Approva Corporation - Controls Intelligence Software

Approva’s Approach

Approva automates monitoring of customer and credit master data that underlie sales orders, product shipments and invoices so you have confidence that shipments are legitimate and revenue is recorded accurately.

Approva eliminates exceptions such as customers that have exceeded their credit limit, sales orders with unusual prices or discounts and changes made to invoices. You can also baseline configuration settings to identify risks such as inappropriate credit limits, orders with no credit check and products missing price controls. Identify customers with inappropriate permitted payment differences.

Key Benefits

Increased Revenue

Approva increases revenue by ensuring orders are booked and processed based on accurate customer information. This results in speedier collections and increased customer satisfaction and retention.

Improved Financial Reporting Accuracy

Approva eliminates errors at the source so that small mistakes such as incomplete sales orders, changed invoices and inaccurate customer credit information does not compound over time and create unexpected revenue recognition surprises during the financial close.

Reduced Audit Preparation Time

Approva enables you to baseline your customer and credit master data. Out-of-the box reports enable you to easily demonstrate to auditors that the master data which drives your revenue has not been compromised or changed inappropriately.