1. 2017
INTRODUCTION TO OUR SERVICE PORTFOLIO

2. INNOVATIVE CONSULTING FIRM FOUNDED
IN 2004 BY TOP LEADERS IN THE
MANAGEMENT CONSULTING SPACE.
 Eight practice leaders; more than twenty-
five multi-disciplinary consultants.
 Four pillars of expertise: Business
Assurance, Finance Optimization, Talent
Solutions and Strategy/Communications.
 Based in Mexico City and with
international capabilities.
 Great believers of on-demand talent
solutions.
We are Nuricumbo + Partners

3. CONSULTING POWER THAT CAN BE
AVAILABLE FOR THE TIME REQUIRED BY
YOUR PROJECT, WITH NO LONG TERM
COMMITMENTS AND WITH HIGH LEVELS OF
FLEXIBILITY.
 All our practice leaders are senior level
executives with experience in
multinational corporations and in specific
functional roles.
 We get the job done at the same time
that we become agents of change for our
clients, bringing a fresh perspective into
problem-solving and sharing past
experiences and best practices.
 Capable of fully embedding into your
operations and creating value since the
very first day (Touch & Play).
Our Value Proposition

4. Some of our clients

5. OUR SERVICE PORTFOLIO
BUSINESS ASSURANCE
 Financial Due Diligence
 Internal Audit Co-Sourcing
 Know Your Customer / Supplier
 Anti-Corruption Programs
 Loan Review
 Contract Compliance
TALENT SOLUTIONS
 Interim Management
 Key Talent Back-up
 Test-Drive Model
 Project Support
 Project Management
 Training & Development
FINANCE OPTIMIZATION
 Retirement & Insurance
 Credit Solutions
 Private Equity
 Process Automation
 Artificial Intelligence
 Treasury in the Cloud
STRATEGY & COMMUNICATIONS
 Strategic Planning
 Innovation
 Point of View
 Business Landing Services
 Change Management
 Proprietary Marketing Program

6. FINANCIAL DUE DILIGENCE
 We can perform due diligence reviews in
Mexico or Latin America.
 We have experience specific to some
particular industries, including financial
services, advertising, professional services,
and manufacturing.
 We have the ability to dedicate an
experienced team of senior consultants
exclusively to your project, which allows us
to dig deeper into the complexities of the
target compared to what other competitors
could do.
 The quality of our deliverables is similar to
that of international firms but with a more
personalized service and at a much more
reasonable cost.
BUSINESS ASSURANCE

7. INTERNAL AUDIT OUT/CO-SOURCING
 We can provide your company with a fully-
outsourced internal audit function, keeping
your fixed cost base down while providing
robust audit coverage for your organization.
 We can supplement your current internal
audit function by providing additional audit
resources on-demand under a co-sourcing
model.
 Our resources have strong experience as
internal auditors. Many of them are
currently certified in internal audit and fraud
prevention. Most of them have worked in
major international projects.
 We can give additional bandwidth to your
internal audit function at an excellent cost
and with maximum flexibility.
BUSINESS ASSURANCE

8. KNOW YOUR CUSTOMER / SUPPLIER
 We can help you assess the risk within
your portfolio of client or vendors.
 We can perform independent reviews on
your Procurement function, including
vendor activity, vendor concentration,
supply-chain risk, internal controls and
process efficiency.
 We can assess your Procure-to-Pay or
Order-to-Cash cycles from an integral
perspective.
 We can perform background checks and
specific investigations of selected
companies, helping you understand the
true nature of the parties you are dealing
with.
BUSINESS ASSURANCE

9. INTERIM MANAGEMENT
 We can provide resources to take over
Management positions in your company on an
interim basis.
 This allows to quickly bring leadership and
stability to key functions within your
organization, ensuring that critical operations
continue to run as expected, while giving
enough time to your HR function to properly
staff the required positions.
 Your organization benefits from the expertise
of our consultants, who provide an
opportunity to share best practices,
streamline current processes, and have an
independent point of view on the current
business model.
TALENT SOLUTIONS

10. KEY TALENT BACK-UP
 Basic problem
 Continuous staff rotation is a fact of
today’s corporate life. Rotation can be
highly disruptive and create significant
inefficiencies. No company can have all
the required talent hired permanently all
the time.
 Our solution
 We provide one senior consultant who
works as a full-time implant. Under
normal circumstances, our consultant
provides additional bandwidth to tackle
special or confidential projects.
 In case of key staff turnover, our
consultant is a crucial backup,
immediately covering the position on an
interim basis, providing immediate
stability and giving enough time for
hiring via the internal HR process.
TALENT SOLUTIONS

11. TEST DRIVE MODEL
 In case your are looking for a permanent
resource in the mid-term, after a period of
twelve months, our consultants can be hired
by your organization at no cost. If the hiring
occurs before twelve months, a conversion fee
applies.
 This allows our clients to make a hiring that
has an extremely high probability of success,
since the resource has already proven its value
to the organization during his involvement as
consultant.
 Up to this day, in a 100% of the cases, this has
been a very successful recruiting solution for
our clients.
TALENT SOLUTIONS

12. FINANCING SOLUTIONS
 We support Management in the
identification of optimal financing sources,
whether it is at banks, sofomes, credit
unions, or other financial institutions.
 We help companies to properly present their
financial information in order to speed up
the credit authorization process.
 We also have contact with several players in
the financial services sector in Mexico and
abroad, which allows us to bring additional
alternatives to the table.
 We specialize in financial and operational
leasing (particularly automobiles), credit,
factoring, and private equity.
FINANCE OPTIMIZATION

13. BUSINESS PROCESS AUTOMATION
 We can help to automate certain key
business processes in order to create
efficiencies for your organization.
 We can automate specific projects that
require management of cash inflows and
outflows, even establishing a trust for
maximum transparency and control.
 We can automate collection processes by
establishing standardized ID numbers,
automated interfaces wit banks and
automated collection identification.
 All this can be done by establishing specific
stand-alone consulting projects, which
allows to attack specific problems without
incurring in excessive consulting costs.
FINANCE OPTIMIZATION

14. PROPRIETARY MARKETING PROGRAMS
 We can support your business development
efforts through a unique marketing program
that includes:
 Strategic partnership with a leading
business news group, including a
flagship annual event that gathers the
top 1,000 companies in Mexico.
 Strategic partnership with a leading
cultural and academic magazine.
 Design and execution of a digital
marketing campaign using social
media.
 Strategic partnership with a leading
organization of financial executives
with international reach, with the
capability to organize events targeting
senior management of multinational
companies.
STRATEGY & COMMUNICATIONS

15. Our Integrated Approach
Our interventions are always led by a full-time project
consultant or project team, supported by other
consultants of the firm, in accordance with the following
model:

16. Multidisciplinary View
Full-time Project
Lead (SME)
Oscar
Becerril
Risk
Management
Guillermo
Lagos
Innovation &
Transformation
Armando
Nuricumbo
Finance and
Management
The Project Team is composed by a full-time functional leader, a consultant
with industry knowledge, and other consultants who can add value to the
project, including the Managing Partner. Our objective is to create long-term
lasting value for our clients in each one of our engagements.

17. Your Practice Leaders
ARMANDO NURICUMBO, CPA
MANAGING DIRECTOR
Public accountant with solid
international experience, CPA in
Mexico and USA (Illinois),
ex-PwC, proven executive in multiple industries
including financial services, advertising, consulting,
manufacturing and hospitality. Holds a Bachelor
degree in Accounting, Summa Cum Laude, from
the National University of Mexico (1996) and a
Masters degree in Asian Studies from Tamkang
University in Taiwan (2016). Current Co-Chair of
the Financial Executives Networking Group (FENG)
Mexico chapter. Member of IMEF.
Able to effectively manage complex business
projects, remove roadblocks between Parent and
Subsidiary, optimize business operations, and
protect business interests of foreign companies
operating in Mexico and Latin America.
OSCAR BECERRIL
RISK MANAGEMENT
Oscar Becerril has more than
25 years of experience
in credit, risk management,
banking, leasing, and in general financial services
activities, giving consultancy and advice to
companies of all sizes in risk management and
financial strategic planning.
He has specialized in loan review and due diligence
risk valuation for financial institutions, including
structured debt and trust guarantees. He has
developed key relations at C-Suite level with strong
knowledge of a diverse set of sectors, including
Mexican publicly-traded corporations, housing,
tourism, and financial services. He has developed
an excellent understanding of the key pre-
requisites underlying successful financial
institutions. Graduated Summa Cum Laude from
LaSalle University (Management).

18. Your Practice Leaders
GERMAN DE LA GARZA
POLITICAL STRATEGY
Political consultant with
long term experience in
Government. Excellent understanding of public-
private interactions, political landscape, public
bidding processes, public relations, crisis
management and political communication.
He has worked for the Ministry of Health Services,
the National Fertilizer Company (Fertimex), and
the Mexico City Government. In 2006 he was
elected Delegado of Benito Juarez with the largest
popular vote ever, running as candidate of the
Partido Accion Nacional.
In 2010 he was designated by the President of
Mexico as Oficial Mayor of the Social
Development Ministry (Sedesol) and coordinator
of Oficiales Mayores of the Federal Government.
Lately he is involved in academic projects.
JOSE TREVINO
INTERNATIONAL RELATIONS
José Treviño holds a degree
in International relations from
El Colegio de México and has forty years of public
and private professional experience. He has
specialized in assisting North American
governments and investors achieve their business
objectives in the context of NAFTA.
José is currently President of the Mexico-Canada
Business Committee at the Mexican Council for
Foreign Trade, Investment and Technology
(COMCE). From 1999 to 2001, José served as the
Executive Vice-President for North America of the
Mexican Investment Board (MIB).
In the nineties, he had a leadership role in the
trilateral effort that resulted in the passage of
NAFTA, acting as trade representative of the
Mexican government in Washington, D.C.

19. Your Practice Leaders
GUILLERMO LAGOS
INNOVATION &
CORPORATE TRANSFORMATION
Recognized business consultant,
former DGA of Corporate Banking
at Banco Azteca, Director of Innovation and
Entrepreneurship at EGADE business school
(ITESM), and founder of Moonshot Fab, a
successful start-up incubator.
Guillermo has an extensive academic career
analyzing the factors that contribute to successful
innovation and transformation within the most
complex organizations. He has been professor at
ITESM for more than 30 years and has contributed
with original research in the fields of management,
leadership, intrapreneurship and Company 4.0.
Guillermo holds an MBA degree from the Business
School of the University of Stanford. He is a
frequent speaker at multiple innovation events.
JORGE PULIDO
INVESTOR RELATIONS
Jorge is a seasoned professional
and expert in corporate
financing, financial and strategic planning,
international treasury, foreign trade, investor
relations, crisis management, corporate
communications, and financial markets.
He had extensive experience as Head of Investor
Relations for more than fifteen years with Grupo
Mexico, a Mexico-based publicly-traded
corporation and one of the largest integrated
copper producers in the world, with operations in
Mexico, Peru, Chile and the USA.
Jorge holds an M.A. degree from ITESM. Recently,
his interests have turned into Asia, leading the
Mexico-Korea bilateral business group, spending
time understanding the supply chains between
Asia and North America.

20. Your Practice Leaders
JORGE SILVA
ACCOUNTING & FINANCE
Former PWC veteran with
solid experience in accounting,
finance and audit projects. He is also expert in
market entry initiatives and corporate innovation.
He was in charge of the PwC Accelerator program,
focused in both the internationalization of
Mexican companies going abroad and the landing
of foreign companies expanding into Mexico and
Latam.
He was part of the PWC Mexico Energy team,
delivering specialized projects such as statutory
and full-scope audits of PEMEX and SHELL Mexico,
restructuring initiative for the Petrochemical
division of Mexican conglomerate ALFA, and SOX
implementation at PEMEX Exploration. Jorge also
has experience in technology, entertainment,
consumer products, and food and beverage.
ALEJANDRO RICO
TAX & COMPLIANCE
Public accountant graduated
Summa Cum Laude from UNAM
(1994). Postgraduate studies at the
same university. Member of the Mexican Institute
of Public Accountants (IMCP) since 2005. Certified
by the IMCP since 2011. Has specialized in the
study of federal and state taxes, combining deep
understanding of financial and tax issues to
propose well-thought solutions to companies in
different industries.
Currently host of the radio program “Easy Tax
Radio”, where he provides an expert point of view
on tax problems for companies of all sizes. He is a
certified trainer for tax and accounting programs
and a frequent lecturer at universities across
Mexico. Solid understanding of the connections
between tax strategy, accounting issues, and IT
related solutions.

21. SOME OF THE ADVANTAGES OF OUR SERVICE MODEL
o Services can be stopped or restarted as needed.
o Maximum flexibility that turns fixed base into variable cost.
o Services are fully deductible (Real after-tax cost 35% lower).
o Fixed fee removes surprises (no overtime, no variance, easy to budget).
o No hiring/termination costs.
o No long-term employment liabilities.
o Project can be started immediately.
OUR PROJECTS ARE NOT ONLY A DISCRETE ISOLATED EFFORT, BUT OFTEN BECOME A WIDE-
REACHING TRANSFORMATION INITIATIVE EFFECTIVELY SUPPORTED BY OUR SHARING OF
BEST PRACTICES, BY THE TRANSFER OF KNOWLEDGE TO YOUR ORGANIZATION, AND BY OUR
CONSULTANTS BECOMING TRUE AGENTS OF CHANGE.
Advantages

22. OUR MODEL IS EFFECTIVE AND PRODUCES SOME REAL SAVINGS IN THE SHORT-TERM.
Advantages
COST OF A PERMANENT EMPLOYEE
Base Salary
Statutory benefits
Company benefits
Payroll Tax
Termination Costs
Plus some other costs such as:
Cost of Recruiting & Hiring
Training programs
Capped tax deductibility
COST OF OUR CONSULTANTS
Fee (hourly, daily, weekly, monthly, etc.)
Full tax deductibility
Full flexibility to stop or start the service as
needed without penalties

23. E-mail: armando@nuricumbo.com
Facebook/LinkedIn Messenger: armando.nuricumbo
Twitter: @a_nuricumbo
Skype: nuricua
Mobile/Whatsapp: + 52 (155) 5453 6309
Office: Montes Urales 424. Lomas de Chapultepec. 11000. CDMX.
Happy to discuss more!