How Elevate Advisory Partners Transformed Sintech’s B-BBEE Strategy

When Sintech sought expert guidance in maintaining their B-BBEE compliance and advancing their transformation strategy, they turned to Elevate Advisory Partners (Elevate). Having previously worked with Adriani, Maxine Wasmuth-Regnart, Head of Finance and HR at Sintech, knew the value that the Elevate team could bring. This case study explores their experience, from initial engagement to measurable success.

About Sintech

Sintech supplies, delivers, and services Original Equipment to industries such as mining, off-highway, industrial, and wind energy. As Head of Finance and HR, Maxine oversees crucial business functions, including B-BBEE compliance and transformation.

Challenges Before Partnering with Elevate

Unlike many businesses struggling with BEE compliance, Sintech’s transition to Elevate was smooth due to their prior relationship with Adriani and her team. However, before working with Elevate, they faced challenges due to misguidance regarding true transformation and a lack of knowledge. 

The Elevate Approach: A Seamless Transition

Initial Engagement and Onboarding

Sintech’s first meeting with Elevate set the tone for their partnership. Maxine described the experience as organized, clear, and engaging. The introduction process was smooth, making it easy for the team to align their goals with Elevate’s strategic approach.

Information Gathering & Compliance Strategy

One of the key strengths of Elevate’s approach was their structured and informative method of gathering data and identifying gaps. The team provided clear guidance, ensuring that Sintech’s B-BBEE goals were met efficiently.

When it came to understanding the B-BBEE Codes, Maxine highlighted Elevate’s ability to share brilliant, clear, and decisive information, making the process seamless for their business.

Strategic Development & Action Plan

Elevate developed a tailored strategy for Sintech, which provided the business with peace of mind and a clear vision. The recommendations aligned with Sintech’s long-term goals, ensuring that each compliance element was pursued with clarity and purpose.

Implementation and Results

The implementation of strategies was described as seamless, well-supported, and highly informative. Notably, Sintech saw major improvements in their procurement strategy, achieving 100% on this element.

Additionally, through Elevate’s guidance, Sintech experienced cost savings by having a clear focus on necessary investments, preventing unnecessary spending and optimising compliance-related expenses.

Live Performance Tracking and Compliance Monitoring

Continuous performance tracking is a critical aspect of B-BBEE compliance and Elevate delivered with 100% efficiency. Sintech was consistently kept up to date, never having to inquire about deadlines or regulation changes because Elevate was always ahead of the curve in sharing necessary updates.

Verification and Final Outcomes

Elevate’s support through the SANAS B-BBEE verification process was exceptional, with the team exceeding Sintech’s expectations. The verification experience was seamless, with unwavering support throughout the process, ensuring Sintech met all necessary compliance requirements with confidence.

What Sets Elevate Advisory Partners Apart?

For Sintech, the most significant differentiator was Elevate’s commitment and dedication to understanding their business. The personalized approach and attention to detail ensured that the relationship went beyond just compliance—it became a true business partnership.

Advice to Other Business Owners Considering Elevate

For businesses hesitant about working with Elevate, Maxine offers reassurance: “Change can be daunting, however, with Elevate Advisory Partners at your business’s side, rest assured they will bring you peace of mind and clarity in terms of your B-BBEE compliance.”

Conclusion

Through Elevate Advisory Partners, Sintech’s successfully streamlined their B-BBEE compliance strategy, ensuring clarity, efficiency, and cost savings. Their ongoing relationship with Elevate continues to provide the business with confidence in their compliance efforts.

For businesses looking for expert B-BBEE guidance and a team that truly understands transformation, Elevate Advisory Partners is the clear choice.

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