Internal Audit – Finstein can meet all of your internal audit needs on a
full-service outsourcing arrangement or a co-sourcing arrangement, bringing our in-depth
industry knowledge, innovative tools, methodologies, training, and experience to your
organization.
Internal Financial Controls Compliance – Companies Act, 2013 mandates
implementation of the Internal Financial Controls (IFC) system for applicable companies. Our
team at Finstein, has vast experience in designing and implementing Internal Financial
Controls. We go a step ahead to help companies automate controls resulting in reduced
efforts to achieve IFC/ICFR compliance year on year.
Enterprise Risk Management – In today’s environment of intricate regulations
and business complexity, Organizations must take a comprehensive approach to Enterprise Risk
Management. A good ERM framework would enable organizations to identify risks on a timely
basis and implement appropriate mitigating controls. Our team at Finstein, has worked with
Industry leaders in assessing business-critical risks, evaluating existing controls, and
recommending suitable controls.
Cost reviews and validation – Often organizations are under tremendous pressure
to manage costs. Cost review and validation can be used as a tool by Management to
rationalize costs and look at opportunities for cost reduction. Our team at Finstein, has
significant experience in performing cost reviews and identifying areas for cost
rationalization and reduction.
Standard Operating Procedures (SOP): Design and Development – SOPs are a great
tool to help the consistent operation of routine activities. It helps in clear communication
of expected operations and holding employees accountable for operating effectiveness. Our
team at Finstein can design and develop SOPs. We go a step ahead in recommending industry
best practices.
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