Baltic Synergia Consulting
Education

An audit is not a tax inspection – stop being afraid of it

By Tomasz Adamski, Managing Partner·October 22, 2024·6 min read

Most factory owners in Pomerania react to the word audit with a sharp jump in blood pressure. It is associated with men in suits looking for errors to issue a fine or scold an accountant. At Baltic Synergia Consulting, we approach it differently – we check where your money is escaping from the plant, because we know every screw in the production budget.

Fear has big eyes, but the budget has real holes

Many production bosses around Gdańsk or Elbląg think an audit is just another name for reporting to the tax office. This is a mistake that costs real money every month. The truth is that the internal audit we do aims to protect your wallet, not to find someone to punish. When we enter a company that employs 47 people and deals with metal processing, we aren't interested in regulations, but in cash flows. We look for holes in everything because we know that small leaks in the margin can sink even a stable business.

Last year, we worked with a plant in Tczew where the owner had been afraid of an inspection for 3 years. When he finally let us in, it turned out that on poor waste management alone, he was losing 3,200 PLN a week. No one sued him – we simply tightened the process and that money stayed in the company. An audit is a tool for a smart boss who wants to know where he stands. Numbers must add up, and without an objective look from the outside, it's easy to overlook obvious errors that accumulate summer and winter.

You must understand that an auditor from the outside sees what you and your employees have already grown accustomed to. It's called shop blindness. If you've been ordering lubricants from the same supplier for 6 years without checking market prices, you're probably overpaying by 14-19%. We will catch that in the first two afternoons of our work. We don't judge your people, we judge facts and invoices. It's pure mathematics applied in tough market conditions.

An auditor is not a policeman. He is more like a mechanic who checks why your company's engine is using too much oil.

We will find every screw that is overpaying

At Baltic Synergia Consulting, we don't play with theoretical charts that no one understands. Our process is simple: we go onto the shop floor, look at the machines, and check the papers. In one factory near Gdynia that produces agricultural machinery parts, the audit showed that 8% of material was wasted due to the wrong setting of one guillotine. The operator knew about the problem, but no one asked his opinion. We asked. The result? Savings of 5,400 PLN per month with an investment in repairing the machine that paid for itself in 11 business days.

We know every screw in the budget because we ourselves come from industry, not from air-conditioned office buildings in Warsaw. We talk to people at the machines and with the ladies in HR. It often turns out that the overtime you pay results from poor internal logistics planning, not from an excess of work. In 83% of cases we studied last quarter, it was enough to move two workstations closer together to shorten internal transport time by 22 minutes on each shift.

Numbers must add up, so each of our reports ends with a specific amount you can recover. We don't write about growth potential; we write about real cash. If an audit costs 4,000 PLN and we find errors worth 12,000 PLN a year, then the decision to cooperate is the simplest thing you'll make this month. Pragmatism is our middle name, and northern Poland is our turf where there is no room for fluff.

We will find every screw that is overpaying

Trust is built on hard data

Many entrepreneurs fear an audit will expose their mistakes as managers. That's nonsense. Running a factory is a battle on many fronts at once – raw materials, electricity, people, taxes. It's impossible to watch everything personally 24 hours a day. Our role is to be your extra eyes. Honorable cooperation pays off, which is why we play with open cards. If everything is fine in your finances (which happens rarely, but does happen), we will tell you straight and won't invent problems for the sake of it.

We currently cooperate with 47 active clients from the Pomeranian and West Pomeranian Voivodeships. Most of them started with mistrust. Today, they call us before every major investment in the machine park. Why? Because they know we look for holes in everything not to catch them out, but to protect them from getting into an unprofitable loan or lease with hidden costs in the 4th year of the agreement.

Remember that an auditor is a partner. At Baltic Synergia Consulting, we don't judge you as a person. We look at your company as a system of interconnected vessels. If water is escaping from one, the whole pressure drops. We simply show where a gasket needs to be placed. This is the concrete instead of theory today's industry needs. Without unnecessary words, without beating around the bush – just hard data and real solutions for your business.

We look for holes in everything because only then can you build a foundation that won't crack at the first crisis.

Northern pragmatism in action

We act locally because we understand the specificity of Pomerania. Here, people value concrete results. If we say the audit will take 4 days, it will take 4 days, not two weeks. Our team consists of 5 specialists who aren't afraid to step onto the floor in work boots to check the document flow between the warehouse and accounting. Often that's where the biggest bottlenecks occur. In one plant in Starogard Gdański, fuel invoices lay in truck cabs for an average of 18 days before being processed. This generated a VAT mess that cost the company 2,100 PLN in fines in just one half-year.

Concrete instead of theory also means our reports are written in simple language. We don't use difficult terms to sound smarter. If we see your bonus system promotes laziness, we'll name it. If your accountant is afraid of modern invoicing software, we'll show you how much time they waste. We're here to make your business leaner and more resistant to risks that lurk around every corner in production.

We know every screw in the production budget, from energy costs to rates for waste removal. This allows us to compare your expenses with other companies of a similar scale in the region. If you pay 30% more for site security than your neighbor over the fence, something is wrong. We know this because we have data from 156 projects delivered over the last 8 years of activity. This is knowledge you can't buy in a bookstore – it's experience from hundreds of hours spent in the backrooms of Pomeranian factories.

First steps to order in finances

How to start without turning the company upside down? Best to take a small step. You don't have to order a full operational audit right away. We can start by reviewing one product line or one department, for example, logistics. This will allow you to see how we work and convince yourself we don't bite. Usually, such a preliminary audit takes us about 6-8 hours of on-site work and another 8 for document analysis in our Gdańsk office on Długi Targ.

Most of our clients decide on permanent cooperation after the first such analysis because they see it simply pays off. Numbers must add up – if you invest 2,800 PLN in our knowledge and we point out savings of 900 PLN a month, you're already in the black after three months. This is mathematics that every entrepreneur working hard for success understands. We don't promise miracles; we promise reliability and watching over your money.

Last quarter, we closed 7 analyses that proved: audit and risk assessment protect against operational losses. With current energy price volatility, your factory must maintain full control over manufacturing costs. We will help you optimize these indicators. Instead of generalities, you will receive a list of critical control points and a specific repair plan for your finance department.