Intelligent transaction monitoring

Accounting & Reporting

Protecting the General Ledger

Your general ledger is the heart of reporting and an area of key risk for fraudulent financial reporting. Mistakes in the journal entry process can lead to misrepresentation of financial results — a clear violation of Sarbanes-Oxley regulations.

Oversight provides complete visibility into accounting and reporting systems, identifying mistakes or violations as they happen and before they impact financial reporting.

Our advanced analytics automatically monitors sub-ledger postings and manual journal entries. As exceptions occur, the appropriate individuals are immediately notified to quickly resolve issues in the underlying financial systems. Integrated workflow features make it easy for you to track, follow-up and validate the resolutions.

Quickly Resolve Journal Inaccuracies

Oversight monitors accounting and reporting systems in real time, providing quick exception resolution:

• Oversee segregation of duties in relation to the general ledger.
• Identify duplicate or unbalanced journal entries.
• Ensure sub-ledgers accurately feed the general ledger.
• Flag entries with an unusual amount or time of entry.
• Ensure standard, recurring journal entries occur as planned.
• Locate inappropriate manual entries.
• Diagnose deviations between sub-ledgers and the general ledger.
• Validate that journal entries contain all necessary information.
• Pinpoint unauthorized interaction with the general ledger.