CashFlow Guardian Online is our remote solution for analyzing smaller data sets. Data is imported utilizing the CFG secure website to a hosted version of CFG. The business rules selected by you are applied to the data set and corresponding views are generated. The views/results can then be downloaded onto your desktop to review and analyze further.
The key features are grouped in two functional areas or modules. The following describes the features by functional area:
Business Rules
CFG includes over 100 standard business rules that end-users can deploy or customize. CFG Business Rules Specialists can work with you to modify and construct tests to apply against your full data set. Rules can be ranked by severity to focus an auditor’s work to the most severe infractions related to greatest control weakness and potential for recovering overpayments. The following are examples of how business rules are used to analyze data.
- Review transactions for accuracy and completeness
- Test the effectiveness and efficiency of internal controls
- Test the effectiveness and efficiency of policies and procedures
- Trend data to discover unusual transactions
- Calculate statistics and performance measures
Reporting
CFG has a wealth of standard and customized reporting options. Every time a view is created for a business rule, a corresponding report is generated with properly formatted header, footer and body. Additionally, custom reports can be developed to display client specific data.