Usher In a New Era of Contextual Capital Project Collaboration
In the typical mid-size organization, hundreds of individuals working in a half-dozen different departments spread across dozens of locations around the world must communicate effectively on hundreds of capital projects. With thousands of discrete costs across these projects that spawn several thousand purchase orders, invoices and payments, it’s hard to keep effectively keep track it all.
With a suite of comprehensive Capex management solutions that promote the cross-pollination of ideas among colleagues within a single, unified platform, Finario enables capital project collaboration with the appropriate level of transparency for all stakeholders throughout the capital investment process.
Capital Project Collaboration Functions
Implementing an Effective Capex Sourcing Strategy
A key strength of high performing companies is the ability to apply strategic sourcing and supply-chain management techniques used in the acquisition of raw materials and other “direct” spend categories to capital goods. In this briefing, Finario explains how it’s imperative to bring procurement into capital project development at an early stage in order to successfully bring spend management benefits to Capex.
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