SMEs (or Small and Medium Enterprises), otherwise called SMBs (or Small and Medium-sized Businesses) are those companies, enterprises or businesses in which the total quantity of the workforce fall below certain set limit. The overall number of Small enterprises exceeds large companies by a huge margin and the fact that it also employs more people than large multi-national companies makes SME responsible for propelling innovation, technical knowledge and competition in a wide range of economic spectrum. They undoubtedly play a pivotal role in trade and economy of a nation both quantitavely and qualitatively. Regionalio Press Release The above mentioned reasons makes the review, audit and analysis of the working, personnel information, accounts and other legal aspects of these enterprises absolutely necessary and unavoidable .If this was not the case due to the nature of cut throat competition in the field of SMEs, lawsuits and other legalities may follow if the analysis at the right time were ignored. Hence the extreme need for systems for data verification and auditing.jh Thus the enterprises are compelled to hire or recruit separate sets of auditors for carrying out the tedious manual analysis work. Basically these works could be broadly categorized into the following fields: * Maintain and manage relationships * Conducting investigations * Tax accounting and settling claims * Conducting research and Financial analysis * Identify and rectify the loop holes in the enterprise's framework of laws * Be accountable for the results they have produced or analyzed * Conduct auditing programs like tax administration
But owing to the nature of the intricacies in the work involved as well as need of expertise throughout the assessment process, often the SMEs fail to find the right auditors. This is where the expert systems of REGIONALIO come to the rescue. REGIONALIO not only accepts outsourcing of SME analysis but also can work with the enterprise regarding other business fields like stocks, shareholdings and asset management.
started by sedeljak on 02 Sep 14
The above mentioned reasons makes the review, audit and analysis of the working, personnel information, accounts and other legal aspects of these enterprises absolutely necessary and unavoidable .If this was not the case due to the nature of cut throat competition in the field of SMEs, lawsuits and other legalities may follow if the analysis at the right time were ignored. Hence the extreme need for systems for data verification and auditing.jh Thus the enterprises are compelled to hire or recruit separate sets of auditors for carrying out the tedious manual analysis work. Basically these works could be broadly categorized into the following fields:
* Maintain and manage relationships
* Conducting investigations
* Tax accounting and settling claims
* Conducting research and Financial analysis
* Identify and rectify the loop holes in the enterprise's framework of laws
* Be accountable for the results they have produced or analyzed
* Conduct auditing programs like tax administration
But owing to the nature of the intricacies in the work involved as well as need of expertise throughout the assessment process, often the SMEs fail to find the right auditors. This is where the expert systems of REGIONALIO come to the rescue. REGIONALIO not only accepts outsourcing of SME analysis but also can work with the enterprise regarding other business fields like stocks, shareholdings and asset management.