A key asspect of the Opal Wave Housing Performance Management solution, is the abilty to manage and control business processes. Fully secured, auditable and with workflow support, managers can create and manage processes all from a central system.
At any point in time key users can view where the business is within a particular process. Wether that be within a budget cycle, end of month process or simply management reporting. The solution also enables review and submit processes which, alongside automated valiudations will significantly enhance the quality of data submitted for plans, budgets and forecasts and helps to reduce the effort in routine close processes.
The application provides the ability for your organisation to streamline repeatable business processes around budgeting, consolidations, etc. Business Process Flows (workflow) are configured specifically for your processes to give you both control and consistency in ensure that communications throughout the processes are managed, all users are completing the appropriate tasks and allow you to track their progress to a level of detail that you’ve never been afforded before. Users have the benefit of being guided through a business process instead of having to search for information or go through an intensive training course.
Full task and data security with workflow supports:
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Data validation processes
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Review and submit processes
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Full audit trail
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Detailed enterprise class security model
Associations benefit from the built in support for contol with better quality information produced with less manual effort and avaialble only to the authorised users eliminating both cost and risk from the management of sometimes sensitive information information such as personal salary details in staff planning models for instance.