Actus is a FedRAMP® Moderate authorized and U.S. Department of the Treasury approved cloud shared service for government-wide use to achieve compliance and financial management for GPC (P-card) programs. Actus creates a fully integrated GPC ecosystem eliminating data, document, and financial silos to automate order processing, financial settlement, audit, and daily Treasury bill pay.

    Overview

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    The Actus SaaS solution is uniquely positioned to bring treasury management into the era of Artificial Intelligence for Public Sector clients, their supply chains, and bankcard service providers. Actus is a FedRAMP® Moderate authorized and US Department of the Treasury approved cloud shared service for government-wide compliance and financial management of purchase card (GPC) programs. Our data mining and intelligent document processes aggregate unparalleled levels of data, ushering in the future of predictive and generative AI while elevating GPC to the standards and reporting output of any other treasury action. Our secure cloud ecosystem aggregates transaction data from multiple sources of truth creating holistic silo-busting capabilities optimizing accountability, compliance and transparency in the use of public funds. Actus, an agile SaaS solution, continually innovates to keep pace with market forces, supply chains, and technology advances. The solution automates vendor data, transaction flows, intelligent compliance and financial document management, eliminating risks in treasury management operations. Our federally-authorized cloud solution creates a holistic ecosystem for all transaction parties, ensuring removal of the data silos and document blind spots that have until now hampered compliant treasury management operations for public sector organizations. Actus eradicates fraud, waste and abuse in public sector card programs. Digital Ecosystem Solution: Actus creates a fully integrated compliance and financial management ecosystem eliminating data, document and financial silos to automate order processing, financial settlement, audit, and daily bill payments with compliant confidence. Continuous Process Optimization: Our proprietary processes build validated data and document libraries required to deploy generative and predictive AI enabling continuous process optimization. Enforces Treasury Management Controls: We strengthen internal risk management controls and improve Accountability, Compliance, and Transparency in accordance with Generally Accepted Accounting Principles (GAAP) and Financial Improvement and Audit Readiness (FIAR). Role Based Access Control and Hierarchy Based Access Control: Actus manages user roles and permissions based on established bank and organizational hierarchies, including separation of duties, need-to-know/right-to-know, configurable dollar/item/event-driven approval workflows, and parent-child information flows in a PIV/CAC protected customer specific environment. Document Authentication and Validation: Actus eliminates audit findings for missing supporting documentation for GPC purchases. Actus utilizes AI to read and transcribe supporting documents while prompting user corrections when data or documents are missing, invalid, not signed, incomplete, or mismatched to transaction data. Financial Closeouts at the Line Item Level: Actus is the first intelligent data solution capable of tracking obligations, commitments, partial fulfillments, credits, taxes incorrectly charged, and back orders at the line item level. The system enables accurate financial closeouts of every item or credit received, tracked to the correct transaction over any time period. With real time status of funds, Actus enables GPC decision makers to utilize cards until the last day of the fiscal year, enabling mission critical agility. Blanket Purchase Agreement, Standing Order, and Recurring Service Commitments: Actus proprietary automations simplify financial management of BPA/Task Orders, drawdowns from standing orders, and recurring services commitments. Our intuitive interface manages compliance, approval flows, permissions, and vendor catalogs, keeping cardholders within program parameters and compliant to audit requirements while tracking every contract action with accurate data feeding back to the contract management system. Cardholder purchase limits can be set to any level under the Simplified Acquisition Threshold without impacting cardholder limits on non-BPA purchases. Open Integration: Actus is capable of integrating with any Financial Management System, Contract Management System, Enterprise Resource Planning, Property Management System, and other required systems through API. Data on the Desktop: Actus dashboards aggregate GPC data appropriate to user role and permissions, providing cardholders and officials instant access to the data they need, according to their preferences. Change Management: Actus is intuitive and requires very little change management, as it is based on policies and procedures, laws and regulations, and hierarchies and permissions. Actus user support personnel and our in-app guides ensure users have multiple methods for learning the system and will be amazed by the substantial time savings each month currently spent on burdensome tasks, logging, data entry, and reconciliation. Cohesive solution implementation is enabled with optional program management services.

    Highlights

    • Accountability. Actus helps agencies paint a complete and total picture of each expense, eliminating guesswork, human error, and manual data entry tracking. Workflow automations ensure all agency policies supporting separation of duties, improper payments reduction, and avoidance of split purchases are inherently enforced.
    • Compliance. Actus streamlines and automates oversight processes while maintaining rich transactional records for instant audit reporting. Simplified, structured data automation ensures adherence to agency policies and acquisition regulations. Actus furthers the regulatory mission of each agency with intelligent digital document processing using AI for records authentication, validation, retention, and disposal of purchase records presented as supporting documentation by cardholders.
    • Transparency. Actus enables real time visibility over the status of funds in GPC Programs, enabling agencies to maximize purchasing efficiency throughout the fiscal year. Actus presents role-specific dashboards enabling visualization of all workflows, transaction data, and documents using permissions-based controls. Audits automate bank transaction records without requiring manual packet creation by cardholders, enabling detailed inspection of each purchase made in a unified, streamlined format.

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    12-month contract (1)

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    Cost/12 months
    Actus Automated GPC Compliance and Financial Approval System License
    Actus Automated GPC Compliance and Financial Approval System Real Monthly User (RMU) License. RMU is defined as a Cardholder, Approving Official, and PC Administrators as identified by the agency bank hierarchy structure. Monthly user license includes trouble ticket support for secure access and app-related operating issues. Instructor-led online group user training included (50 hours per 1,000 licensed users) on client-supplied online collaboration platform. Requires a subscription contract including monthly cost per RMU x number of RMU licenses x 12 months and an End-User Subscription and Services Agreement. TAA Compliant, COO USA. Manufacturer: Paperless Innovations, Inc.
    $503.40

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