The ability of an organisation to control its risks is critical to its continued success.
Getting controls right enables organisations to effectively manage risks and drive performance. It also keeps costs down, grows revenue, secures assets and meets legal and regulatory compliance. Getting controls wrong costs money, wastes resources, leaves organisations exposed, increases compliance costs and distracts management from running the business.
When management know they have the right controls, they can rely on those controls to manage the risks that they take.
Market conditions, management focus and the risks associated with the new landscape are changing. There is greater focus on increasing performance, maximising productivity and improving working capital and cash management cycles. This has led to reorganisations and reductions in staff, change programmes, complex relationships with customers and third parties, increased risk of employee fraud, and increasingly complex systems. Ultimately this leads to problems with alignment, effectiveness, efficiency and sustainability of an organisation’s controls.
It is not always about adding more controls; rather ensuring that the right balance of controls exists. We help you:
And since control issues do not exist in isolation, we look at how all layers of the organisation, including programmes, processes, applications, infrastructure, people, and legal and regulatory compliance, link to the control environment and impact business risks.
We draw from all areas of our business to work with you to customise your controls to suit your needs. We have a broad range of additional services that enable your organisation to be risk intelligent and well controlled.