Time until your next audit: Time until your next SARBOX 404 review:

An ironclad system for managing signing,
administrative and commitment authority

4 Sound familiar?

Your audits are showing some alarming discrepancies: the company is weeks, sometimes even months behind shutting off signing authority for departing staff. One ex-employee is still signing for checks and wire transfers three weeks after he left. The signing authority paperwork for other ex-employees has been misplaced and can’t be found. No one seems to have absolute certainty about which employees have access to which accounts.

4 The solution is the Authority Management Center

A single, central and auditable record of who is authorized to initiate, approve or sign any type of financial transaction on behalf of your company. From check signing to wire transfer approvals, or FX transactions to capital expenditures, you can see instantly who has authority to do what, and up to what limit. The Authority Management Center tracks and documents how account authority has been delegated throughout your organization, at every level.

4 Result?

Banks are notified instantly when an employee leaves or when their signing authority has changed. Reams of paper trails are now replaced by a single, easy-to-use library of every account and every signer. And audits are now much easier, with fewer deficiencies and no questions about who is authorized on each and every account or each and every transaction.

	4	What’s inside The Authority Management Center gives you peace of mind with its real time dashboard showing your company’s complete authority delegation.

		Who is authorized to sign on each and every bank account Who has authority to approve or commit to financial transactions across all of your business units How signing authority has been delegated, and by whom Instant edits and deletions of signing, commitment and administrative authorities for departing employees Instant or batch notification to your banks of changes in signing authority Up-to-date integration with your HR system and records Accurate and auditable records of signing, commitment and administrative authority delegation Adherence to regulatory and compliance enforcement

4 Want to see it in action?

Take a quick look at the Authority Management Center in action, along with our other Speranza Command Center products. Or get in touch with us now to learn more about how you can track and control who has what authority.