“Providing consultancy to help the CFO/CEO transform the accounting and finance team into a value added function.”

The accounting and finance function is moving away from being a simple processing centre and provider to historical financial reports.

It is evolving into a fully automated process centre, with a large majority of time and effort now spent analysis real-time information for immediate decision making,

Pensapos helps you do do both process improvement & automation, and designing your accounting and finance team to have a commercial mindset.

Process Improvement & Automation.

With over 20 years of delivering process improvements, Pensapos offers unrivaled expertise and practical support in improving your processes.

From considering how transactions are captured, then processed, and finally reported, you can be assured to have fast, accurate and integrated processes with minimal ongoing resources requirements to fix anomalies.

With a strong focus on Record-To-Report, successful improvement programmes are provided in all of the following areas:

1. Customer Billing (compliance with local in-country requirements, VAT Reporting, and recognition of revenue).
2. Customer Payment Processing (use of payment gateways, 100% allocation of funds to debtors, autoreconciliation).
3. Supplier Invoicing (compliance with local in-country requirements, VAT Reporting, accruals management).
4. Balance Sheet Account Reconciliations (including implementation of automation software, bank accounts).
5. Regulatory Filings (annual accounts, VAT, income taxes, audit engagement process).
6. Month End Close processing (elimination of manual entries)
7. ERP Architecture.(ensuring management reporting meets internal needs efficiently

Accounting & Finance Transformation.

Pensapos will help you conduct a strategic review of your accounting and finance team in the following areas:

Organisational Structure & Benchmarking

1. Assessment of organisational structure and business requirements.
2. Assessment of cost base and benchmarking.

Consideration of Shared Services

1. Assessing options to centralise functions.
2. Implementation & optimisation.

Accounting & Finance Outsourcing

1. Assessment of potential to outsource non-value add activities
2. Implementation & optimisation

Other Business Improvement Tools

1. Process redesign & standardization
2. Systems selections & implementation
3. Intelligent data capture & document management
4. Automated workflow
5. Automated reconciliations
6. Financial close management
7. Collaboration & knowledge management.