Business policies and procedures development & documentation
Entity’s commitment to competence and Operational efficiency is reflected through its policies and procedures. Well thought out and implemented policies and procedures ensure:
♦ Establish a professional and effective organization
♦ Provide consistency amongst staff, prevent ambiguity and brings harmony
♦ More efficient and effective delivery of service
All the big businesses were built on strong organisational policies and procedures. We aid owners to develop such policies and procedures and document standard operating procedures (SOP) which ensures documentation of Internal controls, work instructions along with roles and responsibilities within the organisations at each stage of functional processes. This exercise is more than just “write what you do and do what you write”. We believe that doing and writing appropriate procedures helps the entity to build up resilient culture for harmonious operations and scaling up.
Fixed asset management and review
Fixed assets are core assets of the business. Controls over the fixed assets is pivotal. Creation of asset at correct value and keeping track of such assets for location , current condition , existence are critical in business. We assess the fixed asset management system of the business and suggest improvement for better supervision.
Due Diligence services (Accounts, Compliance, Finance)
Due diligence is required now a days for many purposes. Investors and bankers requires due diligence for target or proposed borrowers entity respectively. We carry due diligence services for bankers and for PE investors. Accounts, compliance, processes and financial due diligence helps the client to take quality and informed decisions. We also consult and assist clients in advance to prepare themselves for due diligence to be undertaken by third party.
Cost Analysis
The entity earns competitive advantage only if it is cost competent. The business must analyse its cost structure and cost behaviours. In business, costs are to be tracked along with its nature. Costs should be disintegrated into cost centres, classified, benchmarked, and controlled. We assist the entity to analyse each cost, identify the opportunity to reduce costs and suggest ways for cost competency
Enterprise performance reviews & assessments
Performance measurement is the process of collecting, analyzing and reporting information regarding the performance of an individual, group, organization, system or component. Hence, implementing performance measures is a way to understand, manage and scale up efficiencies across organisation. No entity is said to have performed unless the performance is measured with different perspectives. Revenue and profits may not be always are the right indicators of performance. Under caption “Are you really performing”?, we critically assess the quantitative as well as qualitative factors of all segments and functions of the business to know candid performances . We, on the lines of balanced scorecard concept, assist management to set up the KPI’s for flawless performance review’s
Designing of MIS and Dashboards
The business grows if the decision makers take right decisions on the basis of right information at right time in right format. Experience have shown that businesses having potential, do not flourish if there are no information systems in place. We design the information system for entities according to information needs at various levels and endeavour to create decision support system in the business. We also contribute to management’s efforts for creating functional dashboards.
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