More About i5Services

Continuous Improvement

i5Services helps to empower organizations with the tools to have a culture of continuous improvement.

Profitability

In a word i5Services exists to help you improve your company’s profitability.

How do we help improve profitability?

Through a detailed review of payables and receivables that analyzes data, processes and resources. Reviews have also proven effective in any complex or high-volume transaction area (e.g. commissions, ticket sales, prescriptions, inventory, etc.)

What kind of results can you expect from the service?

Value is derived in 3 areas, historical review, continuous monitoring, and process improvements. The historical review informs the other two processes and often provides a one time recovery opportunity. Results from just the historical review range from .01% to 3% of annual revenues with an average of about .5%. Results vary based upon complexity and volume of transactions. The continuous monitoring and process improvment provide more meaningful and lasting results.

How do we do it?

It is a proven process developed over many years working with some of the top organizations in the world. The five key steps in the process are how i5Services got its name.

Why do I need this service?

You may find yourself saying, "Our processes are good. I don’t see any problems in my reporting. I’m sure I would notice a problem even if it was only 1% of annual revenues."

The existence of recovery audit, continuous monitoring, and professional services firms all focused on these problems attest to the fact that the problems exist in all organizations. The question is not ‘does the problem exist?’ but ‘how big is it?’. Our experience with organizations with less than a million dollars in annual revenues to billions of dollars in annual revenues in all types of industries has taught us that the problems exist in varying degrees in all organizations.

How do we get started?

A typical engagement starts with an assessment to determine a phase I scope and approach that minimizes impact on and maximizes value to your organization. Contact us today with questions or to schedule a free assessment.