Greatness through truth

we believe that integrity and loyalty are the essential ingredients to success regardless of the industry our client operates in, at walto whistles we guarantee that your successful business remains a reliable one.

But why do I need walto whistles?

The complex nature of business operations, high volume of transactions, limited integration of data across organizations and obsolete internal controls results in traditional routes such as internal audit or reviews being unable to raise the required red flags, that employees working within the organization are aware of.

The quality of our services are not measured by its inputs, but the benefit it entails our client instead.

We believe in providing services of value, that enable the management to have a detailed understanding of the issues at hand, whilst expediting the overall decision making process.

FRAUD DUE DILIGENCE

We provide our clients with elaborate background checks, requisite market surveys including vendor due diligence. Additionally we provide third-party and employee audits as well.

FRAUD AND MISCONDUCT INVESTIGATION

Our team consists of specialists that are well versed with a range investigative and reporting techniques that enable us to offer an extensive and exhaustive list of services that are catered specifically to suit every conceivable area of risk.

EARLY WARNING AND ANTI FRAUD FRAMEWORK

Our unique algorithmic reviews provide for easy identification of threats. We conduct detailed vulnerability assessments that help identify areas of potential fraud and strengthen them with commensurate anti-fraud policies.

ANTI-BRIBERY AND ANTI- CORRUPTION

We conduct investigations and target forensics of suspected cases of bribery or corruption as and when requested with an end-to-end defence mechanism and conclusive evidence.

FORENSICS TECHNOLOGY

Our services entail multi-faceted Data and network analysis tools to enable a detailed inquiry to take place if required.

Numbers don't lie, sadly people do.

We acknowledge that being a whistleblower in India, is not without its challenges, however the numbers from around the world paint a promising picture.

43 %

Of schemes were detected by tips, and half of those tips came from employees

13 %

Increase over the last decade for use of targeted anti- fraud controls, training employees and managers for quicker detection of fraud

35 %

Increase in frauds contributed by manipulation of internal controls, where a detailed whistleblower policy and system was absent or ineffectively implemented

56 %

Of tips were gathered due to the existence of formal reporting mechanisms

At Walto Whistles, we help you adapt to changing times whilst adhering to your unchanged principles.

add value to existing client operations.-(To be edited)

Employee Protection

Taking the stress out of a high-risk process, Full protection of the identity of a whistle-blower who chooses to remain anonymous.
Disclosures, interviews, case evidence and timelines are consolidated in one place.

Insightful Analytics

Disclosure Dashboards with built-in analytics for summaries, progress tracking and updates.
Analytics on the risk profile of our client's organization based on its report patterns in comparison to industry trends.

Effective Timelines

Our mechanism allows for detailed reviews and discussion over investigative and audit reports at any point in time.
We condense what is often in-depth data to provide you with actionable insights enabling prioritisation and remedy in a controlled timeline.

Complete Governance

Our clients experience a seamless process implementation right from the structuring of the framework, to its subsequent implementation.

Numbers that prove we listen to the tune of every whistle

35
Clients

10
Years of experience

300k
Whistle-blower letters

47
Value Investigated

LEARN MORE

Numbers that prove we listen to the tune of every whistle.

These tips can really help you build up quite a sizeable Iphone movie collection, but only if you are smart.

Clients

Years of experience

300k

Whistle-blower letters

Value investigated

At Walto Whistles, we believe that integrity is telling ourselves the truth, and honesty is telling the truth to other people.

Procure to Pay Process Review

Customer :

A Mining Company in the African continent.

Business Requirement :

Review and examine the Procure to Pay environment of the Entity, Identify potential fraud vulnerabilities through an effective analysis, internal audit and evaluation process, Recommend Control design enhancements in SAP framework, Recommend relevant and commensurate inclusions of automated controls in SAP.

Identified Process Challenges :

Process gaps and control design challenges were noticed in the following areas of P2P environment of the entity:

Vendor Empanelment, Master Data Maintenance, Quote to Award – Sourcing Process, Purchase Orders and contracts, Receipt Certifications – Quantity and Quality, Supplier Invoicing and Payment Processing .

Approach and Solution Design :

A step by step approach was adopted for the various process challenges observed and the following were delivered to the stakeholders involved in the respective processes:

End to End Internal Audit report indicating the root cause of the issue, Impact, Possible recommendations for way forward, High Level Executive Summary, Modifications to DOA, KPI Linked Reporting dashboards, Possible SOD conflicts, Vulnerability Assessment.

Business Benefit and Result :

Procurement Value Optimization, Operational Efficiency and Process Excellence, Process Dashboards by recommending necessary parameters, A detailed Procurement manual adopting the current and best practices across industries.

CFO Office Services

Customer :

A Leading Manufacturer of Coffee Products across the Globe.

Business Requirement :

The key objectives of this engagement would be to provide a CFO office and manage the entire function of CFO in the organization.

Conducting Finance Operations efficiently and effectively.

Managing the assets of the organization by minimizing risks and getting the books right.

Handling the company’s overall direction.

Strategic Business Analyst.

Cash and Working Capital Management.

Cost Containment and Expense Management.

Identified Process Challenges :

Difficulty in Keeping Internal Controls Lean and Balanced.

Unable to Generate more insights from less data.

Less role of finance function across the organization.

Difficulty in Producing accurate and timely financial reports.

Approach and Solution Design :

Process area wise risk register was developed, and Gaps were identified across the locations and best practices were recommended to be put in place.

Identified the flow of data across software and interfaces and developed a framework of reporting MIS to Top and Middle Management.

Expanded the influence of finance function by enabling periodical process review with operations team.

Reviewed the information systems and processes and enabled financial transaction process optimization.

Business Benefit and Result :

Integrated Performance Management.

Financial Closure and reporting optimization.

Balanced and Lean Internal Control Environment.

RACM Development and ICFR Review

Customer :

A Leading Manufacturer of Coffee Products across the Globe.

Business Requirement :

The key objectives of this engagement would be to build an entity level Risk and Control Matrix (RACM) for the organization and testing of the Internal Control Framework for the financial year.

Develop Risk and Control Matrix across business operations and processes, ‘As Is’ Business Process Documentation, Identify Risks and Map Risks to Business Processes, Develop Control Design Documentation and Evaluation, Identify Operating effectiveness evaluation, Reporting of deficiencies and recommend ‘Should be’ Business Processes.

Identified Process Challenges :

Understanding of the various data sources in the organization, Unique scenario of handling inventory and fixed assets at customer location, Difficulty in tracking of Spares across the layers of operations, Difficulty in tracking of after sales services and replacement of machines, No periodic review of master data, Multiple quotations not obtained prior to raising of PO / procurement of materials / services, Non-renewal of expired agreements with the customers.

Approach and Solution Design :

Conducted Business Process Understanding activity and identified the flow of data across software and interfaces, Review of stock in hand & asset at customer locations to be done periodically to ensure excess / short materials & assets as compared to our registers, Periodic review, user confirmation & verification of spare parts available at technical centers / Branch needs to be in place, Visit needs to be categorized in software and billing of the same needs to be monitored by Service and finance department. Replacement of machines needs to be approved by Sales, Service, and finance department and same needs to be captured in Software, Key data fields to made mandatory at time of creation / up-dation of masters. Masters to be reviewed on a quarterly basis for correctness and completeness, All procurements should be backed by valid multiple quotes for requisite materials. If not, justification note should be in place, Agreement tracker with alerts to be maintained to keep track of agreements nearing expiry and actioned upon.

Business Benefit and Result :

Orderly and efficient conduct of business, including adherence to company’s policies and safeguarding of its assets, Helps in the prevention and detection of frauds and errors, the accuracy and completeness of the accounting records, and the timely preparation of reliable financial information.

Greatness through truth

But why do I need walto whistles?

The quality of our services are not measured by its inputs, but the benefit it entails our client instead.

FRAUD AND MISCONDUCT INVESTIGATION

FORENSICS TECHNOLOGY

Numbers don't lie, sadly people do.

At Walto Whistles, we help you adapt to changing times whilst adhering to your unchanged principles.

Employee Protection

Insightful Analytics

Effective Timelines

Complete Governance

Numbers that prove we listen to the tune of every whistle

35
Clients

10
Years of experience

300k
Whistle-blower letters

47
Value Investigated

Numbers that prove we listen to the tune of every whistle.

Clients

Years of experience

Whistle-blower letters

Value investigated

At Walto Whistles, we believe that integrity is telling ourselves the truth, and honesty is telling the truth to other people.

CHENNAI, TN

BANGALORE, KA

HYDERABAD, TS

Customer :

Business Requirement :

Identified Process Challenges :

Approach and Solution Design :

Business Benefit and Result :

Customer :

Business Requirement :

Identified Process Challenges :

Approach and Solution Design :

Business Benefit and Result :

Customer :

Business Requirement :

Identified Process Challenges :

Approach and Solution Design :

Business Benefit and Result :

Greatness through truth

But why do I need walto whistles?

The quality of our services are not measured by its inputs, but the benefit it entails our client instead.

FRAUD AND MISCONDUCT INVESTIGATION

FORENSICS TECHNOLOGY

Numbers don't lie, sadly people do.

At Walto Whistles, we help you adapt to changing times whilst adhering to your unchanged principles.

Employee Protection

Insightful Analytics

Effective Timelines

Complete Governance

Numbers that prove we listen to the tune of every whistle

35Clients

10Years of experience

300kWhistle-blower letters

47Value Investigated

Numbers that prove we listen to the tune of every whistle.

Clients

Years of experience

Whistle-blower letters

Value investigated

At Walto Whistles, we believe that integrity is telling ourselves the truth, and honesty is telling the truth to other people.

CHENNAI, TN

BANGALORE, KA

HYDERABAD, TS

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Marketplace Consultancy

35
Clients

10
Years of experience

300k
Whistle-blower letters

47
Value Investigated