Category Archives: Client Success Stories

Case Study – Decentralized Operations | University

    Challenges: This private university, with over 15,000 students and $800M in annual revenue, operates under a decentralized accounts payable process.  Each group/department has the ability to initiate requisitions and approve and pay supplier invoices.  In addition, several non-integrated payment systems are used, making it difficult to impossible to check for prior payments. Solution: Broniec’s use

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    Case Study – Procurement Card Usage | Hospitality

      Challenges: This hotelier operates more than 70 hotels and casinos in 30 states.  Although the corporate office processed payables for the organization as a whole, each of the client’s properties also maintained their own checking account.  Vendor invoices were sent to the individual properties, where they were approved, and promptly paid.  Many of the same

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      Case Study – Unclaimed Property | Health Benefits Organizer

        Challenges: This billion plus dollar organization has been a Broniec client since 2004.  After multiple accounts payable audits, they requested Broniec’s assistance in researching general ledger items governed by unclaimed property rules to ensure assets are not wrongfully escheated.  Broniec Associates was also asked to prepare the documentation needed to support escheatment prevention or recovery

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        Case Study – Second Audit | Appliance Manufacturer

          Challenges: This multi-billion dollar global company is mindful of the need for maintaining controls throughout the organization to minimize the effects of disconnect between departments and businesses.  The client’s business units operate across several continents, multiple currencies, and many languages.  They were in need of an audit firm that would help them accomplish their corporate

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          Case Study – Contract Compliance | Health Benefits Organizer

            Challenges: In 2007 Broniec was awarded the accounts payable audit contract for a large life and health insurance company based in California.  While the insurance company had engaged in AP audits in the past, this was a first time engagement with Broniec. This billion dollar not-for-profit organization initially engaged Broniec Associates to perform a three

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