Sequent Auditing

Empowering Growth with Business Process, Comprehensive, and Digitalization Auditing: Sequent’s Transformation Journey with BSC Global

Client Overview

Sequent Scientific Limited is a global pharmaceutical company specializing in animal health and active pharmaceutical ingredients (APIs). Known for its innovation-driven approach, Sequent operates across multiple geographies and strives for excellence in compliance, operational efficiency, and digital readiness.

As part of its continuous improvement initiative, Sequent partnered with BSC Global to perform business process auditing, comprehensive auditing, and digitalization auditing to identify inefficiencies, ensure compliance, and prepare for future growth through digital transformation.

Challenges

  1. Inefficiencies in Business Processes:
    Complex and inconsistent processes across multiple locations led to inefficiencies, delays, and higher operational costs.
  2. Compliance and Risk Management:
    Sequent needed to ensure strict adherence to industry regulations and internal policies while minimizing risks in its operations.
  3. Digital Readiness Gap:
    The company was transitioning to more digital operations but lacked a clear understanding of gaps in its digital infrastructure and strategy.
  4. Data Silos:
    Fragmented systems across departments created data silos, limiting visibility and collaboration across the organization.

Solutions Provided by BSC Global

  1. Business Process Auditing:
    • Conducted a detailed analysis of Sequent’s existing business processes to identify inefficiencies and bottlenecks.
    • Recommended process standardization and automation to improve efficiency and reduce costs.
  2. Comprehensive Auditing:
    • Performed an end-to-end review of financial, operational, and compliance-related processes.
    • Ensured alignment with regulatory requirements and internal control policies, minimizing risks and improving audit readiness.
  3. Digitalization Auditing:
    • Assessed Sequent’s current digital infrastructure, identifying gaps and areas for improvement.
    • Evaluated digital tools and platforms in use, providing recommendations for upgrades and integrations to enhance efficiency and collaboration.
  4. Actionable Roadmap:
    • Delivered a detailed roadmap outlining steps for process improvements, compliance enhancements, and digital transformation.
    • Prioritized initiatives based on potential impact, cost-effectiveness, and alignment with Sequent’s business goals.

Results Achieved

  1. Optimized Business Processes:
    • Achieved 20% reduction in operational inefficiencies by standardizing and automating key processes.
    • Improved cross-departmental collaboration and streamlined workflows across Sequent’s global locations.
  2. Enhanced Compliance and Risk Management:
    • Strengthened compliance with industry regulations and reduced audit-related risks by 30% through improved internal controls.
    • Developed a robust framework for ongoing monitoring and adherence to evolving regulatory requirements.
  3. Digital Transformation Acceleration:
    • Identified critical gaps in digital infrastructure and implemented strategies to bridge them, enhancing digital readiness by 40%.
    • Introduced tools for real-time data sharing and reporting, reducing decision-making time and improving visibility across operations.
  4. Cost Savings and Scalability:
    • Realized 15% cost savings through process optimization and improved resource allocation.
    • Established a scalable framework to support Sequent’s growth and future digital transformation initiatives.

Why Sequent Chose BSC Global

Sequent partnered with BSC Global due to:

  • Expertise in conducting comprehensive and specialized audits tailored to industry-specific needs.
  • Proven track record in enabling digital transformation for global organizations.
  • Commitment to delivering actionable insights and measurable results that drive business value.

Conclusion

BSC Global’s auditing and digital transformation expertise enabled Sequent Scientific Limited to optimize its business processes, strengthen compliance, and enhance digital readiness. These initiatives have positioned Sequent to achieve its growth ambitions while maintaining operational excellence and regulatory integrity.