Business Intelligence &

Process Reengineering

• Developed requirements for key revenue planning capabilities within a BI environment for the annual budget.  In addition, Praxisphere guided management with the reporting and presentation methods for using the planning capabilities in Hyperion Planning.  All participants have positively evaluated the work and it has facilitated an efficient and accurate workflow.
• Built out a datamart for tracking key revenue and expenses (commissions and bonuses) for a service provider. A user is now able to easily scale the business at various tiers which includes employee level detail.
• Documented the current processes for recording earned and unearned revenue and provided the design architecture to automate the procedures.  This process reduces the monthly closing for management by one day and provides better internal control for revenue.

Business Systems Implementations

• Guided management through all phases (software selection, design and implementation processes) of an automated travel and entertainment software project.  Praxisphere negotiated the price, developed the architectural design and participated throughout the entire implementation.  It should be noted that the architectural design eliminated the need for two databases to support multiple chart of accounts.

Periodic Accounting Support

• Facilitated the alignment of the fixed asset data with the general ledger account detail as part of the overall goal to reconcile for tax purposes.  This work saved the client approximately $150K in additional fees with another consulting firm.
• Supported external audit requirements by providing specific analysis for FAS 144 and providing advisement and support for cash reconciliations and FAS 142 analysis.

Budgeting & Business Modeling

• Managed the back office support for the annual budget.  Within this capacity, Praxisphere provided project management, modeling tools in BI and analysis methods for the budget.

M&A Due Diligence

• Participated with the due diligence of a company’s acquisition by evaluating the current people, processes and systems to be integrated with the acquiring company.