Risk Advisory services at Advith deliver stronger internal controls and structured processes that bring discipline to finance and human resource management operations. With our EASE approach, we help businesses identify risks early, plug process gaps, and build systems that drive compliance, efficiency, and long-term growth.
E – Understand Existing Processes
A – Analyze the Gaps
S – Set Up SOP’s
E – Effective Implementation
Often, it is not until something goes wrong that an organisation realises that it is has ineffective internal controls. Internal controls are not just for statutory audits. They are critical for business stability. Without strong processes, inefficiencies and risks often remain hidden until they cause damage. At Advith, we help define clear processes, identify risks early ,and implement agile controls that safeguard and scale with your business.
Process Setup: Design and implement, Align with industry best practices, Establish a strong foundation Process Re-engineering: Comprehensive reviews, Re-engineering, Strengthen control environments Internal Audit and IFC Testing: In-depth risk insights, Internal Financial Control Testing, Ensure high governance
Establishing a common vocabulary promotes consistency, minimizes ambiguity, and enhances communication, thereby facilitating accurate interpretation and execution of the procedures outlined in the SOP.
This matrix outlines reporting relationships, hierarchical structures, and communication channels among different departments or personnel involved in the SOP processes.
A flow provides a visual representation of the sequential steps in the process and the detailed process notes that accompany the flow chart provide a more in-depth explanation of each step in the process
A risk control matrix identifies all possible risks in a given process and details the control & ownership of the control
