Growth increases transaction volume, delegation and system access faster than controls often develop. The objective is not bureaucracy; it is protecting cash, information and decision quality while the company scales.
Define authority clearly
Document who can approve spending, contracts, payments, credit notes, pricing exceptions and new suppliers. Set limits that reflect role and transaction risk.
Separate preparation, approval and payment release wherever practical.
Protect cash and banking
Use dual authorisation, individual banking access, regular user reviews and independent bank reconciliations. Restrict changes to beneficiary details and verify sensitive requests outside email.
Review payment exceptions and unusual transactions promptly.
Control purchasing and expenses
Require approved suppliers, purchase evidence and matching between order, receipt and invoice for material spending. Define expense policies and supporting-document standards.
Monitor split purchases, repeated urgent approvals and commitments made before authorisation.
Strengthen revenue and receivables
Control customer setup, contracts, pricing, invoicing, credit limits and adjustments. Review overdue receivables with accountable commercial owners.
Reconcile operational sales data to accounting records and cash receipts.
Build review into the close
Use reconciliations, variance analysis, journal approval and balance-sheet review as recurring controls. Track unresolved items and report material exceptions to leadership.
Test access and key controls periodically as systems, people and entities change.