Consulting Services

WeDo Technologies has a proven track record in the deployment of Business Assurance projects with over 100 customers across the globe. WeDo Technologies’ Business Assurance offer was built to deliver end-to-end assurance and to meet client’s requirements for continuous automated controls. During the deployment of RAID software in different environments, WeDo Technologies has been able to gain extensive experience that significantly contributes to speeding up deployment timeframes whilst minimizing project risks. WeDo Technologies excels at: • Accomplishing the business processes logic for every system; • Importing and validating complex data, from multiple systems and in different types and formats; • Processing complete sets of data – a sampling approach is not enough; • Retrieving data in a non-intrusive manner, thereby not impacting operational system performance; • Experimenting with available strategies for successful results: maximum flexibility; • Delivering fast analysis to maximize control. RAID empowers the Business Assurance Team to closely monitor and control the business processes. During the assessment project a series of processes and sub-processes along the revenue-chain will be observed and investigated, in order to identify the areas with a stronger revenue leakage potential.
		The Business Assurance domains or areas for leakage and risk assessment will be: • Revenue Assurance – covers all the areas related to accidental revenue leakage across the business – ranging from customer acquisition and purchasing through to payment and debt collection. • Fraud Management – encompassing all types of deliberate loss, whether criminal or not. Fraud covers product and services offered; abuse of internal procedures; and theft of assets and information • Margin Assurance – reducing operational and capital costs across the enterprise and maximising margins on products and services. • Operations Assurance – increasing business efficiency and reducing operational and regulatory risk
WeDo will consider as a starting point for the assessment preparation a generic retail value chain:

And five groups of business processes: Finance, Buying, Supply Chain, Marketing and Sales. The End to end control assessment will include both process and systems perspectives:

The results of the revenue and cost cycle assessment will be categorized by metrics like for instance: lost revenue, undue costs and revenues at risk.