Getting Started with CPM

Company Policy Manager, part of Acubiz, streamlines time for employees, approvers, and the Finance department, enhancing efficiency in Acubiz.

CPM is based on the premise that nothing has to be approved in FINANCE. Everything is settled by the employees and approved by the manager and from there the transactions are sent directly for bookkeeping.

In Acubiz, set terms for transaction approvals in FINANCE based on the following criteria:

• General Spot Check
  • Define a general percentage of transactions to control in FINANCE (e.g., 10%, 25%, or 50%) over a month. (% Rate is optional)
• Account-Specific Transactions
  • All transactions on this account, regardless of amount
  • Transactions above a certain amount
  • All transactions in specific countries
• Transactions from Specific Employees

Control Strength and Prioritization

Different CPM policies have varying strengths. Ranked by strength:

1. Account Control (Amount/Country)
2. Employee Spotcheck (If this is set to 100%, it has highest priority.)
3. General Spotcheck (If this is set to 100%, it has highest priority.)

A 25% general spot check indicates that a selected account rule is more stringent than the spot check, and that account control is more rigorous than the employee spot check.

General Spotcheck

50% of transactions undergo control in FINANCE in Acubiz before posting.

• How to set up spotcheck >>

Specific Account to be checked in Finance

All transactions on the "Hotel" expense account are checked in Finance before posting, prioritized over random checks.

• How to set up control on a specific account >>

Specific Employee to be checked in Finance

An employee can be monitored if they frequently make incorrect entries.

A specific employee can always be checked in Finance, regardless of general or account-specific checks.

• How to setup employee spotcheck >>