Your capital expenditures range from small to large and span a number of different investment categories. Many of the people submitting Capex requests do so infrequently. Ensuring that that each investment request contains the correct information to be vetted in an efficient and uniform manner is no small task.
Make it easy for everyone to provide the information you need in a timely fashion:
- Eliminate spreadsheet mistakes
- Standardize financial metric calculation
- Institutionalize best practices
- Ensure that projections reflect the latest operational plans
Finario’s capital project application features:
- Templates – Dynamically adjust the information required for Capex request submission.
- Benefits – Make it easy for project managers to generate accurate P&L projections.
- KPIs – Automate the calculation of Payback, NPV, PI and other key financial metrics.
- Alternatives - Understand the complete financial profile of alternative project options.
- Performance review – Close the “feedback” loop to drive continuous improvement.
- Benchmarking - Compare project performance across the organization and over time.
Ensure that capital expenditures are reviewed thoroughly and thoughtfully to lay the foundation for successful execution and timely, on-budget completion. Request a Finario demo today.