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Our intensive knowledge in data analytics and business process management and our professionals with resolution experience and technology tools expertise can help you resolve financial, ledger, customer, stock, debtor, vendor discrepancies and also revenue assurancein a cost effective manner.
B’Risk has experience delivering rapid, cost-effective reconciliation services. We bring resources to two key areas – research and overall project facilitation – which can help you significantly improve your reconciliation efforts. |
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The reconciliation work tools developed by B’Risk are based on engagement experience and include the
following:
 Customized Reconciliation Forms are designed to identify items to be reconciled, inputs required for reconciliation and provide detailed information about reason for discrepancy.
Data analysis tools to manage large amounts of data that includes intensive data comparison and analysis. (we use the world famous data analytical technology tools – ACL & IDEA - 7)
Research Protocols help teams identify common root causes for items under reconciliation. |
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B’Risk’s services range in scope from problem diagnostic, to resolution of part of the discrepancies to more comprehensive projects with blended teams. Additional resolution services include:
Root cause analysis - identifying the reasons for discrepancies.
Process Review - A detailed process review by identifying the risks and relevant controls to mitigate the risks. |
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Benefits can include:
Improved productivity and cost-effectiveness with B’Risk professionals involvement.
B’Risk’s detailed deliverable identifying the transaction-wise discrepancy root cause and resolution.
Identifying the areas of improvement in the business processes & system.
Compliance with various legal requirements where applicable. |
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B’Risk Success Stories
B’Risk has performed reconciliation problem resolution for blue chip companies. Successful engagements include:
A leading automobile company in India had Rs. 33 Crores as difference between physical and theoretical inventory. We provided resolution project management and used data analysis tools to settle the differences resulting in a saving of Rs. 3 Crores on account of excise.
A leading telecom company had discrepancies in its data migration and a reconciliation between old and new system helped effectively resolve the differences and obtain clean statutory audit report. The data analytical services were also used for revenue assurance. |
Contact us
B’Risk Corporate Services Pte Ltd,.
No. 55, Village Square,
Valluvar Kottam High Road,
Nungambakkam,
Chennai - 600 034,
T : +91 44 4359 6090,
F : +91 44 4359 6379
E : info@briskservices.com
W: www.briskservices.com
For further info, please contact
+91 44 4359 6379.
kalyangkumar@briskservices.com |
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