RSM has had the privilege of helping many of our clients achieve and exceed their goals in 2023. Following are just a few of the incredible opportunities where we’ve unlocked the full power of RSM to make a positive impact on our clients and their businesses.
Using an RSM-developed and artificial intelligence-based solution, we have generated a recommendation on internal audit scope. RSM is helping a top-ten U.S. retail bank, serving customers globally, to use the data it has to make faster, more consistent decisions on whether complaints it receives represent areas of emerging risk and should be included in the scope for planning.
Using data from control self-assessments, issues and complaints, we quantified the level of risk using natural language processing (NLP), a clustering model and a rules engine.
With NLP doing the heavy lifting of converting and grouping millions of raw complaints, key topics were standardized to facilitate counting and trending as well as linking to audit units, processes, risks and controls, allowing auditors to quickly identify risk areas. It was a highly successful way to bring efficiency to our client’s business.
Sampled—formerly one of the world’s largest academic biorepositories and developer of the first at-home COVID-19 saliva test with emergency use authorization approval—made a strategic decision to carve out from their academic beginnings and form a commercial biorepository.
To accomplish this undertaking, Sampled engaged RSM to design and implement its finance and accounting function as well as manage the operational challenges that came with the formation of the new entity. Through industry knowledge and experience, RSM’s life sciences practice empowered Sampled to scale its business at the speed of change by letting it keep its focus on breakthrough scientific innovations.
The intersection of industry experience, technical capacity and passion for understanding a customer’s unique set of challenges regarding health equity and patient experience highlights how technology can directly affect lives.
Using enterprise-wide data analytics, RSM has helped Corewell Health to identify and understand what type of experience its patients are having overall and determine performance improvements it can make to enhance the experience. Using a data warehouse solution to harness the many factors affecting the client experience, Corewell could see the whole picture of a patient to understand the variation in patient experience across demographics and background to reduce disparities and increase health equity.
RSM Fund Services+, our bundled fund administration solution, is powered by our passion to solve our clients’ challenges. Our experienced professionals leverage industry-leading technology to help clients simplify their fund management so they can focus confidently on strategy and growth.
We recently worked with Kamylon Holdings, a private equity firm, to optimize its middle- and back-office functions and facilitate its capacity to scale. We ultimately delivered an integrated solution—including fund administration, tax compliance and management company accounting—with an efficient single point of contact.