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Mid-Market Enterprises
Enabling and protecting growth
Mid-Market Enterprises (MMEs) forms the backbone of Indian economy and are gearing up to leverage opportunities that India’s growth outlook presents. MMEs are investing heavily to upgrade legacy systems and processes, and adopt modern business practices to expand and compete effectively in the marketplace.
Mid-market enterprises landscape
Defining traits
- Established and emerging entities with strong
operating history - Largely family owned and private
- Aggressive growth outlook and expansion plans
- Systems, processes, and the governance structure
are evolving - Manual processes with legacy ERP and IT systems
Aspirations
- Growth through product diversification
- Domestic and international expansion
- Increase sales, productivity, and margins
- Capital infusion through private equity and IPO routes
- Formalise processes and business controls
- Business restructuring and succession planning
Recommendations
Global Chief Audit Executive Research Survey: India perspective
Forging Internal Audit's path to greater impact and influence
Third Party Risk Management
Enabling businesses to effectively manage their extended networks