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Within an organization any number of stakeholders may have an
interest in Categoric's solutions without realizing it - because they were not made aware that the benefits described could be applied to their own function or area.
The solutions support many common management initiatives for particular areas such as:
– Operationally around Supply Chain Event
Management (SCEM) and Business Activity Monitoring (BAM)
– and in the arena of Corporate Governance, Risk Management and Compliance (GRC) around Continuous Auditing of financial and non-financial metrics and KPIs.
Squarely positioned in the center of the convergence between both Operational and Financial Process Management and Reporting, they can offer functionality that uniquely addresses the challenges faced by both areas - and many others as well:
- rapid “at a glance” updates and alerts on key measurements and controls
- easy “Drill down” when needed from the high level to examine more detail
- actions can be undertaken automatically in the event of exceptions
- delivery of information to identified stakeholders and interested parties
Unified Framework = added benefits
Having a unified framework to deliver this functionality to each area rather than simply investing in more “point” solutions has a beneficial enterprise wide effect and allows fortunate spin-offs - especially around the "gray" areas that could overlap with both, and which might lack clear "owners" such as with:
- environmental reporting
- operational risk management (Health and Safety etc)
- human resources and employee performance management
- corporate social responsibility
- resource and asset reporting
- monitoring supplier and customer behavior/ satisfaction
In this section we have highlighted various benefits for the identified roles around the six stakeholders for governance, for operations in general and not forgetting the I.S and I.T. functions. Clearly given the ubiquitous nature of the solution this area could be expanded greatly and it is our intention to refresh and update it on a regular basis.
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