Insight Search Search Submit Sort by: Relevance Date Search Sort by RelevanceDate Order AscDesc Flash Report August 7, 2020 Lease Auditing: An Untapped ROI Opportunity Identifying and Recovering Excessive Billings From Landlords Issue Is your landlord complying with the financial aspects of your lease? Commercial leases are often structured to include ambiguous and complex cost terminology aligning with the landlord’s financial interest. On top of a base rent payment, these leases often include subsequent expenses that vary year to year, such as common area… Client Story September 14, 2023 Organizational Changes Drive Seamless Transformation of Back-Office Processes to Propel Business Strategy Protiviti partnered with leading technology company to assess, redesign, and standardize procurement, accounting, and finance functions. The company’s overall goal was to eliminate manual and disparate back-office processes to create capacity for strategic and growth objectives. Client Story May 8, 2020 Procure-to-pay transformation at offshore drilling company delivers savings of over $45 million An offshore drilling contractor with operations on six continents was experiencing extreme delays in the procurement of goods and services, which also created payment processing challenges and high transaction costs to issue purchase orders and process invoices for payment. The problem stemmed from inefficiencies across the entire procure-to-pay (P2P) process — procurement, receiving, accounts… Whitepaper February 22, 2021 Changes to Accounting Standards Offer Transformational Opportunities for Insurers, with Extended Time to Implement Big changes are coming to how the insurance industry recognizes and reports out financial performance. But the effects won’t be felt just in the accounting department. IFRS 17, Insurance Contracts, and its U.S. companion, accounting standard ASU 2018-12, Targeted Improvements to the Accounting for Long-Duration Contracts, are intended to add clarity for investors in the wake of events and… Client Story July 22, 2021 Amidst COVID-19 challenges, global healthcare company tackles finance transformation to support business expansion Companies experiencing rapid growth frequently find it difficult to scale their operations at a pace that fully supports the expanding business. For one healthcare company in particular, that task became even more challenging last year when a global pandemic ushered in remote working and further separated intensely data-centric functions that happened to be siloed in the first place. Client Story March 10, 2023 Technology transformation and change management help non-profit organization reach donors and improve fundraising Technology transformation, change management help nonprofit reach donors, improve fundraising and impact communities Insights paper April 19, 2024 Key Medical Coding Audit Topics Compliance Auditors Should Consider The average cost to rework a claim or appeal a denial is approximately $118 per claim for hospitals and $25 per claim for physician practices. Failing to document, code and submit clean claims properly can impact your organization’s bottom line via lost revenue due to denials and/or added labor costs to rework or appeal claims that could have been submitted correctly and paid on receipt. As… Survey March 9, 2023 Achieving Audit Relevance As internal audit functions face a continuing talent crunch and demands to support the organization’s strategic moves in response to external events, chief audit executives (CAEs) are focused on growing internal audit’s relevance with the board, senior executives and other stakeholders.For internal audit functions, elevating their relevance requires ongoing evolution and a committed focus on… Client Story November 18, 2022 Insurance Distribution Firm Positions Itself for Successful IPO and Global Expansion with Finance and Technology Transformation An award-winning, entrepreneurial insurance distribution and risk management firm serving more than 1.2 million clients was facing multiple challenges as it prepared to launch an initial public offering (IPO). The company was experiencing massive growth through the acquisition of as many as 20 companies per year. Its leadership was innovating the industry with a vision to expand internationally,… Podcast August 20, 2020 Embracing the Next Generation of Internal Auditing It’s time for internal audit leaders and professionals to stand up and ride their own wave of transformation and innovation. But the results of the latest Next-Generation Internal Audit survey from Protiviti show that much progress still needs to be made in growing competency levels and next-generation auditing methodologies, in advancing innovation and transformation initiatives, and in… Load More
