Approva Corporation - Continuous Controls Monitoring Software

What is General Ledger Insight?

Automate controls monitoring for your general ledger process. Flag unusual journal entries, inappropriate changes to the chart of accounts, and high risk configurations that can directly affect your financial statements.

General Ledger Insight Software Capabilities

Automated Reports & Dashboards

Business-friendly, pre-configured reports and dashboards provide detailed financial information. Reports are easy to configure and can be delivered in multiple document types and sent over email. Advanced analytics provide ad-hoc and custom reporting ensuring you see only the data you care about.

Best Practice Business Rules

Use out-of-the-box rules to immediately assess financial processes. Easy-to-use graphical interfaces enable finance managers to write and update rules tailored to specific business needs.

Proactive Alerts

Managers have immediate access to financial control information. Automatic alerts notify managers as exceptions occur. Users can subscribe to receive regular reports via e-mail.

Remediation and Email Collaboration

Quickly resolve business exceptions and document closure activities while maintaining a complete audit trail. Reassign or collaborate with colleagues over email, while capturing the discussion within BizRights.

360° View of Exceptions

Contextual information helps you make more informed decisions. Drill-down and drill-around to see more detailed and related information on your business exceptions.

Detailed Monitoring of General Ledger Controls

Monitor general ledger master data and configuration settings as well as general ledger transactions related to fixed assets, depreciation, subledger data uploads, journal posting periods, threshold amounts, reconciliation, period-end close, reporting, and more.

Reduced Fraud & Mistakes

Lower the potential for financial restatements by identifying fraudulent or inappropriate transactions as they occur so immediate action can be taken.

Policy Enforcement

Automate controls for the general ledger process and flag transactions and users that circumvent defined procedures without slowing down the close process.

Reduce Audit Preparation Time

Eliminate time spent running reports, documenting approvals and investigating anomalies.

Accelerate the General Ledger Process

Close the books faster by identifying and resolving issues more quickly. When issues arise, rule authoring capabilities support fast, detailed analysis.