At Strategic iQ, we bring unparalleled expertise and innovative solutions to help companies streamline their global Month-end close and Financial Consolidations process while enforcing the most stringent internal controls to ensure the optimal level of data quality and reporting accuracy is achieved. Leveraging our functional and technical expertise, we can design and build robust end-to-end solutions that achieve optimal efficiency and effectiveness.
The financial planning and analysis space offers significant opportunities to aid companies in their attempt to integrate their long-range plan, operating plan and forecast to manage risk effectively, forecast more accurately and reduce cycle times. We have the framework and toolkit to implement world class driver-based planning solutions that effectively integrate operational data with financial planning systems and processes.
Profit and Cost Management is a vastly under-served function within the finance space that can unlock significant business value. With the ever-changing supply chain landscape and international trade laws, the need to effectively manage material and other manufacturing costs is critical to achieving optimal profit margins. We offer our clients leading technical and functional solutions to integrate automated profit and cost management solutions with their global financial planning systems and processes.
Leveraging the COSO Enterprise Risk Management (ERM) framework, our team of Certified Internal Auditors (CIA) can help you with the proper identification of risks and enforcement of internal controls in your business operations or as part of a broader transformation or system implementation initiative. Our team of experts can further help to ensure your financial reporting function has the proper controls in place for Sarbanes-Oxley (SOX) compliance going well beyond sections 302 and 404.
Do your financial reporting operations and systems support tax planning and reporting on a legal entity basis as well as external and management reporting? Does your financial reporting system have the flexibility and controls in place to support statutory as well as IFRS / US GAAP reporting with full audit trail and traceability? If not, you may be missing out on an opportunity to integrate your financial and tax reporting capabilities to gain significant process efficiencies and improved accuracy of tax data.
Our team of SiQ consultants bring real-world treasury, capital management and cash management experience and expertise to deliver measurable value. We take a holistic approach to implementing trans-formative treasury based solutions by integrating processes and systems across the full landscape of the finance organization. Our cash forecasting and treasury excellence solutions ensure full alignment and optimal process efficiencies and effectiveness is achieved.
The SiQ Assessment provides a holistic view of your finance processes across the full, end-to-end operations landscape and an integrated view of your systems' effectiveness in supporting business operations, processes and decision making. The SiQ Assessment enables business justification for recommending change and provides a starting point for helping establish a continuous and sustainable performance improvement culture leading to an agile enterprise with lower costs, higher data quality and better margins. The SiQ Assessment further aids in developing a business case leading to an actionable road-map supported by the leadership team.
At Strategic iQ, we help our clients transform their business operations by leveraging proven project management methodologies, effective change management techniques and our functional expertise to streamline operations, reduce cycle times and deliver actionable insight. If you are experiencing a reorganization as a result of a merger, acquisition, divestiture or spin-off, we have developed a playbook for integrating your systems and process while invoking leading change management methods for ensuring your team is ready for Day 1 and beyond.
Using a subscription based model, the SiQ FaaS offering bundles our finance excellence services to provide a dedicated team delivering continuous operational support and best-in-class solutions. When embarking on a multi-phased finance transformation initiative, our team can back-fill your subject matter resources to provide uninterrupted support of day-to-day activities while aligning with the project team to support incremental enhancement deployments. The SiQ FaaS model leverages Robotic Process Automation (RPA), Machine Learning, and Artificial Intelligence to yield significant efficiencies through process automation.
As much as 50% of finance operations is expected to be automated in just the next few years. The benefits of automation are clear - increased efficiency and reduced errors, streamlined transactional processing, automated reconciliations, continuous internal audit controls and enhanced financial planning and analysis. We offer our clients innovative solutions that incorporate Robotic Process Automation (RPA), Machine Learning, and Artificial Intelligence to improve process efficiencies and convert data into actionable intelligence.
With over 100 successful system implementations to date, we offer an agile, business focused approach to leading all phases of your system implementation initiative. We specialize in complex, multi-focused, full life-cycle system implementations that are cross-functional in nature and deliver measurable value and ROI. We offer full transparency as we guide our clients through application redesigns, upgrades and continuous improvement projects. Our team of consultants specialize in EPM, ERP, and Profit and Cost Management systems tailored to your specific business objectives and requirements.
Our leadership team possesses over 50 combined years of automotive industry experience in functional and technical roles. We bring practical experience and knowledge of this ever changing and evolving industry that few professional services firms can match. As we are based in the heart of the automotive industry - Detroit - we are logistically close to the majority of automotive suppliers and OEMs which allows us to closely monitor trends that influence the industry. Our benchmark database of leading practices and prebuilt solutions tailored to automotive organizations serve as accelerators.