Unveiling a World of Solutions: Services Offered by Prima Consulting

Empower Your Business with Services Offered by Prima Consulting

In today’s dynamic business landscape, navigating financial complexities and mitigating risks can be daunting. Prima Consulting, your trusted partner in the MENA region, is here to help.

We offer a comprehensive suite of services to empower your business and equip you to achieve your financial goals confidently.

Our team of seasoned professionals, boasting over 50 years of collective experience, brings unparalleled regional expertise to the table.

We leverage this in-depth knowledge, coupled with data-driven insights and industry best practices, to deliver customizable solutions that generate tangible results.

Here's what sets Prima Consulting apart

Deep Regional Expertise

We understand the unique challenges and opportunities facing businesses in the MENA region, including navigating complex regulations and capitalizing on emerging market trends.

Trusted Partnership

We build lasting relationships with our clients, serving at all levels to become your dedicated partner for success.

Unparalleled Client Service

Prima Consulting is committed to delivering exceptional client service, guaranteeing that you will not only receive expertise but also a dedicated partnership throughout your journey.

Actionable Insights, Proven Results

We go beyond problem identification. We leverage data analytics and industry best practices to deliver measurable results.

Streamline Operations with Our Managed Services

Prima Consulting offers a robust suite of managed services to streamline your back-office operations and free up valuable resources to focus on core business activities. Here’s what we offer:

Finance and Corporate Reporting

Streamlined Cloud-Based Bookkeeping and financial statement preparation
Efficient Payroll Management solutions
Accurate Budgeting and Forecasting to stay ahead of financial curves
Comprehensive Financial Planning & Analysis (FP&A) to make informed decisions
Fractional CFO and Controller Services providing expert financial leadership
Expert Audit Support to ensure seamless compliance

Risk and Controls

Clear Policy and Procedures Documentation for a solid internal control framework
Efficient Internal Audit Outsourcing to mitigate risks and ensure compliance
Robust Enterprise Risk Management Services for proactive risk identification and management
Comprehensive Cybersecurity Risk and Control Assessments to safeguard your data
Effective Corporate Governance Management for strong corporate practices

Digital Services

Application & Infrastructure Management to optimize your IT environment
Cost-effective cloud Optimization and Maintenance for scalability and security
Automated and Optimized Software Development Lifecycle (SDLC) for efficient software development
Reliable Application Maintenance Support to keep your systems running smoothly
Enhanced Digital Operations and Workflow Optimization for improved efficiency
Strategic SEO Planning and Implementation to boost online visibility

Unleash the Power of Data with Our Consultancy Services

Prima Consulting provides a comprehensive range of consultancy services to help you navigate the complexities of financial and risk management. Our expert consultants offer the following:

Actuarial Services

Employee Benefits Valuation

We provide comprehensive services, including IAS 19 valuations, auditor's expert reviews, new scheme setup, and benefit harmonization. Our team can also develop asset/liability models, conduct replacement ratio studies, and assist with DB to DC conversions, fund terminations, and expense/cash flow studies.

Reserving, Pricing & Insurance Analytics

We offer appointed actuary services, technical reserves valuations, pricing & ratemaking services, actuarial modeling expertise, and support for embedded derivatives and enterprise risk management. We conduct reinsurance assessments, provide expert services for insurance reserve reviews, and deliver advanced insurance data analytics solutions.

Management Consulting

Management Consultancy

Our team offers a wide range of management consulting services, including business advisory, business process management, financial planning & analysis (FP&A), SOPs review and assessment, virtual CxO Services providing on-demand senior leadership expertise, business strategy reviews to help you chart your course, and business & financial modeling for informed decision-making. We also help clients review pricing strategies and campaigns, conduct feasibility studies, and navigate complex challenges.

Financial & Risk Advisory

IFRS Advisory & Accounting Services

We offer expert guidance and support for various IFRS standards, including IFRS 2, 3, 9, 13, 15, 16, 17, and IAS 36. Our services encompass high-end operational advisory, financial reporting, and more.

ECL Modelling and Derivative Pricing

We help you develop an appropriate business case, build robust ECL models, and implement effective hedging strategies. We also provide expertise in derivative valuations.

Internal Audit & Governance

Our team offers comprehensive internal audit and consulting services, covering aspects like Sox 404, COSO, ICFR, and internal controls. We also assist with enterprise risk management, entity risk profiling, and governance, risk, and compliance (GRC) frameworks. We even provide training programs for both technical and soft skills development.

Private / Family Office Governance

Circle of Family

We help families develop a family charter, establish a family council with clear terms of reference, and set up shareholder councils with defined mandates. We also assist in forming working groups and committees and crafting effective shareholder agreements.

Circle of Business

We offer expertise in the board of directors and committee formation, risk management framework development, and asset portfolio evaluation matrices. Additionally, we guide community service initiatives to give back to society.

Harness Technology for Growth with Our Technology Services

Prima Consulting can empower your business with cutting-edge technology solutions in today’s data-driven world. Our services include:

Data Analytics & Digital Transformation

Custom Software Development tailored to your unique needs and processes
Seamless System Integrations to optimize workflows and data flow
Cloud Deployment and Management for scalability, security, and accessibility
Advanced Big Data Analytics, including predictive, prescriptive, and cognitive functionalities to extract hidden insights from your data
Robust Data Engineering Solutions for data collection, transformation, and preparation
Secure and Efficient Data Warehousing for centralized data storage and analysis

Technology Products

Solutions Tailored to Your Needs

We understand that every business is unique. That’s why we work closely with you to understand your specific needs and goals. By leveraging our expertise and comprehensive service portfolio, we can help you navigate challenges, optimize operations, and unlock your full growth potential.

Ready to embark on your journey to financial success? Contact Prima Consulting today to schedule a free consultation and explore how our services can empower your business.

Let’s discuss your needs and craft a roadmap to achieving your financial goals!

Frequently Asked Questions

We offer a unique blend of deep regional expertise, proven methodologies, and data-driven insights to deliver customizable solutions and measurable results. Our collaborative approach ensures a long-term partnership focused on your success.

We understand businesses' specific challenges and regulations in the MENA region, particularly in key markets like Saudi Arabia and the UAE. We can help you navigate IFRS compliance, manage financial risks, optimize your operations for sustainable growth, and seize the opportunities presented by emerging market trends.

Our team of seasoned professionals boasts over 50 years of combined experience in various financial and risk management disciplines. We hold relevant certifications and possess in-depth knowledge of IFRS, actuarial science, and best practices in the MENA region.

Schedule a free consultation today to discuss your challenges and explore how Prima Consulting can help your business thrive!

Let's Talk!

Ready to unlock the full potential of your business in the MENA region? Contact Prima Consulting today to discuss your specific needs and explore how our comprehensive suite of services can help you achieve your financial and risk management goals.