We're thrilled to share that Corporate Connect's 'Impact Feature - Business Excellence Awards 2024' has honored us with the title of 'Cutting-edge AI Audit Solution - 2024'. This recognition celebrates our outstanding growth and unique contribution to the industry.
As the Head of the Digital Media team at NCS Softsolutions, I was thrilled to moderate the webinar "Gold Loan Auditing Unveiled: Navigating Today's Challenges and Strategies for Effective Navigation," which took place on June 13, 2024. We had industry experts who shared valuable insights on auditing, technology, and business management in the context of gold loans.
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As businesses continue to face complex challenges, the role of auditors has become increasingly vital in safeguarding the integrity, business, operations and accuracy of financial reporting. As such, auditors must keep up with the ever-changing industry trends to ensure they provide the best service possible to their clients.
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We are living in the world of things which are interconnected through internet. The onset of digitalization era has opened up a lot of opportunities for every one, especially, for business and enterprise. From Mobile banking, to online shopping, to reading news and books, everything is just one click away.
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In today interconnected business landscape, organizations increasingly rely on third-party vendors and partners to deliver products and services. While these partnerships offer numerous benefits, they also expose businesses to potential risks, including data breaches, regulatory violations, and reputational damage. Establishing a robust Third-Party Risk Management (TPRM) program is crucial to safeguarding your organization from these threats. In this blog, we’ll walk you through practical steps to create an effective TPRM program, ensuring a secure and resilient business ecosystem.
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Using Artificial Intelligence (AI) in Internal Audit can bring numerous benefits, enhancing the efficiency and effectiveness of the Audit process. AI technologies, such as machine learning and natural language processing, can be leveraged to perform various tasks and analyses that were traditionally conducted manually, saving time and resources while increasing accuracy. Here are some ways AI can be utilized in Internal Audit:
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Over the past decade, the world of industry has undergone significant changes in the field of risk management. With advancements in technology, changes in business practices, and increased global competition, effective risk management has become more critical than ever before. In this article, we will explore the evolution of the industry in the past decade in risk management and the challenges and opportunities that lie ahead. Here are some of the ways in which the landscape of risk management is changing and evolving.
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“The success of any organization is dependent on the strength of its risk management and internal audit processes. Together, they create a powerful foundation for success!” Third-party risk management has become increasingly important as organizations outsource more of their operations to external vendors, suppliers, and service providers. These third parties can introduce a range of risks, including cybersecurity, operational, financial, legal, and reputational risks. To manage these risks effectively, organizations need to implement a robust third-party risk management (TPRM) program. In this article, we will discuss TPRM and the role of internal audit in it.
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Our very first customer meet happened on November 21st, 2022, in Chennai on the occasion of 15 years of NCS Soft Solutions. It was for our South customers and with lots of planning in a short span we made it a great event. The event also marked the launch of our New Product eTHIC CAAM. The event started off with a prayer in the presence of Our Guest of Honor Mr. Nabankur Sen, Chairman Mr. Subramaniam N, CEO Mr. Shanmugavel P, COO Mr. Asir Roy Dinesh, CFO Mr. Padmanabhan and all our board & advisory members, valued customers, and team members.
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Financial Crime Risk Management Frauds, scams, financial crime have become so common, they are used almost everyday and happening around us constantly They fill pages in newspapers globally. It is also correct to mention that digital innovation has speeded up the financial crime multiple times and also innovation in carrying out the financial crimes. People are finding new ways to swindle information and money online, which thankfully, also leads to people finding new ways to protect themselves from such online scams.
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Understanding Web Application Security! The growth of internet and its development increases in a daily basis
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Why are Trainings Backbone of any Organization? Training is one of the pillars in any organisation…
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In an esteemed recognition of industry leaders, Corporate Connect, in collaboration with Business Connect India, has acknowledged NCS SoftSolutions for its significant accomplishments and pioneering innovations in Governance, Risk, and Compliance (GRC) and audit digitisation.
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It was fantastic day of celebration! Congratulations to all those who have successfully completed their Tech MBA program, and full cheer to all teams who participated in the NCS Cricket League 2024. It has been fulfilling to witness inspiring achievements in education and exhilarating moments on the field all in one day. Here's to many more milestones and victories ahead!
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As World Blood Donors Day is on 14th June 2024, We at NCS SoftSolutions Pvt Ltd had a Blood Donation Camp today at our office premises along with VHS (The Voluntary Health Services) to raise awareness and encourage voluntary, safe and unpaid blood donations.
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We're thrilled to share that Corporate Connect's 'Impact Feature - Business Excellence Awards 2024' has honored us with the title of 'Cutting-edge AI Audit Solution - 2024'. This recognition celebrates our outstanding growth and unique contribution to the industry.
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NCS Annual Business Meet 2024-2025! Our recent business meet has been a success. Amidst a dynamic atmosphere of collaboration and innovation, our team showcased unparalleled dedication and expertise, leading to achievements. Together, we have elevated our company to new heights and set the stage for even greater accomplishments ahead.
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We're thrilled to announce the completion of our TECH MBA programme! It's been an incredible journey filled with hard work, dedication, and growth.
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On the occasion of International Women's Day, we highlight the voices of our remarkable women associates to express their journey within the organization, reflecting on the supportive work environment.
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Here is to a new beginning! As we expand our office space and aim to take the company to new heights. Thank you for your continuous support.
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We are thrilled to share that Rangamani Associates Chartered Accountants Firm has placed a groundbreaking order.
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NCS Pongal Celebration 2024. Creating wonderful memories together as we celebrated Pongal with NCS family.
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Step into the Future of Auditing and get to know how Remote Continuous Audit is Revolutionizing the Field, by NCS SoftSolutions' Webinar “The Third Eye of The Future : Remote Continuous Audit”.Click the below button to play full video.
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Kindly find the links below *Note: Do use Google translator to read the articles in English.
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We're thrilled to announce that our onsite Customer Support Team associates have successfully completed their comprehensive 'on-the-job' in-house training.
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Our Chairman Mr. Subramaniam N giving a speech on "Digitalization in Audit function in Financial Services Industry", at IAIB National Conference 2023, Indonesia.
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Successfully done with our seminar on "Governance and Audit Role in Quality Improvement of P2P Lending Industry" today (11.07.2023), along with Exlayer and AFPI, at Jakarta, Indonesia.
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For prompt filing of returns and payment of Goods and Services Tax during the financial year 2022-23, thereby substantially contributing to building a strong and resilient nation.
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Are Auditors soft targets to blame for Corporate Failures? Learn more about auditors' role in corporate governance and their potential implications. Watch Now our Webinar on Corporate Failures - Are Auditors a Soft Target to Blame? By NCS SoftSolutions as top industry experts share their insights.
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The power of collaboration and innovation can bring about remarkable changes. We are proud to have implemented eTHIC CAAM in one of India's leading banks, and the results have been inspiring!
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NCS SoftSolutions Pvt Ltd at the 6th Insurance India Summit & Awards 2023 at Westin, Goregaon, Mumbai. Visit Us to know more.
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Video Link : Business Meet 2023 - 24
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As you all know we had a fun-filled Pongal celebration with Pooja, Pongal, music, and much more. We also had a Rangoli and Pot Painting Competition. Our hearty Congratulations go to all the winners and all the participants.
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NCS as Company of the Year 2020 CIO Magazine
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Our CEO Mr. Shanmugavel's and Mr. Baskar Rao, Chief General Manager of Audit and Inspection from Union bank of India, Hyderabad, at Audit Zonal Office Meeting.
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GITEX Gulf Information Technology Exhibition, NCS exhibits eTHIC in Dubai
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Foothold into cooperative world as we work with Saraswat Bank for digitalizing their Audit Universe
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Received Audit Automation order from J K Bank
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First Breakthrough in Small Banks NCS bags order from ESAF Bank
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