You’re under pressure to make your business as effective and profitable as possible – not just to survive in the present, but to take advantage of opportunities in the future.
Many businesses are undertaking radical cost reduction exercises at the moment, but in doing so they run the risk of damaging their operational effectiveness. We believe this risk can be reduced by taking a structured, holistic approach that focuses simultaneously on cutting costs and improving performance.
EY can work with you to take cost out of your value chain and improve the processes that support it – in a way that drives long-term and significant savings. First we evaluate your entire cost base, examine working capital and revenue optimization practices. Then we assess your core processes, your current risks and the controls you have in place, as well as the way key programs are being managed. We then work with you to execute any necessary changes.
By taking this approach to reducing costs and improving performance, you can achieve significant benefits throughout your organization – both now and in the future. It’ll put you in a good position to survive the downturn and emerge strongly at the first signs of recovery.
Improve business performance: transform your GRC programme
Governance, risk and compliance programmes must continually reassess how to meet strategic objectives. Is your organisation's GRC function still struggling to provide the expected value?
Integrated reporting: elevating value
In today’s organisations, intangible assets have become as important as tangible assets. Integrated reporting helps your business move toward a more holistic picture of value.
Expecting more from risk management
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Big data: changing the way businesses operate
Do you have the capability to analyse vast amounts of information? We explore the benefits and risks of using big data to enhance business operations.
Matching Internal Audit talent to business needs
Corporate leaders are demanding that IA improve visibility, become strategic advisors and deliver lasting value. Our 2013 Global Internal Audit survey explains this shifting mandate.
Smart Control: reducing cost, enabling growth and keeping the business safe
Balancing value, cost and risk in processes and controls helps create a competitive advantage. Becoming streamlined helps you anticipate and respond to changes.