Leveraging Technology to improve Quality of Life.
Putting our hands together for a brighter tomorrow.
Pushing the boundaries of Technology to make life easier.
Helping you to adopt quickly to changes in the market.
The word Divasprik in Sanskrit means beyond the sky.
Divasprik Intelligence is an IT solutions and services company that believes the sky is not the limit in terms of how technology can be used to transform human lives.
We focus on leveraging technology for the benefit of the common man. We design, build, implement, integrate and support practical solutions that enable organizations to achieve greater efficiency at significantly lower costs. We rely on well-defined processes, industry best practices and innovative thinking to develop breakthrough solutions that leverage emerging technologies to help our clients achieve their business goals. Our job is to stay abreast of evolving technologies, and to harness its power to enable our clients to seize opportunities and respond to market dynamics with speed and agility.
MISSION AND VISION
IT for everyone is our vision.
We work with people. We work for people. Our mission is to make life more efficient, more fun, more vibrant, more healthy, and more fulfilling for people around us. We use technology as a tool to achieve this. We believe the benefits that technology can bring must be made available and accessible to the common man. We build solutions that help people do things better, achieve their goals faster, find greater fulfilment in life, and in general feel more proud of being who they are. We create solutions that make a difference in people's lives. We want to be part of the technology transformation initiative that will drive post-COVID India.
There are several factors that we consider before attempting to develop an application that will digitally transform a client's existing workflow. We step into our client's shoes; think and feel the way they do; understand their current processes and the bottlenecks that act as a hindrance to seamless workflow. We look before we leap. We put in a considerable amount of study before we write the first line of code. We analyze the purpose that the proposed application is meant to serve. We examine the demographics that will be using it. We study the key features that will drive the application and decide on how best to package them. We look at the competition if there is any, to see how we can do better. Only then do we set about building the solution. We work together with the client at each step and enjoy doing it. We don't build just great applications. We build great relationships.
Finding a shrink-wrapped solution that will perfectly meet every organization's workflow automation requirements isn't easy, simply because one size doesn't fit all. Custom application development is the answer. Divasprik has carved out a niche for itself in full cycle custom software design and development, backed by a mature, process-driven development model that helps us complete complex projects within committed timelines and budgetary allocations. We adopt a business-driven approach to application development that focuses on quickly implementing the high priority features, and then adding on the bells and whistles. To do this we use an agile development model that allows requirements and design to be continuously refined as code development progresses, building the application incrementally with periodic validation of refined requirements and design.
Software maintenance is the process of enhancing and optimizing software applications that have been deployed within an organization, as well as rectifying inherent defects if any. Companies spend vast amounts in developing software solutions to meet their business requirements. Obviously, they would like to prolong the lifespan of the applications to the extent possible so as to extract the maximum ROI. Studies show that 80% of today's IT spend goes into maintenance related activities. Divasprik provides end-to-end software application maintenance services, extending application lifetime and ensuring long term stability, sustainability, and trouble-free use of installed applications. Services offered include Corrective Maintenance, Preventive Maintenance, Perfective Maintenance and Adaptive Maintenance
Enterprise Application Integration
Most organizations are saddled with applications that were built using technologies that were current at the time they were built, with little thought being given about whether these applications would someday be called upon to share information with one another. However, seamless integration between applications has become imperative in today's connected world. Enterprise Application Integration involves a sophisticated set of procedures that uses tools, techniques and technologies to build bridges between application stovepipes without having to change the source or target systems. Engineers at Divasprik have significant experience in EAI, enabling them to steer clear of common pitfalls in the implementation process and ensure successful completion of integration initiatives.
THE NEED OF THE BUSINESS WORLD
The scope of forensic Auditing has been developing for the last 50 years across the business world. The concept of fraud triangle, which made its way to the auditing standards is pervasive in the auditing standards and governs much of the work that is required to be performed by auditors. Laws have also been established around this basic understanding of fraud, with variations related to various legal environments prevailing in different geographies.
What Is Forensic Auditing?
Forensic auditing is the investigation of fraud or manipulation by performing extremely detailed research and analysis of financial information. Forensic auditors are often hired to prepare for litigation related to insurance claims, insolvency, embezzlement, fraud, skimming, and any type of financial theft.
The work of a forensic accountant is generally performed by persons with financial or accounting training, who specialize in acquiring, analyzing, and reporting on financial events for the purpose of the decision-making body or a person. The forensic Auditing field can be concluded to be based upon two concepts, perception and reality. Subfields of forensic Auditing include securities and tax fraud, business valuation, computer forensics and electronic discovery, economic damages, bankruptcy and insolvency, and due diligence, which all can be framed as the intersection of perception and reality.
Forensic auditing utilizes accounting, auditing, and investigative skills to conduct an examination into the finances of an individual or business. Forensic Auditing is frequently used in fraud and embezzlement cases to explain the nature of a financial crime in court.
The scope of forensic auditing :
1. Obtaining evidence of unusual developments in the business with focus on financial transactions
2. Design the Auditing processes for verifying important premises and data
3. Exhibiting thorough professional skills in identifying possible fraud
4. Performing audit type processes on a routine basis aiming to reduce the risks
5. Covering broad range of businesses and geographies which requires continuous surveillance of various transactions on ongoing basis.
Relevance of forensic Auditing in an organisation
1. Assessing working transactions for compliance with basic operating processes and agreement.
2. Performing thorough scrutiny and examination of financial payment dealings in the accounting system to decide if they are standard or beyond company policy.
3. Assessing standard ledger and financial reporting system transactions for likely unlawful tampering or falsification of information or accounts and its consequences.
4. Analysing warranty requests or returns for practices of fraudulence or misuse.
5. Assisting in estimating the economic damages and the ensuing insurance demands that arise from catastrophes such as fires or other natural setbacks.
6. Assessing or affirming business rating in consolidations and accomplishments.
Forensic Auditors: Scope of work
Although the focus is fundamentally on accounting concerns, the function of a forensic accountant may also cover a more generic investigation including collection of evidence. Almost every accounting firm in the country today has forensic accounting sections. Some forensic accounting experts may specialise in insurance applications, and fraudulence construction. Forensic accountants may also offer their services in retrieving profits from crime. In India the forensic accountants known as Certified Forensic Accounting Professionals.
Forensic Auditing in India
Given the nature and types of fraud in India, the Reserve Bank of India (RBI) has compulsorily made forensic accounting audit mandatory for all banks within the country. The establishment of Serious Fraud Investigation Office (SFIO) in India has become the turning point for forensic accountants in the country. The indications of the growing demand for the field are:
1. The online criminal offences which grows continuously in the country
2. Cyber security fraud which is sky high in the current world
3. The dominant fraudulent practices observed as part of the operations of co-operative banks which are going bust
Types of Forensic Auditing
The work of a forensic accountant is generally performed by persons with financial or accounting training, who specialize in acquiring, analyzing, and There are various types of forensic auditing that can take place, and they are typically grouped by the types of legal proceedings that they fall under. Below are some of the most common examples:
• Financial theft (customers, employees, or outsiders)
• Securities fraud
• Defaulting on debt
• Economic damages (various types of lawsuits to recover damages)
• M&A related lawsuits
• Tax evasion or fraud
• Corporate valuation disputes
• Professional negligence claims
• Money laundering
• Privacy information
• Divorce proceedings
Divasprik Intelligence has specialized in Forensic Auditing and we do have experts who have more than 25+ years of experience in the Accounting field.
Renjith Warier, CA
Thanks to the team at Divasprik for the wonderful job they did, creating a beautiful website for Ernakulathappan Temple.
Karthick Sreedhar, Director
The Divasprik Team did a remarkable job creating the ICare portal and the Power BI solution. We are glad to have associated with them.
Mr. Rajesh, Director
Divasprik was involved in developing the Gyan portal and the AMS system for Level 3. You can count on them for timely delivery of quality work products.