It's Your Money.
Keep More of it with
CashFlow Guardian.
CashFlow Guardian (CFG) is a continuous controls monitoring SaaS solution, designed by accountants for accountants to protect your money and complement your internal audit needs. CFG solves problems in: Transactional Analysis, Process Improvement, Regulatory Compliance, Enhanced Reporting, Profit Recovery Auditing, Data Mining, Internal Auditing and Decision Making.
The Moody team demonstrated amazing attention to detail. They searched high and low and confirmed 100% of their recoveries. This aggressive attitude is exactly what we were looking for
in a profit recovery firm. They are extremely professional and were very unobtrusive to our
working environment.
CashFlow Guardian Versions
CFG Basic (For Individual users)
Ideal for: Transaction audits for less than 1 million records.
CFG Professional (For Individual users or small teams)
Ideal for: Transaction audits for less than 1 million records. Comparison of multiple data sources.
CFG Enterprise (For small to large teams)
Ideal for: Transaction audits for more than 1 million records. Comparison of multiple data sources. Continuous monitoring and auto claim processing. Customized workflow.
AP Guardian Module
The algorithms and workflow developed for AP Guardian, our Recovery Audit suite, are based upon our wealth of knowledge and experience conducting recovery audit projects. Our proprietary false positive reduction technology reduces the occurrence of false results caused by the use of fuzzy logic and similar comparison functions and ensures a faster path to ROI by focusing resources on true findings. Our Recovery Audit suite includes three separate modules, and each module may also be purchased individually.
AP Guardian modules include:
Duplicate Payment
Identifies duplicate payments by analyzing a series of data elements in the source file. Our algorithms use exact and similar match functions to determine if a duplicate exists and then utilizes proprietary functions to reduce false results.
Contract Audit (Price Variance)
Conducts an analysis of terms and price per the contract and compares that to the actual transactional activity. This module also calculates volume rebates and allowances to verify proper discount or rebate payment was received.
Missed Discount
Compares vendor discount terms to actual discounts taken on payments. The module reviews the timing of invoice receipt to payment process and the discount calculation. The results from the module display discounts not taken as well as early payments.
P-Card Guardian Module
Purchase Card programs are one of the fastest growing areas of spend for organizations. With the elimination of purchase orders and invoice processing and the ability to earn rebates based on card volume, companies stand to gain thousands, if not millions, in savings. But, with the elimination of key elements of the traditional payment process, so goes much of the internal control structure relied upon to prevent errors in the procure-to-pay process.
P-Card Guardian plugs the gap in the internal control environment related to purchase card programs. P-Card Guardian identifies and deters misuse and fraudulent activity by employing algorithms designed specifically for P-Card spend. As research has shown, the perception of detection is the best deterrent to fraud, which is why our algorithms include a random audit that guarantee the audit of every cardholder on a quarterly, semi-annual or annual basis.
P-Card Guardian leverages the CFG Workflow Engine to create an audit trail of actions taken and responses received by cardholders. With the CFG Workflow Engine, cardholders need only reply to P-Card Guardian email inquiries and log in is not required, reducing training costs and deployment time.
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Vendor Guardian Module
CFG's Vendor Guardian module automates much of the vendor maintenance process, utilizing advanced algorithms and the CFG workflow engine. Vendor Guardian follows Moody International's 4-step process for Vendor Master cleansing and maintenance to eliminate duplicate vendors and verify vendor legitimacy.
- Normalize and standardize data elements to ensure accuracy and completeness
- Cleanse duplicate vendor and location records
- Verify vendor legitimacy with external resources
- Further enrichment of data such as diversity classifications and subsidiary affiliations
T&E Guardian Module
Travel and Expense is usually one of the largest areas of spend for an organization and traditional internal controls are often insufficient. T&E Guardian automates the audit process to allow for 100% of travel and expense transactions. T&E Guardian reviews transactions for use of non-preferred vendors, deviation from corporate travel services, non-compliance to corporate travel policies and fraud.
Travel and expense transactions are audited 48 hours after purchase with standard T&E business rules and rules modified to mirror your travel and expense policy. T&E Guardian also conducts a random audit to ensure every cardholder is audited a defined number of times per year. Cardholders simply reply to audit emails and attach supporting documentation. No additional training is involved, and all communication is documented in the action history to preserve an audit trail.
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CFG Vendor Portal Module
The CFG Vendor Portal is a collaborative platform that facilitates and tracks communications related to managing relationships with vendors. The CFG Vendor Portal integrates with CFG Core to perform verification of a vendor's legitimacy, prevent duplicate vendor setups (Vendor Guardian) and display claims and supporting documentation related to vendor overpayments.
The CFG Vendor Portal is the hub of communication between your company and its vendors with add-in widgets for News, Library of Manuals, Return Authorizations, Contact Lists and Helpful Links to name a few. The portal can also enforce workflow for new vendor set-up with W-9 and W-8 requirements, electronic signature of tax forms, status and "to do" notifications to an employee that requests the new vendor, management approval or rejection of vendor profile and external notifications to vendors.
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Freight Guardian Module
Logistics expenditures are a complex and often overlooked area for cost savings. Freight Guardian reveals opportunities to recover charges on erroneous accessorial fees, late shipments and other service delivery failures. The Freight Guardian software offers a flexible platform to import data from disparate systems and relate key elements to perform detailed analysis of 100% of your freight bills.
Freight Guardian not only looks for carrier billing mistakes but also audits freight transactions based on the terms and conditions set in your routing guide. Freight Guardian automatically evaluates bills for:
- Proper consolidation
- Method of transportation
- Preferred carrier
- Rates based on class, weight, or lane
- Split shipments
Freight Guardian can recover 2 - 5% of freight spend while reducing administrative cost of an in-house audit team. Plus, using audit software provides a consistent approach and process for evaluating 100% of your freight. Freight Guardian can process weeks' worth of data in just hours and conduct auto-recovery of overpayments by transmitting electronic credit/deductions to reduce future payments to carriers.
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Implementation Support
Complete implementation services are an integral part of every CFG installation. Our consultants have audit expertise and experience in transactional data analysis in an array of industries. Our audit analytics knowledge helps organizations respond with confidence to today's dynamic business and regulatory demands.
Ongoing Support
Support for the CFG SaaS solutions is provided by phone, email and remote access solutions. The subscription fee includes standard support for program related issues and we offer several premium plans that address user support issues. Our support plans were developed to meet the diverse needs of our customers.
