Efficiency improvements

uses identical smart coding to connect documents and tasks. It supports audit trail, version control etc. This solution offers you the perfect process support for Planning and Control and you effectively realise quality assurance and independence from personal decisions.

Efficiency improvements

• Decreases hidden costs associated with finding documents
• Connects documents and tasks by a smart coding system
• Enables quality assurance by the document - task connection
• Supports COSO's internal control over internal reporting
• Tasks for reporting, budget and forecasts are based on accountancy best practices
• Connects documents and tasks by a smart coding system
• Identical smart coding for budget, reporting and forecasts
• The Financial Suite websites have an immediate ROI
• No worries about time differences: reports available round the globe, round the clock
• RSS feeds and alerts give immediate information on task completion and/or document upload

Planning and Control processes.

The efficiency improvements are listed below as impact.

Impact

• Document storage is no longer depending on individual decisions
• Easy transfer of tasks and documents to new/other employees
• Sending documents files by e mail within planning and control department are made redundant.
• Quality assurance improvement is achieved.
• Quick and well documented budget, forecast reporting cycles are quickly available
• The RSS feeds and alerts warn you in e mails about document or task completion.
• No more cleanup actions of the shared network drives.
• Communication with auditors becomes a lot easier and will save money.
• A reduction of the auditor costs by showing the internal control on reporting(COSO)