Business Process Audit
The Significance of a Business Process Audit
A business process audit examines the company’s business processes to figure out what works well and what needs improving, taking into account the strategic objectives and goals of the company.
Businesses today face a highly competitive environment. To stay relevant and competitive, companies must constantly improve their processes. A business audit also helps to lower costs, gain higher revenues, improve employee engagement and customer satisfaction.
- Eliminate inconsistencies and strengthen operation capabilities
- Continuous improvement process
- Discover new ways to improve business practices
- Provide greater transparency across all levels of management
- Complementing manpower through automation
Why you should choose Forbis
Our professionals at Forbis have at least 10 years of experience in business process audit and project management. We are able to provide holistic audits that include finance and process efficiency. Risk analysis will be done before embarking onto new projects.
We work closely with partners who are certified Project Management Professionals (PMP) and Practicing Management Consultant (PMC).
Enterprise Development Grant (EDG)
The EDG supports Singapore companies in their growth and transformation. EDG mainly supports projects that help companies to upgrade their businesses, innovate, expand/venture into other countries, under three pillars, namely Core Capabilities, Innovation and Productivity as well as Market Access.
EDG funds qualifying project costs (e.g. third party consultancy fees, software and equipment, and internal manpower) for organizations.
EDG helps companies to strengthen their HR capabilities by providing support levels of up to 80% for SMEs, up to 60% of qualified costs for non-SMEs from 1st April 2020 to 31st December 2020. However, EDG does not cover costs incurred from standalone training courses, incentives, benefits and welfare subsidies for employees.
EDG provides resources such as HR Diagnostic Tool, HR Portal, Talent Attraction and Development Initiatives, as well as HR Industry Manpower Plan, which helps to further engage employees.
For more information, read more here.
Get Started Today
Take control of your corporate finance reporting.