Profit margins in the energy sector are always under pressure. With fluctuating oil prices, regulatory requirements, and the rising cost of operations, energy companies need to protect every dollar they make. But here’s the problem—many businesses focus on revenue growth while ignoring internal auditing, which is critical to identifying revenue leaks, ensuring compliance, and improving […]
Introduction The banking industry is navigating an era of increasing regulations, which calls for more streamlined processes and better risk management. In this environment, internal auditing is vital for ensuring that banks operate within the confines of regulatory frameworks while maintaining efficiency and reducing risks. Internal audits not only help banks comply with various laws […]
As a shopping mall owner or operator, your top priority is providing your customers a safe and enjoyable experience. Maintaining your mall’s security, safety, and overall management is essential. The safety imperative Shopping malls are bustling hubs, with thousands of visitors each day. Ensuring their safety along with the upkeep of the mall is a […]
The retail audit is the best way for the players in the retail industry to stay compliant with industry standards and streamline their business processes. It also makes their businesses safe from market shocks and helps in identifying and addressing market risk. By studying the data presented by the embedded analytics, businesses can make better […]
Introduction Digital disruption on account of innovation has become a common phenomena in many industries & functions, oil & energy auditing is one of them. Internal audit in the oil and energy industries is quite expensive, both in terms of financial expense & manpower required. It takes both time & money. The audit fees of […]
Introduction When we look at IT sector, one thing needs to be loud & clear – it’s not just a source of operational excellence & enablement. One needs to look at it as a source of innovation. But are we there? The McKinsey survey of IT executives doesn’t say so. If we take a global […]
