Forward-Looking Risk Management That Supports Growth
When it comes to risk, most companies want two things: fewer surprises and stronger confidence in their decisions. At BPS, our Risk Advisory Services are designed to help you accomplish exactly that.
Whether you’re preparing for an audit, responding to regulatory pressure, or simply trying to build smarter, more resilient operations, we help you make sense of risk—so it becomes a tool, not a threat.
Our Risk Advisory Services
At BPS, we help businesses turn risk into strategy. Our advisory solutions are built to scale with you—providing clarity, confidence, and control as you grow.
Whether you’re responding to regulatory demands, preparing for an IPO, or simply building stronger internal oversight, our team delivers right-sized, right-now support to strengthen your operations and safeguard your future.
Risk Assessments
Identify, evaluate, and prioritize the risks that could impact your business objectives—with a structured, tailored process that engages your people and aligns with your strategy.
Enterprise Risk Management (ERM)
Establish or strengthen your ERM program to proactively manage both strategic and operational risks. We help you define your risk appetite, align risk with business goals, and embed ownership across functions.
Internal & IT Audit Services (Outsourced & Co-Sourced)
Need support building or supplementing your internal audit function? We offer flexible models that align with your capacity and needs—without sacrificing quality or independence.
SOX Compliance
We’ve walked countless companies through Sarbanes-Oxley documentation and testing. From scoping to control mapping to walkthroughs, we make the process more efficient and less stressful.
IT Risk & Cybersecurity Advisory
We help you assess cybersecurity controls, improve data protection practices, and navigate frameworks like NIST, ISO, CIS, and HITRUST. Whether you’re preparing for certification or trying to build a stronger foundation, we’ve got your back.
PCI Compliance
From penetration testing to compliance reviews, our team ensures your systems are aligned with current standards and ready for scrutiny—without slowing you down.
What Makes BPS Different?
We’ve Been in Your Shoes:
Our senior-level professionals bring decades of experience across audit, compliance, IT, and risk—so we understand the realities you face.
We’re Not Box-Checkers:
Our approach is pragmatic and partnership-driven. We tailor each engagement to your organization’s maturity, structure, and objectives.
We Add Value, Not Just Findings:
From early planning through final recommendations, we focus on clarity, improvement, and efficiency, not just compliance for compliance’s sake.
We Keep It Human:
Risk conversations can be overwhelming. We make them practical, collaborative, and even (dare we say) enjoyable.
When to Call Us:
- You’re building out your first internal audit function
- You’re looking to augment your staff with experienced resources
- You need assistance completing your annual audit plan
- You need to enhance or reassess your ERM framework
- You’re facing increasing compliance or board scrutiny
- You want a second set of eyes on your risk priorities
Industries We Serve
Specialized insight. Strategic value.
Our Risk Advisory team works with growing, highly regulated, and tech-enabled organizations that need more than off-the-shelf solutions. We understand the risk, compliance, and operational pressures you face—and we’re here to help you stay one step ahead.
Industries we know well:
- SaaS & Tech-Enabled Services
Scalable risk programs for companies managing high volumes of sensitive data. - Data Centers
SOC 2, cybersecurity, and operational risk programs for data centers safeguarding mission-critical systems and sensitive client environments.
- Managed Services Providers (MSPs)
Comprehensive risk management and compliance support for MSPs responsible for client data protection, uptime, and regulatory adherence. - Banking, Fintech & Payment Platforms
SOC reporting, cybersecurity, and internal controls for fast-moving financial institutions. - Insurance & Insurtech
Support for third-party administrators, claims processors, and compliance-driven providers. - Telecommunications & Managed Services
Risk management and SOC reporting for network operators and infrastructure providers. - Healthcare Technology & Providers
HITRUST, HIPAA, and third-party risk support for organizations handling PHI. - Accounting, Payroll & Benefit Administrators
End-to-end SOC readiness and control evaluations for firms entrusted with regulated data.
What types of risk advisory services does BPS offer?
We provide a full spectrum of services including internal audit, enterprise risk management (ERM), SOX compliance, IT and cybersecurity advisory, PCI compliance, HITRUST readiness, and third-party risk management. Whether you’re building your first risk framework or enhancing an existing one, we tailor our support to your organization.
What is the difference between risk assurance and risk advisory?
Risk assurance involves independent reporting, such as SOC reports, on controls that are already in place. Risk advisory is more consultative. It focuses on helping you design, assess, and improve those controls. Risk assurance evaluates the past, while risk advisory helps you plan for the future.
How do I know if my business is ready for an internal audit function?
If you’re growing quickly, facing increased compliance demands, preparing for an audit or transaction, or experiencing operational complexity, it may be time to formalize your internal audit function. We offer both outsourced and co-sourced models to match your internal capacity.
What is enterprise risk management (ERM) and why does it matter?
ERM is a structured process for identifying, prioritizing, and managing risks across your organization. A strong ERM program aligns risk awareness with business strategy, helping leaders make more informed and confident decisions.
We already manage risk informally. Why formalize it?
Informal risk management can lead to inconsistencies, blind spots, and missed opportunities. A formal program brings visibility, accountability, and a clear framework for prioritizing and addressing the risks that matter most.
What is the value of partnering with BPS for internal audit or ERM support?
Working with BPS gives you access to experienced professionals who understand both risk and operations. We provide practical recommendations, help fill internal gaps, and bring objectivity and efficiency to your risk management efforts.
How does BPS support SOX compliance efforts?
We assist with everything from scoping and documentation to testing and remediation. Our team helps you focus on key controls, reduce unnecessary effort, and prepare for external audits with confidence.
Do we need to be in a regulated industry to benefit from risk advisory services?
No. Risk advisory is valuable for any business looking to improve operational resilience, strengthen client trust, or prepare for growth. We work with SaaS providers, financial services firms, healthcare companies, and other fast-growing organizations across a range of industries.
What makes BPS different from other firms?
We combine deep technical knowledge with a collaborative, business-minded approach. Our senior-level professionals work directly with clients, providing thoughtful guidance and clear communication. We are focused on outcomes, not just deliverables.