The Ultimate Guide to Modernizing Your Business with Acumatica’s AI-Enhanced ERP
With any financial accounting system and a strong audit trail, it’s imperative to be able to understand and control changes within your company’s financial system. This is critical not only from a regulatory perspective, but also for risk management and fraud prevention.
You need to know what people are doing within your business’s system and when. You must to be able to set adequate limits and securities on who can do what, where and when and then be able to track any changes. Having a detailed audit trail can protect your business from liability during legal battles, help monitor data for security breaches, ensure proper protocols are followed and demonstrate compliance. As an added bonus, you can even use an audit trail to help strengthen your team.
Unveiling Success: Tips for a Seamless Software Implementation Journey
With any financial accounting system and a strong audit trail, it’s imperative to be able to understand and control changes within your company’s financial system. This is critical not only from a regulatory perspective, but also for risk management and fraud prevention.
You need to know what people are doing within your business’s system and when. You must to be able to set adequate limits and securities on who can do what, where and when and then be able to track any changes. Having a detailed audit trail can protect your business from liability during legal battles, help monitor data for security breaches, ensure proper protocols are followed and demonstrate compliance. As an added bonus, you can even use an audit trail to help strengthen your team.