Collaborative Budget Allocation and Management

Standardizing the budget allocation request workflow across company departments and divisions can lead to a predictable and timely outcome.

Features and Benefits

Standardisation & Improved Collaboration

A centralized location for comments, as well as a communication log for each request, can help involved stakeholders make quick adjustments and minimize any delays.

Automation

Automating the entry of data. Automating validation, minimizes errors and ensures the accuracy of any request. Full automation and elimination of error-prone spreadsheets/email process tracking.

Improved Visibility

End to end visibility. Alerts and notifications in cases of exceptions. Transparency at different levels of the process.

Notifications

Timely and accurate approval request routing and notifications Sequential or parallel approvals Escalations based on inactivity and due dates

Process Variances

Covers all process variants for budget allocation & management.

Reports

End to End tracking and audit trails

Budget Allocation & Management Workbench

Interactive workbench for users to review, take corrective actions