Steps to Back Office Automation
Business Strategy’s Automation Solutions Provide the Picture of Proficiency
With Back Office Automation, Business Strategy can help your company capture, store, retrieve, and manage transactional documents and business content with proven custom solutions designed by Business Strategy partners and solution architects.
Deployed with software from our partners, Hyland Software - the developers of OnBase - and enterprise capture products from Kofax, solutions are installed that enable our clients to maximize corporate back office efficiencies and reduce costs. The benefits of an Back Office Automation are provided below.
Capture Your Documentation
Within the procure to pay process we are most interested in rules-based workflow allowing an administrator to create a rule that dictates the flow of the document through an organization in support of a delegation of authority and segregation of duties policies. For instance, an invoice passes through an approval process and then is routed to the Accounts Payable Department for processing.
Manage Your Documentation
The old days of boxes stacked to the ceilings and staff members digging through boxes are, thankfully, over. The curse of working in or managing an accounts payable, procurement, or document management group is now looked upon as being as an important and value added corporate function.
Store and Find Your Documentation
If supporting documentation cannot be found during an external audit, depending on the significance of the financial process as well as the materiality, there could be a tax penalty or material fines under the Sarbanes-Oxley Act of 2002 Sections 302 and 404.
Preserve the Integrity of Your Documentation
An Automation Solution provides many benefits in the area of internal controls or regulatory compliance since the system can be an “audit ready” solution. This means compliance test results; remediation activities, P2P process documentation, invoice and purchase order copies, as well as the documentation of key controls, and the corresponding risk can be readily accessible by internal and external auditors.
Business Strategy Delivers Your Back office automation Solution
We have a team of project managers and technology experts that will deliver your automation solution. We will perform an extensive Discovery review to ensure that we understand your business needs before we begin the installation. We will even re-perform the Discovery review as additional validation of our understanding of your process. Our solutions are delivered on time and business ready! See the "Take Control" sidebar for some tips when considering an automation solution.