Safeguard your business with Prepsmart

To grow and develop sustainably, operators must find the perfect balance between thriving now and safeguarding their future through effective compliant practices.

What is Prepsmart?

Prepsmart is the new way of evaluating your business for regulatory compliance which takes a holistic, agile and individualised approach.

It offers a range of solutions to address the challenges faced by the modern gambling business. From “The Full Prep” to the “The Quick Prep”, and all the packages in between, you’ll find the perfect Prep for your needs. Each evaluation results in much more than a report, you’ll be provided with a uniquely formatted strategy to help you optimise your compliance framework.

Take a look at our packages, each one is fully customisable to meet your needs.

The Packages

For operators who need to gain an in-depth picture of the effectiveness of their compliance programme, this package will look at the full requirements of the LCCP (Licence conditions and codes of practice) and associated regulations.

Using targeted sessions which will engage key people within your organisation in the process, we will look at a wide range of risk areas and help find where your focus should lie when developing and improving your compliance programme.

‘The Full Prep’ will typically evaluate the content and implementation of policies and procedures, adequacy of current risk assessments, training delivery and effectiveness, depth of staff knowledge, compliance culture, reporting processes and customer account activity but will also look at the barriers and challenges to compliance faced by your specific sector of the gambling industry.

As with all packages, our focus will be on identification of the key risks and on helping you put proactive solutions into place to address our findings.

Typical duration: 10 – 14 days

With the focus purely on the information available within the customer profiles, this package will help find whether you are taking a truly holistic approach when assessing the risk levels of customers within your database.

Dip-sampling of customer profiles is becoming a critical part of an effective compliance assurance programme and will become increasingly important as digital customer profiles become more sophisticated and complex.

Not only can we offer ‘The Account Prep’ as a single, one-off package, but we can commit to a regular programme of independent reviews, at a frequency to suit your business needs.

Typical Duration: 5 – 7 days

There are some key themes within gambling regulation which it is essential to focus on. ‘The Themed Prep’ will take an in depth look at the risks and vulnerabilities in a specific area such as Safer Gambling, Responsible Marketing, Anti-Money Laundering etc. and conduct a compliance health check, specific to your business and to the unique challenges presented.

This package may be suitable for those operators who have recently identified failings or those who lack particular knowledge and would like to upskill key staff and develop assurance that they are on the right track.

Typical Duration: 8 – 10 days

Built with speed and efficiency in mind, ‘The Quick Prep’ will help operators determine whether there are any immediate compliance concerns and risks. Perhaps after a new senior hire, during the implementation period of a significant new process or in advance of an upcoming audit or assessment.  

This package can be available at short notice, will use very targeted discussion sessions and will quickly define critical areas of focus so that action can be taken swiftly to address any concerns.  

Typical duration: Between 1 – 5 days

This package is invaluable for a range of businesses who require the full extent of our knowledge and experience to provide assurance that they have built an effective compliance programme before becoming operational.

This package is also suitable for those preparing to enter new regulated markets and jurisdictions and to support the licensing application process. It can involve activities such as policy drafting assistance, governance framework advice, developing and delivering staff training and help in identifying specific risks faced by your business venture.  

Typical duration: up to 4 weeks

The Packages

The Full Prep

For operators who need to gain an in-depth picture of the effectiveness of their compliance programme, this package will look at the full requirements of the LCCP (Licence Conditions and Codes of Practice) and associated regulations.  

Using targeted sessions which will engage key people within your organisation in the process, we will look at a wide range of risk areas and help find where your focus should lie when developing and improving your compliance programme.

‘The Full Prep’ will typically evaluate the content and implementation of policies and procedures, adequacy of current risk assessments, training delivery and effectiveness, depth of staff knowledge, compliance culture, reporting processes and customer account activity but will also look at the barriers and challenges to compliance faced by your specific sector of the gambling industry.

As with all packages, our focus will be on identification of the key risks and on helping you put proactive solutions into place to address our findings.  

Typical duration: 10 – 14 days

The Account Prep

With the focus purely on the information available within the customer profiles, this package will help find whether you are taking a truly holistic approach when assessing the risk levels of customers within your database.

Dip-sampling of customer profiles is becoming a critical part of an effective compliance assurance programme and will become increasingly important as digital customer profiles become more sophisticated and complex.

Not only can we offer ‘The Account Prep’ as a single, one-off package, but we can commit to a regular programme of independent reviews, at a frequency to suit your business needs.

Typical Duration: 5 – 7 days

The Themed Prep

There are some key themes within gambling regulation which it is essential to focus on. ‘The Themed Prep’ will take an in depth look at the risks and vulnerabilities in a specific area such as Safer Gambling, Responsible Marketing, Anti-Money Laundering etc. and conduct a compliance health check, specific to your business and to the unique challenges presented.

This package may be suitable for those operators who have recently identified failings or those who lack particular knowledge and would like to upskill key staff and develop assurance that they are on the right track.

Typical Duration: 8 – 10 days

The Quick Prep

Built with speed and efficiency in mind, ‘The Quick Prep’ will help operators determine whether there are any immediate compliance concerns and risks. Perhaps after a new senior hire, during the implementation period of a significant new process or in advance of an upcoming audit or assessment.  

This package can be available at short notice, will use very targeted discussion sessions and will quickly define critical areas of focus so that action can be taken swiftly to address any concerns.  

Typical duration: Between 1 – 5 days

The ‘Pre-emptive’ Prep

This package is invaluable for a range of businesses who require the full extent of our knowledge and experience to provide assurance that they have built an effective compliance programme before becoming operational.

This package is also suitable for those preparing to enter new regulated markets and jurisdictions and to support the licensing application process. It can involve activities such as policy drafting assistance, governance framework advice, developing and delivering staff training and help in identifying specific risks faced by your business venture.  

Typical duration: up to 4 weeks

The Benefits

empowers you and your team
$99.99
Our process places emphasis on effective engagement with your team to encourage open and transparent discussion.
It’s informal, we’ll be leading the evaluation, and you can ask for our opinion and we will share our knowledge in an encouraging, confidential, and positive environment.
Uses a variety of techniques to deliver results
$99.99
The Prepsmart approach utilises several different techniques to test and sample your processes, procedures and understanding. Each technique is an important building block in the quest to find the answers you really need around how your compliance framework is really performing.
Our consultants come from diverse backgrounds and have invaluable, extensive experience as both the 'inspector' and the 'inspected'.
MUCH MORE THAN A STANDARD REPORT - WE WON'T LEAVE YOU GUESSING HOW BEST TO ADDRESS OUR FINDINGS
$99.99
It considers how we can support you to implement our recommendations and create the materials which you’ll need to address any risks identified.
Need an action plan? We have practical industry knowledge which we’ll use to help you create it.
Need specific training materials to deliver asap? We can deliver bespoke training based on what we’ve identified so you can get to work on putting things right immediately.
Enables you to stay one step ahead
$99.99
We aim to futureproof your business by giving you a deeper understanding of how to stay ahead of the game when it comes to regulatory compliance for the long term, not just at one point in time.

So, are you ready to safeguard your business and become ‘Prepsmart’?

Contact Us