The quality of the internal control environment over the business and financial processes have become a top priority in large organizations because they see internal control as a driver of quality in everything they do and a strong mitigation tool against risks of material errors and frauds.
Certain companies are subject to strong regulatory monitoring and reporting obligations. Their processes and controls must be compliant with applicable local regulations but they may also have to follow foreign regulations as subsidiaries of foreign groups. Costs of these redundant controls can rapidly escalate and slow down the business.
Mazars supports companies to improve the structure of their finance functions, keeping the right balance between controls and efficiency. Also, we believe the finance function can be a major contributor to the businesses through its ability to provide intelligence about the performance of the organization.
Companies sometimes experience project or contract cost over runs that are difficult to explain. A comprehensive contract audit strategy can help you gain control of current problems and avoid concerns in the future.
At Mazars, we believe effective post deal transformation planning and execution is crucial to the success of all deals. Our services range from providing full planning, implementation and central coordination and delivery of the transformation process, to acting as a sounding and advisory board where we provide objective and independent advice as and when you require.
By systematically assessing the current state of our client’s business processes, our team identifies areas of weakness and work with clients to prioritise improvement opportunities and plan implementation.
Mazars can help guide and advise businesses through the changing landscape to help manage risk, optimise processes and capitalise on opportunities. Regardless of your business cycle or circumstances, we are able to combine our expertise on strategy, risk, technology, people and processes to provide tailored solutions that suit your business objectives.
Whether you are seeking to improve business performance, ensure all aspects of risk are covered, navigate the digital landscape or enhance your business culture, our experts are here to help.