Have you ever wondered what Level you will possibly achieve if you had to go for verification or did you implement the correct contributions, have you spent enough on skills development or did you spend procurement with the right supplier? What must you implement to achieve a competitive B-BBEE level vs your competitors?
What is a Gap analysis you ask?
A Gap analysis is using your current financial standings and structures, calculating the current standings on your B-BBEE sector calculator, which will indicate what level you will achieve as a pre-audit or giving you an indication of proposed solutions, you require to implement or identifying the shortfall your company currently have to correct and implement in your B-BBEE planning for the year or for budgeting purposes.
Let Compliance Hub do a Gap analysis for you today to ensure you are in line with the B-BBEE codes and achieving your B-BBEE Level required or to identify what your shortfalls would be and ensure they are achieved.
B-BBEE planning is a 12-month planning and monitoring process. It is not just a short time frame implementation.
Article By:
Francois le Sueur: Executive Consultant - Compliance Hub
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