Outsourcing:
PricewaterhouseCoopers offers internal audit outsourcing solutions that add value, often at reduced cost. These services are offered using the proprietary Hub & Spoke method, which is designed to bring the right mix of skills to the internal audit function, TeamMate, a proven technology platform, and Global Best Practices that add value to a client’s internal audit function.
Strategic Sourcing:
PwC’s IAS Practice offers strategic sourcing solutions to strengthen the risk management capabilities of an internal audit function. Given its unique structure, global organization and industry focus, PwC designs and implements solutions tailored to meet client-specific needs.
If enterprises require sourcing in selected territories or call for certain specialized skills, such as information systems risk management, special or unique projects, PwC works with them to develop programs that provide the best solution. Through strategic sourcing, companies can re-dedicate internal audit resources to meet other corporate objectives while PwC works to identify, monitor and manage the ever-changing risks of their business.
Responsible Supply Chain Monitoring:
PwC’s Responsible Supply Chain Monitoring services ensure that organizations meet the ethical, legal, commercial and public expectations that society demands. Its services are based on the total compliance continuum, starting from the top of the organization and going down to the core business operations.
Our Responsible Supply Chain Monitoring Services has been designed to help concerned companies correct violations, improve workplace conditions and ensure compliance with legal and industrial regulations. Over the past six years, PwC has conducted over 1500 factory inspections, thereby attaining adequate experience in the area of social compliance.
Secondment (Staff Augmentation):
Secondment refers to deputation of PwC professionals at client-end for an agreed duration. At times, organizations may face a temporary resource crunch in the internal audit function and therefore, PwC has this unique solution to supplement client’s internal audit resources for a short term.
Secondment is therefore seen beneficial for many clients, as trained professionals are available for short periods without any long term commitment and clients can save on recruitment and training costs.
Secondment as option has a number of advantages, which include:
- Trained professionals are available for short periods without any long term commitment by the client
- Clients save on recruitment and training costs
