"Given the fast pace of global change, CEOs are making risk management a top priority to protect their businesses."

GRC (Governance, Risk, and Compliance) fosters streamlined processes, effective controls, and optimal resource allocation, boosting operational efficiency and reducing waste. As new laws and regulations emerge, boards must maintain higher levels of transparency, accountability, and expertise. Directors are now more responsible than ever for ensuring compliance with corporate governance standards to mitigate legal risks. In today's environment, where corporate governance is under closer scrutiny from regulators, investors, and directors, organizations must optimize their processes and controls. To strengthen systems and improve risk management, leadership teams are turning to internal auditors for assurance. Our IA team, made up of experts from diverse industries, provides clients with valuable insights and tailored best practices to meet their specific needs

Do you need GRC ?

Ask these questions from yourself

• Have you implemented people, process and technology as per the governance of the company ?

• Do you have policies and procedures (including roles and responsibilities) to automate the business process ?

• Are there sufficient internal controls in your organization ?

• Is there any process of identifying, controlling and converting risk into opportunities or no loss ?

• Are you aware about the risk, compliance and opportunities in your industry ?

Services in GRC

Governance Framework:

A strong governance framework enhances decision-making, accountability, and transparency across the organization. It aligns business activities with strategic goals, boosts stakeholder confidence, and ensures compliance with legal and ethical standards, leading to more sustainable growth and better organizational performance

Policy & Procedure:

Well-defined policies and procedures streamline operations, ensure consistency, and reduce errors by providing clear guidance for employees. This structure supports compliance, improves efficiency, and helps mitigate risks by setting expectations and standardizing processes across the organization.

Roles & Responsibilities:

Clearly defined roles and responsibilities enhance accountability, reduce confusion, and promote a more efficient working environment. Employees understand their tasks and the expectations placed on them, leading to improved collaboration, better performance, and smoother workflows

Internal Controls:

Internal controls provide significant benefits by ensuring the accuracy of financial reports, safeguarding assets, and enhancing operational efficiency. They reduce the risk of fraud and errors, increase confidence among stakeholders, and help maintain compliance with regulations, ultimately promoting business integrity and trust.

Project Reports:

Regular project reports provide critical insights into progress, risks, and resource allocation, ensuring that projects stay on track and within budget. These reports enable timely corrective actions, improve communication among stakeholders, and enhance project outcomes, ultimately contributing to the successful delivery of initiatives

Reporting & Monitoring:

Effective reporting and monitoring systems provide valuable insights into business performance, risks, and compliance. Regular updates allow for informed decision-making, prompt identification of issues, and continuous improvement, helping organizations stay on track and achieve their objectives

Risk Control Matrix:

A Risk Control Matrix ensures that risks are proactively identified and mitigated with appropriate controls in place. By linking risks to specific controls, businesses can minimize vulnerabilities, enhance operational efficiency, and maintain a strong compliance posture, ultimately boosting confidence in their risk management practices.

IFC Implementation:

Implementing Internal Financial Controls (IFC) ensures the accuracy, reliability, and transparency of financial statements. This strengthens financial reporting, minimizes the risk of errors or fraud, and builds trust with investors, auditors, and regulatory bodies, enabling more informed financial decisions and improved organizational performance

Compliance Management:

Robust compliance management helps businesses avoid legal penalties, reduce regulatory risk, and build trust with clients and partners. By adhering to relevant laws and regulations, organizations can operate with confidence, protect their reputation, and demonstrate a commitment to ethical business practices.

Risk Management:

Effective risk management helps organizations proactively identify and mitigate potential threats, reducing the likelihood of financial loss or operational disruption. By addressing risks early, businesses can ensure smoother operations, protect their reputation, and increase the likelihood of achieving long-term objectives.

Technology Transformation:

Technology transformation offers significant benefits by increasing operational efficiency, streamlining processes, and fostering innovation. By embracing new technologies, businesses can reduce costs, improve customer experiences, and gain a competitive edge, driving growth and long-term success.

Why Shandilya

• Shandilya helps clients implement robust risk management and internal control systems to safeguard assets and ensure operational continuity.

• We ensure clients maintain compliance with regulations and enhance transparency through strong governance frameworks.

• Shandilya streamlines operations by defining clear policies, roles, and reporting systems to improve consistency and reduce errors.

• We support clients in adopting advanced technologies that drive innovation, reduce costs, and enhance overall business performance.

How Shandilya can help you

Explore Shandilya GRC Advisory service now

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