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Assurance, Attestation and Auditing
Shield Assets are certified in undertaking assurance / attestation review’s and audit’s of your organisations asset management capability. By determining the organisations current state, we can help your business governance strength, identifying the desired state through obtainable and tailored asset management solutions. We shape our service to enable businesses to gain a clear understanding of how their asset portfolio has clear and transparent connection to your stakeholders’ expectations. We help with compliance as a stage towards certification or simply alignment to ISO 5500x suite of standards.
Our expert team work closely with yours, taking on the heavy lifting to develop a thorough foundation for business to leverage effective asset management. We identify and catalogue what assets are important and drive your organisations success. Our proven process allows organisations to articulate their current state to their stakeholders and outline a strategic sustainable pathway to improvement.
Through our assurance and attestation review services, we identify potential risks, evaluating the effectiveness of existing controls, assessing compliance with industry standards and regulations. By highlighting these risks, we subsequently develop targeted mitigation strategies and improve performance using proven fit for purpose asset management strategies.
By partnering with Shield Assets, organisations can benefit from:
- Enhanced data accuracy and quality for reliable decision-making
- Improved compliance with industry standards and regulations
- Identification of underutilised assets and opportunities for optimisation
- Long-term cost analysis and resource planning
- Reduced risk of asset downtime or failure
Our Assurance and Attestation Review and Auditing services provide organisations with the tools and insights needed to articulate their current state, identify risks, and develop strategic plans for sustainable asset management
What Are the Benefits of Our Assurance, Attestation and Auditing?
1
Compliance and Risk Reduction
Compliance with industry standards and regulations is crucial for any business, and failure to comply can result in costly fines or penalties. Our Assurance and Governance Auditing services ensure that your asset inventory complies with all relevant regulations, reducing the risk of non-compliance.
In addition, we help you identify potential risks and develop a plan to mitigate them, protecting your business reputation and giving you peace of mind.
2
Cost Reduction
Identifying underutilised assets and reducing redundancy can help you cut costs and maximise the value of your assets. Our team can help you find ways to extend the lifespan of your assets and reduce the risk of downtime or failure, saving you money on repairs and replacements.
Optimising your asset management can ensure you get the most out of your assets and minimise unnecessary expenses.
3
Improved Efficiency
You can streamline your operations and reduce waste with an accurate asset register and life cycle optimisation plan.
This improves efficiency, saving you time and money in the long run. Our Assurance and Governance Auditing services help you identify opportunities for optimisation and develop a plan to implement them.
Asset Inventory, Register & Life Cycle Optimisation
All Shield Assets’ consultation, strategy and execution strive towards an ongoing approach to improving processes, products, and services.
We aim to enhance your activities that produce the most value by improving every process within a company.
About Us
We focus on growing and promoting our client’s internal capability to ensure that they can sustain optimal asset management processes long after we have completed our engagement.