Optimum Assurance Group is the franchise audit specialist and has over a decade of internal audit, compliance and Risk Management experience with some of Australia’s best known franchised brands as well as some of Australia’s largest public and private companies. The modern audit approach is closely geared towards areas of highest risk and adding value to an organisation on all levels.
All successful franchise systems are based on a consistent approach towards business processes and compliance, as well as sound operational and financial controls. At Optimum Assurance, we are committed to delivering optimum assurance for franchisors and adding value to their franchisees. Accurate reporting of rebates and royalties and brand protection are 3 significant issues for both today’s franchisor and franchisees. The auditing of franchisees of all sizes using the latest techniques can provide important benefits to all stakeholders in the system.
Optimum Assurance Group provides independent and objective analysis of franchisee operations to ensure the franchisor’s interests are protected. We also strive to provide added value to the franchisee by assisting with localised controls designed to improve their own operations.
Optimum Assurance Group understands the complex nature of franchising and has the right mix of expertise and hands on experience.
Services Include:
- Sales/royalty, rebate verification
- Compliance audits
- Enterprise wide Risk Management
- Financial audits of corporate functions - accounts payable, payroll, distribution
- Operational and financial controls
- Data analytics
- Operational and financial control training for franchisees
- Fraud investigations
- Detailed process reviews