Introducing Ascent Sphere’s FinArmor; The Holy Grail to your Financial security
Given the current fast-paced financial landscape, accuracy and security are factors that are quite non-negotiable. Ascent Business Solutions FinArmor poses as a powerful defense tool that safeguards transactions against errors, fraud and data leaks. Designed as such, FinArmor uses advanced analytics to flag duplicated entries and run forensic analysis on financial data, guaranteeing every transaction is accurate and compliant. Simply put, this tool protects your organization’s integrity via ensuring security in financial processes, so that you can trust your financial reports and stay audit ready.
Key Features to look out for
FinArmor is equipped with prominent features that tackle common finance issues, such as,
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Task Management: FinArmor lets you break down complex procedures into clear and distinct tasks, assigning them to appropriate people. Not to mention you can create and organize your own tasks by category, set due dates and priorities and attach relevant files or comments for context all the while keeping teams aligned and deadlines visible.
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Audit planning: Build and customize detailed audit plans that define objectives, scope and criteria for each review. This standardized approach serves to ensure nothing goes overlooked when surfing your books.
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Compliance Tracking: FinArmor constantly monitors your financial activities against rules and policies. Enabling you to keep track of adherence over time, automatically signaling any deviations. This level of compliance visibility helps pinpoint defects and incapacities driving improvement.
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Forensic analysis and duplicate detection: Behind the scenes, FinArmor scans data to disclose duplicate invoices, unauthorized payments or any other anomalies of that sort. By locating these issues early on, it prevents fraud prior to any significant damage.
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Training and support: The tool comes with built in guidance and resources for your audit teams and administrators, helping teams quickly adopt FinArmor and effectively maneuver so as to manage audits and controls.
A Future Ready Finance System with Ascent Sphere
FinArmor is brought to your service from the Ascent Sphere, our suite BPM tools that steers digital transformation. FinArmor is articulated to smoothly integrate with your systems scalable per your business requirements. With FinArmor on your side you’re not just fixing problems, you’re reinventing finance processing. Knowing that every transaction stays verified and compliant, you can take a good night’s sleep. Empower your team with clear insight and guarantee a secure and efficient finance system that embodies trust and resourcefulness for both customers and stakeholders alike. In short, it’s a win-win for everyone.
Ascent is transforming the finance landscape with FinArmor, a tool that facilitates seamless digital transformation for businesses. By integrating with existing systems, FinArmor adapts to unique needs, allowing teams to enhance financial processes. With a strong emphasis on security and compliance, Ascent ensures verified transactions, enabling confidence in operations. This initiative highlights Ascent’s commitment to innovative solutions that promote trust and efficiency for customers and stakeholders.
