BScaler ERM SOX and SAS-70 Support

Are you ready for the new requirements to comply with Federal Guidelines for recording and audit tracking of financial transactions, whether yours is a for-profit or not-for-profit organization?

Do you know Sarbanes - Oxley? Have you discussed SAS 70?

Do you know your transparency level? Is it enough?

Among the many benefits from BScaler is enabling your compliance with the Sarbanes-Oxley Public Company Accounting Reform and Investor Protection Act (SOX), in accord with the Statement on Auditing Standards Number 70 (SAS-70).

BScaler helps organizations to follow accounting customs, practices and requirements with full transparency for executives, board of directors and auditors. Note that every history is complete with Details, Dates, Time and user IDs including Cost Center, Revenue Center, Double Entry G/L Account, Funding Code, Funding Source, Business Unit, Department/Event P & L records:  Read more:   Not-for-Profit Organization (NFPO/NPO)

• ERM is Role-based with over 30 user security levels
• Each user has a login ID with defined role responsibilities and privileges
• Financial authority (Controller, CFO etc.)
• Examining every account and granting it a Credit Line
• Approving Credit for every customer order
• Disapproving Credit when necessary

• Configurable Management Approvals of sales quotes/proposals
• Quote/Proposal History
• Five types of Inventory Status for tangible items (On Hand, On Order etc.)
• Tangible item Inventory History
• In-Company Item transfer tracking methodology
• Item Costs History
• Assembly Costs History
• Average Raw Costs (for compatibility with lesser software)
• WIP-RMA Packing List History
• Ordered item detailed Packing List
• Ordered item tracking methodology
• Automated Inventory Quantity Adjustments with Histories
• Inventory Cost Adjustments with Histories
• Adjusting total Inventory Quantity to reflect a physical count
• Adjusting Inventory Quantity per location
• Service Inventory Pool Tracking and Adjustments with Histories
• Generation of Purchase Orders (POs) using historical costs
• Receiving Ordered Items per generated PO
• Revising Purchase Orders – Costs / Quantities
• PO Histories
• PO Approvals up to 3 levels with Histories
• Invoicing, Cost and Sales History
• Deferred Revenue Invoicing
• Deferred Revenue Recognition
• Detailed AR Data availability
• Applying customer payments
• Applying customer credit
• Recording customer deposits
• Reducing customer payment amount
• Recording a customer bad check
• Customer Payment Register report
• High-Security Controller Password
• AP Invoice Credit History
• AP Payment History
• Cash Receipts/Disbursements Journal
• General Ledger Report & complete Account History
• G/L Account Entry Report
• G/L Account Transaction Report
• Multiple Bank Accounts Reconciliation and History
• Operating Period History
• G/L Account History
• And much more...

Contact a BScaler representative for the complete SOX/SAS-70 developer’s implementation checklist!

BScaler's Cloud Computing ERP is a comprehensive business management solution for Profit and Not-for-Profit Organizations (NPOs / NFPOs). It allows users to focus on running their businesses, instead of an over-loaded data center and numerous IT requirements.