15 Automated Process Controls To Implement In Oracle

15 Automated Process Controls To Implement In Oracle

 

Based on our experience of both best practice and what we usually see in Oracle E-Business Suite systems, there are 15 automated process controls that we’d recommend you look at.

 

Record-to-Report/GL

  1. Whether unbalanced journals are allowed
  2. Whether users can enter manual journals that automatically post like system journals
  3. Whether new account code combinations can be created by any user
  4. Whether rules are applied to prevent undesired account code combinations
  5. Whether journal approvals are used, and the approval limits assigned

 

Purchase-to-Pay

  1. Purchasing tolerances – price, quantity, timing
  2. Purchasing approval limits
  3. Whether document preparers can also approve a purchase
  4. Whether invoices can be adjusted after they’re paid
  5. Whether default invoice payment dates can be overridden

 

Order-to-Cash

  1. Whether invoices can be adjusted after they’re printed
  2. Whether invoices can be deleted
  3. Receivables adjustment limits
  4. Whether AR transactions post to the GL
  5. Whether customer bank details are hidden when creating AR invoices

 

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Free White Paper

 

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