The invention comprises management of integration with
interfacing applications, with emphasis on configurable
database connectivity, logic manipulation of data,
error checking with correction capability, with or without conditional criteria through a
Graphical User Interface. The data can further be configured to be transported directly or through user-controlled means that allows manual modifications. The
system mines the original and modified data with
timestamp, history and audit trail that can generate audit-related information any time in the future. It further provides a hierarchical roll up and breakdown capability of managing reserves assets. Approval, Action Item, document attaching, notification and
instant messaging functions can be linked to the integral functions. Status, history, audit trail, reports and statistics are tracked, maintained and linked to each element of the data and its related function, and this information is producible in any statistical, graphical or textual format.