Typical Problem
Many losses are generated by clients, staff and suppliers aiming
to maximize their own profit and benefit on the account of the company.
Most of this sort of damage that strikes companies are hidden costs,
since it is neither regularly measured nor shown in company’s
records, and is carefully concealed by these agents. It affects
company’s sales, costs and margins, originating from: - Dishonest buying process : Hidden commissions, bribery and embezzlement
increase the company's costs for buying merchandise, services, raw
material, etc. ;
- Income mismanagement: Product counterfeit, over production and billing frauds are the most common aspect of this phenomenon, involving cancellation, diversion and reduction of the company's income by internal and /or external factors or collusion of such;
- Other causes: Products and material deviation among other causes.
Our Solution
ICTS identifies the risks associated with these practices, prioritizing and targeting the ones most representative to the specific activity of a company. Information Channels for bad practices are created and denounces are verified, reinforcing a transparent environment and applying the ethical code. Checks are performed with unidentified clients, employees or suppliers and job rotation for critical positions can be implemented, with careful planning not to disturb the operations efficiency.
Integrity Reinforcement, Information Control and Preventative Business Intelligence are combined to restrain opportunities for bad practices in an environment with transparent rules, resulting in a more reliable, motivated and controlled staff. The Loss Reduction approach is integrated with all other solutions in order to establish a safer and controlled environment.
Benefits to Our Clients
The reduction of un-measurable (yet quantifiable) losses, resulting in improved revenues and cost decrease. Such reduction affects clients' margins and market share. Additionally, as a collateral effect, clients get an improved understanding of bad intention, loss causes and of possible solutions. |
