OPERATIONS & RISK CONSULTING

Remaining productive, staying competitive, and enjoying continuous improvement means making the best, most informed operational decisions in a timely manner.
Business success centers on the ability of a company to correctly recognize and successfully manage the risks associated within its operations. Breakthrough performance requires a unique combination of innovative thinking and disciplined follow-through.
Strategy stands or falls on execution. Our professionals work together with senior executives to significantly help improve the performance of their businesses and to choose the right course of actions,merging executable strategy, operations and technology.
QNOV's Operations and Risk Consulting practice utilizes a risk-based approach to help you identify critical functions of your business, analyze exposures and their impact on your organization, as well as evaluate existing risk management framework. We help you protect your assets and revenue streams by focusing on your business risks. We are able to assist you in meeting your business goals by providing customized solutions integrating our expertise in:
Operations & Risk Consulting
  • → Internal Audit
  • → Performance Improvement/Process Reengineering
  • → Cost Reduction
  • → Data Analytics
  • → Working Capital Optimization
  • → Forensics/ Investigation Support
  • → Channel Partner
  • → Physical Verification
 
The global economy and today's complex and dynamic environment more than ever require accurate information and trusted advisors. This has resulted in significant change in the role of the internal audit function; as its role expands throughout the enterprise. This evolution is taking various forms, ranging from a focus on enhancing shareholder value to ensuring that specialized support is readily available for compliance purposes.
The role of internal auditor is leaning towards that of a management consultant, where the expectation is to provide timely and reliable business intelligence to senior management in order to identify areas of potential risk and uncover previously hidden opportunities.
Now more than ever, private equity investors, savvy board members and enlightened corporate management teams are recognizing that trouble must never be the only catalyst for change, and that performance improvement is more than just a means to a turnaround. It is about working with boards of underperforming businesses, augmenting and collaborating with management to improve earnings and cash, and helping companies to quickly recover when they have missed earnings or are experiencing tightened liquidity.
One such tool of improving performance is by making the current process more robust and efficient by carrying out a process reengineering exercise. We have developed a 5 stage approach to improvising the current business processes
Your business requires the right strategies for substantial and sustained cost reductions in order to be more competitive. You can leverage QNOV's experience to help you optimize the total cost of ownership while enhancing your business value through Strategic cost reduction. A well-conceived cost reduction strategy enables managers to capture maximum value in the form of direct savings, while minimizing the destruction of value because of cutting too much from core business activities.
QNOV addresses cost reduction issues at three levels:
  • → Strategic: Cost reduction aims to identify immediate cost-savings coupled with a consideration for long-term
  • → Tactical : Cost reduction involves reorganizing and reallocating resources
  • → Operational : Cost reduction focuses upon 'tightening the belt' opportunities
While working capital is a highly visible indicator of performance, it is also a significant lever for creating value. With the proper working capital management strategies in place, businesses can unlock cash for more productive uses.
QNOV brings a pragmatic and results-oriented approach to quickly improving the performance of working capital. Our experienced advisers, who work alongside your team with a keen sense of urgency, begin by calculating the optimal working capital level for your business and set achievable targets to deliver solid results. We also bring significant experience serving in interim financial management roles, when required, to provide critical leadership to affect positive change.
To effectively identify opportunities for generating cash internally, it is important to segregate and isolate the drivers of operating value versus those created by financing. With restricted access to capital, companies should focus on the drivers of operating value.
By analyzing Return on Net Operating Assets ("RNOA"), value drivers associated with operations can be isolated which can help generate cash.
With accurate and actionable research and analysis we help our clients become analytically mature companies.
We are transforming businesses to help them achieve profitability. Our data analytics service is about a set of processes of incorporating data into decision making. Our process based approach is helping the companies in quickly responding to the changing business conditions and anticipating market changes. Most importantly, we are helping them in developing different business scenarios and helping them understand how they ought to react to these changing market conditions
Our customized approach of data analytics includes :
  • → Modeling & Forecasting Analysis
  • → Marketing Research
  • → Business Strategy & Consulation
  • → Custom Report
  • → Analytics Solutions
Your Need:
  • → Assistance in physical verification of stock and fixed assets;
  • → Information about obsolete stock and non moving fixed assets;
  • → Identification of expired and non moving stock is any;
  • → Reconciliations between physical stock\fixed assets and book stock\assets;
  • → Appropriate entries for expired stock and unreconciling fixed assets.
Our detailed approach
Breakthrough performance requires a unique combination of innovative thinking and disciplined follow-through. Remaining productive, staying competitive, and enjoying continuous improvement means making the best, most informed operational decisions in a timely manner.
Your Need:
  • → Smooth and efficient management of a large base of marketing and channel partners.
  • → Cost effective and time saving, handling of all marketing programs and initiatives including program incentives.
  • → A documented standard process with adherence to audit guidelines.
  • → Elimination of errors in computations of marketing spend and program incentives.
  • → Reduction in turnaround time (TAT) for payout to the channel partners.
  • → Closure of old escalated cases.
  • → Meaningful and regular reporting.
Our detailed approach
QNOV's Forensics professionals can assist you with preventive fraud risk assessments to avoid and remedy fraud risks, and reactive fraud risk responses to secure your interests and reputation.
Our professionals have extensive investigations experience and are supported by a network of independent investigators, to perform independent third party checks, comprising various backgrounds: former police investigators, compliance officers, criminologists, and IT specialists. We focus on a wide variety of problems and offer relevant services to assist you in matters such as: