Business risk and control management (internal controls) are seldom a priority. Sometimes they are not even “on the radar”. Understandably, most businesses focus their days on “getting things done”. Yet when the art of risk management and internal controls are applied optimally, they can truly help owners and their teams achieve objectives, make better decisions, save time and money, reduce headaches, and achieve greater peace of mind. I referenced “art of risk management and internal controls”, because small and medium size businesses need more than a “text book”, rigid “check list” approach to evaluating internal controls. Rather, they need someone who has insight and wisdom from extensive real-world experiences and continued education.
Expertise available for your business
Expertise available for your business
- Assess real-world business risks and, where warranted, design and implement cost-effective internal controls to help you achieve:
- Business objectives and reduce negative surprises.
- Information and data integrity.
- The safeguarding of assets and reduction of fraudulent activity.
- Manage or periodically evaluate employees' user-access capabilities to your business systems.
- Review, negotiate, and manage contracts [e.g., customer, real estate, information technology, vendor]: to help ensure operational and financial activities and goals are unencumbered and to avoid negative surprises.
- Manage your company's I.T. Manage Service Provider.
- Credit management, including evaluating and monitoring customer and supplier creditworthiness.
- Manage the insurance renewal process, including: evaluating new insurance brokers; identifying and evaluating coverages, potential cost savings and service enhancements; and developing a clear, actionable plan to reduce the frequency and severity of incidents.