IS Audit

Information system audit

Information technology is one of the primary business functions for every enterprise and businesses have high expectations when it comes to their IT investment to create profits for customers and the organisation itself. Some of these benefits include reduction of cost, standardisation of process, enhancement of productivity, improvement in the workflow, implementation of new business strategies, improved communication, enabling inorganic and organic growth and gaining sustainable advantage through the information system audit (IS Audit) and strategy. The following are the key aspects of the ERP system that facilitates IT and business alignment.

• Preparation of flexible parameters
• Personalisation of the business goals
• Creation of print designer tool
• Reporting based on 360-degree views
• Streamlining the API integration
• Service oriented extendable architecture
• In-built process packs
• Mobility enabled businesses
• Making the business cloud ready
• Enabling social media in the business
• Port let configuration
• Simplification of strategies
• Industry-enabled solutions for Distribution, Manufacturing and Contracting
• Creation of effective link between people, process and information
• Addressing the requirements of B2B and B2C companies
• High compliance and methodological audit

The ERP system is one of the most effective components of the IT strategies, which in turn should support the business strategy of the company. The business goals of a company should be one of the significant inputs to the requirements of ERP. During the preparation of the future system, a company and its departments need to provide the input needed to define the new system. At SPD Consulting Pvt Ltd, we help the team of ERP selection to develop a business goal framework, which connects the software requirements of ERP to the business goals. The framework helps on the following:

• Linking business goals to strategies
• Helps linking of strategies to processes
• Linking of processes to crucial software function

The motto of linking ERP design with the business functions are as follows.

1. The ERP systems help companies manage a wide range of functions from HR, finance, to the supply chain. However, with growing complexities companies can benefit from the digital structure.
2. Some of the leading companies are changing their ERP strategies to combine with the functionality of industry-specific applications.
3. Companies can align the upgrades of ERP with strategic goals and appetite for risk to get the benefits of digitalisation, including the cloud-hosted applications and direct connections to the important data feeds.
4. Increase the on-time delivery module
5. Realisation of improved raw material yield
6. Standardisation of exceptions in handling the processes across the manufacturing operations
7. Enabling improvements teams with real-time visibility and analytics
8. Enhancing the effectiveness of the equipment

We ensure that an upgraded ERP is a significant component of the IT strategy.

Pre-post implementation review

Before the implementation of a new business system, it is necessary to assess its requirements and whet the new system intends to satisfy. On the basis of the information gathered, selection of a supplier and application can be materialised. However, the implementation should be a controlled process and test procedures must go out in advance. For data migration, implementation of a flexible data transfer process is essential and should be implemented to ensure the accuracy of the migrated data. At SPD Consulting Pvt Ltd, we help you with planning, execution, and also review of the individual tasks for the process of implementation.

Our pre and post implementation review allows you to shift to the new system through methods that are cost-effective and strategies the capacity and requirements of the organisation. The following are the advantages you get by hiring our services.

• You can minimise the period of payback of the resources spent during implementation and enhance the satisfaction of the system users and clients.
• We pay heed to the legal compliances that specifically apply to your line of business and ensure that the new system implemented should comply with the law and make sure that the regulatory warnings and fines are minimised.
• We allow your organisation to make advance plan for the resources to mitigate the risks and rectify the deficiencies while offering our solutions at different stages, keeping in mind the cost-effectiveness and opportunities.

IS Audit: Task of implementation and completion

The task of implementation and completion projects can be stressful for several companies. Projects often undergo large, complicated and diversified challenges. Besides, several projects also fail to meet their expected goals. The rate of failure and the challenges present in the IT application software development as well as the implementation of projects is estimated at an all-time high. The problems and hindrances in the software implementation project are cost and time issues. The challenges in the software implementation project are:

1. Overrun of time and cost where projects are typically behind the schedules and exceed the budget.
2. Improperly designed control frameworks
3. Not meeting the requirements of business and users

The time and cost of a failed project cannot be recovered fully but the pre and post implementation review can help deal with the challenges.

• Pre- implementation review of the IT solutions allows the management to figure out the weaknesses before the implementation of the solution into production and it is more cost-effective to rectify the weaknesses during the process of design and development.
• Post implementation review of IT allows the management to make sure that implementation of original requirement is appropriate.

We create a well-designed software implementation audit plan for appropriate pre and post implementation review to be completely successful.

Complete automation review

Business automation takes the place of manual process with automation, open collaboration, and just-in time analytics. The following are some of the benefits of business process automation.

• Higher level of Productivity
• Enhancing the Customer Service
• Increasing the efficiency
• Modifying the accuracy
• Tracking and audibility
• Increased job satisfaction

At SPD Consulting Pvt Ltd, we provide the following services to customers.

• Our business automation process ensures that every process delivers authentic and quality results.
• Automation of processes that takes more time and prone to errors to minimise the turnaround time and errors.
• The automated processes can be processed in the form of metrics to view the performance and the basic key points.
• Finally, the automation of business process amalgamates the team members under one roof and allows the activities to move effectively.

Missing link detection from the entire business automation process

The wonders of marketing automation software accelerate the capabilities of the marketing departments to take the business forward. To stay ahead of their competitors, businesses need to make sure that the infrastructure and technology functions properly withstands the potential threats. At SPD Consulting Pvt Ltd, we particularly ensure that the clients which are focused on improving the business strategies do not miss critical insights about the competitors. From mergers and acquisitions, release of new products, understanding the market trends, and studying the development of competitors, we help in detecting the missing link from the business automation process.

Intellectual property audit

The growth and creation of value are the significant goals of a management team and valuation of IP is essential in the context of in-house value of the IP and its worth, out-licensing deals, merger and acquisition transactions, table events, financial reporting, along with bankruptcy and proceedings of litigation. In this age of reliance on differentiation of products and services and high level of innovation, it is necessary for companies to safeguard their intellectual properties. However, companies should know their rights, suitable protection of property, mode of protection, appropriate procedure to find out the rights to be registered, and reducing the tendency of infringement on the third party rights.

Furthermore, it should evaluate the terms of contract for the right used under license, protection of trade secrets from the employees, and look into various other important issues. The IP audit is the systematic review of the IP you own or acquired and used by the business. The purpose of this audit is to unravel the assets that are under-utilised and detect the threats to the bottom line of the company to allow the strategists of business to devise procedures that help in the maintenance of the brand equity and the market share of the company. At SPD Consulting Pvt Ltd, we have a team of experienced Chartered Accountants who work with patent lawyers and litigators for conducting the valuation of IP assets.

An enterprise can conduct an IP audit under the following circumstances:

1. When an enterprise acquires a company that is IP-centric.
2. When a business decides to sell its IP
3. Valuation of IP assets
4. Identification of procedures followed by the company in lieu of IP and framing guidelines for its protection and management.
5. Violation of third-party or IP rights
6. Staying updated with the legal changes
7. As part of a continuous IP management programme
8. Enforcement and protection of IP rights.

Based on the requirements, the audit can be classified as

• General purpose audit
• Special purpose audit

If you wish to get a valuation of your intellectual property, we at SPD Consulting Pvt Ltd, indeed, provide the assistance you need through our IP valuation team.

Database security audit

Database audit is one of the most important compliance requirements that help a business to avoid missing the opportunities regarding the storage of user data. At SPD Consulting Pvt Ltd we offer a wide range of solutions and services with a high level of perfection. Our focus is on providing the right solution for the requirement and we always deliver the solutions before the deadline. Database auditing is recording and monitoring of specific user database actions. The audit depends on individual actions or combination of various actions. The audit of database helps in the following.

• Enabling the future responsibilities for the present actions taken in a specific row or table that affects the entire content.
• Prevent the users from performing inappropriate actions based on the responsibilities and helps in the investigation of suspicious activities.
• Reassessment of user authorisation due to manipulation or deletion of data.
• Monitoring and collection of data about specific activities of the database.

Our expert can also help you handle some of the other important aspects through database security audit, such as data protection and compliance, big data security, discovery ad assessment of issues in the database, and protection of lost data.

Data Privacy Maintenance

Protection and security of personal data is significant for every company. We at SPD Consulting Pvt Ltd know how to handle and maintain your personal data from websites, sub domains, subpages, along with the mobile and desktop versions of the data. It can include any software, content, material, information, features, services, or functionality. We handle your data in compliance with the regulations on data privacy protection and security. Our team of experts nevertheless install any spyware and software on the computer or sell any information to the third party.

We implement security measures that are commercially feasible and are particularly suitable to the nature of the information we gather and safeguard from unauthorised destruction, access, modification, and disclosure. Only SPD Consulting Pvt Ltd and the entities we authorise can access information from our servers. We only gather personal information from our clients when they choose to share such information with us, such as information to register with the site or signing up for services available through the site. When you access our site, we collect industry-standard information, such as device data or usage data. From compliance, service to maintenance, we are a leader in data security. Our service providers have a record of holding on to high standards and the data centres undergo regular audit to verify the practices.

Data backup maintenance

At SPD Consulting Pvt Ltd we know how important it is to follow a backup solution for your data to support the continuity of business. We can provide solutions of data backup to meet the requirements of your business while staying within the budget. Our solutions are based on the following technologies:

• Optical backups
• Tape backups
• Solutions based on disks

Additionally, we also provide online backup services to make sure that your data gets the highest level of security, and is cost-effective. We coffer online backup solutions for the protection of your server, Mac or PC. We understand that our customers cannot afford to lose data or go through downtime, so we resolve thro problems quickly. Every enterprise accumulates several volumes of data each day. Therefore, data backup and recovery of crucial business solutions is highly significant. We provide security and integrity of your data with proper backup services. The following are our areas of specialisation.

Planning of business continuity

Our experts analyse, design, plan, and execute suitable strategies for backup of data to ensure continuity of business.

Data backup

Providing a centralised database architecture design and automation of incremental, differential, and continuous backup to cloud, above all, we have the necessary infrastructure for massive data migration.

Security and compliance

The data backup experts ensure that your crucial enterprise data stays protected from breaches and hacks, and also complies with the industry regulations and standards.

Disaster recovery planning

From human error, malware, natural disasters, software and equipment failure, problems can equip your business any moment. Undoubtedly with the Disaster Recovery Planning of SPD Consulting Pvt Ltd, your business can continue its operations without any hindrance. Our DRP can help you in the following ways.

• Protection of crucial business systems from sudden outages and ensure fast recovery.
• Allow you to continue operation even when your physical entity is damaged.
• Ensure data availability and security
• Experience peace of mind with business continuity

Every business may have to face disaster even though it is unfortunate, but a consolidated DRP is one of the aspects no company can ignore to ensure the operation in the event of a disaster. Our disaster recovery solutions can tread miles to reduce your business risks and ensure continuous flow of data irrespective of the circumstances. Firstly, disasters can hit your business any time, the continuity of business operations depends on a constructive disaster recovery plan to reduce the impact of the problem. Our DRP ensures that your business is ready to face weather disruptions. Our team has the knowledge and experience to help you taken on a disaster recovery plan and lets us keep your business agile and flexible. The following are our services.

• Crash of application
• Issues of up gradation
• Corrupt backup
• Failure of hardware
• Theft
• Natural disasters
• Fire

The backup and disaster recovery services we offer protect the data of our client’s onsite and offsite through imaging of server in the cloud through private and hybrid cloud services.

Vulnerability Assessment

Business growth and obsolescence of IT along with new trends in technology is changing the attack surface of every organisation. Therefore, companies need to stay updated with the new security exposures for effective management of cyber risks. The vulnerability assessment services of SPD Consulting Pvt Ltd help in outlining, classifying, addressing the weaknesses of your organisation on the premises and also in cloud networks too. With the help of scanning tools and high class professionals, we provide the highest level of support to include the core vulnerabilities and help in eliminating the burden and maintenance and administration with regular security evaluation. The following are the core steps of vulnerability audit.

• Creating an outline of the vulnerability management policy
• Assessment of current vulnerabilities
• Analysis of the present level of vulnerabilities and security
• Eliminating the reasons of vulnerabilities
• Maintenance of security through continuous testing and discovery

Network Protection

The focus of our solution is particularly to build better walls around the network to keep the attackers from knowing the weaknesses. Our solutions scan the significant network resources and prioritise the vulnerabilities to apply limited resources for fixing the problem also.

The focus of our vulnerability assessment can be listed below.

1. Knowing the assets
   We analyse your network to figure out and segment the systems, data, and applications to help you understand how vulnerable your critical assets are to the cyber attackers.
   
2. Reviewing the defences
   Unquestionably the vulnerability assessment reviews the potential of your external and internal defences to restrict and withstand the cyber threats. Through current technology and procedures, we especially allow the primary stakeholders to understand clearly the security position of your organisation.
   
3. Improve the planning of cyber security
   We also capitalise on the cyber security risks to prioritise those that require significant attention for better allocation of defence soured sand addressing the concern areas.

Offering help

We at SPD Consulting Pvt Ltd provide comprehensive support for eliminating the identifiable risks and help your organisation to minimise the surface of the attack and restrict the damage due to cyber risk.