The CFO of a non-profit engaged CFO Consulting Partners (“CFOCP”) to streamline the management report preparation process for the Board of Directors, and to fix data integrity problems. CFOCP reorganized the chart of accounts, reformatted management reports and mapped the numbers from the revised chart of accounts to the new management report.
The result was reports that could be produced in minutes versus many hours, and the problems causing the report to be inaccurate were eliminated. With more time for analysis and an impactful report layout, the Board of Directors received a much improved presentation. Compliments to the CFO were in abundance.