Are you looking to ensure your business has a clean bill of health? Are you sure that your business’s tax and accounting obligations are being met, and you are paying the minimum legally required? Have your business and/or personal risks been identified, considered and documented so that each has a priority and a plan to accept, manage or mitigate should the need arise? Are your financial reports timely and formatted in a way that provides you with the information you need, when you need it in a simple and understandable way?
If you are unsure or worried, you need b-Sage Solutions’ b-Health service. As a client receiving the b-Health service you will be comfortable in the knowledge that:
1. There won’t be any surprises in your business’s tax and accounting obligations,
2. You will receive improved reporting; and
3. There will be a process of risk identification, management and mitigation in place to minimise any shock that may come along.
Risk Management
Risk management is the essential element in good business governance and often overlooked as not necessary, or too complex and time consuming. Without it, however, there is likely to be ticking time bombs within your business. Additionally it provides further comfort to stakeholders not directly involved in the day-to-day management of the business (your Bank for example) that the business is being managed professionally and conservatively. When properly implemented and maintained it is a powerful process. It can prevent your business failure! The success of the process is not just in the identification of the risks but also in the implementation of the associated management processes and procedures.