Internal Audit - Savage & Palmer - Enabling Entrepreneurs

internal audit

Keeping a detailed check of all your books is often challenging.

Evaluate your company’s internal controls, accounting processes and corporate governance with us!

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Identifying Gaps and Reviewing SOPs

Gaps and problem areas in your accounts could be a major cause for revenue leakage, create inefficiencies or even lead to incorrect filings which could affect your business.

We conduct our internal audits with a team of highly trained experts with the goal of discovering gaps in the operations, policies, and procedures of your accounts and finance department and advise corrective measures & effective techniques for improved control of financial systems.

An Unbiased Review

Getting an unbiased and outside check up of your accounts is key to keeping all your books on track and that’s what our team of specialists is for!

Handover your books to us and we will ensure that we thoroughly check them, find gaps and help you resolve them.

Observational Reports

Our team of experts share a tailor made observation report that helps you understand the health of your accounts and problem areas that need solving.

client testimonials
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When we started working with Savage & Palmer, we appointed a 1 man team; however, as we've grown, they have seamlessly scaled up with us to a team of 8 in Accounts and Finance. They've taken full ownership & reduced our task of hiring, training, induction, employee engagement, and retention for the Accounts team. Their highly professional team has streamlined the entire accounts process for us.

Mohit Jain

Head E-Commerce, MCaffeine

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My expertise lies in growing my business & networking. Finance & compliance is not my cup of tea. This is where Savage & Palmer has been of great help. Their experts have advised me on valuation, investment & incorporation of entities in India and overseas. Their regular MIS reports help me have a clear picture of my books of accounts, and this has helped me grow exponentially

Vikesh Shah

Co-Founder, 99 Pancakes

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It was a pleasure working with Savage & Palmer for Sweetish House Mafia’s support functions. The team of young professionals is very prompt in responding to my queries and has a hands
on approach.

Akash Sethi

Partner, Sweetish House Mafia

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Being one of the first clients who signed on with Savage & Palmer, we are so proud to be part of this family. The entire team of Savage & Palmer has been extremely helpful, attentive and responsive at all times. We have stopped worrying about streamlining our accounts because they have taken it over so seamlessly from us. From the initial months to now, their level of involvement has remained the same.

Jankee Desai

Partner, FancyPants

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client testimonials

case studies

Bring the experts onboard
to help you grow your business.

Give us your details below and we’ll give you a call to discuss further

FAQ

I don’t know what I need and don’t need for marketing. Can you guide me?

Depending on whether you want only brand awareness or only lead generation or both, we help you out with a package of a combination
of either SEO or Paid ads or both.

 

How are we better than CA firms ?

a. We don’t have a very traditional approach and are customer centric
b. CA firms are more focused on tax filings and audit hence not really focused on maintaining your books and data entry
c. We share reports with our clients on a timely basis

 

Do I need software if I have less than 10 employees?

A stitch in time saves nine! Today you must have only 10 employees and don’t really face any issues with your Payroll. But tomorrow, when you grow, you will have 40 employees! You can’t be expected to start compliances when the water goes above the head! Start early and maintain your payroll strategically where we can also guide you on what compliances are needed to be maintained so you don’t waste your time there!

What about Data Secrecy? Will my data be leaked?

Of Course not. We have been working 500 clients to help them in the same.

 

How do we know that the candidates are the best?

We have a self developed database of candidates that we have pre-determined ourselves. Once we understand your requirement we then map the right candidates to you.

How do I know what I need for Marketing? How will It help my company?

Depending on whether you want only brand awareness or only lead generation or both, we help you out with a package of a combination of either SEO or Paid ads or both

 

How soon will I see the results?

Ideally marketing is a long term activity – while it is equally important for us to ensure that you see results as soon as possible. Being constant and continuing your marketing activities regularly helps your brand get bigger over a longer period.

At the end of it all we are both here for the long term haul!

 

Will you help me with the budget? I dont know how much I must spend?

Yes we can help you out after understanding the outcome that you are looking for since its result oriented so understanding the avg ticket size and the revenue you are looking to earn, so how much you should spend is something we help you out with.

 

How do I take this forward?

Before starting with you, we will first do a thorough competitive analysis as well and also study the strategy that works for your company. Based on this and your asd budget, we will give you a detailed strategy to show if this could work for you!

At the end of the day, our interest lies in making your company grow while being honest and transparent with you!

How are we better than CA firms ?

a. We don’t have a very traditional approach and are customer centric

b. CA firms are more focused on tax filings and audit hence not really focused on maintaining your books and data entry

c. We share reports with our clients on a timely basis

 

How are we better than In house teams ?

a. With us you get trained manpower since we have the expertise in hiring the right accountant

b. We Manage and retain the accountant since he/she is our employee

c. Less Accuracy Issues in the books of accounts

d. Easy Coordination with our CA to share the tax calculations which can invariably save the tax penalties

e. You are dependant on a company not on a person

 

How do you track my company’s compliances?

We have a recurring checklist that allows us to track all compliances applicable to you and ensure that our team is filing your compliances on time. We also ensure that we send updates to you fortnightly on what compliances are pending.

Do you guarantee a certain % of collection per month?

No. Since this a more process driven service we are applying the same matrix of follow up that we have seen is successful in the market. There are also a lot of external factors that affect collections hence we do not take any liability for % collected. However, this will boost your collections.

 

What about Data Secrecy? Will my data be leaked?

Of Course not we have been working 250 clients to help them in the same.

 

What value will I see?

Instead of having to set up a team to collect your money you have direct access to our team as well as our processes.

 

What’s the frequency of the FUP done by your team?

There will be a predefined frequency based on your data – this also depends on the credit period etc that you have with your clients.

How does the process work?

a. Once the agreement is signed, we will have a team allocated to your account and requirement

b. They will then look for the relevant resource based on your JD shared – I have already seen the same since you have posted it online

c. We will do an initial round of interviews with the relevant candidates and ONLY then will we send the relevant candidates to you

d. Once you have selected the candidate he will then join and start working with you! Simple

 

How do we know that the candidates are the best?

We have a self developed database of candidates that we have pre-determined ourselves. Once we understand your requirement we then map the right candidates to you.

 

How do I know that you are experienced as a company?

We’ve been operating for the past 7 years and we’ve helped over a thousand businesses grow. Our client testimonials can help you become more certain on the same.

Do I need software if I have less than 10 employees?

A stitch in time saves nine! Today you must have only 10 employees and don’t really face any issues with your Payroll. But tomorrow, when you grow, you will have 40 employees! You can’t be expected to start compliances when the water goes above the head! Start early and maintain your payroll strategically where we can also guide you on what compliances are needed to be maintained so you don’t waste your time there!

 

Will you help me with the timestamps as to when my employees have entered their workplace?

Our payroll software helps you track your employees through a timestamp and also has a feature of geotagging so that your employees punch in through the app. It is also compatible with a Biometrics system

 

Can you help me with all my payroll compliances?

Yes! We have a “Full Service Model” where an Account Manager is dedicated to your company who will ensure end to end payroll processing. This would also include tracing the various employee benefits, workmen’s compensation, and the filing of PF and ESIC.

 

Can you help me with offer letters and recruitment?

We do not handle the administrative activities of an HR like framing offer letters and conducting interviews. However, we do have templates that come with the software that can give you a general idea of how it is to be framed.

other services

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Let’s be honest here – Accounts & Taxes are a pain to deal with. That is why we have designed our expert accounting and taxation solutions in a way that takes away your stress and gives you back your sleepless nights!

Digital Marketing

Running a business during this time without leveraging Digital Marketing is like running a race bare footed. Unleash the true potential of your business with our complete package of digital marketing solutions made specially for your business.

Debtor Collection

Tired of chasing clients for payments? That’s why experts like us exist – to get your money faster. Say goodbye to awkward followups and say hello to faster collections!

Recruitment

It is hard to find the perfect partner for your internal audits. How about a team of brilliant CA’s that conduct an internal audit so thoroughly that you can always relax and focus on your business!