To provide a professional, reliable and quality service to our customers, within appropriate timescales and at the convenience of our customers.
To be open, honest, ethical, and clear in our engagement with our customers.
Adding value by understanding our customers’ needs and working with our customers to deliver cost effective, practical and sustainable solutions with integrity, professionalism and trust.
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Procursus Consulting Services provides independent consultancy services specialising in designing and providing bespoke solutions in response to the risk management, internal audit and compliance challenges faced by businesses today.
We help companies reduce the cost of risk, ensure business continuity, unlock opportunities, and gain a competitive advantage by expertly navigating the increasing complexity of enterprise risks and business disruptions.
We also collaborate with other global risk advisory firms and risk solutions providers through which we can draw on both global and local insights and best practices to meet our customers’ needs which allows us to offer:
As organizations continue to grow their business operations with the introduction of new products, additional services, and expansion into new jurisdictions, compliance and legal officers are facing increasing pressures to manage risks from new and existing third-party relationships, some of which can be dangerously complex.
This white paper discusses the risk presented by third parties, the components of an effective third-party risk management system, limitations of current third party systems and finally, how platforms powered by advanced technology solutions such as big data analytics, artificial intelligence, natural language processing, and social network analyses can assist organizations by minimizing expensive outsourced due diligence, streamline data management and decision making and, in turn, achieve effective regulatory compliance.
Your personal information will be kept strictly confidential and will not be sold, reused, rented, loaned or otherwise disclosed. Any information you give us will be treated with the utmost care and will not be used in ways that you have not consented to.
Companies are facing:
If these challenges are not anticipated and dealt with quickly and effectively, they could lead to:
Today’s business leaders are facing ever-increasing pressure to be well prepared for and to have a robust, forward-looking risk agenda in place to mitigate future shocks.
Procursus can help you strengthen your risk capability and tailor risk solutions to better anticipate, prepare and respond to events that could disrupt and expose your business to unexpected losses.
We offer a broad range of Governance, Internal Audit, Risk Management and Compliance (GRC) CONSULTANCY AND ADVISORY services:
Locstat is a software framework providing incident intelligence for customers who require complex event processing solutions.
By using Locstat our customers acquire the ability to obtain real-time insights of opportunities and threats in their business environment.
Locstat provides a rules-based software engine that aggregates, orchestrates and analyses data and information from a multitude of sources in real-time.
surveilLens™ is an enterprise compliance and risk monitoring platform that combines machine learning and data analytics to offer a one-stop solution for organizations to manage risk and maintain compliance.
surveilLens™ combines multiple elements of an ‘effective’ compliance program and ‘adequate procedures’ as required by global regulators.
We help organizations navigate the complex world of legal, regulatory and anti-fraud compliance while reducing the time spent on in-house monitoring and investigations.
Through the use of Big Data methods, the surveilLens™ platform secures, assimilates, and manages both
structured and unstructured data in substantial scale.
Procursus is an accredited sub-agent to Friends4Life Intermediary Services and together we can provide tailor made short-term insurance products and services to meet our customers financial service needs. Our products and services include, amongst others:
Companies today are currently facing unprecedented business disruption and radical technological change to their business. We deliver practical, tailored, and sustainable solutions designed to improve the operating effectiveness of your governance, risk, and compliance framework and activities, and to leverage these activities to support the business in anticipating and responding to risks more quickly and effectively.
Every company has different challenges, and it will depend on your goals and aspirations for your governance, risk and compliance activities. We help companies transition and position their existing governance, risk and compliance activities to become more agile, forward-looking and ‘strategic risk partners’ to the business.
Our approach combines proven hands-on experience with deep governance, risk and compliance knowledge, coupled with access to global and local best practices.
Depending on the scope of the project, we normally agree fixed price contracts. This allows you to have a fixed budget with no surprises.
However for short-term consulting projects or urgent projects, we find that time and materials (disbursements) contracts are more appropriate.
We work in close collaboration with our customers to determine the scope of a project depending on the business needs, challenges and size of the organization. The project scope is typically determined during the initial consultation and discovery sessions.
For complex challenges we will normally perform an assessment, together with your nominated representatives (subject matter experts) at the start of the project. In doing so we ensure that we define the scope of work appropriately to design the best solution to address the challenges identified.
We work in close collaboration with our customers to determine the scope of a project depending on the business needs, challenges and size of the organization. The project scope is typically determined during the initial consultation and discovery sessions.
For complex challenges we will normally perform an assessment, together with your nominated representatives (subject matter experts) at the start of the project to ensure that we define the scope of work appropriately to design the best solution to address the challenges.
Although we adapt our approach to your business needs and goals, a typical consulting project is organised in the following way:
Although we prefer to have an official closeout of the project, we will continue to check-in from time to time as agreed to ensure that the solution is working as it was intended and is delivering the results you expected.
The length of time of a project varies and is based on a number of factors including:
We appreciate the value of your time, and we make every effort to ensure that we structure our projects and scope of work so that we are not a burden on you and your team, and that the work is carried out efficiently and in the shortest time possible, without compromising quality.
Stay updated with what Procursus has to offer in Governance, Risk and Compliance’.
Anand Bunsee is the founder of Procursus Consulting Services. Anand has held several senior management positions in Internal Audit, Risk Management and Finance at multi-national corporates in the past. His last corporate role was as Head of Internal Audit for the Europe and Middle East Regions for the Maersk Group, and as deputy to the Chief Audit Executive of the Group, based in Maersk’s Head Office in Copenhagen, Denmark for five years up until the end of 2017. Prior to taking up his position in Denmark, he headed up Maersk’s Internal Audit Africa division based in Cape Town, South Africa.
Anand has also held several senior financial management positions in the transport and logistics industry in South Africa, the Netherlands and the UK before joining Maersk in 2006.
Anand is a Certified Internal Auditor with the Institute of Internal Auditors, an Associate member with the Institute of Chartered Secretaries and Administrators, and a member of the Institute of Directors in South Africa. Anand has also completed a Leading Professional in Ethics & Compliance Programme at Bentley University in Boston, USA and the High Potentials Leadership Programme at Harvard Business School.
‘I have known Anand for a number of years and have worked closely with him on numerous governance, risk and compliance assignments. I have always found Anand to be engaged with these disciplines and assignments with a genuine sense of passion and set determination. He has profound knowledge and invaluable experience in these disciplines and is exceptional in the manner which he calls on and makes it counts when needed. He does this in a way which is not prescriptive (whether to organisational management or Board), but rather by way of a consultative and demonstrative approach. He is exceptionally focussed and goal driven in his determination to deliver meaningful and practical results. I have relied on Anand's advice over time in this capacity, advice that I have found to be poignantly measured and definitively tailored. I would highly recommend him.’
‘Anand was pivotal in our internal audit function transformation journey. Many of the key initiatives from re-designing of our audit methodology, setting up the framework for executing our forward looking risk-based audits to enhancing communication to our key stakeholders were the brainchild of Anand. This has resulted in the successful delivery of high impact, value adding audits to our key stakeholders.’
'I have enjoyed working with Anand over a number of years, particularly due to his forthcoming, optimistic and upright nature. He is a candid team player who communicates opinions in a positive and solution-oriented manner. Anand is a visionary expert in the world of risk, control and in development of governance structures. In his approach, he keeps in mind the underlying business context, which is integral to establishing the right risk culture, control framework and sustainable governance models. Through his efforts, some of the thought leaders in this space, in the company where we worked together, were able to share their opinions, experiences and best practices for the improvement of the overall governance, risk, and compliance oversight for the organisation. The forum he established served as a platform and provided stimulus for a good discussion to revisit and restructure the assurance and oversight lines of defence across the organisation.'
‘Anand's experience and knowledge have served our internal audit agenda very well! Anand helped us to define new agile and forward-looking approaches for our internal audit function--from strategic to tactical. He also helped us to define and articulate the function’s direction, strengths, goals, and leverage points. Anand's input and expertise has provided us with an opportunity to align our internal audit strategy with the overall strategic initiatives of the Group and as a result position the department as a ‘strategic risk advisor’ to senior management and the Board. I would have no hesitation in recommending him to help you with taking your governance, risk and control activities to the next level.’
'I worked together with Anand for several years on improvement-related projects and have always enjoyed Anand’s combination of professionalism, ambition, pleasant personality and eagerness to improve the organisation that he was a part of. Anand has worked at a senior level in a global and competitive industry for an extensive period of time and has exceptional insight into the broad range of challenges that leaders face, as well as the causes and means of resolving them. Anand has moreover driven a transformation of his own area utilizing LEAN Six Sigma principles to further develop the value proposition of his team, always focusing on meeting or exceeding stakeholder expectations.’
