SOP – Standard Operating Procedures

In support of financial management foundation and improvement, we can assist entities with strategic planning and governance support through:

• the development and institutionalisation of various financial management Policies, Practices and Standard Operating Procedures and implementation plans. This can range from revenue management (e.g. property rates/tariffs, allocations, credit control and debt collection), expenditure management (e.g. SCM, procurement, delegations), asset management and other financial management processes (governance and legal compliance, e.g. MFMA, PFMA, GRAP).
• Gap analysis and risk assessment of current processes and procedures
• Compilation of illustrative walk-through files and flow-diagrams
• Capacity building and workshop of Standard Operating Procedures and policies. This focus range from facilitation those who approve it (e.g. Council / Board), those who implement it (e.g. staff and/or agents) and those to who it applies (e.g. communities/role players) and those who exercise oversight (e.g. internal audit).

This include support with:

• Compliance (GRAP such as AFS preparation)
• Asset Management (register compilations, asset verifications, condition assessments, valuations)
• Performance Management
• Supply chain management
• Risk Management
• Committees: Council; Audit; Risk; MPAC
• Revenue Enhancement
• Debt Management Improvement
• Expenditure Management Improvement

Should you wish to find out how we can be of service, contact us for a discussion and quote for your specific requirements.