When looking for a service or partnership, it is important to know how the process is executed at each step to meet your objectives and resolve pain points. FI Group’s tailored end-to-end methodology aims to serve each client profile and its processes. Our team aids and educates companies on identifying, claiming, and investing in their R&D activities.
What is the End-to-End Approach?
FI Group’s methodology connects steps across functional boundaries and is focused on the final objective, which is based on these four main points:
- Outside-in usage and perspective
- Covers an entire value chain.
- Focus on customer value.
- Categorize processes based on their value to the organization.
This process is used to embrace operational efficiency, reduce unnecessary steps, automate functions, and ensure that the entire journey is set as a one-piece project, from start to finish. FI Group guarantees safety, stability, and continuity through the stages.
Is it feasible to tailor each project?
Yes, every project has its own needs and variables. That is why some projects will need adjustments and revision, to have a better view and end goal on what processes are required, and what adds more speed and flexibility.
Considering this, the tailored approach consists of adapting project management processes, conditional approaches with the project analysis, and adapting the organizational structure and environmental factors to the process. Within this method, it’s important to remember that all projects are unique, and will vary according to the organizational values and synergy of each company.
Our approach and how it works.
Our approach is based on your tax situation & internal organization; the 5-step process consists of:
- Introduction (Kickoff) meeting: to understand your profile & organize the mission accordingly
- Optimization: analyzing all your activities and expenditures to maximize your R&D Tax Credit claim
- Execution: calculation & preparation of the tax forms to share with your tax professional
- Traceability: financial-technical report based on IRS requirements
- Rigor & Safety: legal watch and assistance in case of an R&D tax credit audit
In addition to these steps, you can also have the expertise of a multidisciplinary team, including PhDs, engineers, CPAs, and legal & tax specialists. A customer-centric strategy in tandem with the top security of your information and data is our main priority when working with a client.
Our Cycle at-a-Glance
- Kickoff
The main purpose of this meeting is to present the whole process and align expectations on the project, define each contributor’s role, clarify doubts, and set objectives. Also, to establish deadlines and directions. This step is carried out with the client’s senior management, financial, and technology leaders.
- Analysis phase
Once, the first elements have been developed during the kickoff meeting, the analysis phase begins. The phase is divided into two parts, first with a Technical Analysis, made by the client’s technical team to Identify Qualified Research Activities (QRAs). The next step is the Expense Analysis, with the client’s technical, financial, and HR team. This step is necessary to identify Qualified Research Expenses (QREs). Both identify modifications, improvements, expenses, and innovations within the company, in addition to mapping objectives and qualifications.
- Delivery Phase
The delivery phase begins and is divided into two parts to form a Milestone. The first part consists of sending the Calculations and Tax Forms to the client, then receiving approval, along with the pre-filled tax reforms. In the second part, we have the preparation of the Technical Report and the Tax Credit Study Substantiation, which will give rise to the Final Technical Report Supported by the Tax Credit Study carried out previously.
With these steps, we guarantee our clients the most specialized and personalized help.
Who is FI Group?
FI Group is a worldwide R&D tax credit company, with 44 offices across 15 countries and 4 continents. We specialize in helping companies finance innovation and secure funding for their Research and Development (R&D) activities through the comprehensive management of R&D Tax Credits. We have more than 1,800 qualified employees from different areas, with specialists on several fronts ready to support you and your company in identifying and optimizing your investments in R&D activities.
