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10 Fastest Growing Compliance Solution Providers 2019

The Implementation Partner: SKP

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Advisers & consultants

SKP is a multidisciplinary group that serves clients across the globe, helping them meet their compliance and performance improvement needs. With a strong heritage of excellence in business and professional services, SKP offers an array of solutions including intelligent automation and analytics, supply chain consulting, centers of excellence, business process management, assurance, fraud management, and tax risk management.

SKP has direct operations in the USA, India, and UAE, along with business desks in Canada, Hong Kong, and Tokyo. Its global team of 1000+ associates serves clients from offices across the globe. These include multinationals, publicly listed companies, and privately held and family-owned businesses from over 50 countries.

Scaling Verticals

The company’s multi-disciplinary teams serve across industries, with a focus on healthcare, food processing, and banking and financial services. Over the last decade, SKP has built and leveraged capabilities across other key global markets, providing transnational support to numerous clients.

From inception, SKP’s founders have ensured a culture that values the highest levels of professional standards and personalized service. This progressive and collaborative mindset enables SKP to serve its clients with integrity, delivering high quality, innovative results. Clients value the collaborative approach that enables it to partner with its clients, understand their needs and constraints and provide effective holistic 360-degree solutions. SKP has been recognized over the years by various global organizations, such as the International Accounting Bulletin, Euro Money Publications, and International Tax Review.

The Reason for the Growth of the Company

SKP’s Strategic Initiatives practice supports companies undertaking major growth or expansion projects. While organizations are typically well-geared to manage the day-to-day aspects of business efficiently, major new strategic initiatives tend to be complex projects with multiple work streams involved. Its team helps clients maintain focus on Business-as-Usual functions by dexterously supporting the unique and complex task flows that accompany Greenfield integration or Post-Merger Integration. The holistic solutions cover specialized functions, including Commercial, Technical, and Manufacturing, Supply Chain, Finance, Regulatory, and Information Technology aspects.

Transaction Advisory

Inorganic growth can provide a much-needed boost to a company’s capabilities. However, India can be a challenging environment for concluding deals involving mergers, acquisitions, and joint ventures, making it essential for such deals to be handled with great care and expertise. Investors must evaluate the accounting, tax, regulatory, legal, management and cultural aspects of the target company. While investors would like to have complete and accurate information to make critical decisions, such information is not readily available and is often difficult to evaluate. The success of a deal may hinge on the ability to discover and analyze the missing pieces. On-the-ground knowledge greatly improves the probability of a deal’s proper execution and success.

SKP’s holistic approach to Transaction Advisory comes from a thorough understanding of ground realities. It understands that it is not merely individual activities such as target identification or due diligence that determine the success of a transaction, but it is how such activities are collectively managed as a project. The company’s team is involved at every stage of the process followed by post-transaction hand-holding until its client is ready for the final handover. SKP works as project managers with its goal being the success of your business and its continued growth.

The Experienced Leader

Guljit Singh, Executive Chairman:

With his knowledge, diverse business experience and global exposure, Guljit plays a vital role in the management of SKP Group, keeping in mind our rapid growth and future expansion plans. He has known SKP for over nine years, first as a client and since 2013, as a Senior Global Adviser.

His key role involves enabling SKP to develop into a truly global organization, providing the necessary leadership and guidance in developing strategies, and providing a governance model based on human values to become an employer of choice with a continued focus on customer satisfaction.

Educated in the US and India, Guljit has over 42 years of successful global business experience and has worked in the US, Europe, and Asia-Pacific and has traveled extensively to all parts of the world.

He has played a major role in global outsourcing and has set up several large entities/businesses in the US, Europe, and Asia. One of his major undertakings, a greenfield project, was the development/set-up of a manufacturing base of world-class medical device operation in north India for a US corporation in record time.

“We combine innovation, sound business acumen, in-depth domain knowledge, and a passion for problem-solving to serve a wide range of client needs. Beyond just advice, we provide solutions that work.”