Collaboration to Achieve Sustainable Results
We work collaboratively with clients and stakeholders to develop and implement effective solutions, optimize processes, and achieve your organizations' objectives within quality, cost, and schedule.
Synergy provides digital and agile internal audit capabilities and skills. Our certified personnel collaborate with your stakeholders to deliver an integrated, holistic approach and organization-wide Governance Risk and Compliance (GRC) every time.
How do we partner to help our clients succeed?
Clients choose Synergy to develop sustainable solutions managing uncertainty, identify and mitigate emerging risks and the rapid pace of evolving risks, and adopt innovative value propositions (user-centered design) to address changing customer expectations quickly.
Tackling changing customer's and stakeholder's expectations creates complexities and unknown problems. Businesses big and small grapple with these challenges daily. Success and failures are often associated with intangibles such as optimal resources, collaboration amongst cross-functional teams, and a corporate culture dedicated to experimentation and continuous learning.
Our Internal Audit Value Chain (IAVC) methodology enables efficient collaborations across your value chain to unlock possibilities with a new way of thinking—how employees work, problems they solve, and a constant re-definition of value, to audit what matters, and when it matters.
Agile Internal Audit
As an integrator, we operate more like "Internal Management Consultants (IMC)" or a modified Internal Audit function, promptly demonstrating new capabilities. We maintain independence and play a pivotal role in supporting your strategy and mission priorities. We offer solutions addressing the rapid pace of emerging risk and evolving risks, acquire the skills and expertise to provide oversight, and proactively collaborate with your business units as their partner towards success.
Our Internal Audit Value Chain (IAVC) methodology provides flexibility and agility, and the execution is customized to align with your organization's strategy and mission priorities to meet challenges. The framework enables your CEO, C-Suite and Leadership teams, Board of Directors, and Program Managers to achieve goals by focusing on what matters. It also presents an excellent strategic approach to problem-solving that could significantly add value in the long term.
The Synergy IMC focus, executed through our IAVC methodology, enables effective agile internal audit - AIM. Appropriate design or re-design for digital to generate actionable insights that are monitored to deliver results.
The "A" stands for appropriate.
The "I" stands for insightful.
The "M" stands for monitored.
We customize the following agile audit principles to each client organization and support leadership teams to create, capture and sustain value:
Always perform appropriate reviews and engagements.
Generate relevant and actionable insights.
Provide recommendations that are monitored to achieve results.
Internal Audit Co-Sourcing
An opportunity to obtain on-shore and off-shore expertise and partner with specialists towards improving responsiveness, demonstrate internal audit's value as a trusted advisor to Management, the Board of Directors and Stakeholder's, as an extension of your teams in the USA and APAC regions
Internal Audit Outsourcing
A modern Internal Audit collaborates towards embracing technology and enables on-shore and off-shore Leadership Teams to create, capture and sustain value. It's also at the core of an agile End-To-End solution enabling creativity and design thinking and accelerates digital transformation through a value-chain framework.
Governance Risk and Compliance (GRC)
Our Internal Audit Value Chain (IAVC) methodology assists management teams in achieving strategic, operational, financial, and compliance objectives. We bring a systematic, disciplined, and integrated approach to evaluate and improve the effectiveness of Information Technology (IT), cyber, risk management, control, and governance processes.
Continuous Process Improvement
Does your organization utilize an agile Change Integration Process (CIP) integrated with other Continuous Process Improvement (CPI) methodologies to develop a culture of problem solvers?
Information Technology (IT) and Security Assessments
Plan and execute IT audits and reviews to assess the extent to which an organization's IT processes and infrastructure addresses the following: Maintain data integrity, produce reliable and accurate information, protect assets, ensure availability and performance, and comply with IT-specific laws, policies, and standards. IT audits include assessing, evaluating, and issuing Notice of Findings and Recommendations (NFRs) to management regarding the adequacy of internal controls and inherent security of information systems and the effectiveness of the associated risk management.
Fraud Risk and Vulnerability Assessments
Opportunities to commit fraud continue to evolve and can easily be exploited by trusted employees if your organization is not proactive at identifying fraud vulnerabilities and taking preventive steps.
SOX and Audit Readiness Reviews (OMB A-123 and FISCAM)
Provide support to assist management in analyzing the effectiveness of its controls over financial reporting. Review processes to ensure significant risks impacting key objectives are identified and mitigated to an acceptable level. Examples of critical activities include assessing external and internal risks (2nd Line of Defense), validating an appropriate control environment, and monitoring performance.
Supplier Readiness Reviews and Off-Shoring
Independent review and assessments of your Suppliers in the APAC region and provide support to meet audit, fraud prevention and detection, risk management, governance, compliance, and quality requirements. Reviews to identify improvement opportunities and solutions towards achieving business objectives.
Examples of audits and reviews we perform include
but are not limited to the following:
Strategy – audits and reviews impacting the achievement of your strategic goals and objectives, including a strategic risk assessment.
Culture – ethics reviews and audits to improve the tone-at-the-top, the tone-in-the-middle, tone-at-the-bottom, and culture across your value chains and supply chains, essential business operations, and locations.
Risk – ongoing enterprise-wide reviews and audits, reflecting internal and external threats to aid your management teams in navigating the dynamic and complex risks and business environments.
Compliance – audits and reviews to improve internal and external quality, regulatory, and compliance requirements across your value chains and supply chains, critical business functions, and locations.
Operations – audits and reviews to foster improved organizational processes and procedures across your value chains and supply chains, core business units, and locations. In addition, Synergy provides customized performance audits, monitoring, and evaluation support for public and private sector organizations.
Financial Management – reviews and audits to improve your organization's financial reporting, accounting, systems and business processes. These reviews are performed across supply chains, business units, and departments to deliver sustainable, profitable growth.
Information Technology and Security – reviews to help your management teams adopt the right technologies, obtain data to guide decision-making, and protect your organization's sensitive assets.
Fraud – ongoing fraud risk and vulnerability assessments across your supply chains, business operations, and locations and implement preventive controls.