Business Process Solutions

Procure-to-Pay (P2P) is the process of obtaining products or services and making payment for them. It’s an essential life-cycle process for every company, requiring mastery of cash flow and vendor relationships to efficiently and effectively manage. A successful P2P process focuses on:

• Supply management
• Vendor selection
• Requisition
• Purchase order creation
• Receiving and record-keeping
• Invoice reconciliation
• Accounts payable

CKH Group assists clients in establishing a sound P2P model, from sourcing to invoicing, payments to proper accounting. We streamline purchasing with digital technologies to gain visibility, preserve transparency and control over-spending, while implementing self-service procurement to minimize off-contract spending. Some of the unique areas of improvement we target include:

• Supplier relationships, contract terms and tax rates
• Automated, electronic capture of all relevant transactions
• Reduction of errors, fraud and risk through process visibility
• Compliance of pre-agreed pricing and budget limits

Through a robust, accountable P2P process, we’ll help you control cash flow, mitigate accounting errors and fraud, and foster healthy vendor partnerships.

Travel and Expense (T/E) filings for medium-to-large organizations may cause complications for accounting departments. Processing T/E filings, coding them to the correct cost center and ensuring accounting compliance can be difficult. Without fundamental processes and formally-outlined terms for T/E management, your business could be at risk for tax liabilities.

CKH Group ensures a T/E filing process that encourages strict compliance, so your expenses are handled the right way, every time. We focus on establishing T/E criteria to assist your business in a variety of ways:

• Achieve more visibility and control over the expensing process
• Review and reconcile all purchase card and expense transactions
• Maintain policy control for travel and expense transactions
• Remove the hassle of individual employee reconciliation

Our formalized approach to process development includes eliminating ambiguities, reconciling misstated or misrepresented expenses, delineating clear expense guidelines and creating SOPs for proper T/E filing. We seek to help your accounting department dissuade reckless spending, prevent fraudulent expense claims and tighten the budget on unverified purchases.

We strive to simplify the way your business handles T/E purchases and how you processes these filings. Contact our team today and let us help you.

The Sarbanes-Oxley Act of 2002 (SOX) is a major piece of financial legislation in the United States, enacted to help prevent fraudulent activities among public companies. Rules and regulations driven by the enactment of SOX emphasize the importance of companies keeping accurate account reconciliations and portraying financial data in a transparent manner.

The experienced team at CKH Group will help you remain SOX compliant, supplementing your in-house reporting and accounting departments. We strive to assist you in maintaining balance sheet integrity through careful reconciliation, and we believe quality, accuracy and completeness are the building blocks of a robust process. Our team focuses on providing:

• Balance sheet support, specifically related to payroll
• Direct and indirect tax account reconciliation
• Timeliness of account reconciliation, with status tracking
• Methodologies for evaluating account reconciliation performance
• Technologies to ensure error-free, accurate balance sheet statements

CKH Group drives process control, to help your business remain SOX compliant at all times through adherence to clear standards. Let us assist you with process mapping, account management oversight and data-driven visualization and reporting on control activities, to guarantee SOX compliance at every stage of the account reconciliation process.

To ensure your company is SOX compliant and that your balance sheet is clean, compliant and transparent, contact our team of accountants today.

In the age of digital commerce, navigating the dynamic world of sales and use tax is complex and can quickly become overwhelming. To keep your organization aligned with proper accounting of sales and use tax, CKH Group mitigates inefficiencies and provides value-added changes for the future.
Our dedicated, experienced team handles all aspects of the compliance process, from data accumulation and tax computation, to return preparation, filing and payment. Through a scalable process, we ensure your returns are prepared and reviewed by knowledgeable tax experts. We can also assist with:

• Handling of notices
• Tracking tax liability exposure
• Interstate taxation accountability
• Opening and closing of account registrations
• Audit defense support
• Voluntary disclosure agreements
• Action plan creation

Our firm strives to be a seamless extension of your tax department, taking the time to understand your business processes to implement best practices. We clearly outline our workflow process at the start of every new engagement, maintaining complete transparency throughout the entire process. Our mission is to assist in developing processes that streamline your tax oversight, minimize liabilities and control business operations.

Contact CKH Group today and rest assured your returns will be filed and paid in a timely manner, with the appropriate taxing authority.