Enterprise Capex Approval Automation
An efficient and thoughtful capital expenditure approval process is a cornerstone of sound cost control and can ensure that precious capital is put to the best possible use. Too often, however, approving capital projects becomes a tiresome “box checking” exercise that ultimately fails to impact capital investment results as desired. Finario’s platform provides an intelligent and effective means of standardizing the Capex approval process by centralizing workflows and automating formerly manual processes.
Core Capex Approval Application Functions
Real-Time Capital Budget Context. Unparalleled Approval Decision Making.
With Finario Converge, organizations can now leverage Finario’s capital and portfolio management platform to generate precise answers in real-time to age-old questions such as: Where do we stand against budget? Do we have the funds to do this investment? And lastly, how does this project compare to the others awaiting approval this year?
The Keys to Successful Capital Investment Authorization
Approving the portfolio of Capex proposals which will make the maximum aggregate contribution to the company’s strategic objectives and enterprise value is critically important. In this briefing, Finario explores how effective approval processes can be implemented via upfront investment planning and thorough project development.
The Cornerstone of Cost Control
Finario’s cloud-based platform signifies a paradigm shift for Capex approval by enabling your organization to make informed approvals through a streamlined process that:
- Automates manual processes
- Standardizes request preparation
- Ensures timely and accurate approval routing
- Minimizes unproductive communication and email
- Tracks capital expenditure request status
It’s time to optimize your cost control workflow and unlock the collective wisdom of your organization by leveraging Finario’s innovative Capex approval solution.
Explore More Capex Solutions
© 2017 Finario, All rights reserved.