OnSeen Releases Version 2.0 of Its Consumer Financial Account Management Module for the Intellectual and Developmental Disabilities (I/DD) Community
OnSeen’s Breakthrough Technology Gets Even Better to Prevent Financial Misuse and Simplify the Individual Fund Management Process for Agency Providers and Direct Support Professionals
Columbus, Ohio, March 29, 2022 /PRNewswire/ — OnSeen today announced the official release of version 2.0 of its Consumer Financial Account Management (CFAM) software module. Designed to help prevent embezzlement in the intellectual and developmental disability community, the CFAM module provides breakthrough technology to agency providers who manage individual financial accounts (e.g. petty cash, gift cards, EBT cards , savings accounts, checking accounts and trust accounts). accounts) on behalf of people with disabilities. Version 2.0 includes several enhancements and new features, including digital scanning of receipt photos to prevent blurry images, a hierarchical approval process for general ledger transactions, and the ability to archive month-end financial packages . Together, these enhancements will help Direct Support Professionals (DSPs) spend less time on tedious administrative tasks and more time delivering care. They will also help agency vendors significantly reduce the complexity of the month-end reconciliation process and mitigate the risk of a Major Unusual Financial Incident (MUI).
“With the LiveCare Consumer Financial Account Management Module, we have transformed the way we manage the financial accounts of the people we serve from a manual, paper-based, error-prone approach to a fully digital, automated, and streamlined,” said Rich JohnsonCEO of ViaQuest, “As a result, our administration errors have been largely eliminated, our time spent reconciling month-end accounts and preparing financial packages has been reduced by an order of magnitude, we have no had no associated user interface or MUI, and our DSPs are able to spend more time caring for the people they support.”