Your purchase order challenges
Explore areas within your purchase transactions that didn’t originate from a properly approved request, by going beyond the assumptions of the embedded system controls with PwC’s Explore.PO dashboard.
Purchase orders (POs) are the cornerstone for a reliable and efficient purchase process, based on automated three-way match controls. How does management ensure POs (and changes to POs) are approved at the correct level? PO approval strategies embedded in the ERP system are hard to validate and often deviate from the expected Delegation of Authority.
How PwC’s Explore.PO dashboard can help
Explore.PO shows how diligently the purchase process is supported through effective usage and approval of POs and purchase requisitions (PRs).
Focus on key risks:
- PO/PRs without a release strategy
- Deviations from the Delegation of Authorit
- Purchase value changes after/without approval
- SoD conflicts between requester and approver
- Gain insights into the usage of PO/PRs, with a focus on missing and invalid approvals.
- Discover purchase abuse and potential fraud.
- Spot quick wins for a more efficient purchase process.
Request your free demo
Want to know more about how PwC’s Explore dashboards can help measure and control the impact of financial risks on your organisation? Contact us now below to access our online demo.
