Boost Your Accounting in 4 Simple Steps with Assessments

December 20, 2023

Staying ahead in the business world requires a constant commitment to improvement. One aspect often overlooked is the efficiency of accounting processes.

That’s where assessments truly shine.

An assessment will help pave the way to improved efficiency by identifying problems and implementing solutions. It will refine your processes for better scalability, resulting in an increased competitive advantage. Ultimately, it will help to align your strategy, resources and goals to make your future state vision a reality. Let’s dive into how our assessment process works.


Step 1: Discovery Phase

The journey begins with the Discovery Phase, where our team will conduct information gathering meetings with your team to gain a comprehensive understanding of your business processes, objectives and challenges. It sets the stage for a tailored assessment that addresses your unique needs.


Step 2: Assessment Phase

Here, our team will collaborate on the findings discovered during step 1. We will create a detailed analysis of your business processes and challenges, a “gap analysis” outlining areas for improvement.


Step 3: Report of Recommendations

The assessment analysis results in a comprehensive report of recommendations to address the gaps. The report will include a Project Roadmap that provides a reasonable timeline for implementation. Our team will meet with your team to present the findings and recommendations.


Step 4: Implementation

Assessment isn't just about diagnosis; it's about action. Our team will meet with you to discuss implementation and next steps. Based on the Assessment package chosen, additional items may be available, such as Workflow Diagrams and Policies and Procedures, offering tangible resources for a seamless transition to improved processes.


Elevate Your Business with MarksNelson

In the landscape of modern business, adaptability and efficiency are non-negotiable. An assessment of your accounting processes can be the catalyst for positive change, leading to refined processes, enhanced scalability and increased competitive advantage. By investing in this structured evaluation, businesses can align their strategy, resources and goals, turning their future state vision into a thriving reality.


Don't just adapt to change – embrace it. Unlock the full potential of your business with the power of assessments. Reach out to a member of our Client Accounting & Advisory Services (CAAS) team for more information. Let's embark on a journey to elevate your business to new heights!




As the Accounting Department Chair, Nicole is responsible for ensuring that MarksNelson’s clients have access to the accounting solutions needed to make informed business decisions based on accurate and timely financial data. To do this, she continuously evaluates the latest codes, regulations, and technology available... >>> READ MORE

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