Azilon’s Control Enforcer is
an automated solution that enforces policies on a
real time basis by deploying mitigating controls and
reducing the risk of fraudulent transactions through
compensating controls. In organizations, transactions
are usually executed either directly by users or through
EDI media. The Control Enforcer intercepts these transactions
on a real time basis, checks for any violations and
reports them, with the help of a powerful policy engine.
The system can then either prevent the transaction
from being executed or it can initiate the workflow
for gaining approval, so as to continue the transaction,
the choice of procedure being dependent on the organization’s
policy.
With the help of these winning features
of the Control Enforcer, organizations can eliminate
errors, become more efficient in their business activities
by reducing incidence of non-compliance, and also
significantly accelerate vital processes such as invoice
processing, procurement revenue collections, and closing
of books. Azilon’s Control Enforcer helps enterprises
to transition from people-based, manual control activities
to automated processes ensuring compliance with industry
regulations, ensuring accelerated response time and
reduction of costs.
How Preventive Control helps:
Implementation of preventive control “Material
Price change prevention” helps organization
to have control over inventory and public reporting
while eliminating following detective controls
- List of material changed the price in a selected
period
- List of materials changed at plant level
- List the inventory levels changed due to material
price change
- Material valuation for a given period
- Material changes impact on POS