Category: Best Practices

Creating Financial Policies that Work

Policies decentralize decision-making so no one has the power to bend the rules. Policies also promote consistent operations, so the same procedures and protocols are used for all situations. And financial policies promote transparency and accountability.

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Creating a Communications Contract

The communications contract is a system that offers a set of concrete steps that inspire people to accept responsibility, so they can be held accountable in order to succeed at their jobs, and that makes them feel part of something bigger.

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Establishing Check Writing Procedures

Check writing is one of the easiest to manage, and one of the most critical since it often has the greatest room for error and, potentially, fraud. We recommend that our clients keep close control over their check books with strict rules and protocols about payables and receivables.

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