Accounting
IntelliChief Analytics Adds Accounts Payable Automation of Audits
IntelliChief Analytics facilitates AP automation of internal and independent audits, providing access to all transactional documentation, organized and searchable by any criteria. This capability enables rapid review by auditors through a dedicated ...
Jul. 26, 2016
New features for Accounts Payable automation of audits has been added to IntelliChief Analytics, a multi-system supporting business intelligence platform enabling complete visibility to live documentation in IntelliChief ECM and all integrated business systems, with on-demand reporting.
IntelliChief Analytics facilitates AP automation of internal and independent audits, providing access to all transactional documentation, organized and searchable by any criteria. This capability enables rapid review by auditors through a dedicated workstation, decreasing time required per audit. Fiscal and resource savings are achieved through:
- Reduction of both company staff’s time sourcing documentation from on- and off-site storage, and costs incurred in making information readily available to auditors when requested, and
- Avoiding audit projects extending projected timetables and budgets, eliminating the unnecessary overages incurred awaiting information access for audit completion.
Through IntelliChief Analytics, both internal and independent auditors are able to report on key data sets beneficial to relay their findings in formats accessible to management, advisor, financier and investor audiences. Scalable dashboards deliver convenient self-service analytics reporting for each audit, visualizing data intuitively with drop-and-drag simplicity. All reports may be scheduled, shared and archived in the user’s choice of electronic file format.
IntelliChief Analytics’ versatility provides users with customized reporting views, on any data facet, based on their regulatory environment, company culture, business processes and presentation preferences, all leading to ability for exploration and action on insights.
IntelliChief ECM provides a smooth, automated transition from costly manual document management and workflow functions. Its industry-awarded automated capture, document management, workflow and real-time analytic visibility enables users to capture documentation in any format, index contents and validate with data in their enterprise resource planning system (ERP) and line of business applications, for lifecycle-managing all related documentation, facilitating optimized interdepartmental processes workflow automation and cash flow optimization.
Areas of use include Accounting (both Accounts Payable and Accounts Receivable), Finance, Customer Service, Human Resources, Legal, Logistics/Distribution, Operations and other paper and process-intensive departments, supporting process time and cost savings throughout organizations.