An efficient and thoughtful capital expenditure authorization process is a cornerstone of sound cost control and can ensure that precious capital is put to the best possible use. Too often though, it’s a tiresome “box checking” exercise that fails to impact capital investment results as desired.

Unlock the collective wisdom of your organization and see that it is efficiently applied:

• Automate manual processes
• Standardize request preparation
• Ensure timely and accurate approval routing
• Minimize unproductive communication & email
• Track capital expenditure request status

Finario’s Capital Request & Approval application features:

• Investments – Establish one home for each capital project’s data and discussion.
• Rationale – Enter the investment’s business justification and alternatives.
• Cost estimation – Build cost lists in whatever level of detail you require.
• Content management – Upload project related files for easy access and retrieval.
• Asset disposition – Track the sale, transfer and retirement of replaced assets.
• Workflow – Route Capex requests automatically using dynamic authorization rules.
• Notifications – Generate automatic notifications of pending approvals by email.

Make sure capital projects are authorized properly, expeditiously and in compliance with your organization’s capital investment and audit policies. Request a Finario demo today.