A very large Small Finance Institution (SFI), on the verge of becoming a bank, wanted to ensure compliance with guidelines for the regulating authority. Part of the strategy to ensure a successful transition was to focus on a more integrated workflow, bridging various audit teams located in geographically diverse regions. averQ partnered with the SFI to leverage existing apps within the averQ platform ensuring a successful implementation. The SFI faced multiple challenges with large groups of audit teams separated across regions operating in silos without standardized processes and procedures. The management team was not able to act on the risks across the different functions due to lack of insight.
“averQ converges quality and effectiveness in an end-to-end audit process to efficiently align the needs of multiple stakeholders”
Venkatesh Iyer
Former Executive Vice President & Chief Audit Officer
Fill out the form to the right to download this case study and read about how averQ Unified Transparency Apps were leveraged to promote close collaboration, standardize operations and provide insight into consolidated risks across all functions and regions.
A very large Small Finance Institution (SFI), on the verge of becoming a bank, wanted to ensure compliance with guidelines for the regulating authority. Part of the strategy to ensure a successful transition was to focus on a more integrated workflow, bridging various audit teams located in geographically diverse regions. averQ partnered with the SFI to leverage existing apps within the averQ platform ensuring a successful implementation. The SFI faced multiple challenges with large groups of audit teams separated across regions operating in silos without standardized processes and procedures. The management team was not able to act on the risks across the different functions due to lack of insight.
“averQ converges quality and effectiveness in an end-to-end audit process to efficiently align the needs of multiple stakeholders”
Venkatesh Iyer
Former Executive Vice President & Chief Audit Officer
Fill out the form below to download this case study and read about how averQ Unified Transparency Apps were leveraged to promote close collaboration, standardize operations and provide insight into consolidated risks across all functions and regions.