- **Definition**: BizControl involves the systems and practices that manage and optimize business operations.
- **Purpose**: It ensures effective resource allocation, compliance, and risk management.
- **Financial Oversight**: Monitoring budgets and financial performance to enhance profitability.
- **Risk Management**: Identifying and mitigating potential risks to safeguard the organization.
- **Performance Tracking**: Utilizing KPIs to measure progress and inform decision-making.
- **Operational Efficiency**: Streamlining processes to reduce waste and improve productivity.
- **Compliance**: Ensuring adherence to regulations and internal policies to minimize legal risks.
- **Continuous Improvement**: Fostering a culture of innovation and adaptability to changing environments.