For many companies, the end of the year starts the holiday and the audit season. One of the key risk areas that auditors will focus on this year is manual journal entries. Fastpath Assure simplifies manual journal entry analysis by allowing you to easily identify anomalies such as atypical users, amounts, dates and notes. By using Assure to automate this review you will have more confidence in your financials, be better prepared for your audit and have more time to spend with friends and family during the holidays.
How else can Fastpath help you with end of year activities?
- Use Fastpath’s Config AD to query a list of users in Microsoft Dynamics – and go through that list and be sure to remove any users who have left during the year. It’s better to find these before your auditors do.
- Run a report of Segregation of Duties (SOD) conflicts in your ERP using Fastpath Assure. Take the time to fix/mitigate SOD conflicts before your auditors arrive.
- Take a look at your audit trail settings prior to year end and auditor entries as safeguard against improper adjustments port of Segregation of Duties (SOD) conflicts in your ERP using Fastpath Assure.