Risk Analysis These services are applicable to many industry sectors such as insurance & reinsurance, healthcare, real estate, banking & financial services, energy and others. To facilitate decision making regarding assumption and transfer of risk we can provide the following: - Model Development – creation of a new or modification of an existing worksheet (in Microsoft Excel format) that defines assumptions related to a specific business proposition, problem or situation and displays anticipated financial flows and results;
- Variable Identification – recognition of key variables in the worksheet and any correlation or dependency amongst them, specifying their range of possible values with probability distributions and categorizing the uncertain results desired to be analyzed;
- Simulation Analysis – examination of the model by running many iterations of different scenarios to determine the range and probabilities of all possible outcomes for the desired results being analyzed; and
- Results Illustration - displaying key statistics of desired outputs and inputs in user-friendly tables and graphs that can be easily interpreted to facilitate risk decision-making and action plans.
Our Risk Analysis services are delivered in partnership with Palisade Corporation, the maker of the popular risk and decision analysis software @RISK and the DecisionTools® Suite. To visualize the Risk Analysis services, an initial custom illustration can be made available on a complimentary basis. Subsequent analyses and consultations are billed on an hourly or fixed fee basis typically varying by size of client.
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Expense Management These services are applicable to virtually any type of business. In order to provide business owners a means to achieve significant savings in several categories of their company’s operations, we can facilitate and guide clients through any or all of the following: - Office Lease Audit - evaluation of facility, lease-related documents, invoices and other correspondence for accuracy to determine whether fees and payments assessed by the landlord under the lease have been appropriate followed by pursuit of any associated recoveries.
- Cost Segregation Study - process of identifying, reclassifying and separating out personal property assets from real property assets to shorten depreciation time for tax purposes, thereby increasing current cash flow and reducing income tax obligations.
- Operating Expense Review – analysis of bills to detect overpayments for (i) Workers' Compensation Insurance, (ii) Utilities, (iii) Telecom, (iv) Merchant Services, (v) Shipping and (vi) Waste.
- Tax Efficiency Analysis - identifying and capturing tax-related financial benefits associated with (i) Property Ownership, (ii) Small Business Income, (iii) Export Sales and (iv) R&D.
Our Expense Management services are delivered in partnership with AmCorp Management, one of the nation's leaders in the analysis of expenses and taxes. Fees for Expense Management services are paid on a performance only basis. This is advantageous to clients because cost of service is realized primarily as an offset to savings successfully achieved as a result of the consultation.
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