Protiviti Positioned as a "Leader" in Magic Quadrant for Financial Management Consulting Services

Published on Monday, 06 February 2012 13:09 Written by TradersHuddle Staff

Protiviti recognized for completeness of vision and ability to execute

MENLO PARK, Calif., Feb. 6, 2012 /PRNewswire/ -- Protiviti (www.protiviti.com), a global consulting firm, announced today that it has been positioned as a "Leader" by Gartner, Inc. in the Magic Quadrant for Financial Management Consulting Services[1]. Protiviti is one of 10 global consulting firms that Gartner evaluated in the report, which assesses each firm's financial management consulting capabilities and is used to help organizations evaluate the right consultants to support finance function consulting needs.

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According to the Gartner report, "Leaders are performing well today, with a clear vision of market-building competencies to sustain their leadership position in this space. The consultants in this quadrant generally share superior market understanding, vision, comprehensive methodologies and road maps. They have the global geographic reach to support their on-site clients and have well-communicated and well-marketed sales offerings. They also have the ability to advise regulators and assist financially stricken leading businesses in crisis."

"We believe Protiviti's position in the Leader quadrant in Gartner's 2011 Magic Quadrant for Financial Management Consulting Services reflects our ongoing success at helping companies achieve finance and accounting excellence," said James Pajakowski, executive vice president, Global Risk Solutions, Protiviti. "Today's CFOs face critical challenges – from reducing enterprise-wide costs without compromising enterprise control to managing complex financial risks, to ensuring compliance with complex regulatory requirements, to providing greater insight from today's deluge of data. Protiviti helps CFOs and other executives meet these challenges by taking a holistic, integrated approach to help them identify, solve and prevent problems resulting from a constantly changing business environment."

According to the report, "Where business consultants are more successful in the financial management consulting space, compared with their business consulting peers, is when they have widened their finance strategy portfolio to encompass a richer finance strategy, risk and compliance experience and have increased on-site geographic resources to meet and support current and new client demands." The report also states, "Financial management consultants are evolving to be more holistic, with expertise in verticals, finance, risk, business, technology know-how and, above all, knowing how to delight the client."

Added Pajakowski, "We are particularly pleased with the extremely positive client feedback reflected in the report as we believe it affirms our strategic focus on listening to and then responding effectively to the needs of our client."

As part of its comprehensive Financial Management Services, Protiviti helps CFOs and financial executives strengthen their finance functions, improve operational performance, measure and manage financial risks, and better integrate risk and performance management. Protiviti can help companies stabilize and improve the finance organization when non-routine situations arise, dramatically increase process and reporting effectiveness, and build leading-edge capabilities for providing relevant information and insights for better business decisions. Protiviti's services support merger, acquisition and divestiture transactions, including due diligence, merger integration and divestiture transaction support. Protiviti is also a leader in internal audit and financial control services.

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

[1] Gartner "Magic Quadrant for Financial Management Consulting Services" by Jacqueline Heng, December 19, 2011.

About Protiviti Inc.

Protiviti (www.protiviti.com) is a global consulting firm that helps companies solve problems in finance, technology, operations, governance, risk and internal audit. Through its network of more than 70 offices in over 20 countries, Protiviti has served more than 35 percent of FORTUNE® 1000 and Global 500 companies. The firm also works with smaller, growing companies, including those looking to go public, as well as with government agencies.

Protiviti is a wholly owned subsidiary of Robert Half International Inc. (NYSE: RHI). Founded in 1948, Robert Half International is a member of the S&P 500 index.

Protiviti is not licensed or registered as a public accounting firm and does not issue opinions on financial statements or offer attestation services.

SOURCE Protiviti