Business Advisory

Design & Implementation of SOP

  • The purpose of a Standard Operating Procedure (SOP) is to lay down the procedures to be followed for all normal business functions.
  • It aims to define all elements and procedures for elaboration of procedure for each business process, based on best practices, management control and the most efficient methodology.
  • In order to have the optimum SOP, the team analyses the existing processes, the gaps in controls, potential for mistakes, duly adjusted to comply with policies of the company.
  • Control system like ERP can be implemented only when SOPs are in place.
  • SOPs are also important for any expansion of the business since it moves the business from a “Person-Centric” to a “Process-Centric” way of working.
Scope :

  • Review, design / improve and implement Enterprise Business Processes
  • Design and implement Management Control Systems
  • Designing and evaluation of Costing & Financial Accounting System
  • Designing and evaluation of Management Information Systems (MIS).

Consulting to SME on Growth, Strategy & Profitability

  • All businesses needs a constant review of the performance, analysis of data and trends to know the current and projected health of the organisation.
  • Small and Medium Enterprises (SME) do not have in-house resources that can be dedicated for such requirements.
  • Both Business Owners and Professional Managers in such organisations need external teams to help monitor and evaluate their strategy, Profitability and certain business decisions that have important implications.

Scope :

  • Business Advisory in connection with :
    • Business Strategy & Policy
    • Profitability & Pricing
    • Costing & Value Engineering
    • Product selection
    • Growth Plans
    • Working Capital Management
  • Identifying Trends and potential problems, suggesting corrective measures through Review and Analysis of Corporate and Business data regarding
    • Sales
    • Costs
    • Profitability
    • Inventory
  • Improve Efficiency and Effectiveness through Value Addition and Profit Improvement

Big Data Analytics

  • Big Data Analytics refers to the process of collecting and analysing a large amount of data from the business, each of which is of very small value but which, when taken together, gives important and useful insights into the business, future trends and performance
  • Big Data is today a very important aspect of business intelligence, and optimum business decisions and strategies can not be made without this.
  • It makes analysis of business information more accurate and not dependent on excel and computing knowledge of a few persons in the organisation.
  • Big Data reports can be designed in a manner that it presents the continuous changing face of the business in a graphical manner to the Managers on demand, without intervention from support teams.

Scope :

  • Setting up Big-Data Analytic systems
    • Creating parameters
    • Getting initial / historical data ready for analysis
    • mapping business requirements to the Analytic system
    • creating dashboards / reporting systems for easy use by Managers
  • Training on Use of Analytics
  • Hand-Holding enterprises through their initial period of Analytics usage
  • Review of Analytics Reports to understand trends and their implication on an on-going basis