audit software-CashFlow Guardian Enterprise version
Product Details
CashFlow Guardian Enterprise version is our networked version of the application. It requires the purchase and implementation of Microsoft SQL Server and runs in a client-server
mode. The number of CFG users is only restricted by your MS SQL licensing. The version includes our continuous monitoring capability and customized workflow.
The key features are grouped in five functional areas or modules. The following describes the features by functional area:
Continuous Monitoring
The CFG Data Gateway is the first component of the CFG Continuous Monitoring feature. It is used for server installations where CFG is automatically importing data files. The
Data Gateway allows CFG to evaluate and organize data files before the import process. The Data Gateway will cleanse improper formats and data types that would prevent a data file from
loading properly. It also evaluates the completeness and to some extent the accuracy of the data. This enables CFG to import files from disparate systems with formatting issues
without requiring the client to reengineer their extraction process.
The CFG Data Manager is the second and final component of the CFG Continuous Monitoring feature. It is used for server installations where CFG is automatically
importing, exporting and archiving data files. The Data Manager allows CFG to control the timing of data and key processes like business rule processing in an automated fashion. CFG's
continuous monitoring capabilities give an organization real time protection against financial leakage and internal control weaknesses.
Business Rule Wizard
CFG includes over fifty standard business rules that end-users can deploy or customize with the Business Rule Wizard. Business Rules can easily be constructed and tested against subsets
of data in the Business Rule Wizard before applying against a full data set in production. Rules can be ranked by severity to focus an auditors work to the most severe infractions related
to greatest control weakness and potential for recovering overpayments. The following are examples of how business rules are used to analyze data.
- Review transactions for accuracy and completeness
- Test the effectiveness and efficiency of internal controls
- Test the effectiveness and efficiency of policies and procedures
- Trend data to discover unusual transactions
- Calculate statistics and performance measures
CFG Core
With CFG, users have the ability to adapt the interface, Active Grid, to meet their needs. Users can view data in a spreadsheet like grid. The user can sort, order and modify the
number of columns displayed in the grid view by utilizing the Column Wizard. The view can be saved in the wizard and shared with other users.
The Active Grid simplifies data analysis functions like filtering. The Quick Filter dynamically changes filter options based on data formats like text, dates and numbers. The
Quick Filter contains filters for ranges and missing data eliminating function building like other spreadsheet applications.
CFG's hierarchical or parent/child relationships allow the user to select a vendor and Drill Down to the vendor's invoice detail. CFG's drill down capabilities effectively organizes
data to enable users to work efficiently with identified infractions. These views can be saved as Workspaces, so that users can return later to do further research with one click of the
mouse.
Reporting
CFG has a wealth of standard and customized reporting options. Every time a view is created for a business rule, a corresponding report is generated with properly formatted header,
footer and body. Additionally, standard reports are typically developed during implementation to display client specific data.
In addition to standard reporting, CFG has the ability for Dynamic Reporting by adapting the user interface to allow users to choose the best way to view and work with data, as well as
report on it. Utilizing the Column Wizard, the grid view can be customized and formatted for dynamic printing. The size and style of text in the view can be modified to enhance the
presentation of reports. The reports can also be exported to Microsoft Excel for additional modification or formatting.
CFG also includes several Dashboards that summarize the status of the project and key performance indicators. The Dashboards report on data load statistics, the progress of resolving findings and auditor performance. Dashboards can be customized to report spend analytics and other desired key performance indicators.
CFG also includes several Dashboards that summarize the status of the project and key performance indicators. The Dashboards report on data load statistics, the progress of resolving findings and auditor performance. Dashboards can be customized to report spend analytics and other desired key performance indicators.
Workflow
With CashFlow Guardian, actions can be assigned to findings. Users follow a predefined workflow that can be customized by client. Users annotate and assign findings for supervisor review. Users can use standard or custom forms such as claim forms, claim summaries and detail reports to forward to outside sources. Reports, scanned documents and electronic files can be attached to findings and viewed from CFG. CFG also exports approved claims to files that are formatted for import into most major ERP systems. The data grid and reports can be filtered or sorted by action status. Additionally, CFG has a standard dashboard that reports KPIs related to the action status of findings.
With CashFlow Guardian, actions can be assigned to findings. Users follow a predefined workflow that can be customized by client. Users annotate and assign findings for supervisor review. Users can use standard or custom forms such as claim forms, claim summaries and detail reports to forward to outside sources. Reports, scanned documents and electronic files can be attached to findings and viewed from CFG. CFG also exports approved claims to files that are formatted for import into most major ERP systems. The data grid and reports can be filtered or sorted by action status. Additionally, CFG has a standard dashboard that reports KPIs related to the action status of findings.
CashFlow Guardian Enterprise version is our networked version of the application.
- Type:Networking & Server
