ACL白皮书-订购-付款循环的控制保证.pdfVIP

ACL Continuous Controls Monitoring Controls Assurance for the Order-to-Cash Cycle D I S C U S S I O N P A P E R O RD ER-TO - C A SH BACKGROUN D While the comprehensive set of functions known as the order-to-cash cycle is strategically important for every company, it can be challenging to manage, let alone improve. Multiple business process owners and applications, inherent financial and operational exposures at various points in the process, and outsourcing arrangements for all or part of the process contribute to the potential for controls gaps and weaknesses, leading to heightened risk for the organization. Cash is indeed king, and an order-to-cash cycle that is inefficient or has poor or non-existent controls can make the difference between an organization that struggles or one that succeeds. The corporate data that underlies the order-to-cash cycle provides indicators of process efficiency, quality of customer relationships, and the extent to which corporate financial assets are optimized.