In a changing world, audits are essential and are a cornerstone of building trust in organizations. We work with regulators and subject matter experts with domain knowledge who design and build, blend, and implement an agile and streamlined approach with leading audit technology, innovative thinking and industry knowledge. The audit efficiency is directly proportional to less time and stress for an organization’s team. The complex compliances are streamlined and made more effective thanks to the powerful and deep experience, ensuring it is focused on using the holistic, seamless and coordinated perspective.
Our Compliances and Audit team specializes in areas of IT, Human Capital, Cybersecurity, AI, Valuation, Tax and Cloud.
In this new age of workforces coming together from various backgrounds, incidents of workplace sexual harassment have become prevalent. PNAC has built strong capabilities to provide POSH services across the Indian region. Our specialists are well-versed with The Sexual Harassment of Women at Workplace (Prevention, Prohibition, and Redressal) Act 2013 (‘Act’) and other applicable and related regulations, which are updated from time to time. We start by assisting organizations in setting up a robust preventive framework, conducting workforce awareness and sensitization training workshops, ensuring regulatory compliance and tackling the intricate responsibilities of the organization and the Internal Complaint Committee (ICC) both manually, digitally and in person.
These services, training and workshops are also applicable for various government agencies, public and private sector institutions, and other organizations, as defined by the complex Act. The In-person workshops consist of Interactive sessions for the Workforces with Train the trainer approach conducted in a Web-based awareness module setting. The Mandatory annual refreshers and Optional e-learning modules and e-books are also provided to ensure knowledge is dissimilated at proper intervals.
The Internal Complaint Committee (ICC) members’ workshop is also conducted, empowering them with investigation and interview skills. The know-how for conducting investigations into complaints, mentoring and support is also provided, given the nature of complicated and sensitive nature of investigations.
At PNAC, we provide a full bouquet of labour-related HR and Legal services for organizations as they are a very critical and important part of operations. With the new age and dynamic regulations, laws and acts are being created, staying abreast of those is equally important as running a business organization. Effective management of labour matters requires a solid understanding of HR and the legal framework of that country. The potential risks are mitigated when practical enforcement of labour legislation is applied. Our Subject matter experts with decades of solid practical experience have managed issues arising from labour matters, helping organizations in their relations with the workforce, trade unions, and regulatory authorities.
We also develop and administer the organization’s internal acts and code of ethics, along with developing/negotiating the collective agreements, to name a few.
Our focused assistance on labour, HR, and Law relations is an investment, which results in significant savings for the business.
PNAC’s Subject Matter Expert Team of HR and Legal professionals can guide the organizations now and for the future with a full scope of managed services in the area of wages and payment laws. We consult, mentor and support issues in the area of labour disputes related to payment and wages. Establish Internal controls and regulations with respect to remuneration policy and labour wages regulations for full-time, hybrid, remote and contractual workers. PNAC complies with all local and state regulations requiring salary range transparency. Organizations can rely on our market-based salary ranges for the selected position. We also support the organization’s draft of the market-based salary ranges for all locations covered by local or state-wide compensation, with transparency to applicable laws.
We cover all available cities in the country where the organization is established and where the workforce will be performing their duties. Our Team of Experts also review the payment structure as per the applicable laws and the market standards.
At PNAC we provide a strategic approach to social priorities, such as pensions, unemployment support, and disability, which account for a sizable portion of an organization’s expenditure, so that the workforce may avail many services to meet its retirement or disability expectations. Organizations that excel at managing social security benefits have a clear view of the future they are seeking. They are able to align policy settings according to the regulations to achieve required outcomes effectively.
Our line of practical subject matter experts provides guidance on how to approach these benefits for start-up, mid-size or a large organization by providing them with policy management, strategies within the organizations, and operationalize the support functions which are required for governance.
At PNAC we step in to assist the organizations to help them avoid the most common mistakes made when terminating an employment relationship or bringing on board the employee with contractual agreement.
The termination of employment by the employer can easily be done as precisely defined by law, and subject to relatively strict formal conditions as laid out. The status of the employees is protected based on the principle of the weaker status party.
PNAC can help you plan to terminate an employee's employment and ensure that all legal and regulatory obligations are met prior to the termination. Our Subject matter experts will help you with the analysis and possible preparation of all necessary documentation.
We can also help you draft your employment contract and provide clarity for all the clauses and their mapping to the requisite acts and regulations. We can also revise your existing employment contract to ensure it meets the latest and increasingly changing legal and regulatory environment, with applicable acts and regulations.
Payroll process and review assessment are one of the most important aspects of the Organization’s cost-saving opportunity practice, process improvements, and potential risk exposures associated with Federal/Central, State, and Local payroll employment taxation. Our Payroll internal audit support team, part of our employment tax practice, can help you identify potential risks and opportunities, evaluate the current compliance status and develop recommendations based on our overall assessment while keeping you up to date on the latest developments in payroll and employment audit communities. Our team is dedicated to providing you with timely and relevant information for now and the future.
At PNAC we provide a spectrum of managed services for the compliance and Audit of workforces, including senior management.
As organizations evolve to keep up with rapid changes in their environments, their risks evolve and grow, as well. PNAC aligns your organizational level Function Specific Audits and Controls environment to broaden risk coverage. Its unified checks and balances improve control of ownership and allow advanced engagement with the stakeholders by providing them with Audit Dashboards with findings and corrective actions so they can be managed effectively.
PNAC has developed the most intuitive, purpose-built audit frameworks solutions for Sales, Marketing, IT, Quality, Operations, Inventory, Administration and many external objective-specific frameworks to name some. The interfaces of the dashboards can be interconnected with an optional feedback module. The centralized visibility reduces redundancies with custom audit workflows. The audits can be conducted in a controlled environment or can be done remotely via integrated sets of controls. Future-proof your function’s outcome with a connected digital AI-driven platform that aligns controls with industry-based risks, compliances, and the organization’s internal audit capabilities are keeping up with the rapidly changing landscape of today’s world.