Financial Recovery and Reconciliation

Financial Recovery and Reconciliation

After a disaster, financial recovery and reconciliation are essential, yet nothing is quite what it seems. Records, inventories, supply chains, warehouses, and places of business may be damaged or destroyed. The task of trying to document what you or your jurisdiction owned pre-disaster is daunting and stressful.

Additionally, as a condition of receiving a grant, most federal departments and agencies mandate specific minimal standards in financial management that a jurisdiction and subcontractors must have the capability to follow, including preparing reports, tracing funds, and demonstrating internal control and accountability for all cash, personal property, and other assets.

Do not give up. Hagerty will hold your hand, philosophically-speaking, every step of the way. We know the financial recovery and reconciliation processes very well — we know the regulations, the forms, the codes, and everything else about how to comply with the process and make it work to your advantage. Read about some of our work here and here.

We can’t make the disaster go away, but we will do everything possible to minimize its effects on you and your business.