Elevatte Advisory Services

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Finance Function Advisory

Strengthening Finance Functions for Growth

A strong finance function is more than accurate numbers — it’s built on continuous finance process improvements, defined processes, clear policies and effective controls that enable consistency, transparency and accountability across operations. A well-structured finance function supports scalable growth, regulatory compliance and confident decision-making.
Elevatte’s Finance Function Advisory services focus on enhancing how your operation work – whether you are building a new team, refining workflows or improving governance. Our goal is to create lasting frameworks that strengthen performance and support sustainable business growth.

Finance Function & Process Improvement

A strong finance operation depends on efficiency, accuracy and clear accountability. We assess your end-to-end finance workflows and operating structures to deliver targeted finance process improvement, strengthen governance framework, reduce manual work and improve month-end and year-end close processes that meet audit and compliance expectations.

Our advisory combines process optimisation and SOP development to help your finance team operate with structure, clarity and discipline. We align systems, policies and people to create a finance function that performs reliably, scales sustainably and supports confident business decisions.

Scope of work includes:

  • Review and optimise month-end and year-end close processes for timeliness and accuracy
  • Map and improve key finance cycles such as procure-to-pay, order-to-cash and record-to-report
  • Design and document finance policies, SOPs and internal control frameworks
  • Recommend optimal finance team structure, reporting lines and accountability frameworks
  • Identify technology and automation opportunities to improve operational efficiency

Implementation of New Accounting Standards (MFRS / MPERS)

Adopting new accounting standards such as Malaysian Financial Reporting Standards (MFRS) or Malaysian Private Entities Reporting Standard (MPERS) can be complex, requiring both technical understanding and practical application. We support MFRS / MPERS implementation, helping businesses apply new accounting standard requirements accurately and consistently while ensuring compliance. We provide hands-on support from assessment to implementation, ensuring smooth adoption across your finance function.

Scope of work includes:

  • Gap analysis to assess current compliance with MFRS or MPERS requirements
  • Impact assessment and adjustment details
  • Accounting policy development and preparation of supporting documentation
  • Implementation of new disclosure and reporting requirements
  • Staff training and guidance on the accounting standard interpretation

Custom Advisory Solutions

For requirements beyond the above scope, Elevatte delivers customised finance advisory engagements tailored to your organisation’s specific needs.
We will have an in-depth discussion to understand your current challenges, goals and desired outcomes before defining a clear scope of work. Our team then designs a tailored approach — outlining objectives, areas of review, key work steps, timeline and deliverables. We will ensure every solution is practical, results-focused and aligned with your business direction.
Fees for all advisory works are customised based on the complexity and duration of the engagement. A detailed proposal will be provided after the initial consultation.

Build A Finance Function That Performs At The Next Level

We help you design processes, policies and governance that drive control, consistency and growth.
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