Streamlined Transition Management Solution for A Smooth and Seamless Shift.
At CrownGlobe, we follow a stringent and simplified transition process to ensure a smooth and seamless transition of your current account setup into a new integrated accounting environment. We understand and admire that every business is unique, and our approach is tailored to meet your specific requirements.
Our effective transition methodology is broadly segmented into five sections, ranging from business understanding to the monitoring and review phase.
Business Understanding
During the business understanding stage, we work closely with our clients to determine the nature of their business and the volume of work and processes to be outsourced.
We analyze the current documentation system, process flow, and internal control system, review policies and procedures in place, identify areas for improvement or changes required in the current system for a smooth transition, and identify the scope of services to be outsourced.
Gap Analysis and Scope Management
Our understanding of your business is used to analyze the gap between the current system and the proposed system required from a risk management and internal control perspective. This includes comparing the current system with the proposed system, identifying the gap, analyzing the gap, and finalizing the scope statement based on the requirements of control points.
We identify and communicate the roles and responsibilities of CrownGlobe and the client during the transition process, identify process weaknesses, suggest and develop new methods, strategies, and procedures wherever necessary, and fix a deadline to complete the transition process.
Implementation Planning
To give you broader choices, we:
- Identify the gap and scope to determine resource requirements and allocation.
- Make provision for additional resources and infrastructure facilities if required for the easy transition process.
- Analyze the number of different software and add-ons suitable for your reporting requirements, and
- Provide a comparative analysis of the multiple software to give you broader choices.
Transition
Our transition process relies on the work's complexity and quantity and the given timeline, which may vary from one month to three months.
- We document and draft every process related to the document, data collection, understanding of client business, roles and responsibilities of every officer (RASCI Matrix), and cost apportionment master.
- We compare actual performance at regular intervals and communicate the same to management for further required actions.
- We advise our client to do the parallel running of their current system until the new system is thoroughly tested and implemented.
- During our implementation phase, the client team is also trained on new software's functionality and features, if any, to view and generate reports.
Monitoring and Review
- We aim to strictly monitor each task defined in the statement's scope and observe the same regularly.
- We implement automation and control checkpoints in different processes for improved internal control systems.
- We consider regular reporting to the touchpoints about the new system implementation progress and receiving inputs from clients for further improvements.
Seamless Transition, Stress-Free Operation: CrownGlobe’s Way
At CrownGlobe, we pride ourselves on our attention to detail and ability to tailor our services to meet your requirements. Get in touch with us today and experience a seamless and hassle-free transition process for your accounting needs with CrownGlobe!