Profile: Resources Connection Inc (RECN.O)
16 Aug 2019
Resources Connection, Inc., incorporated on November 16, 1998, is a multinational consulting firm. The Company's operating entities primarily provide services under the name Resources Global Professionals (RGP). The Company provides consulting and business initiative support services to its global client base in the areas of accounting; finance; corporate governance, risk and compliance (GRC) management; corporate advisory, strategic communications and restructuring; information management; human capital; supply chain management, and legal and regulatory. The Company provides its services and solutions to a client base in a range of industries.
The Company's finance and accounting services encompass accounting operations, financial reporting, internal controls, financial analyses and business transactions. The Company provides specialized skills and then transfers knowledge to clients in order to help them leverage their own personnel. It specializes in providing customized solutions to its clients' business problems, through project management and providing access to project teams for a specific initiative. The Company helps organizations manage workload periods or add specific skill sets to ongoing client projects. The finance and accounting services include process transformation and improvement; financial reporting and analysis; technical and operational accounting; merger and acquisition due diligence; audit response; implementation of accounting standards, such as the revenue recognition pronouncement, and remediation support.
The Company's information management practice provides planning and execution services in over four primary areas: program and project management; business and technology integration; data strategy and management, and information technology (IT) strategy and advisory. The Company offers a range of technology solutions, which include enterprise resource planning (ERP) systems; strategic front-of-the-house systems; human resources (HR) information systems; supply chain management systems; core finance and accounting systems; audit compliance systems, and financial reporting, planning and consolidation systems. The Company's human capital consultants apply project-management and business analysis skills to help solve the people aspects of business problems. The primary areas of focus of its human capital practice are change management/business transformation and HR operations. The Company helps its clients with the people challenges of acquisitions, mergers, downsizing, reorganizations, system implementations or legislative requirements (Sarbanes, Basel II and the Patient Protection and Affordable Care Act, among others).
The Company's legal helps clients execute their legal, risk management and regulatory initiatives. The Company's supply chain management practice assists clients in the planning, execution, maintenance and troubleshooting of supply chain systems and processes. Its supply chain management services include supply chain strategy development; procurement and supplier management; logistics and materials management; supply chain planning and forecasting, and Unique Device Identification compliance. The GRC practice assists clients with a range of governance, risk management, internal audit and compliance initiatives. The Company's policyIQ is its cloud-based GRC software application, enabling the focused management of a range of GRC processes, including risk assessments, Sarbanes compliance, policy and procedure management, internal audit programs, anti-corruption compliance and contract administration. In addition, its engagement teams often utilizes policyIQ as a tool to assist in the collection, storing and review of project workpapers, deliverables and other critical project content.
Resources Connection Inc
17101 Armstrong Ave
IRVINE CA 92614-5730