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Accounting System for a Fortune 50 Mortgage Finance Company More

Business Problem
  •   Issues with current accounting process and data quality
  •   Compliance issues for amortization of premium and discounts
  •   FAS 91 compliance
  •   Process review against FAS 91, FAS 115 and EITF 99-20 as well as internal policies
  •   Requirement of changes to process with multiple business teams

Solution
  •   Developed strategy for process changes
  •   Developed detailed solution for incorporation of data quality in the process
  •   Performed documentation of process changes as business requirements with a detailed plan for     automation of process changes by IT Team of the client

Benefit to the Client:
  •   Enabled the client to streamline data quality issues in Get Current process



Business Operation and Controls for a Fortune 50 Mortgage Finance Company More

Business Problem
  •   Challenging need for Accounting Restatement against aggressive schedule
  •   Shortening long Accounting cycle time
  •   Lack of reliability and stability of processes

Solution
  •   Re-engineered business processes and strengthened compliance
  •   Automated processes for Data Analytics
  •   Tightened Process Integration and Enhanced Controls

Benefit to the Client:
  •   Highly effective in helping to complete Accounting Restatement
  •   Shortened Accounting Cycle Time by 50%
  •   Improved stability and reliability of the underlying processes