Health Check
Are you feeling uncertain about the accuracy of your financial reporting or wondering if your finance package could be optimised for greater efficiency? Look no further than our comprehensive EduFin Healthcheck.
What is the EduFin HealthCheck?
Our Healthchecks serve as invaluable external reviews, carefully examining your organisation's processes, procedures, and systems to pinpoint any irregularities or inefficiencies that may be hindering your financial performance.
What could your HealthCheck include?
Year-End Close Down
Ensuring completion on the finance system and reconciling opening balances with audited accounts.
User Accounts and Security
Reviewing access and security setup.
Good Housekeeping
Verifying accuracy of payment runs, VAT claims, and period close downs.
Consolidation Options:
Advising on streamlining processes like single bank accounts and VAT control.
Workflow and Automation
Assessing system setup for maximum efficiency.
Intercompany Reviews
If applicable.
Month-End Report Check
Confirming trial balance accuracy with key reports like aged debtors and creditors.
Balance Sheet Review
Ensuring balance and reconciliation of control accounts.
Budgetary Checks
Ensuring effective budget controls.