Operational Risk Audit
Exposing Risks, Strengthening Controls, Enhancing Business Resilience!
At Elite Lodgit Limited, our Operational Risk Audit is designed to help organizations uncover hidden vulnerabilities, strengthen operational controls, and maintain compliance with industry and regulatory standards. We take a systematic approach to identifying and evaluating risks across business processes, workforce management, IT systems, and supply chains—providing leaders with the insights and tools they need to protect revenue, safeguard reputation, and drive resilient growth.
Process Mapping
Document workflows, policies, and procedures to identify critical activities where risks could disrupt performance.
Risk Identification
Highlight internal and external exposures, including compliance, fraud, IT, safety, and supply chain risks.
Risk Assessment & Prioritization
Analyze risks by likelihood and impact to focus on the most critical issues.
Control Evaluation
Review existing controls for effectiveness and benchmark them against industry and regulatory standards.
Gap Analysis
Detect weaknesses, inefficiencies, or missing controls in policies, reporting, or staffing.
Testing & Validation
Sample-check processes and transactions to confirm controls and systems work as intended.
Actionable Recommendations
Deliver cost-effective strategies with clear responsibility, resources, and timelines for risk owners.
Performance & Improvement Tracking
Use KPIs, dashboards and periodic evaluations to measure progress, refine strategies and strengthen resilience over time.