Approva identifies, defines and monitors for risks and controls. Automates control testing, tracks results and trends, exposes exceptions and violations and enables you to investigate and take action.
Key Risk and Performance Indicators, Dashboards and Reporting: Track KRIs and KPIs and automate management reporting with configurable dashboards and reports personalized for each role or user. Score risks to quickly understand the financial impact and risk of each exception so you can prioritize follow-up.
Risk Identification and Management: Inspect 100% of your data and transactions. Automatically identify exceptions as they occur. Alerts ensure issues are addressed immediately. Manage exceptions, assign them and collaborate with others via email. Track progress and follow-up via dashboards and reports.
Detailed reporting for auditors: Streamline external audits with detailed audit reports that provide information about the access review process, the status of who has access to critical business systems, and an audit trail of access approvals. Drill down to view related information and quickly identify the root cause of each exception.
Best practice business rules: Use out-of-the-box rules to immediately assess financial processes. Easy-to-use graphical interfaces enable finance managers to write and update rules tailored to specific business needs.