The Corporate Culture Pvt. Ltd.

CONSULTING SERVICES

CONSULTING SERVICES - RISK CONSULTANCY 🛡️

"Mitigate risks and strengthen governance with proactive risk management. Ensure business continuity, compliance, and resilience across all operational areas."

At TCC-India Consulting, our Risk Consultancy service transforms risk management from a compliance burden into a strategic driver of confidence and performance. We provide a holistic, end-to-end framework that integrates risk into every major business decision. By deploying advanced governance principles, utilizing data from your core systems (SAP, Oracle, Microsoft Dynamics 365, Tally, Busy), and fostering a culture of integrity, we ensure your business not only survives disruptions but thrives through strategic resilience.

100%

Compliance Focus

Trusted

Audit Frameworks

About Our Services

WHAT IS RISK CONSULTANCY?

Risk Consultancy is the specialized practice of providing objective advice and implementation support to help organizations identify, assess, prioritize, and manage all forms of risk that threaten their strategic, financial, and operational objectives.

Our service focuses on creating a systematic, enterprise-wide approach that ensures risk is governed, controlled, and continuously monitored across the three primary domains:

Domain	Core Focus	Key Outcome
Governance, Risk & Compliance (GRC)	Establishing the oversight structure, compliance framework, and automated controls.	Integrated assurance and avoidance of regulatory penalties.
Operational & Strategic Risk	Managing the risks associated with daily operations, supply chain, and major strategic initiatives.	Resilience to external shocks (e.g., BCP/DR) and protection of long-term strategy.
Integrity & Financial Risk	Preventing and detecting fraud, financial misconduct, and control weaknesses.	Asset security and verifiable integrity of financial reporting.

Our Expertise

OUR SERVICES – RISK CONSULTANCY

TCC-India offers a focused suite of services designed to deliver proactive risk mitigation and instill confidence across all business layers:

Enterprise Risk Management (ERM) Frameworks

Designing and implementing customized, strategic frameworks that align risk appetite with business strategy (COSO/ISO 31000).

Governance, Risk & Compliance (GRC) Implementation

Selecting, deploying, and optimizing GRC technology (SAP GRC, Oracle GRC, Microsoft Dynamics 365) to automate control monitoring and enforce Segregation of Duties (SoD).

Business Continuity Planning (BCP) & Disaster Recovery (DR)

Developing, documenting, and rigorously testing recovery plans to ensure critical operations and data integrity are maintained during disruptions.

Fraud Risk & Internal Control Advisory

Conducting comprehensive fraud risk assessments, designing preventative controls, and providing forensic data analytics to detect misconduct.

Internal Audit Transformation

Redefining the Internal Audit function to be risk-focused and technology-enabled (Continuous Auditing) for higher impact assurance.

Benefits of RISK CONSULTANCY

Strategic Risk Consultancy provides measurable benefits that enhance operational integrity and financial resilience.

Value Protection & Loss Prevention

Proactive controls and fraud detection significantly reduce financial losses from internal misconduct, errors, and external threats.

Enhanced Regulatory Confidence

Demonstrating a robust, Board-mandated GRC framework minimizes legal exposure and builds trust with regulators and statutory bodies.

Optimized Capital Efficiency

Accurate risk quantification prevents over-reserving and allows for strategic capital allocation toward growth, rather than unnecessary protection.

Guaranteed Business Resilience

Tested BCP/DR plans ensure that critical operations, especially those run on integrated ERPs, can quickly recover from any major disruption.

Improved Internal Audit Impact

The Internal Audit function shifts from transactional checking to providing strategic, risk-based assurance on the most critical threats to the business.

Detailed Features – RISK CONSULTANCY

Our execution is highly technical and focused on embedding controls directly into your technology platforms for maximum security and efficiency.

Technology-Enabled GRC Automation

Implementing automated controls and Digital Control Monitoring (DCM) within transactional systems (SAP, Oracle, Dynamics 365) to test compliance and flag control breaches in real-time.

Segregation of Duties (SoD) Enforcement

Utilizing specialized GRC tools to model, test, and enforce SoD policies across all system roles, preventing high-risk conflict combinations that lead to fraud.

Quantitative BCP/DR Metrics

Conducting detailed Business Impact Analysis (BIA) to define and meet specific, measurable Recovery Time Objectives (RTO) and Recovery Point Objectives (RPO) for critical systems (e.g., ensuring Tally/Busy financial data is backed up every 15 minutes).

Forensic Data Analytics (FDA)

Applying machine learning and statistical analysis to large transaction sets to proactively identify patterns and anomalies indicative of fraud or collusion across systems.

Regulatory Compliance Mapping

Creating a comprehensive library of all applicable Indian statutory, tax, and labor compliance obligations, linking them to specific internal controls, and automating the monitoring process for continuous assurance.

Risk Appetite Integration

Formalizing the organizational risk appetite (defined by the Board) and translating it into measurable Key Risk Indicators (KRIs) that are tracked via Executive Dashboards.

CHALLENGES WITH SOLUTIONS

We provide proven solutions to the typical organizational and technical hurdles that hinder effective risk management:

Risk Management is Siloed

Integrated GRC Platform Deployment: Implementing a single GRC system (integrated with SAP/Oracle/Dynamics 365) that mandates centralized risk ownership and reporting across all functional areas.

High Cost of Manual Compliance

Automation of Controls & Monitoring: Utilizing GRC technology to automate the continuous testing of controls, eliminating the redundant manual effort associated with recurring audits.

Lack of Data for Risk Quantification

KRI Automation & System Integration: Automating the feed of Key Risk Indicators (KRIs) from transactional systems (Tally, Busy, ERPs) directly into the ERM framework, moving risk assessment from qualitative opinion to quantitative fact.

The Belief That "It Won't Happen Here"

Tone-at-the-Top & Culture Programs: Facilitating Board-level workshops and targeted training to establish a formal "Tone-at-the-Top" and ensure all management understands their accountability in fraud prevention and control ownership.

Untested Continuity Plans

Mandatory & Realistic BCP/DR Testing: Establishing a scheduled, annual testing regime (including full system failover simulations) managed by us, with results reported to the Executive team to enforce plan validation and readiness.

RISK CONSULTANCY