Our Services

Our Services

Our Services

Business Expansion Consultancy Partners S.C.is a Group of Independent Consultants with experience in Business Management with the capacity to cover any company requirement with a Process Alignment Perspective, Corporate Governance and Risk Management. In order to support Directors and Entrepreneurs in the Expansion of their Businesses.

RISK ASSESSMENT

Our firm can help all companies, regardless of their size or business line, to identify and minimize the risks that can negatively impact their operations and even the continuity of their business. In order to do so, we have developed our own methodology based on almost 30 years of professional experience identifying and evaluating risks, as well as assisting in the definition of a Risk Management Strategy to minimize their materialization and impact in the event that they occur.

At BExCPartners we have developed a Classification of Types of Risks that we group into 10 Families, 34 Sub-Families and more than 130 Risks that have impacted Companies. Based on this experience and methodology, we are able to perform a complete analysis (which we call 360 degree) for all processes, areas and functions of each company.

The result of our identification and analysis of risks throughout a company, results in a Dashboard called Risk Heat Map, with the key risks that may impact its operations and business continuity. This Dashboard includes the Probability of the Risks Materializing (actual occurrence) and the Level of Negative Impact on the Company when such risks occur.

All the Analysis and its Results allow Management, Owners or Board of Directors of the Company (as appropriate), the definition of a Strategy of Attention and Mitigation of the most relevant Risks to a reasonable Cost and Benefit/Protection balance of the Company.

MONEY LAUNDERING PREVENTION AND INVESTIGATION

Today, companies should not or may not be limited only to the knowledge of the Laws and Regulations that they must comply with in matters of Money Laundering Prevention (AML-Anti Money Laudering) or Terrorist Financing that are becoming increasingly strict. It is not enough to implement some controls and reports that partially cover the effective prevention of this risk, it is necessary to have the specialized support of investigations conducted by experts with adequate tools for this purpose.

Such specialization includes a detailed analysis of processes, controls, information systems involved in money laundering cases in companies. The failures that allowed or could allow money laundering actions within any company must be determined. A detailed understanding of the origin and destiny of the funds involved in the case must be achieved.

Clients, employees, related persons and even Publicly Exposed Persons involved in the case are identified through a link analysis. This requires access to the company's data and its operations in order to reconstruct all the elements that allow to delimit responsibilities, exercise legal actions or prevent the materialization of new cases of money laundering within the organization.

RISK MANAGEMENT SUPPORT TO ENTREPRENEURS

Creating a new company from the beginning brings with it many risks that can lead to its derailment and failure by failing to prevent and address them in a timely manner. Therefore, BExCPartners can help entrepreneurs to identify and minimize those risks in order to promote the success of the new business. We all know that the path for entrepreneurs is tough and that is why there are so few courageous people who walk it and only a few succeed. Complications are found from the Planning and Implementation of Business ideas, from having a complete Business Plan and the economic, material and human resources to put it into practice.

Given this complexity, BExCPartners can help to identify and anticipate those risks that negatively impact new businesses. Throughout this process, Entrepreneurs learn the practice of Risk Management with a strategic vision, but with a method that allows them to identify, assess and minimize risks in a systematic way. The result of the application of this Methodology, gives the Entrepreneurs a Risks´ Map that can result in the failure of their new companies and the mechanisms to address them in a timely manner. In order to effectively minimize risks, there are elements to implement controls that provide adequate protection at a reasonable cost as far as the cost/benefit balance is concerned.

FRAUD MANAGEMENT

As a result of the corporate scandals of recent years linked to corruption, many organizations have focused their attention on the risk of fraud and irregular conduct and are aware of the need to create measures for their timely and effective management.

At BExCPartners we support you in the evaluation and design of Fraud Management programs to prevent, detect and respond to these types of risks. We also support you in conducting specific investigations of fraud cases.

Effective fraud risk management provides organizations with the tools to manage risk in accordance with internal and external regulations, as well as with the specific needs of the organization and its environment.

MANAGEMENT AUDITS AND IT

Our professional services include different types of audits:

IT (Information Technology) audits. It is based on good practices and national and international standards, which are used to review and qualify the design, performance and compliance of the controls implemented in the IT environment. It allows for an objective and independent evaluation of processes, services, applications, infrastructure and information, identifying the main business risks related to IT, resulting from potential control weaknesses.

Management audits. They seek to measure the effectiveness or efficiency of the administrative, accounting and/or financial departments of our clients. We perform specific reviews at the request of management on customers, suppliers, treasury, warehouses, physical inventories, etc.

Audit of financial statements. It consists of the verification that the financial statements of the organization express the faithful image of the financial, patrimonial and economic situation according to the in force regulation.

Compliance audits. The legal requirements for auditing in certain circumstances represent a necessary regulatory requirement.

Control audits. The objective of these audits is to verify that the internal control systems established by the organization are complied with, thus reducing the risk of significant errors and irregularities.

Due diligence. We conduct complete or specific audits based on the financial statements for the purchase or sale of companies.

DESIGN AND EVALUATION OF COMPLIANCE AND ETHICS PROGRAMS

Do you have to implement a compliance program and do not know how? Has your company's reputation been put at risk by inappropriate actions of your employees? Do you want to reduce risk and improve your reputation? Do you have an ethics program, but it is not being effective? At BExCPartners we provide strategic consulting for the development of your Compliance and Ethics programs based on best practices and the proven methodology of our consulting firm. We also support you in evaluating and optimizing your current programs if they are not giving you the expected results.

Nowadays, organizations are more exposed to the risk of regulatory non-compliance due to a greater number of different regulations, which can affect them at a financial, operational and reputational level. Also, the ethical behavior of organizations and their employees has become very important because of the reputational implications due to the speed of propagation and outreach through social networks.