Mastering quality, risk and compliance challenges
Effective risk management isn’t just about compliance – it also eliminates issues, ensures quality control and puts organisations firmly in control of their circumstances.
Risks and issues can’t be considered merely as possibilities in today’s business environment. The days of “do first; mitigate risk and issues after” are long gone as the size of operations, and the level of harm that may occur, means risks will impact every business at some point.
Some examples of “when, not if” risks include: transportation accidents; food or medicine quality issues; and climate, financial and global economic crisis.
Anticipating threats before they happen requires a structured and analytical approach. The cost of quality controls, regulatory audits and fines - plus the severity of any damages, both reputational and financial - are higher than ever and need to be mitigated upfront.
Regulators are always seeking to further limit risks and imposing further controls with stricter and more complex regulations. To protect their reputations and assets for the long run, companies must be able to meet and exceed the high level of quality expected from regulators.
Prevention is better than cure and poor quality is no longer an option. Proactive risk management makes inarguable business sense but needs to be done in an efficient way, avoiding never-ending improvement projects or inaccurate solutions. Quality by design is now the essential approach for companies.
Our approach to risk management
Avertim’s tried and trusted principles help our clients achieve high levels of quality control and compliance, while staying focused on future profitability.
- Big picture overview: control and audit processes can get disorderly when divided across departments, entities, countries and legislations. A central thinking lab offers oversight, keeping goals linked to the company’s strengths to guarantee an efficient approach.
- Get on the inside track to stay ahead of regulations and businesses changes. Become a part of “regulatory – compliance – quality” intercompany “think tanks”.
- No deadline panics. Steady and early preparation is vital across every sector to ensure compliance.
- Continuous improvement and operational excellence is applied to across the board to all departments to ensure regulatory and quality expectations.
- As regulators’ actions can be unforeseen, a budget for monitoring and provisions to cope are optimized and embedded into every single projects’ approach.
- Understanding and implementing new technologies and systems is key for ongoing sustainable risk management.
By identifying and eliminating potential issues, Avertim’s approach enables our clients to make strategic and future-focused decisions, making organisations more resilient and competitive.
How Avertim can help you
For more than 15 years we have worked with clients to anticipate and manage their quality, risk and compliance challenges.
Avertim has delivered internal and external audits, managed supervisory authorities’ inspections, followed and assessed suppliers all over Europe, and analysed and anticipated trends caused by new regulations.
Our expertise allows our clients to be secure in their compliance readiness so they can focus on the development of their core business. Thanks to our deep knowledge of clients’ businesses and regulatory obligations, we can assist our clients in their diagnosis, target operating model outline definition, and roadmap implementation.
Avertim outlines key upstream issues to strengthen risk management frameworks, using data and technological choices as decisive foundation layers. We look for opportunities to eliminate issues and to identify potential improvements, putting our clients firmly in control of their circumstances.
We believe risk management and quality control are embedded in the pursuit of added value creation. Avertim works with clients to ensure a sustainable future, supported by optimized compliance and risk management.
60+
Active Clients
13%
Growth in 2022
300+
Projects in Sector
Our directors will be happy to answer your questions
You are in the Banking & Insurance sector ? Reach out to Louis de Verdelon.
louis.deverdelon@avertim.fr
