New Independent Financial/Business Operations Company Will Provide Expert, Objective, and Product-Neutral Consulting Services to Professional Services Firms
CHICAGO – August 29, 2011 – From the recent Thomson Reuters divestiture of Hildebrandt Baker Robbins comes the formation of independent consultancy Source Consulting Group LLC (“Source”). Formerly the Hildebrandt Baker Robbins Financial Systems and Operational Group, the new company will continue to build its financial practice and provide product-neutral consulting services to legal, accounting and consulting providers. Now independent and privately owned, Source will be one of Thomson Reuters’ partner companies.
Led by Sonnie Yoon, the former head of Hildebrandt’s Financial Systems and Operational Group, Source will provide project continuity for existing clients, leveraging its successful
methodologies, work products and intellectual property, including the renowned Hildebrandt Finance Operational Survey that provides critical industry benchmarking data and analysis. The management team will also include Dana L. Clifford, who prior to joining the firm was the founder of DLC Resource Group LLC. Source has added more seasoned consultants to its already impressive list of expert resources in order to ensure its position as the premier provider of consultancy services in the industry. Source already boasts a distinguished list of loyal clients comprised of legal, accounting and other professional service firms.
Source consultants possess decades of experience advising companies and providing comprehensive project management, including managing and leading internal and vendor staffing. The group leverages its experience with multi-office and international firms to provide business processes engineering, complex solution design and large-scale project management. The group ensures accountability by providing project roadmaps and instilling quality control at every stage of an engagement.
Ms. Clifford remarks, “One of the major challenges today’s professional services firms face is achieving an acceptable level of return-on-investment when implementing financial and business systems. Source’s expertise in business process and best practices helps companies identify areas for improvement and create strategies to fully realize the benefits of their technology investments.”
Source consultants have a strong track record in the professional service industry, having worked with many of the largest legal, accounting and consulting providers in the world. According to Ms. Yoon, “The professional service industry is changing dramatically because alternatives to hourly billing have brought increased price pressure while driving down profit margins. For these reasons, efficiency is at a premium, which is precisely why Source’s expert services are so essential to our clients. We have already established considerable momentum for our initial launch and look forward to expanding and growing the firm while maintaining our dedication to excellence.”
ABOUT SOURCE CONSULTING GROUP
Source Consulting Group, formerly a division of Hildebrandt Baker Robbins, a Thomson Reuters business, is a consulting firm specializing in providing comprehensive project management and business process services to legal, accounting and consulting providers. The company provides financial system and business consulting services, leading successful implementations and rendering product-neutral recommendations to increase efficiency and return-on-investment.