New York, N.Y.—April 14, 2009— ALaS Consulting LLC, an advisory firm focused on finance, accounting and operations optimization and control and recently named by Inc Magazine as one of the fastest-growing private U.S. companies, has been selected as one of 2009’s Seven Small Jewels by Consulting Magazine. The company’s clients are among the largest international banks, securities firms and financial services providers.
Each year Consulting Magazine (www.consultingmagazine.com) identifies the “Hidden Gems of the Consulting Profession” by recognizing the Seven Small Jewels of the industry. Describing ALaS’s projected earnings of $24 million—an increase of 38 percent from $18 million in 2008—as “truly something special,” Consulting Magazine lauded the company’s growth in the present economy as “a prime example of why investing in a downturn truly pays off.”
“The firm is built upon industry expertise,” said Harjinder Sidhu, ALaS’s co-founder and CFO, in an interview with Consulting Magazine. “When you’re using ALaS, you’re actually talking to somebody who has been in your shoes and understands and empathizes with the problems that you’re facing.”
Noting that specialization in business process re-engineering is key to the company’s success, Sidhu stated that ALaS is “very much about control and efficiency, making sure our clients are processing transactions, often high volume, high in materiality in terms of dollars, in an efficient and controlled way.”
About ALaS
ALaS helps financial services firms establish and enhance enterprise-wide control environments. ALaS Consulting offers expertise and innovative tactical solutions across asset classes for product control, financial and operational risk mitigation, process optimization and cost containment. ALaS Software offerings include ALaS CaPRI™ an enterprise-wide application that establishes control of the P&L and balance sheet substantiation process; ALaS DocPort™ a process and procedures documentation portal, and ALaS iSquare™ a three-way Subledger reporting and reconciliation solution. For more information visit: www.alascorp.com.
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