Approva Corporation - Continuous Controls Monitoring Software

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

Dashboards & Reporting

Drill down from graphical dashboards to detailed reports to quickly assess exceptions, identify trends and understand the impact to your business. Dashboards and reports are easy to configure and personalize. Reports can be delivered in multiple formats including Microsoft Excel, Adobe PDF, and HTML.

Library of Best Practice Business Rules

Analyze your order fulfillment processes with a comprehensive set of business rules and control tests that identify breakdowns, discrepancies, and potential waste or fraud. An easy-to-use graphical interface enables users to quickly create and edit business rules.

Research & Remediation

Manage and remediate exceptions directly from the Approva user interface. Exceptions can be assigned to colleagues to resolve. Collaboration features make it easy to gather information and document the resolution plan. Interfaces provide links back to your financial and payment systems so you can access the offending invoice, purchase order or related document. All collaboration information is retained for audit.

360° View of Exceptions

Rich contextual information provides a complete picture of each exception. When exceptions are found, users can easily drill down to access additional details about the exception and see related information and documents.

Monitor Key Order Fulfillment Documents & Data

Monitor and analyze sales orders, shipping, billing and invoicing documents and customer, pricing and material records. Users can easily tailor the Order-to-Cash Insight to incorporate any custom changes, objects or fields used in the accounts payable process.

Proactive Notifications

Proactively alert managers via e-mail whenever inappropriate transactions occur or critical configurations change. Users can also subscribe to regularly receive reports via e-mail.

Reduced Cash Leaks Fraud

Identify unusual credit limits, pricing discounts or missing credit controls checks so immediate action can be taken. Respond to increased enforcement of federal anti-corruption laws by knowing who you are doing business with to avoid heavy penalties and fines.

Improve Customer Satisfaction

Mistakes in the order fulfillment process cause delivery delays or billing issues that affect customer satisfaction. Eliminate duplicate sales orders, ensure accurate pricing, and review invoice changes for early detection of potential issues.

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.