SMALL
BUSINESS/OPERATIONAL ANALYSIS
It Could Happen to You!
If you've experienced rapid growth and your systems and procedures
haven't caught up, you could be at risk.
Many apparently healthy companies face problems they are totally
unaware of:
- lost revenue because of antiquated accounting and billing procedures.
- manufacturing or shipping delays due to inadequate inventory controls
and reordering criteria.
- disappearance of product or cash because of a lack of procedural
checks and balances.
- lack of information about or control over contracts which create
financial exposure.
You Can Protect Yourself.
An operational audit can discover if you are vulnerable and put
you back on track. It can determine if you are the victim of needless
duplication and help reduce operating costs. It can improve the
efficiency of your systems and procedures and help your business
operate at maximum efficiency.
An operational audit provides any or all of the following:
- Documentation: Produces written descriptions of how operational
processes are being performed. These can be used to create procedural
manuals.
- Compliance: Renders a level of assurance that the company's internal
systems, control procedures and government laws and regulations
are being complied with.
- Economy & Efficiency: Performs a study and evaluation of
operational functions from an economic and efficiency standpoint.
- Effectiveness: Evaluates the results and accomplishments of activities
to determine if they achieve their intended purpose.
- Development & Implementation: Develops improved operational
procedures and assists management with their implementation.
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