Order-to-Cash Insight
Continuously Monitor Revenue-Related Controls
- Product Overview
- Key Benefits
What is Order-to-Cash Insight?
Order-to-Cash Insight reduces risk and improves the overall efficiency of your sales, billing, shipping and revenue recognition processes. It flags unusual and inappropriate settings and transactions so you have confidence that all of your sales orders and shipments are legitimate and revenue is recorded accurately.
Order-to-Cash Insight Software Capabilities
Best Practice Business Rules & Content
Gain immediate visibility into your order-to-cash process with out-of-the-box content. Rules are managed in rulebooks and can easily be edited, locked, and assigned an owner. Easy to use graphical interfaces enable business users to update and write new rules.
Detailed Monitoring of Order-to-Cash Controls
Continuously monitor order-to-cash related configurations, master data, and transactions. Baseline best practices and identify exceptions such as incomplete sales orders, unusual prices, and changed invoices.
Automated Reporting
Automate reporting with pre-configured business friendly reports that provide detailed information. Reports are easy to configure and can be delivered in multiple formats including Microsoft Excel, Adobe PDF, and HTML.
Proactive Notifications
Proactively alert appropriate managers via e-mail whenever inappropriate transactions occur or critical configurations change. Users can also subscribe to regularly receive reports via e-mail.
Reduced Fraud & Mistakes
Stop duplicate sales orders, inappropriate pricing, and changed invoices. Identify unusual credit limits or missing credit controls checks so immediate action can be taken.
Improve Effectiveness of Order-to-Cash Controls
Replace manual sampling with automated, comprehensive monitoring. Quickly identify any important configuration changes to reduce the likelihood of mistakes and improve the process efficiency.
Reduce Audit Preparation Costs
Eliminate time spent running reports, documenting approvals and investigating anomalies. Automate the monitoring of controls and the associated documentation so an audit trail is maintained.
Additional Product Resources
An investment in a continuous auditing software application that sniffs out errors in masses of A/P, travel & entertainment (T&E), or general-ledger transactions is routinely recouped in less than a year.
- Business Finance Magazine, Continuous Auditing Is Here to Stay