Optimized efficiency with improved process control
Every business has a variety of processes in place that are intended to keep things running smoothly and ensure tasks are accomplished. In the energy industry, the complexity of the processes, the necessary controls, and the number of departments involved in each process can jeopardize your portfolio and invite financial and compliancy risk.
Workflow 8.0
Allegro’s integrated workflow capabilities enable efficient, documented collaboration across every department, for every transaction. Workflow allows customers to define and maintain steps in each company process and ensures completion of those steps, including trade controls, approvals, position limits and messaging. From front to back office, these mechanisms push a transaction from trade capture, through different approval levels, to settlement and invoice creation.
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Key Benefit |
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Trade Controls
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- Ensure trade accuracy by easily applying user controls based on tasks, specific contracts or contract type, trades and trade types, AP and AR invoices, position limits, trader limits, and credit limits
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Manage Approvals
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- Easily set up approval hierarchies and limits allowing for one-click approvals with confidence
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Automated Messaging
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- Streamline communication with the integrated messaging capabilities allow users to effortlessly send and publish messages from within the Allegro system
- Minimize mistakes with automatically generated event-triggered alerts and reminders to notify users of credit limit breaches, past-due invoices, contract completion alerts, and to prompt approvals
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Documentation Control
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- Automates version control to ensure proper documentation by archiving documents and tracking time, date and user edits
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