Businesses can mitigate operational risks by implementing continuous monitoring and greater automation of controls and processes for financial and HR data. This is all made possible via the exMon platform.
To reduce revenue leakage, businesses should be able to bill their clients for every billable hour, including seemingly small and menial tasks such as sending an email or rescheduling meetings and so on. The exMon timesheet monitoring tool alleviates manual time tracking, which means no lost revenue due to forgotten time logs.
The data management platform also enables master data management, which provides a single source of truth for all data including vendor data, that employees can access. This provides the foundation for many accounts payable processes, with additional data accuracy and quality to ensure that those processes – manual and automated – run smoothly to create great efficiency and protect revenue.