IMPROVE INTERNAL CONTROLS FOR KEY FINANCIAL PROCESSES

Manufacturers need to perform standard business functions that include finance, tax and accounting. As different lines of businesses are acquired or divested, financial data from far-flung lines of businesses and disparate financial systems need to be collected and consolidated. Financial performance data needs to be reconciled for accuracy and reported to the SEC on a regular basis, which affects stock price. Many of these core financial processes are performed using spreadsheets, databases, and other end user computing applications. Any errors in this process can lead to wrong business decisions, losses, a lack of internal controls audit observation from internal or external auditors, or worse, regulatory penalties.

CIMCON Software offers solutions that automate the management of EUCs and minimize the business and compliance risks associated with them. From creating an inventory of all the EUCs in your organization and identifying the most important files, to detecting errors and providing a visual map of data dependencies, our tools provide on-going monitoring and control of your most important EUCs.

CIMCON Gives You the Tools to Manage Your EUCs:

  • Discover the volume and type of EUCs that exist in your organization.
  • Risk assess each EUC based on configurable risk criteria.
  • Create an automated inventory of all EUCs.
  • View EUC lineage, data dependencies, and risk flows at the enterprise level.
  • Error-check and analyze spreadsheets with complete documentation.
  • Implement version control and change management with cell level audit trails.
  • Accelerate reviews with workflow-based file comparisons and alerts.
  • Secure files to prevent unauthorized changes.

CIMCON PROTECTS THE WORLD’S TOP MANUFACTURING COMPANIES