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PS Proactive.

PS ProActive, is a new workflow management system designed to enable accounts departments to streamline admin intensive methods of operation. Working in conjunction with the PS Financials unified ledger accounting system, PS ProActive comprises three core modules--PS Allocations, PS Sentinel and PS Web Portal. PS Allocations is a rules engine that enables the automatic processing of complex postings across different business units, companies and databases.

Any balance or transaction held in PS Financials can he automatically re-allocated either in real-time or on a batch basis to any other pre-defined coding in the chart of accounts according to the business rules specified in the template These include Automatic Inter Company Postings; Cost Allocations; Automatic Accruals; Work in Progress / Income Recognition Adjustments; Depreciation Calculations.

The Sentinel adds workflow-based routing of transactions and notifications to the PS Financials system. Constantly checking the PS Financials database, the sentinel will automatically notify users, via e-mail, of events that they need to be aware of or actions they are required to complete, including events such as Transactions requiring authorisation; Budgets about to be exceeded; Bank accounts about to go overdrawn; Customer invoices overdue. PS Web Portal

Utilising Microsoft .NET technology, the Web Portal enables the processing and approval of transactions to the PS Financials accounting system via Internet browsers, enabling remote data entry of transactions such as expense claims and purchase requisitions with full authorisation routing being provided by the PS Sentinel.
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Title Annotation:Management
Publication:Software World
Date:Jan 1, 2004
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