Provider Transition
Changing providers shouldn't create a new financial problem.
A good transition establishes what exists, what is missing, what reconciles, what remains unresolved, and who owns each responsibility before ongoing work begins.
Transition review may include
- Records inventory
- Systems and access inventory
- Bank and opening-balance review
- Prior reports and open reporting periods
- Outstanding transactions and unresolved items
- Reconciliation status
- Filing calendar and deadlines
- Known corrections or historical issues
- Responsibility handoff
- Transition documentation
A strong fit when
- The committee is leaving another provider
- A treasurer or finance staff member is departing
- Historical balances are not clearly supported
- Access, records, and responsibilities are fragmented across people or systems
Establish the baseline before ongoing work begins.
Provider transition is not simply an account-access exercise. Ferrenhall's objective is to understand the condition of the records and unresolved issues so the new operating process starts from a documented baseline.