Have you ever wondered how your business productivity will increase if you build internal processes correctly?
Practice shows that the analysis of business processes is an effective tool in the hands of a competent leader.
Correct document management is the issuance of regulated documents at the right time at each stage of a business transaction. When the process goes right, the company’s accounting system becomes more transparent. This is extremely important when analyzing errors that lead to loss of productivity. For example, an incorrectly drawn up contract allows the customer to demand the impossible, and the contractor leaves no room for maneuver. Risks and force majeure not specified in the contract, the absence of a well-defined area of obligations, an ill-considered range of responsibilities of the parties – these things lead to bad results.
Internal control is a significant part of a modern management system that achieves the goals set by the business owners with minimal costs.
If these controls are not formally carried out, but actually work, then orderliness and productivity will increase.
Business process risk assessment is needed to avoid penalties from numerous inspection bodies.
You can safely add to this point the presence of internal policies that can help in case of disputable situations, for example, if the company has prescribed reliability checks on counterparties, the document can be presented for pre-trial settlement of disputes, or already directly in court.
It is worth paying special attention to the indicators of successfully built business processes that are already working and support the principles:
Business process analysis is a procedure that allows you to identify, localize and eliminate problem areas in the work of the company.
Our company has taken a course to implement the best practices in this increasingly popular direction. We look at the basis of which accounting systems, how and at what point in time a business transaction is carried out at each stage of the company’s activities, how it is reflected in the accounting and how it is documented. We communicate with responsible employees to immerse ourselves in the sequence of business processes from the inside.
As a result, you get an expert opinion on the company’s weak points – sources of efficiency losses and recommendations for their elimination. We will show in which areas risks arise and offer ready-made solutions to eliminate them.