Business Process Re-engineering
The Columbia Group provides financial management and accounting support personnel with expertise in government accounting systems, regulations, and environments throughout the Execution Phase. The Columbia Group understands the various financial systems, including transaction-level processing, and their impacts on overall execution monitoring and reporting and on financial statements. The company has also proven its ability to assist on Naval Sea Systems Command (NAVSEA) policy development and Defense Finance and Accounting Service (DFAS) policy review with consideration of financial implications.
The Columbia Group provides financial management and accounting support personnel with expertise in government accounting systems, regulations, and environments throughout the Execution Phase. The Columbia Group understands the various financial systems, including transaction-level processing, and their impacts on overall execution monitoring and reporting and on the financial statements.
Prior to the transition for NAVSEA-HQ to Navy ERP, The Columbia Group provided planning support including risk mitigation strategy and revisions to business processes to minimize disruption from the accounting system change requirements. Business process changes incorporated the full spectrum of NAVSEA business and metric reporting.
Key Areas of Support
The key areas of Business Process Re-Engineering support The Columbia Group provides include:
Policy Guidance
The Columbia Group has also proven our ability to assist customers with Navy BSO policy development and Defense Finance and Accounting Service (DFAS) policy review with consideration of financial implications. In addition to our knowledge of budget and accounting operating procedures and directives, TCG utilizes audit opinions, laws and regulations to assist customers with policy changes to increase or meet internal control requirements.
Laws, Regulation & Policy Application
The Columbia Group provides support on daily workload requirements such as contract modifications, financial reporting, and processing of corrective actions in various financial systems (entitlement, accounting, and Treasury) consistent with laws, regulations, and the policies of DOD, Navy, and BSO. This allows for accurate and auditable information for program offices and BSO leadership to make sound decisions.
Working Groups / IPTs
The Columbia Group has provided support to a wide variety of working groups and IPTs, resulting in system, process, and policy changes to achieve the desired results. We can support singular aspects such as resolution of pre-validation issues, the end-to-end procurement cycle, or transition to another accounting system. Regardless of the underlying focus of the IPT, The Columbia Group considers knowledge across the various financial systems; impact of laws, regulations, and policies; accounting requirements from various authorities (GAAP, Treasury, DOD FMR, etc.); and knowledge of the organization’s business processes as part of the support and recommendations provided to the IPT.