Changing Risk Management Landscape: The Power of Change!
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.
Third Party Risk Management and the Role of Internal Audit!
“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 Customer Meet 2022
“A customer is the most important visitor on our premises. He is not dependent on us. We are dependent on him. He is not an interruption in our work. He is the purpose of it. He is not an outsider in our business. He is part of it. We are not doing him a favor by serving him. He is doing us a favor by giving us an opportunity to do so.” – Mahatma Gandhi.
Our very first customer meet happened on November 21st, 2022, in Chennai on the occasion of 15 years of NCS Soft Solutions.
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.
The Third Eye of the Future : Remote Continuous Audit 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. Full Webinar Video: Click Here!
IAIB National Conference 2023, Indonesia - Media Coverage
Kindly find the links below *Note: Do use Google translator to read the articles in English.
1. Infobank -Click Here!
2. Koran Jakarta -Click Here!
3. Metro TV News -Click Here!
4. Rakyat Merdeka -Click Here!
5. Gatra -Click Here!
6. Medcom -Click Here!
7. Economiczone -Click Here!
8. Pilar -Click Here!
Exciting News! 🎉
We're thrilled to announce that our onsite Customer Support Team associates have successfully completed their comprehensive 'on-the-job' in-house training.
Team NCS along with Team Exlayer at IAIB National Conference 2023, Indonesia.
Our Chairman Mr. Subramaniam N giving a speech on "Digitalization in Audit function in Financial Services Industry", at IAIB National Conference 2023, Indonesia.
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.
Government of India - Ministry of Finance
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.
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.
Full Webinar Glimpse Video :
Full Webinar Video Link :
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!
Risk Reduction by 96% due to eTHIC CAAM.
NCS SoftSolutions Pvt Ltd at the 6th Insurance India Summit & Awards 2023 at Westin, Goregaon, Mumbai. Visit Us to know more.
Annual Business meet FY 2023 - 24
Video Link : Business Meet 2023 - 24
Pongal Celebration 2023! 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.
Our CEO Mr. Shanmugavel and Mr. Baskar Rao, Chief General Manager of Audit and Inspection from Union bank of India, Hyderabad, at Audit Zonal Office Meeting.