Governance for Energy Industries
Energy companies manage complex operational and financial accounting requirements, complicated processes and ownership arrangements. This increases the risk of timely and accurate financial disclosure. Energy companies must manage complex operational and financial accounting requirements and complicated processes and ownership arrangements which increases the risk of timely and accurate financial disclosure. Many companies rely on multiple business applications and custom solutions to support their operating environment, and achieve their strategic goals. SafePaaS solutions enable energy companies to optimize business process and improve enterprise risk management.
With effective controls, companies can achieve higher return on assets to maximize shareholder value, gain greater efficiencies and scalability, and improve their users’ productivity. SafePaaS Procure to Pay controls mitigate risk in the entire procure-to-pay (P2P) business process to achieve control objects for P2P Business Process Owners, Control Owners, auditors, and IT managers.
SafePaaS can help you:
- Optimise business processes
- Improve enterprise risk management
- Help you achieve higher returns on assets
- Improve user productivity
- Mitigate risk in the entire procure-to-pay business process
- Achieve control objects for P2P Business Process Owners, Control Owners, Auditors and IT Managers
- Improve user productivity
Recommended Resources
Enterprise-wide Access Governance
Control fine-grained identity access rights embedded in security roles to meet rapidly changing technology needs, compliance regulations, and cyber threats. Across all Cloud SaaS as well as on-premise applications based on fine-grained policies.
Controls Monitoring
MonitorPaaS™continuously monitors business activities within your enterprise applications. Process improvements can be made by enforcing consistent application setup and operating standards. For example, notify the Payables Manager if a key application configuration, such as 3-way-match for AP invoice payments, is changed.
Secure Data Integration
DataProbeETL™ is a versatile ETL tool that provides secure and encrypted data integration services to extract, transform and load data into SafePaaS from external data sources, including on-premises and cloud enterprise applications, as well as IDM and ITSM systems. You can rapidly integrate widely deployed enterprise applications using meta-data objects included with DataProbeETL™ as well as add new data sources using the object management capabilities that include data discovery and sampling methods.