PROFITON, Inc.
PROFITON, Inc.
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Contract Controllership + Internal Controls In One Place

Contract Controllership + Internal Controls In One PlaceContract Controllership + Internal Controls In One PlaceContract Controllership + Internal Controls In One PlaceContract Controllership + Internal Controls In One Place

Take advantage of a flexible, comprehensive approach that combines both!

Request a Consultation

Contract Controllership + Internal Controls In One Place

Contract Controllership + Internal Controls In One PlaceContract Controllership + Internal Controls In One PlaceContract Controllership + Internal Controls In One PlaceContract Controllership + Internal Controls In One Place

Take advantage of a flexible, comprehensive approach that combines both!

Request a Consultation

Driving Financial Accuracy and Compliance Excellence

Profiton, Inc. offers expertise in financial management solutions for SOX compliance, accounting close, and operations. The firm ensures strong internal controls, efficiency, and timely reporting enhances financial management and decision-making, delivering significant value through an efficient financial framework.

Service Scope and Benefits

Accounting and Internal Control Assessments

Collaborating closely with CFOs, controllers, accounting teams, and control owners, pain points are identified using broad experience, expertise, and AI to prioritize and provide effective solutions. 


  • Accounting Close:  1. Evaluate the efficiency and accuracy of the financial close process and 2. Identify bottlenecks and implement best practices to reduce close time.


  • Accounting Operations: 1. Review daily accounting operations to pinpoint inefficiencies. 2. Recommend improvements to streamline processes and enhance productivity.


  • Internal Controls (including SOX compliance):  1. Assess the effectiveness of the internal control design. 2. Evaluate the degree to which accounting and banking systems are being used to provide internal controls. 3. Provide actionable recommendations to strengthen controls.

 

Benefits:

  • Enhanced Efficiency: Streamline the accounting close and daily operations, saving time and resources.
  • Improved Accuracy: Ensure financial data is reliable and accurate, supporting better decision-making.
  • Regulatory Compliance: Maintain compliance with SOX and other regulations, reducing the risk of penalties and errors.
  • Risk Mitigation: Strengthen internal controls to prevent fraud and operational risks.


Success Stories: 

Lead the assessment and development of a SOX program for a pre-public medical manufacturing company through going public and achieving maximum reliance placed the team's SOX testing by a Big 4 Accounting Firm in the third year as a public company.


Reviewed the all aspects of the accounting operation for an SMB defense manufacturer 1. implemented new accounting system, 2. updated close processes with focus on accuracy, 3. handed back to internal team with training needed for them to successfully carry the processes forward.

Custom Tools and Knowledge-Based Development

 

Collaborating with CFOs, controllers, accounting, and operations teams to develop custom tools and knowledge bases that bring tailored expertise to your business, reducing the need for expensive consulting services.


  • Tailored Tools Leveraging AI and Advanced Excel: 1. Develop custom tools informed by AI to automate control design, risk assessments, and deficiency analysis. 2. Utilize advanced Excel for detailed analysis of accounting transactions and internal controls.


  • Proprietary Knowledge Bases:  1. Create industry/company-specific knowledge bases, integrating process standards, specific regulations, and internal control frameworks. 2.  Develop ERP and accounting system knowledge bases to enhance configuration and use, driving efficiency and compliance.


Success Stories:

Built a tool that performs the data analysis supporting the Segregation of Duties (SOD) analysis and user access review for the QAD ERP system. It identifies sensitive access by user, users who no longer need access, and those with conflicting duties, supporting the Controller and CFO in assessing risks associated with user access in QAD in minutes not hours with pinpoint accuracy.


Compiled a knowledge base that included the ISO, ERP, and SOX knowledge needed for the company to implement a SOX-compliant inventory cycle count process. The resulting process design empowered the operations team to lead the process, maintaining ISO and SOX compliance with a counting and monitoring strategy that allowed for efficient counts and effectively managed inventory risks going forward. 

Client Testimonial

Why Choose PROFITON, Inc.?

 Ken has been my consultant for many years guiding me through an IPO, SOX compliance, implementing software and business processes. Each of these projects were complicated which I relied on Ken's significant experience and judgment to do them well. 


 ~ VP, Corporate Controller, medical device manufacturer

Innovative AI Assisted Recent Wins

Risk and Control Matrix Alignment with ERP

 Aligned key financial reporting risks with a leading EPR, and specific business and industry practices for improved management and efficiency.

Automated Control Design and Narrative Creation

Saved time by automating control design and documentation for a large process change, aligning details from the risk and control matrix with operational and control environment nuances resulting with a comprehensive process description ready for audit. 

Deficiency Reporting with Root Cause Analysis

 Utilized AI for deeper understanding of root causes and informed exposure analysis, guiding effective remediations reflecting the client's specific needs and risk tolerance.

Spreadsheets transformed accounting. Now with AI in our toolbox, we stand on the brink of a new era of innovation and change for the profession.

Ken Roberts, Founder

Engagement Options

Project-Based Engagements

Comprehensive, end-to-end assessments and solutions for SOX compliance and financial process optimization scoped to meet your needs. This includes detailed assessments, implementing customized solutions, and thorough follow-up support to ensure successful integration and ongoing compliance. Key features: tailored assessments, customized solution implementation, and continuous support.


Fractional Controller

 The Fractional Controller service offers experienced Controller support during peak times or for overdue projects. We provide broad and deep expertise in accounting and internal control processes, ensuring continuity and efficiency in your financial operations. Key features: interim financial leadership, expertise in accounting, and internal control processes. 


Custom Tool Development

Tailored advanced Excel and AI-supported tools to enhance your accounting, internal control, and compliance processes. Our service includes training and support to ensure you can effectively utilize these tools for maximum benefit. Key features: customized tool development, advanced Excel and AI solutions, and comprehensive training and support. 

Contact

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PROFITON, Inc. operates with near-zero overhead working on-site at your location (hybrid) or remotely.

PROFITON, Inc.

14631 Southwest Millikan Way, Beaverton, Oregon 97003, United States

info@dialedinbiz.com

Hours

Today

By Appointment

Closed for major holidays

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