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First and Only: AMS’ Audit Control Environment (ACE) is the only full cycle audit management solution to offer comprehensive management of the entire.

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Presentation on theme: "First and Only: AMS’ Audit Control Environment (ACE) is the only full cycle audit management solution to offer comprehensive management of the entire."— Presentation transcript:

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2 First and Only: AMS’ Audit Control Environment (ACE) is the only full cycle audit management solution to offer comprehensive management of the entire audit process within a paper “less” environment

3 Audit Generation & Management System: The ACE system is a complete audit generation and management system. The home office component of ACE is a windows based audit management systems designed to automate the audit management process

4 Policies are initially downloaded at inception, and updated with each endorsement. When it is time to audit a policy, the home office’s host system downloads the final audit transaction to ACE. ACE Begins With Data Download:

5 Evaluating Downloaded Data: The batch system evaluates the data, converts it into formats the ACE system can use to determine type of audit (Physical, Telephone, Voluntary or Waived) that should be performed

6 Workload Balancing: Audits are then assigned to auditors or fee companies. Audit assignments are based on predetermined rules based on your business needs. Audit Managers are able to sort audits where needed

7 Audits Are Released To The Field : Audit Managers release work to the field with policy, class code, endorsements, claims and audit location information. Included is an entire policy view in HTML format

8 Automatic Tracking: Audits are tracked by ACE through the entire audit process. Tracking enables managers to have current audit status always at their finger tips, as well as, the ability to run audit reports.

9 Automatic Tracking: Our field piece AuditWin, continuously updates the status of the audit in ACE. Again giving managers critical information to the status of the audit.

10 Automated Reviewer: Completed audits are received from the field and reviewed by our Automated Reviewer. The reviewer vastly cuts reviewing time spent on ordinary or small policies.

11 Actual exposures can be uploaded back into internal systems. Upload Billing: Consolidates all classifications from multiple locations and auditors into one policy

12 ACEWEB: The ACEWEB system is a browser interface to common ACE functions. It is designed to primarily support users who are outside the audit department where it is not feasible or necessary to utilize the ACE application

13 ACE Architecture:

14 Audit Control Environment: Secure upload and download of audits to and from the field. Supports multiple underwriting systems per line of business. Complete management, tracking, and logging system for downloads. Automated reviewer provides automatic upload by processing audits through an expert system screening manager. Complete support and systems training. Completes the circle with host system data ensuring the data integrity and consistency required for the audit process High caliber automation facilitates better customer service and responsiveness Provides historical audit trail throughout entire audit process. Sophisticated security systems satisfies the scrutiny of internal audit. Open design easily manages different client configurations.

15 Harnessing the Power of Automation to work for you


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