Outcome: Fraud risk ↓
FF-AR-001
Control
Lockbox Use for Customer Check Receipts
Routing customer checks to a lockbox reduces float and often pays for itself by accelerating cash availability while removing the internal labor required to receive, scan, process,...
Routing customer checks to a lockbox reduces float and often pays for itself by accelerating cash availability while removing the internal labor required to receive, scan, process, and physically deposit checks.
Working Capital
Cash leakage ↓
Cash visibility ↑
Fraud risk ↓
FF-CI-001
Control
Segregation of Duties Matrix
A comprehensive mapping of incompatible duties across finance processes with automated conflict detection and compensating controls.
A comprehensive mapping of incompatible duties across finance processes with automated conflict detection and compensating controls.
Controls & Integrity
Fraud risk ↓