Journal Entry Analytics Platform (JEAP) Solution is the first such asset in an industry that can penetrate through millions of Journal entries and unearth the information embedded through intelligent, grounded analytics. It is designed to help bring together insights to enhance not only process inefficiencies but also to enhance controllership, by early identification of transaction risks and abnormalities.
This is where WNS and Celonis Combine their Strengths:
Triangulation of abnormal entries from big data.
Simplification, standardization & efficiency gains by automation opportunities for manual JE.
Rationalization of entity and CoA structure.
Flattened peak load.
Extract JEs on a real-time basis form the source systems and update a high-level view of business relevant KPIs which can be drilled down to get more details.
Monthly distribution of JEs to identify rationalization opportunities.
Cycle Time Analyse for a given month.
Categorization of Journals to identify root cause and implement process transformation to fix up-stream issues.
The Celonis Action Engine allows the business reviewer to action approval/rejection of journals without going back to ERP thereby reducing overall process cycle time.
Peak-load Analyse for a given month
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