Processification
An LLP with numerous partners, each heading a different function, that had grown steadily over five to seven years. We were appointed as financial consultants to support the next phase of that growth.
We put structured processes in place across the finance function, with particular emphasis on controls around the payments process.
A fraud in the payments process that had gone unnoticed for years was identified and reported to management. Financial impact exceeded INR 10 million. The entity was restructured and stronger controls were put in place.