The project management discipline is becoming more and more integral to corporate success and now more than ever management needs to examine their project environment for internal controls and validity of data to mitigate risk and corporate exposure.
How confident are your executives with the validity of company reports? Can your company’s current environment provide evidence to validate project cost and performance reports and demonstrate effective internal control measures?
With eTimeMachine in place, companies have the tools to comply with legislated reporting and operational standards. Corporations can be confident that their decisions are being made based on accurate and validated information. eTimeMachine’s transaction based infrastructure and matrix based approval workflow validates, date stamps, stores and restricts changes to all approved data entered into its system. Changes can only be made through debits and credits, thus producing comprehensive audit trails to support project performance and cost reporting.
An additional internal control feature is eTimeMachine’s workflow functionality allowing companies to design, execute and collect auditable cost and performance measurements against standardized best business processes.