Organisations that desire fast growth also have to deal with challenges. In their endeavour, they must:

• Ensure processes are scalable to support the growth. They must mitigate related risks, and move forward seamlessly;
• Implement standardised leading practices;
• Identify potential revenue & margin enhancement areas and implement quick solutions;
• Ensure expenses (direct and indirect) are accurately and optimally incurred, accounted and reported;
• Reduce process-time within each silo and during hand-offs in the organization, thus improving efficiency and effectiveness of business activities;
• Ensure internal controls in data-heavy, high risk and dynamic environment;
• Articulate roles and responsibilities, know which KPIs to monitor?
• Move from ‘people-dependent’ to ‘process & technology’;
• Ensure availability of real-time information visuals for decision making; and
• Optimally centralize / decentralize authority and empowerment.

O&B works with its clients and provides seamless support in building their process frameworks that enable Growth, Agility, Scalability, Control, Accountability and Consistency. The organization, thus achieves:

• Reduced span of top management time on operational issues;
• Maker-Checker-Approver Model infused for key activities. Robust approval mechanism considering the nature of activity;
• Control over open items and reconciliations to ensure completeness and timeliness of accounting;
• Regularization processes documented for exceptions undertaken given business exigencies;
• Established responsibility and accountability across horizontal and vertical silos;
• MIS formats developed for monitoring and review of key financial / operating / process efficiency parameters;
• Segregation of accounting and review function;
• Streamlining the flow of work amongst various stages; and
• Continuous tracking of funds or materials usage and accountability.