An often overlooked aspect of any business is internal checks and balances that are aimed at reducing stock loss, fraud and other undesirable processes that can result in failure of a business. Too often when a staff member is caught defrauding the company it is too late and the damage cannot be reversed.
Implementing checks and balances to each transaction limits the ability of staff, suppliers, and customers to intentionally or unintentionally err to the detriment of the company. Simple procedures such as a triple document process in order to pay a supplier will result in only legitimate transactions being processed.
We analyse, recommend and implement these procedures for clients.
Digit Accounting and Bookkeeping Services 