The performance improvement services provided by Practus assisted the NGO in implementing the maker-approver mechanism, which eliminated errors and omissions by 100%.

Client NameROIIndustryOwnershipManagementNo. of EmployeesSizeProject Duration
A Non-Profit Foundation~8x
Non-ProfitTrust managed by a large diversified conglomerate 
20$1.2 billion
4 months

About The Company

Non-Profit is a foundation run by a large diversified conglomerate. Non-Profit makes grants in healthcare, education, livelihood, and youth empowerment with a presence in 12 states. Practus was invited by the Board of the foundation to mitigate reputational and financial risks arising from non-compliance with regulations. ​

Practus’ Role in Performance Improvement Services

  • Ascertain the applicability of legislations to the foundation across federal, state, and local laws.​
  • Map recurring and on-off compliance requirements based on the applicability of the legislations.​
  • Categorize compliances based on risk perception, penalties involved.

Impact Delivered in Performance Improvement Services

  • Compliance management was IT-enabled through the implementation of a tool, reducing risks of non-compliance by over 80%​.
  • Implemented a maker-approver mechanism that eliminated errors and omissions by 100%​.
  • Compliance calendar helped the client to plan its cash flows, reducing interest costs by ~10%.

See how Practus can assist you in improving your organization’s Performance