Workflow automates standard tasks that are regularly repeated and can provide for decision tree logic to action events and non-events. For example, the regular collection of Investment Monitoring data can be set up in a workflow system and the receipt of data and calculation of Key Performance Indicators, or non-receipt of data, can be reported to the investment executive responsible for the investment.
Workflow provides a powerful tool that can significantly accelerate certain business processes, e.g. initiating regular data collections from investment companies.
The implementation of the workflow map demands an understanding of internal controls and may require extensive process modeling. AFL has extensive experience at process design and the implementation of control procedures. The FrameWorks workflow application can be implemented to provide workflow to all of a customer's computer application systems