Breakwater Accounting Advisors LLP.

Business Information Services

Do you struggle with any of these challenges within your organization?

business information services

In today’s business environment, the sources and volume of data has increased exponentially. With all this data at our fingertips, why is it that management still has problems obtaining the information they need? Despite the evolutions in technology, management often finds that their systems cannot produce reliable and flexible reporting that truly reflects what is happening in the organization.By leveraging our expertise in data analytics we help our clients turn their data into business intelligence. The tools we use enable us to query large databases and analyze vast amounts of data in an efficient and cost effective manner. Our analysis provides strong levels of assurance for clients to meet internal management reporting needs, but also to support regulatory compliance requirements such as Sarbanes-Oxley or NI 52-109.

Our Services to Management include:

Ongoing controls monitoring (continuous control monitoring)
Identification of duplicate payments
Identifying losses from revenue leakage

Through our work with management (and their internal audit departments) we add value by identifying points of failure that lead to:

Reduced revenue leakage caused by disparate information systems, requiring time consuming, manual reconciliations which don’t guarantee 100% accuracy.
Recovered cost over-runs and the identification of significant cost overpayments to vendors.
Identify fraud exposures through the breakdown of internal and IT controls or procedures being overridden.