Why is this important?
It is essential that an organization has the capability to manage risks both in the present and in the future. Your business will be more resilient if it is able to manage potential risks related to its organization, its business and its environment.
What risks can there be for businesses?
They can be of varying kinds, such as:
- Financial: Analysis of aged debt in order to identify risks to cash flow in the short and medium term,
- Operational: particularly in the event of a failure/crash of key tools in your business.
Our approach:
In coordination with your teams we undertake an audit in order to identify the various risks, then we perform a risk assessment for each of them to determine their potential impact to your business and your objectives.
We will then submit our propositions on the improvements needed to be able to determine the effects of such risks occurring and actions needed to prevent them from taking place. Our goal is to help you develop both the resilience and the sustainability of your business.
We will also help you to incorporate these improvements into both the Internal Controls and the day-to-day operation of your business.
We can also provide support you if you need to enforce specific compliance related regulations, such as Sarbanes-Oxley for US group subsidiaries.
The objective is not to burden the daily management of your business but instead to give your staff the tools needed to be able to act quickly and effectively, while at the same time being fully aware of the risks inherent to your company.