Korea Electric Power Technology Strengthens Corporate Card Management for Employees

Advancement Project of e-Gamsa Monitoring System Progress

[Asia Economy Sejong=Reporter Dongwoo Lee] Korea Electric Power Technology, which mainly handles the design of nuclear power plants, is strengthening the monitoring of corporate card usage by its employees.

According to the Ministry of Trade, Industry and Energy on the 31st, Korea Electric Power Technology is currently conducting a service bid until the 7th of next month for the advancement of the e-audit system. The enhancement of the audit system is part of efforts to minimize physical contact after COVID-19 and to improve the flexibility and efficiency of audit tasks.

They plan to add a corporate card monitoring scenario linked to the business trip system in the e-audit system rebuilt last year. Through continuous monitoring, they will check corporate card usage during business trips in real time and process audit cases into a database to improve information accessibility in the future.

By comparing business trip-related information such as travelers, regions, and periods with corporate card information in the accounting information system, it will be possible to examine cases where travelers used cards outside their business trip locations. It will also be possible to display usage details to employees who have used amounts above a certain threshold and request explanations.

Korea Electric Power Technology expects that by strengthening the e-audit system, it can reduce corporate card abuse and improve the efficiency of internal control tasks. They also plan to create integrity and ethics content that employees can participate in to further strengthen accident and incident prevention.

The accumulated audit information will also be used to establish advanced risk management measures in the future. The project schedule is three months from the contract signing date. Previously, Korea Electric Power Technology first introduced the e-audit system in 2010 and has been steadily making improvements, completing a rebuild last year.

A representative from Korea Electric Power Technology said, "The need to manage corporate card usage audit systems in real time internally has recently increased," adding, "Through system advancement, we will create a smooth communication atmosphere with employees and effectively respond to realize open audits."

This content was produced with the assistance of AI translation services.