Co-Sourcing / Out-Sourcing of Open Accounting Positions
Whether your accounting or finance team needs temporary accounting personnel to fill an open accounting position or additional assistance during period or year-end close, Monaco and its partners can provide experts with the appropriate skills and experience to fill that void. Our team of professionals include CPAs with experience in period end close, SEC reporting, special technical projects, and financial planning and analysis experience.
Finance Process Transformation
If you are looking to enhance your Procure to Pay, Order to Cash, Record to Report, or Financial Planning and Analysis function, Monaco can deliver professional consultants that have real world experience in compliance, cost reduction, controls optimization, system implementation, automation and process streamlining of your finance operations. Whether you are looking to transform people, process, technology, or all three, Monaco professionals can lead or support your finance organization’s initiatives in becoming a more strategic business partner.
Governance Assessments
Looking for an assessment of your organization’s corporate governance structure and how well it complies with a trusted governance framework? Monaco’s professionals have a wealth of experience in performing governance assessments against the COSO © and other governance frameworks. These assessments are customizable and can evaluate areas such as: leadership and culture, environmental and social, board structure and function, control environment, disclosure and transparency, stakeholder rights and improving the process for identifying and resolving reported grievances.
Financial Process Risk Assessments
Whether you want to outsource or co-source your risk management function or are simply looking for experienced professionals to augment your current resources for specific projects, our team of dedicated internal audit and finance professionals can help you meet those objectives and help you drive value, manage your organization’s risk, and help you drive down costs. Our methodology to providing risk management outsourcing and co-sourcing services takes a risk-based approach that focuses on the clients’ end objectives and the associated threats that could prevent our clients from achieving those objectives.
Third-Party Vendor Risk Assessments
Third-Party reliance is continuing to increase within organizations; however, with all of the intrinsic benefits of outsourcing services there are also strategic, regulatory, data security, financial and reputational risks associated with using third parties. Having a vendor management program is critical in today’s highly outsourced business environment and monitoring that compliance program is key to risk mitigation. Monaco audit, IT audit and supply chain professionals offer both outsourced and co-sourced options using routine assessments to work with your team to ensure compliance with your third-party vendor management program.