A small Canadian market leader for complex-case occupational therapy, helping patients regain function, independence and dignity
Our client was struggling with financial processes and controls, leading to excessive manual effort for billing and accounting activities, and long timelines for month-end reports. Additionally, poorly utilized IT systems resulted in data integrity and quality issues and access was not available to all who needed it.
TPG was brought in to conduct an accelerated 3-week assessment to determine the gaps within reconciliations, shorten the month-end close timelines, and update processes to ensure accuracy and consistency of accounting tasks. Mapping the organization’s current processes uncovered quick wins and longer-term system change requirements to ensure accurate reporting of revenues and expenses for service providers.
Following the discovery, TPG implemented solutions that addressed 96% of pain points and challenges identified during the assessment phase. Here are a few of the highlights:
As a result of this accelerated project, our client realized immediate financial benefits including: