Enterprise Risk Management

Business must now look forward to what lies beyond COVID-19. Aprio’s Enterprise Risk Management Practice plays an essential role in helping businesses assess, identify and manage risks that can impact their recovery plans and impede their business objectives by identifying opportunities for operational improvements that can maximize cash flow, control costs, increase profitability and increase business value. Our service provide the foundation for governance and effective management through crisis periods.

ERM team’s assessment activities identify opportunities for Aprio service teams across Advisory, Assurance, Outsourced Accounting and Tax to provide services that support the clients’ business objectives. Service recommendations are contingent to the current client relationship as it relates to independence.

There are Three key that ERM can provide clients in the next 8-10 weeks.

• Internal Audit Services ­– Internal audit is key to identifying risks that can keep companies from achieving their business objectives.  As clients consider moving from fixed to variable costs, outsourcing internal audit functions can provide considerable savings.
• Operational Improvement Engagements – These engagements include comprehensive assessment that looks at the current state of processes across every aspect of the business. We then identify opportunities for improvement and help clients envision the desired end state to effectively manage the execution of process improvements.
• Cost Transformation Services – Cost transformation engagements provide detailed analysis of operational expenses and vendor relationships to identify alternatives that can provide cost savings. Fees are determined by the cost savings that can be achieved.