Process Audit
Our Process Audit ensures stringent compliance to pre-set processes of an organization. Along with conducting a process audit, our team follows a consulting approach whereby, it helps in setting up customized compliance processes for different functions and divisions in an organization. Thus, the team provides an 'end-to- end' solution approach to process compliance. Our Process audit assesses current compliance measures, identifies gaps, suggests new processes and provides an improved compliance framework. Some of our methodologies followed during process audit are:
- Mapping and documentation of processes
- Measuring design & operational efficiency of processes through live walk-through
- Identifying key risks in existing processes
- Identification of key controls & gaps
- Cost-benefit analysis on current & proposed controls
- Implementing & documenting key controls as per analysis
- Quarterly testing of such key controls & reporting
Our widely respected frameworks are wetted by industry experts and are based on Compliances, Benchmarks or Management by Objectives. In additions to Auditing processes, we also help client organizations in developing HR vision using industry benchmarking and help in implementing the same.
Refonte has expertise in conducting various process & compliance audits like:
- Internal Process audits
- Stock-verification audits
- U.S Sarbanes Oxley audits
- Health, Safety & Environment audits
- SAS 70 readiness audits
