Cash Management and Treasury Controls
Automate controls to improve cash management
Approva’s Approach
Approva’s Controls Intelligence Suite automates controls over cash flows. With continuous controls monitoring over cash collections and disbursements, organizations can reduce risk and improve visibility into cash management, helping optimize liquidity. Automated controls identify risks and weaknesses in the payment or collection cycle and proactive alerts allow managers to take action without delay.
Key Benefits
Improve control and management visibility across cash and bank processes
With automated controls and continuous monitoring, managers have a comprehensive and timely view into cash inflows and outflows. With proactive alerts, managers are notified of any early risk indicators in time to take appropriate action. Controls Intelligence provides greater visibility and better control over cash management, without slowing down business processes
Reduce risk of mistakes and fraud across cash management processes
Automated controls and continuous monitoring strengthen the effectiveness of controls over cash management processes. This improved Controls Intelligence reduces your organization’s exposure to fraud and mistakes.
Improve efficiency of cash management processes
Continuous controls monitoring over cash collections and disbursements can identify inconsistencies in processes across teams and can help ensure corporate policies are consistently followed. Best practices can be identified quickly and implemented broadly resulting in improved efficiency of cash management processes.