From the raising of the indent request from the particular department till its fulfillment by the personnel department, there are many Risk factor involved which need to be paid concern and are therefore mitigated.
In IT companies, it all begins from the place of creation of requisition for an indent then it get processed and required indent is allocated to the department which created the request. The processing part may take up to 30-45 days depending upon the nature indent requested. Amidst comes various other process like preliminary scrutiny, written test, Tech interviews, HR interviews, and Background verification.
Risk Factors- (Focused on indent creation)
The above specified factor are only intended to give a glimpse about what can go wrong or who can be the wrongdoers. There can be more risky areas which are not covered above.
Identification of risk is just the beginning, what comes next is more challenging i.e. its mitigation or response to these risk.
Article by –
Anubhav Jain (CA Final),