Managing Internal Controls with Watchful Eye
Watchful Eye was built to help accountants get better visibility over what is happening in their accounting system (Xero or MYOB).
Use the Watchful Eye Alerts to enable better Internal Control management.
- When a bank account change is requested, Watchful Eye recommends that you phone the supplier to confirm the change is legitimate. This protects you from Business Email Compromise fraud. This Alert defaults to hourly.
- When a new supplier is set up, we recommend that you ensure the legal entity name & physical address have been entered into the accounting system. This Alert defaults to daily.