FPA Process Mapping
Achieve speed and reliability
Using a set of customizable process flows designed to minimize the level of manual effort, FPA Process Mapping ensures that the greatest level of automation is built into every aspect of the close.
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FPA
Financial Process Automation (FPA) Overview of coponents.
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Brochure
FPA Solution Brief
Active Process Automation and Business Integration
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Aligning Business and IT
The Process Mapping capability of FPA links business user processes with the supporting IT batch-oriented close jobs to create a series of automated process chains. Using Redwood Process Scheduling technology, customizable process flows are designed around proven automation techniques that reduce closing time and improve process efficiency. The result is that significant improvements in closing time speed are achieved while process consistency enables the development of best practices and a platform for continuous improvement.
Improved Speed and Reduction in Days to Close
FPA builds automation into every process step to eliminate unnecessary manual interaction by using such powerful functionality as event-based scheduling and parallel processing for IT user and business user tasks.
Consistency and Standardization Through Automation
Process Mapping establishes consistency by ensuring that the same automated steps are followed each time a close process runs. Through consistency and standardization, processes can be more easily refined and understood throughout the enterprise, enabling greater transparency and enforcement of internal controls.
Continuous Improvement and Best Practices
Process Mapping promotes continuous improvement and best practices. By using automation to build consistency and standardization into processes, Process Mapping ensures that close processes can be precisely defined and controlled. Insights and refinements identified by one entity or functional area can be proliferated across the enterprise.