INTERNAL CONTROLS
Every firm needs internal financial controls to improve accuracy and lower the risk
of fraud. Ajera provides role-based security levels to allow firms to implement and follow industry best practices for financial
management.
Audit Control
Ajera provides complete audit trail capability to track and manage entries, audit
histories, and identify patterns in errors for easy correction. For every transaction
and change made, Ajera generates a session journal to provide a comprehensive record
from the beginning of the original transaction. Each session journal tracks where
in the software a change was made, by whom (based on login ID and password), which
computer, and at what time. The session also captures the essence of the transaction
as well as all of the credit and debit entries made as a result. The session journals
are both cash and accrual and allow you to:
- Quickly identify entry errors
- Recognize patterns of the entry errors
Separation Of Duties
Many firms don't separate accounting responsibilities which heightens the risk for
significant financial fraud. Ajera gives you the ability, through security settings,
to separate duties such as bank register management from cash receipts. The separation
of duties makes it very difficult for one person to commit fraud without including
another individual.
For more information about our Ajera solution, sign-up for an Internet Presentation or contact our Sales Team at 800.872.1540 or sales@axiumae.com.
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