IT controls reviews and optimisation
In today’s business world, IT and operational environments are becoming increasingly complex.
In today’s business world, IT environments are becoming increasingly complex while even greater reliance is being placed on them as part of business process operations, controls, performance and management reporting.
Our IT systems & Projects Assurance practice helps clients realize the complete value of their strategic technology initiatives and increase comfort over implemented IT solutions, through the effective management of risk in the following areas:
According to many research a quarter of all major change programmes fail completely while around three quarters under deliver. Many companies have a history of IT implementation projects, which struggle to deliver the benefits that are expected of them, often having major knock on effects with other projects and sometimes even conflicting with others.
PwC's IT systems implementation assurance services help clients to boost the likelihood of a project's success and to reach its business goals. PwC's team of specialists have tried and tested methods in addition to years of experience of business and project management behind them, covering variety of IT systems: ERP and HR (SAP ERP, Oracle E-Business Suite, Microsoft Dynamics AX), GIS, CRM, BI, GRC and others.
Our experts work with their clients throughout the whole project lifecycle - from the planning, by way of the controlling and right through to the conclusion of a project.
We add value throughout the IT systems implementations arena by:
External project assurance ensures that the financial goals of a project can be achieved, quality standards adhered to and deadlines met. The key target is to succeed in controlling the project and creating expected added value for the company.
The pace of IT change, regulatory pressures and increasing dependency on IT represent a significant challenge for companies. IT systems must be fully available and reliable to enable business processes to run smoothly, in well controlled and transparent manner.
Information has become a critical factor for business strategic and operational management. Customers, partners, suppliers, employees and investors all require that data and information be confidential and inviolable, but also reliable and available for reporting and management purposes.
Many organisations report and make decisions based on information which is unreliable, inconsistent and misleading. There is an increasing burden of external reporting and compliance - be it from shareholders/investors, customers/suppliers, Regulators, Government bodies/departments and NGO's.
Also internal controls systems are more and more dependent on IT systems, with increasing ratio of automated and semi automated / IT reports based ones. Reliance of internal controls systems require reliance on IT systems as well, while increasing number of automated controls improve effectiveness of the controls environment and reduce its costs for the organization.
We add value throughout the IT systems and data related risk and solutions arena by:
Businesses will see direct benefits as a result of implementing these solutions, for example increased reliability of the internal controls system and information, a reduction in risks associated with both: daily business and compliance combined with improvement in the cost-benefit ratio.
Senior Manager, Risk Assurance Solutions, PwC Macedonia
Tel: +389 70 248 127