Approval Repository
A method and system are used to seek required approvals at various steps of a reconciliation process. A framework is created by which an end user can request for some of the key administrative maintenances done on a reconciliation application, along with an approval hierarchy being followed. A complete audit trail is maintained for what entity requested, approved and executed the request.
1 . A method, comprising:
(a) determining whether to approve a user request through analyzing the user request and any related information during a first approval decision;
(b) alerting a user when step (a) is unsuccessful;
(c) when step (a) is successful, determining whether to approve the user request through analyzing the user request and the related information during a second approval decision; and
(d) alerting a user whether the second approval decision is successful or unsuccessful.
2 . The method of claim 1 , further comprising:
(e) implementing the user request when step (c) is successful.
3 . The method of claim 1 , further comprising:
(e) storing information corresponding to steps (a) and (c).
4 . The method of claim 1 , further comprising, before step (d):
determining whether additional approval decisions are required; and
when the additional approval decisions are required, determining whether to approve the user request through analyzing the user request and the related information during one or more additional approval decisions.
5 . A computer-readable medium containing instructions for controlling at least one processor of a host computer by a method comprising:
(a) determining whether to approve a user request through analyzing the user request and any related information during a first approval decision;
(b) alerting a user when step (a) is unsuccessful;
(c) when step (a) is successful, determining whether to approve the user request through analyzing the user request and the related information during a second approval decision; and
(d) alerting a user whether the second approval decision is successful or unsuccessful.
6 . The method of claim 5 , further comprising:
(e) implementing the user request when step (c) is successful.
7 . The method of claim 5 , further comprising:
(e) storing information corresponding to steps (a) and (c).
8 . The method of claim 5 , further comprising, before step (d):
determining whether additional approval decisions are required; and
when the additional approval decisions are required, determining whether to approve the user request through analyzing the user request and the related information during one or more additional approval decisions.
9 . A system, comprising:
an approval device coupled to a user device, the user device being coupled to a storage device and configured to generate a user request and associate any respective information from the storage device with the user request, the approval device being configured to receive the user request and any of the respective information, the approval device comprising,
a first approval module configured to analyze the user request and the respective information to generate a first result signal;
one or more additional approval modules configured to analyze the user request and the respective information to generate corresponding additional result signals;
a controller configured to receive the result signals and to generate an alert signal and an audit signal therefrom, such that the alert signal is transmitted to the user device and the audit signal is transmitted to an audit storage device.
10 . The system of claim 9 , wherein the controller is configured to generate an approval signal or a denial signal as the alert signal.
11 . A computer program product comprising a computer useable medium including control logic stored therein, comprising:
first control logic means for enabling the computer to determine whether to approve a user request through analyzing the user request and any related information during a first approval decision;
second control logic means for enabling the computer to alert a user when the determining is unsuccessful;
third control logic means for enabling the computer to determine whether to approve the user request through analyzing the user request and the related information during a second approval decision when the determining is successful; and
fourth control logic means for enabling the computer to alerting a user whether the second approval decision is successful or unsuccessful.