Financial Transformation

Companies are always changing and evolving to meet customer demands, however many of their internal processes stay the same. These process become antiquated, they don’t scale efficiently and create bottlenecks or even risk. Here are some things to think about:

CFO FLEX

Aviva Spectrum’s consultants and advisors have served as executives across multiple industries and at a variety of company sizes. They can help you create a business strategy to accomplish your objectives without the ongoing investment.

Risk Advisory

Our risk advisory services includes the latest best practice guidance covering internal audit strategies such as IT Governance, IT system analysis and process compliance strategies. We help clients streamline their existing functions, reducing overhead, improving controls and reducing risks. Aviva Spectrum has created a custom diagnostic that we provide on a complimentary basis that evaluates existing controls, risks and usage of best practices. The diagnostic includes a detailed report of our findings.

IT & Operational GRC

Governance, Risk and Compliance programs are designed to look forward, reduce risks and create efficiency. With all of the frameworks available, COBIT, ISO, CMM, Six Sigma and others can make it confusing to determine which one is the best for you. At times, it may be one or a combination of several. Aviva Spectrum is experienced on all of the major frameworks and can evaluate your existing program to insure it is accomplishing its goals.

If your business doesn’t have a GRC program, we can design and implement and optimal program from the ground up. This eliminates any costly missteps and sets the stage for success.

Latest from Insights

FORM 8300 AND IMPLICATIONS OF NOT FILING IT BY A CANNABIS DEALER

To run a Cannabis business in California you need to comply with a number of rules and regulations. There are different government reporting requirements where you will need to disclose about your business. There is a lot of stuff that you need to comply with seriously or else it is you who is going to suffer the most.

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4 THINGS TO LOOK FOR IN A CANNABIS ACCOUNTING FIRM

It’s no secret that running a cannabis business entails a lot of work. And sometimes, outsourcing some functions such as cannabis accounting makes more sense. It allows you to save time and focus your energy on other parts of your business.

In addition, outsourcing cannabis accounting assures you that you have access to quality accounting professionals. Accounting firms usually hire top-notch accountants with several years of experience and expertise in the industry. They already know the ins and outs of accounting, and they can do the work for you in the most effective and efficient way.

But as everything in business comes with a cost, hiring a cannabis accounting firm is also a tough decision to make. The benefits are considerable but if you choose the wrong firm, it might not go as well as expected and you might end up losing more. If you’re thinking of outsourcing your cannabis accounting, here are some criteria that can help in selecting the right firm for you.

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YEAR IN REVIEW: TOP 5 CANNABIS NEWS IN 2018

2018 was a big year for the growing cannabis industry around the world, particularly in California. There are still several hurdles for marijuana businesses such as banking limitations and 280E tax burdens, but there are many key wins as well, as evident from top cannabis news in 2018.

As we hope for a new thriving year for the industry, let’s take a look back at the top five cannabis news that happened in 2018.

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