Below are some of the Finance & Accounts products that we offer:
1. Cash Management Services and Reduction of Revenue Leakages:
NeGSt has
developed an electronic solution for effective cash management system and to
curtail revenue leakages in the MDAs, States and Local governments through the
implementation of an efficient bank transaction monitoring. The solution will
also help to strengthen the Internally Generated Revenue (IGR) collection process.
2. Statutory
Audits and Assurance:
NeGSt has developed an eSolution to
address the legally required audit dealing with the accuracy and completeness of a corporate entity’s financial statements and records.
This service is in compliance with Companies and Allied Matters Act (CAMA) 1990
and Financial Regulations, circulars, 1999 Constitution etc. for both private
and public sector institutions. The solution proffers professional
advice on internal control systems
including how best to strengthen structures and systems for efficient and
effective performance.
3.
Value for Money Reviews:
The NeGSt Value for Money review (VFM) is to ensure that resources have been applied appropriately to
achieve economy, efficiency and effectiveness. Value for Money review is a
vital operational tool being promoted for the management of resources that are
becoming scarce by the day. NeGSt VFM will
assist managers in both public and private sector organizations to significantly
reduce wastes, strengthen operational
efficiency, financial discipline
and administrative competence. This tool has since become the norm in the
public sector comprising the three-tiers of governance and is also suitable for
application in the private sector for achievement of optimal result with less
resources.
4.
Contract Compliance:
This digital solution for contract
compliance focuses on the following: -
(i)
Verifying
that the procurement and contract award processes have been followed as
prescribed by the national procurement policies and regulations.
(ii)
Confirmation
that the procurement and contracting processes are efficient, effective and economical.
(iii)
Review of the
robustness of the systems and procedures put in place for procurement and
contract planning, monitoring and execution.
(iv)
Monitoring and
evaluation of the capacity of the project officers to handle procurement and
contracting activities effectively.
5.
Management
Advisory:
This solution provides advisory to
businesses in the areas of corporate governance, process documentation, process
improvement, policy formulation and project management services etc.
6.
Accountancy
Services:
NeGSt accountancy solution provides a full
range of accounting offerings for Small and Medium Scale Enterprises (SMEs). It
focuses on routinary administrative tasks like bookkeeping and accounting.
7.
Tax Consultancy:
This solution is an important aspect of
the compliance service. It is designed to assist management with respect to their
obligations to prepare and submit tax returns, claims and tax payment planning.
8.
Internal
Audit Services:
This is a policy solution combined with
procedural guidelines created by management to protect the integrity of assets
and to ensure efficiency and effectiveness of operations. It provides the general
non-CAMA 1990 reassurance on accounts as may be required by clients and enables
internal control systems as well as secures the best methods to strengthen
structures and systems for efficient and effective performance.