the efficiency of financial, accounting operations and accounting system processes.
Business Process Improvement
Our Business Process Improvement (BPI) approach is designed to help organizations redesign their existing business operations to accomplish significant improvement in production. We analyze and research your current processes to identify the needs of your business and possible solutions to problems that your business might be facing. Effective BPI helps to generate promising results in operational efficiency. When implemented by means of a structured methodology, our BPI model helps companies to reduce their operational costs and cycle time, enhance customer service and improve the quality of our customer’s products or services. In addition, our BPI approach will assist to reduce waste and/or variation in processes to achieve the desired outcome by using existing resources in a more efficient manner.
Accounting Operations Solutions
With our accounting operations approach, we improve and augment our clients’ proficiencies to provide integrated, achievable accounting processes through recommended practices, technology support and competitive operating solutions which includes detailed process reviews.
Our audit readiness model includes assessing the quality of the entities’ overall reporting process, prioritizing and where possible, streamline the process and provide advice for implementation of audit-ready procedures.
Audit Liaison/ Coordination
Audits occur in each area of a financial institution throughout the year. Our Audit coordinators engage and work with these various departments to manage the overall audit process in a structured, efficient manner through our proven, structured, continual communication with client management approach. Throughout the audit engagement our coordinators generate various real-time status reports for financial, operations and systems/IT management to ensure the client is always aware of audit status.
Policies and Procedures
The objective of our policies and procedures model is to create guidelines formulated or adopted by an organization to reach its long-term goals and ensure that your business runs more smoothly. The new or updated procedures are then published in a consistent format and shared location that is widely accessible. We design policies and procedures to influence and determine all major decisions and actions to ensure that all activities take place within the boundaries set by them. Our procedures are created to specifically show policies in a day-to-day view of how operations are conducted within the organization. Together, policies and procedures ensure that a point of view held by the organization is translated into steps that result in an outcome compatible with that view.
We will assist you in planning, executing, and controlling the work of your team to achieve the specific project objectives Our project management model ensures a well-organized improvement process without any conflicts. The approach includes:
1. Define existing objective of the project based on the organization’s goals.
2. Identify the outcomes that would add value in achieving the organization’s objectives and determine the best solutions to align the organization’s processes to achieve these outcomes.
3. Organize project resources based on the desired outcomes.
In a nutshell, it is apparent that Innovative Business Consultants services are not generic; they are tailor-made to help you confront challenges that are unique to your business. Over the years, we have served hundreds of satisfied clients in Chesapeake, Virginia Beach, Norfolk, Hampton,VA and beyond. Thus, if you are looking for an experienced business consulting services provider that can speak your language address your particular needs, Innovative Business Consultants is the answer.