SIMPLIFY THE MAINTENANCE OF A MULTI-LEVEL SPEND MANAGEMENT PLAN
Create budgets to forecast and track all expenditures throughout your company. Assign budgets to all levels of your company including branches, locations & departments to ensure limits are clearly outlined, and spending is accurately recorded.
Plan out spending strategies by creating budgets that can incorporate all types of spending throughout the company. Keep track of spending related to general ledger accounts, categories and all hierarchy levels of the company to ensure that purchases don’t exceed established limits.
For unique or short term budgeting needs, project budgets offer an effective way to plan and manage cost estimates associated with those initiatives. Each created project can also include sub-projects, which add additional structure to the way the costs for the budget are tracked.
Receive automated notifications when an expenditure would surpass an established budget on the system. Prevent overspending by inhibiting the placement of orders that would exceed a budget limit, or allow users to go over budget with just a warning, you control how it works.