Nexdigm's Internal Audit team comprising of multidisciplinary professionals assists organizations with globally accepted internal audit methodologies and standards. We specialize in rendering independent advice aided by data analytics, focusing on aligning the internal audit mission with enterprise objectives.
We are the third line of defense that can be entrusted to showcase a precise reflection of whether crucial risks are being efficiently managed by the first and second lines of defense.
We assist an organization’s management in implementing industry best practices to develop concrete inbuilt controls. Our approaches follow a comprehensive yet cost-effective trajectory to ensure that an entity’s internal controls related to financial reporting comply with all aspects of regulatory requirements under the Sarbanes-Oxley Act, Companies Act (Internal Financial Controls or Internal Controls over Financial Reporting).
A robust ERM program is vital for the sustainable long-term growth of an organization. Our ERM strategy comprises of -
Our integrated and advanced business process reviews provide end-to-end solutions that consistently deliver value to our clients in today's competitive and globalized environment. Our approach involves analysis and design of the workflow as well as related procedures within an organization to re-engineer processes through People, Process, and Technology (PPT) solutions.
SOPs are essential for maintaining compliance with processes for consistency in an organization's operations. We assist organizations in drafting SOPs and capturing step-by-step instructions at each stage. The purpose is to communicate the objectives of a process/function, improve employee productivity, and speed up employee decision-making. Alongside training and implementation support, we also help organizations link SOPs with KPAs (Key Performance Areas) and KRAs (Key Result Areas) to improve overall performance.
Our unique ERP solutions enable organizations to streamline operational processes and information flow in the enterprise, with strategic evaluation for a smooth and hassle-free implementation of relevant ERP systems.
Increasing dependence on third-party relationships has heightened the risk profile of businesses and exposed organizations to a host of severe risk and compliance issues. We work with clients to manage their outsourcing risk by extending support in defining minimum standards for outsourcing. We leverage technology in conducting risk assessment reviews of third-parties to evaluate financial, legal, regulatory, operational, and reputational risks.
Our specialist teams have the expertise to find innovative solutions to unique problems of a business and provide specific aid that an organization’s management might require. These span across various functions, including Board Advisory, Functional Consultancy, Risk Intelligence Mapping, Techno-financial Reviews, Benchmarking Surveys, etc.