Audit and Assessment Services
Pressure from regulators, shareholders concerned with protecting value, and the health and safety concerns of employees has brought a great deal of attention to the issue of Operational Resiliency. Several financial and credit rating agencies are preparing to announce a resiliency index rating service which will have a profound impact on everything from your firm’s reputation and valuation to the price you pay for business insurance. New regulations are being released all the time and regulators don’t accept “We were in the middle of a crisis.” as an excuse for not meeting compliance standards!Management teams are seeking ways to increase the resiliency of their organizations and want to know what needs to be done.
Only by understanding the state of readiness of your organization can you weigh the risks and prioritize your actions.
An NRS Audit or Assessment Service is the right first step in developing a comprehensive Operational Resiliency strategy. Don’t be caught by surprise! An investment in improved resiliency has an immediate payback in improved operations and cost controls.
North River Solutions offers 4 types of Audit and Assessment services
Self Assessment Service (NRS-SAS)
Our 25 page directed Self Assessment Program will systematically takes you through each of the ten areas that constitute Operational Resiliency and provide you with a general overview of your organization’s ability to withstand a major disruption. Included in the Self Assessment package is a 1 hour telephone consultation with one of our Resiliency Experts who will answer your questons while helping you prioritize your next steps. This consultation is recorded. An audio and transcribed copy of the discussion is provided at no additional charge. The cost of the Self Assessment service is $199.99.Benchmark Assessment Service (NRS-BAS
How do your current policies measure up against the industry standards and best practices? Let one of our Operational Resiliency Experts provide you with an independent report of your firm’s preparedness. To contact us to discuss an Benchmark Assessment, click here.Reviewed Assessment Service (NRS-RAS)
In an emergency, you don’t have time to develop new policies and procedures! NRS can provide you with a detailed review of your current policies and compare them to the “best practices” being used in your industry. More than an benchmark report, this in-depth analysis will highlight areas needing attention and suggest strategies for improvement. Equipped with this information you can set your priorities based on your risks and exposure. To contact us to discuss our Reviewed Assessment Service, click here.Audit Assessment Service (NRS-AAS)
Policies, procedures, and reports don’t always reflect reality. Using the same thorough techniques employed by CPAs and Charter Accountants, our certified experts will review, test, and evaluate your organization to determine its operational resiliency. To contact us to discuss our Audit Assessment Service, click here.
NRS Consulting
North River Solutions is a diversified consulting firm with a focus on operations and resiliency. Our team of ex-CEOs, Certified Practitioners, and Subject Matter Experts can provide you with the in-depth knowledge you need. Our experience includes hand-on management of multi-national organizations involved in:
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