Procure to pay
Requisition, order, receipt, payment.
All internal audit & controls services
Internal Audit & Controls
Process Implementation
FinAura puts new finance processes in place and stays until they run: purchase requisitions and orders, billing triggers, collection follow-ups, expense claims or the month-end close. We design the process with your team, set it up in your software, run it alongside them for the first cycles and hand over once it works without us.
- Chartered Accountant-led
- Bangalore and across India
- Reply within one business day
What is covered
What Process Implementation Covers
Designed, set up, run, handed over.
Order to cash
Order, invoice, collection.
Expenses
Claims and approvals.
Close
Month-end calendar.
Systems
Set up in your software.
Hand-holding
First cycles run together.
How the month runs
How It Works
Design, configure, run, hand over.
Step 1
Design
- Current flow
- Future flow
- Controls
Step 2
Configure
- Software set-up
- Templates
- Roles
Step 3
Run
- First cycles together
- Issues fixed
- Adjusted
Step 4
Hand over
- Team runs it
- SOP and checklist
- Check-in
Your part
What We Need From You
- 01The process you want to change
- 02Team members who run it
- 03System access
- 04A sponsor to make decisions
Our part
What You Get
- A process that runs in practice
- Software set up to support it
- A trained team
- Documentation for new joiners
A common question
Why do new processes fail after the consultant leaves?
Because the process was designed on paper, the software was not set up for it, and the team never ran it with support.
Running the first cycles together surfaces the real problems while help is still there, so the process survives contact with daily work.
See accounts payableRunningHanded over
Set-upIn your systems
DesignWith your team
Who it is for
Who It Is For
Companies changing systems
New software, new process.
Businesses with leakage
Unbilled sales, duplicate payments.
Teams after an audit
Findings to fix.
Growing companies
Processes outgrown.
The rules, in plain English
What the Law Says
Companies Act, 2013
Section 138
Classes of companies set out in the rules appoint an internal auditor, who may be a chartered accountant or another professional the board decides, to conduct an internal audit of the company's functions and activities.
Official source: mca.gov.inCompanies Act, 2013
Sections 134(5) and 143(3)
Directors report on internal financial controls, and the statutory auditor reports on whether the company has adequate controls that operate effectively, with exemptions for some smaller companies.
Official source: mca.gov.inCompanies (Auditor's Report) Order, 2020
Inventory and fixed assets
The statutory auditor reports whether physical verification of inventory and property, plant and equipment was done at reasonable intervals and whether discrepancies were dealt with.
Official source: mca.gov.inThis is general information, not advice for your situation; we confirm what applies to you before any work starts.
Questions we get asked
Process Implementation: Questions, Answered
How long does a process implementation take?
It depends on the process; most run for a few monthly cycles until the team runs it without help.
Do we need new software?
Usually not. Most processes can be set up in Zoho Books, Tally Prime or your existing tools.
Who owns the process afterwards?
A named person in your team, with the SOP and checklist we leave behind.
Can you implement more than one process at once?
Yes, though we usually sequence them so the team is not overloaded.
Often Taken Together
All 12 Internal Audit & Controls services01Internal Audit & ControlsSOP ImplementationStandard operating procedures written with the people who do the work, rolled out, trained and checked.02Internal Audit & ControlsInternal Controls DesignApproval limits, segregation of duties, reconciliations and reviews designed for your size, not copied from a textbook.03Accounting & FinanceFinance OperationsReconciliations, payables, receivables and a predictable month-end close.04Systems & ControlsSoftware & AutomationZoho Books, Tally Prime and HRMS implementation, migration and automation.