Today I am going to discuss how an entire Team led by a Great Leader had helped an Associate to reclaim life and move forward.
This associate had joined the 100-person team straight out of college, full of promise. Things were going well he was newly married, admired by his peers for his quick learning and friendly demeanor. But then, tragedy struck. He was diagnosed with a life-threatening disease.
The news was devastating, and the options for treatment at that time were limited. But the team, led by their inspiring leader, refused to give up. They identified a hospital where the associate could receive treatment, but the costs were staggering. Despite the emotional weight of the situation, the leader rallied the team, and they began to pool resources to cover the expenses. However, the amount they raised wasn't enough.
At this point, the company stepped in with an innovative idea, one that is common now but unheard of back then: for every rupee contributed by employees, the company would match the contribution. This solution covered the treatment expenses, but another issue remained his leave balance. The associate had limited paid leave, yet his treatment was expected to take more than a year.
Once again, the team and its leader found a creative solution. They allowed any employee in the company to surrender their leave days, which were then credited to the associate. The response was overwhelming, and the associate had enough leave to continue his treatment without worry.
The most inspiring part of this story is that the associate, with tremendous grit and courage, overcame his illness and returned to work, fully cured.
This experience left me with several key takeaways:
1. The critical role of an inspiring leader
2. The bonding and unity within the team
3. The timely support from management and HR
4. The resilience of the human spirit to overcome even the direst of situations.
As a practical tip for those working in organizations, I want to emphasize the importance of reviewing your nomination process. When you joined, HR would have asked you to fill out a nomination form, typically for your Provident Fund (PF) and other benefits.
It's important to periodically review and update this, especially if you're married, as the law generally favors the spouse as the nominee. If you're unsure,reach out to your HR department for guidance.
- Arigato,
Paddy.
CFO, NCS SoftSolutions
As the Head of the Digital Media team at NCS Softsolutions, I was thrilled to moderate the webinar "Gold Loan Auditing Unveiled: Navigating Today's Challenges and Strategies for Effective Navigation," which took place on June 13, 2024. We had industry experts who shared valuable insights on auditing, technology, and business management in the context of gold loans.
NCS'ites Speaks
As businesses continue to face complex challenges, the role of auditors has become increasingly vital in safeguarding the integrity, business, operations and accuracy of financial reporting. As such, auditors must keep up with the ever-changing industry trends to ensure they provide the best service possible to their clients.
NCS'ites Speaks
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We are living in the world of things which are interconnected through internet. The onset of digitalization era has opened up a lot of opportunities for every one, especially, for business and enterprise. From Mobile banking, to online shopping, to reading news and books, everything is just one click away.
NCS'ites Speaks
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In today interconnected business landscape, organizations increasingly rely on third-party vendors and partners to deliver products and services. While these partnerships offer numerous benefits, they also expose businesses to potential risks, including data breaches, regulatory violations, and reputational damage. Establishing a robust Third-Party Risk Management (TPRM) program is crucial to safeguarding your organization from these threats. In this blog, we’ll walk you through practical steps to create an effective TPRM program, ensuring a secure and resilient business ecosystem.
NCS'ites Speaks
Using Artificial Intelligence (AI) in Internal Audit can bring numerous benefits, enhancing the efficiency and effectiveness of the Audit process. AI technologies, such as machine learning and natural language processing, can be leveraged to perform various tasks and analyses that were traditionally conducted manually, saving time and resources while increasing accuracy. Here are some ways AI can be utilized in Internal Audit:
NCS'ites Speaks
Over the past decade, the world of industry has undergone significant changes in the field of risk management. With advancements in technology, changes in business practices, and increased global competition, effective risk management has become more critical than ever before. In this article, we will explore the evolution of the industry in the past decade in risk management and the challenges and opportunities that lie ahead. Here are some of the ways in which the landscape of risk management is changing and evolving.
NCS'ites Speaks
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The success of any organization is dependent on the strength of its risk management and internal audit processes. Together, they create a powerful foundation for success! Third-party risk management has become increasingly important as organizations outsource more of their operations to external vendors, suppliers, and service providers. These third parties can introduce a range of risks, including cybersecurity, operational, financial, legal, and reputational risks. To manage these risks effectively, organizations need to implement a robust third-party risk management (TPRM) program. In this article, we will discuss TPRM and the role of internal audit in it.
NCS'ites Speaks
Our very first customer meet happened on November 21st, 2022, in Chennai on the occasion of 15 years of NCS Soft Solutions. It was for our South customers and with lots of planning in a short span we made it a great event. The event also marked the launch of our New Product eTHIC CAAM. The event started off with a prayer in the presence of Our Guest of Honor Mr. Nabankur Sen, Chairman Mr. Subramaniam N, CEO Mr. Shanmugavel P, COO Mr. Asir Roy Dinesh, CFO Mr. Padmanabhan and all our board & advisory members, valued customers, and team members.
NCS'ites Speaks
Financial Crime Risk Management Frauds, scams, financial crime have become so common, they are used almost everyday and happening around us constantly They fill pages in newspapers globally. It is also correct to mention that digital innovation has speeded up the financial crime multiple times and also innovation in carrying out the financial crimes. People are finding new ways to swindle information and money online, which thankfully, also leads to people finding new ways to protect themselves from such online scams.
NCS'ites Speaks
Understanding Web Application Security! The growth of internet and its development increases in a daily basis
NCS'ites Speaks
Why are Trainings Backbone of any Organization? Training is one of the pillars in any organisation.
NCS'ites Speaks
In an esteemed recognition of industry leaders, Corporate Connect, in collaboration with Business Connect India, has acknowledged NCS SoftSolutions for its significant accomplishments and pioneering innovations in Governance, Risk, and Compliance (GRC) and audit digitisation.
News & Events
It was fantastic day of celebration! Congratulations to all those who have successfully completed their Tech MBA program, and full cheer to all teams who participated in the NCS Cricket League 2024. It has been fulfilling to witness inspiring achievements in education and exhilarating moments on the field all in one day. Here's to many more milestones and victories ahead!
News & Events
As World Blood Donors Day is on 14th June 2024, We at NCS SoftSolutions Pvt Ltd had a Blood Donation Camp today at our office premises along with VHS (The Voluntary Health Services) to raise awareness and encourage voluntary, safe and unpaid blood donations.
News & Events
We're thrilled to share that Corporate Connect's 'Impact Feature - Business Excellence Awards 2024' has honored us with the title of 'Cutting-edge AI Audit Solution - 2024'. This recognition celebrates our outstanding growth and unique contribution to the industry.
News & Events
NCS Annual Business Meet 2024-2025! Our recent business meet has been a success. Amidst a dynamic atmosphere of collaboration and innovation, our team showcased unparalleled dedication and expertise, leading to achievements. Together, we have elevated our company to new heights and set the stage for even greater accomplishments ahead.
News & Events
We're thrilled to announce the completion of our TECH MBA programme! It's been an incredible journey filled with hard work, dedication, and growth.
News & Events
On the occasion of International Women's Day, we highlight the voices of our remarkable women associates to express their journey within the organization, reflecting on the supportive work environment.
News & Events
Here is to a new beginning! As we expand our office space and aim to take the company to new heights. Thank you for your continuous support.
News & Events
We are thrilled to share that Rangamani Associates Chartered Accountants Firm has placed a groundbreaking order.
News & Events
NCS Pongal Celebration 2024. Creating wonderful memories together as we celebrated Pongal with NCS family.
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Step into the Future of Auditing and get to know how Remote Continuous Audit is Revolutionizing the Field, by NCS SoftSolutions' Webinar “The Third Eye of The Future : Remote Continuous Audit”.Click the below button to play full video.
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Kindly find the links below *Note: Do use Google translator to read the articles in English.
News & Events
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We're thrilled to announce that our onsite Customer Support Team associates have successfully completed their comprehensive 'on-the-job' in-house training.
News & Events
Our Chairman Mr. Subramaniam N giving a speech on "Digitalization in Audit function in Financial Services Industry", at IAIB National Conference 2023, Indonesia.
News & Events
Successfully done with our seminar on "Governance and Audit Role in Quality Improvement of P2P Lending Industry" today (11.07.2023), along with Exlayer and AFPI, at Jakarta, Indonesia.
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For prompt filing of returns and payment of Goods and Services Tax during the financial year 2022-23, thereby substantially contributing to building a strong and resilient nation.
News & Events
Are Auditors soft targets to blame for Corporate Failures? Learn more about auditors' role in corporate governance and their potential implications. Watch Now our Webinar on Corporate Failures - Are Auditors a Soft Target to Blame? By NCS SoftSolutions as top industry experts share their insights.
News & Events
The power of collaboration and innovation can bring about remarkable changes. We are proud to have implemented eTHIC CAAM in one of India's leading banks, and the results have been inspiring!
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NCS SoftSolutions Pvt Ltd at the 6th Insurance India Summit & Awards 2023 at Westin, Goregaon, Mumbai. Visit Us to know more.
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Video Link : Business Meet 2023 - 24
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As you all know we had a fun-filled Pongal celebration with Pooja, Pongal, music, and much more. We also had a Rangoli and Pot Painting Competition. Our hearty Congratulations go to all the winners and all the participants.
News & Events
NCS as Company of the Year 2020 CIO Magazine
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Our CEO Mr. Shanmugavel's and Mr. Baskar Rao, Chief General Manager of Audit and Inspection from Union bank of India, Hyderabad, at Audit Zonal Office Meeting.
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GITEX Gulf Information Technology Exhibition, NCS exhibits eTHIC in Dubai
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Foothold into cooperative world as we work with Saraswat Bank for digitalizing their Audit Universe
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Received Audit Automation order from J K Bank
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First Breakthrough in Small Banks NCS bags order from ESAF Bank
News & Events
Today I am going to discuss how an entire Team led by a Great Leader had helped an Associate to reclaim life and move forward.
Paddy's Corner
Continuing my Learnings from the Corporate Journey. Today, I want to recount an incident that highlights the importance of grit and timely action from a leader.
Paddy's Corner
Continuing with my learnings from the corporate journey, I want to touch on two important aspects.
Paddy's Corner
A quote that has driven me through various stages of my life is, "Reading is a journey of discovery."
Paddy's Corner
Typically, I start by highlighting the topic before sharing my thoughts, but this time, I decided to switch things up. After all, I believe in practicing what I preach about not succumbing to the quicksand called monotony
Paddy's Corner
Recently, I have seen many posts on my feed about young students successfully qualifying for their final examinations, and their next goal is to secure a position in a good company. In light of these events, I wish to share the journey of my career as well.
Paddy's Corner
These past few weeks, I've shared my investment journey, but my educational background is a crucial part of my life that I want to highlight. "Resilience" is the principle that has guided me through this journey.
Paddy's Corner
My journey is one of continuous learning. Although I have an interest in learning all aspects available, I have come to understand the necessity of aligning my curiosity with my goals. This endeavor has taught me the importance of Focused Curiosity.
Paddy's Corner
Continuing with our theme-based posts, this week I wanted to shed light on a habit emphasized as fundamental in the investment world: Curiosity
Paddy's Corner
"The power of compounding". Einstein called it the eighth wonder of the world. The Sage of Omaha, Warren Buffett, practices it. His student, the founder of Pabrai Investment Funds and Dakshana Foundation, Mohnish Pabrai, preaches it.
Paddy's Corner
My journey with this newfound thought began six years ago when I was striving to find my purpose in life. I used every resource available, whether by reading hundreds of books from libraries and stores, starting a Gratitude Journal, practicing affirmations, etc.
Paddy's Corner
Driven by curiosity and a desire to continually learn, Mr. Padmanabhan Raman (Paddy) - CFO - NCS SoftSolutions (P) Ltd, embarked on a journey of knowledge. With the mentorship of Mr. Sanket Pai, he began writing blogs, sharing the wealth of information he acquired through extensive reading. Paddy, will now be sharing his valuable insights through a weekly blog series, starting today. We hope you enjoy these articles and gain meaningful life lessons from them. Happy reading!
Paddy's Corner
