RISK ADVISORY AND
AUGMENTING BUSINESS PROCESS
HOW DO WE AUGMENT BUSINESS PROCESS AND MITIGATE RISKS
- Documenting Standard Operating Procedures
- Standardising Chart of Accounts
- Regular Internal Audits and Risk Advisory
- Virtual Internal Audits and Risk Advisory
- Internal Financial Controls – Review and Audit
- Corporate Governance Advisory
- Process Development – 3 P’s (Policies, Procedures and Processes)
- Information System and ISO Audit
- Business Plans & Variance Analysis
We design flexible modules basis the business requirements and management expectations. The objective is to cover all categories and all material risk factors that can influence the organization’s value. While the traditional risk management is more about fact finding and historical analysis, the risk based approach integrates the concepts of strategic planning, operations and internal control, thereby preventing the occurrence of any adversities. Risk Advisory and Augmenting Business Process helps an enterprise protect risks and enhance value in various ways –
- Improve risk-based decision making
- More effective use of capital
- Comply with regulatory changes
- Improve shareholder value
- Anticipating problems before they become a threat
- Co-coordinating various risk management activities
At Dev Mantra, we also assist in building simple technological solution, addressing key challenges which are cost effective and useful. Since it is difficult to develop a common solution for all businesses given the fact that each enterprise has a varied need.
