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Lumi Ideas 4U


“Coming together is a beginning, staying together is progress, and working together is a success.” – Henry Ford

Finance/Accounting - Operations Process Improvements

 

We perform clients Finance/Accounting and Operations processes improvements using a process workflow that enables us, individually or with clients' designated teams, to manage work through a shared understanding of process.

  • Current state analysis
  • Define business challenges
  • Evaluate what needs to be changed
  • Redesign processes
  • Communicate new processes impact
  • Provide recommendations
  • Obtain approval and implement changes
  • Continually monitor process improvements effort.

We identify opportunities for processes improvements, present alternative solutions, and ensure successful internal policies and statutory regulations implementation (i.e.: CRA, IFRS, and ASPE Guidelines).

Our work includes ongoing process improvements considering the latest best practices for:

  • Accounts Payable
  • Accounts Receivable
  • Prepaid expenses
  • Employee expenses
  • Inventory
  • Cheques issuance
  • Templates, i.e.:Budget, Cash Management
  • Internal control and policies changes.