The pressure on chief executives to deliver profit has never been more intense. If you suggested an auditor might be part of the solution, they’d laugh you out of the room. That’s because “audit” makes most of us think of compliance audits, and specifically financial statement audits. This paper’s objective is to re-introduce the discipline of operational auditing, a once-popular process that deserves a new role in today’s technology-driven companies.
Introducing operational auditing into your enterprise can change the perception of the CFO from compliance enforcer to profit enhancer. CFOs can find profit by finding time to review the most important elements of their business. Operational audits, focused beyond compliance, can help improve operations, reduce costs, and improve performance.
In this whitepaper, we will cover the following topics:
The intense drive for profit
Today’s resource challenges
How review of people, technology and process can improve results