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Date(s) - 04/15/2015
2:00 pm - 2:30 pm
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Financial Controls2In this short 30-minute presentation we will demonstrate how our Process Digitalization methodology along with our Agile Business Process Improvement solutions significantly improve financial controls. For the purpose of this presentation as an example, we’ll demonstrate customer credit limit change requests. This process is for all new customers and existing customers that need increases to credit limits based on pending orders. Many organizations choose to review existing customer credit limits periodically. In this example, we’ll demonstrate how after the review, if a credit limit change is needed, a process form is completed electronically and routed for approval. If the request is approved, the new credit limit is automatically updated in your ERP solution.

We’ll also demonstrate the routing and approval of supplier information such as remit-to addresses, and financial institution information for payment processing. You’ll see how process forms with the applicable information is routed to the appropriate individuals for approvals, prior to process changes being implemented.

Recently implemented, these process changes have greatly enhanced and have significantly helped to increase compliance in otherwise tedious, disordered procedures. We hope you’ll join us…!

Click here to view this weeks webinar.