Process Optimizer
There is a strong link between the enhanced internal controls that are today demanded of enterprises, as per industry regulations, and the information systems of that enterprise, which manage data, implement workflows, and automate business processes. At the base, are the multitudes of transactions undertaken by enterprises, which essentially drive this complex business cycle.
Azilon’s Process-Optimizer is used successfully by enterprises to improve the quality and efficacy of these transactions. This product manages the efficacy of the complete transaction by IT-enabling manual processes, establishing auto controls, validations and verifications embedded within each step of the processes. Usually, business transactions are conveyed through the manual or electronic media over to the ERP system. The Process-Optimizer acts as an invaluable tool by conducting validation and control checks on these incoming transactions. It monitors the various control points on a continuous basis and provides analytics and reports to manage any customer queries or exception handling. In case of exceptions, the exception records are sent to the exception management to process them and make them compliant as per the policy and the data. On successfully completing the validation, the Process-Optimizer then allows these transactions to be registered in the ERP system. In addition, it also provides a configurable rule engine which allows the organization to configure the control and build new controls based on the policy of the organization.
Azilon’s Process-Optimizer is crucial for organizations who want to build a common technology platform and a unified database to facilitate standardized and automated processes, which are also integrated with the ERP system. The results are a significant improvement in the organization’s customer service efficiency and also a marked increase in the consistency associated with Sarbanes-Oxley compliance, general compliance, internal audit and risk management initiatives.
Key Benefits
- Helps enterprises gain a sizeable improvement in the transaction efficiency
- Marked enhancement in the quality of transaction processing
- A unified platform for processing transactions
- Substantial improvement in the speed and quality of customer service
- Real time checks with the help of in-built compliance checks being conducted while transactions are being performed
- Prevents erroneous data from being registered in the ERP system
- Maintenance of a relatively accurate ERP system
Salient Features
- Provides a powerful exception management system which combines the analytics and configurable workflow system
- Allows real time automated data validation and automated control checks
- Offers a dynamic workflow to manage the exception
- Allows automated data registration in the ERP system
- Provides a configurable rule engine which allows the organization to configure the control and build new controls based on the organization’s policy
- Automates and integrates transactions processes with the ERP system
- Monitors business transactions in real-time to limit noncompliance
- Helps to effectively mitigate risk and lower costs
- Improves efficiency and consistency associated with Sarbanes-Oxley compliance
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