AMS

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News from AMS

Dec. 1, 2009

New Accounting Management Solutions Product, AMS Rapid Diagnostic™, Provides Rapid Assessment of Financial Operations

WALTHAM, Mass. – December 1, 2009 - Accounting Management Solutions, Inc. (AMS), a leading provider of outsourced accounting, financial management, and consulting services for private, public, and nonprofit organizations, today announced the availability of the AMS Rapid Diagnostic™, a comprehensive service used to assess the financial health of organizations and provide a roadmap for moving forward.

Every organization has its own finance “architecture” comprised of financial policies, processes and procedures, systems, internal controls and staff capabilities. The understanding and application of financial best practices can cut losses, maximize profits or position an organization for new opportunity and growth. The AMS Rapid Diagnostic provides an efficient assessment of financial and accounting operations, activities, financial management reporting, and business performance, while providing clear and specific recommendations to the organization.

The AMS Rapid Diagnostic is particularly appropriate during organizational transitions such as:

  • Management and staffing change
  • New opportunities
  • Rapid growth or decline
  • Due diligence as part of mergers, acquisitions, pre-IPOs
  • When an organization is seeking new financing or credit

“Rapid Diagnostics are often done at the behest of members of the management team, the board or potential investors,” said James Bourdon, president and chief executive officer of AMS. “The AMS Rapid Diagnostic is a very cost-efficient service that has the potential to yield our clients a high return, positioning an organization for the future.”

About Accounting Management Solutions

Accounting Management Solutions, Inc. (AMS) headquartered in the Boston area, with offices in Providence, RI and New York City, is a leading provider of outsourced part-time, temporary and interim accounting, financial management, and consulting services to private, public, and nonprofit organizations. As a long-term partner or a short-term solution, AMS provides: interim and part-time senior level support, including chief financial officers (CFO), vice presidents of finance, controllers, directors of finance and senior accountants; audit preparation and support; cash flow reporting and analysis; due diligence; financial reports development; GAAP/FASB compliance; IPO support; merger and acquisition accounting; new form 990 assessment and implementation; Sarbanes Oxley (SOX) compliance; SAS112/115 readiness, internal controls and much more. For additional corporate information, visit http://www.amsolutions.net For finance news and information, sign up for The AMS Report, the company’s free finance industry newsletter or visit The AMS Online Resource Center.

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