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Finance2023-01-09T12:42:29+00:00

exmon for finance teams

Accurate reports, faster with automatic controls.

Automize internal controls for finance data management, and the production of financial reports, accounting records, and budgets, all designed to mitigate risk, enhance accuracy, and comply with GAAP (Generally Accepted Accounting Principles) and internal financial reporting standards.

Exceptional Data Management
for Finance teams

  • Introduce a data-driven culture
  • Manage the risk of costly mistakes in accounts payables
  • Establish data governance and management best practices in finance

Become truly data-driven and turn data into value

Data quality errors and exceptions to business processes lead to lost revenue and added costs.

12k

exmon controls are actively monitoring data and data processes for our clients

Catching Over

135m

exceptions before it is escalted into lost revenues or added cost

Optimize financial processes

Incorrect and incomplete data can cause havoc within the financial department, especially in accounts payable, and can lead to double payments, payment failures, understated expenses, and manual rework if processes fail.

By leveraging the exMon platform, finance teams can prevent revenue losses associated with bad data with better data management, and fix issues proactively to prevent costly mistakes.

Ensure data governance

The finance team has regular interaction with crucial data companywide, and the team is increasingly responsible for turning that information into actionable business insights that go beyond its traditional accounts payable, payroll, and reporting responsibilities.

However, bad data governance within can lead to manual rework, and lost revenue and other types of fraud and data misuse.

exMon provides the finance team with improved data governance, boosts regulatory compliance, and reduces the risk of control failure by using 100% of your organization’s operational data.

Data governance illustration

Driving better decisions

Improved data analysis greatly supports business innovation, but a cultural shift is required to achieve this.

Through the exMon platform, finance teams can lead this cultural shift by gaining competitive advantage through improved data insights, which are synonymous with business success. Having accurate and full data sets and pipelines means that the finance function can spend less time on rework, controlling and more time on driving decisions. I.e. where savings can be made and processes tightened to increase profit.

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