Products in the high-tech industry often travel across multiple international borders. Weak Internal Controls in underlying systems are prone to revenue leakage through fraud, errors and mismanagement. Organisations are subject to additional losses through penalties if revenue recognition method doesn’t comply with guidelines issued by FASB, IASB…
How Can SafePaaS Help?
SafePaaS Continuous Controls Monitoring Service included industry specific advanced controls for ERP business applications such as Oracle E-Business Suite and PeopleSoft to continuously monitor across Procure-to-Pay, Order-to-Cash and Hire-to-Retire processes.
Advanced controls can detect risk incidents ensuring data quality and provide feedback on key performance metrics across entire process. Improve checks and balances, identify process efficiency opportunities and prevent revenue leakage and mitigate impact of supply chain disruption.
SafePaaS Transaction Monitor can leverage Advanced Controls to investigate recovery opportunities to improve revenue generation, margins and profitability.
SafePaaS Roles Manager can improve employee productivity and retention by enabling you to design business application roles leveraging a pre-configured catalogue of roles which match employee job roles and comply with SOD.