CDO Management-Kansas City, MO

At CDO Management Your Success is our Objective

Here are just a few examples of how CDO Management is making a difference in many of our client’s day-to-day operations.

See What Clients Are Saying About
CDO Management

From a college administrator

“The way you changed our capital budgeting process had just been wonderful. Instead of all the department managers fighting for money each year, we plan together our priorities and schedule our needs for the coming years … it has made all the difference in working together and getting the things that we really need when we need them.”

From a senior accounting manager
at a service company

“We had an unusual request for accounting information the other day that we didn’t know how to handle ... so we just thought about how you would have handled it and worked through the process we thought you would have used. It worked just fine.”

From a COO of a distribution
company to his sales manager

“Before you bring me any requests for customer discounts, do the analysis that they developed to see if it makes any sense financially.”

From a Board member
of nonprofit organization

“I was amazed at how well you worked with us and how fast you got to the heart of our problem and got it solved”

Dilemma:

Hospital cash flow problems due to chronic backlog in the Health Information Department

CDO Solution:

First our team redesigned the department’s workflow. Then they reorganized and trained the staff. Finally, they choose and implemented a new automated system for medical dictation and custom-designed an integrated data sharing system.

Result:

The transcription backlog was reduced from 14 to 5 days and information requests were reduced from 90 days to 2 days; decreasing the insurance billing backlog by $600,000.

Dilemma:

Poor cash flow due to high accounts receivable in a small managed care company

CDO Solution:

Developed systematic procedures for collections, trained staff for effective collection activity and established monitoring and follow up procedures.

Result:

Increased monthly cash receipts by 35%.

Dilemma:

Missing, misplaced, lost computers and copiers in a Company with over 450 offices nationwide

CDO Solution:

First we implemented an asset management database to help maintain control of over $40 million in technology assets. Then we established detailed technology asset auditing procedures.

Result:

The client was able to track the multiple places where equipment was located, saving over $200,000 annually by avoiding unnecessary payments.

Dilemma:

Owner of six businesses needed help improving operations in preparation for maximum sale value

CDO Solution:

We negotiated new purchasing agreements and developed comprehensive workflow analysis to streamline processes. We then implemented ERP software and trained the employees.

Result:

Reduced borrowing needs by $2MM and increased margins by 15%.In addition, we reduced overhead to lowest level in 10 years and provided owner with steady cash flow by downsizing and licensing businesses, allowing the owner to meet all his objectives.

Dilemma:

Preventing a “going concern” audit opinion from jeopardizing access to financing of a public company with 12 branches and uncertain asset values

CDO Solution:

Our team established work assignments and deadlines for internal audits of all the major asset categories. In addition, we directed and supervised all internal audit activity; restructured the accounting system and then implemented new controls.

Result:

The client received a clean audit opinion and a strengthened balance sheet. We put into place a specific process that allowed the company to grow their share value over time, with a starting common stock value of $0.13 per share to over $24.00 per share.

Dilemma:

New start up company needed administrative structure for day to day operations.

CDO Solution:

Beginning with an appropriate chart of accounts, we established accounting procedures, financial controls, human resource, information technology and other support requirements, funding sources and management reporting procedures.

Result:

The company had the business administrative foundation to support the engineering and sales expertise that led to a market leadership position in four years.

About us - Our Services - Our Success Stories - FAQs - Links - Contact