— Office of the CPO —
Cover more spend.
Bring your sourcing strategies and discipline to capital investments.
Give visibility to the capital spend
procurement doesn't always see
Everything procurement does to guide suppliers, negotiate contracts, and manage strategic acquisitions is relevant to capital planning. Yet many CPOs have limited visibility into Capex. Most sourcing systems were built for direct spend, so Finario closes the gap.
Full Spend Visibility
See capital spend across the entire project lifecycle, including categories, vendors, and commitments procurement may have traditionally been “blind” to.
Negotiate From Strength
Benchmark project costs across the portfolio to spot outliers, consolidate vendor spend, and negotiate every capital purchase from data, not guesswork.
Source-to-Pay Integration
Connect Finario to your S2P and sourcing systems so approved suppliers, contract terms, and negotiated pricing carry straight into capital plans.
Enforce What You Negotiated
Contract compliance and spend controls make sure negotiated rates and terms are the ones actually being paid, not just the ones on paper.
Influence starts with transparency.
WHAT THE CPO NEEDS
- Visibility into capital spend before commitments are made, not after
- A seat at the table when project budgets and vendors are decided
- Confidence that negotiated pricing and contract terms are actually followed
- Data to benchmark project costs and spot maverick spend
- A system that connects to procurement's existing source-to-pay stack, not a workaround
WHAT FINARIO PROVIDES
- Real-time visibility into capital project spend from business case to close
- Native integration with leading source-to-pay and sourcing platforms
- Contract and vendor data connected directly to capital approvals
- Portfolio-wide cost benchmarking to flag outliers and sourcing opportunities
- An open API that speaks to procurement's existing systems, not around them
Turning sourcing discipline
into Capex excellence.
Procurement’s expertise doesn’t stop at the purchase order. But without access to project data, it’s hard to add value where warranted. Finario changes that by giving CPOs a way to bring the same rigor to capital spend that they already apply everywhere else.
We can now see purchase orders and spend against each project quickly, and the information is updated automatically every day.
MIS DIRECTOR, METALS
Capital Management with Finario is a very smooth process.
CAPITAL PROCUREMENT MANAGER CHEMICALS
— SPEND VISIBILITY —
See the capital spend, that may be flying under the radar
Most sourcing systems were built for direct spend: inventory, materials, production inputs. Capital spend on equipment, construction, and contracted services often moves outside your view. Finario surfaces every proposed purchase by category and by vendor, from business case to close.
— CONTINUOUS IMPROVEMENT —
Forecast visibility
bridges the planning & execution gap
Get forward-looking visibility into aggregate demand, help negotiate volume discounts, and secure critical supply lines months in advance. It provides real-time insight into committed costs, actual market pricing, and optimized cash flow schedules for a valuable two-way flow of data.
— FOR THE OFFICE OF THE CPO —
Capex Benchmark Assessment: 10-Steps to Evaluating & Creating a Single Source of Truth
An effective capital project portfolio is vital to a healthy, growing business. It’s why assessing your Capex efficiency and performance is so important. To do so, start with this simple guide to help gauge how you’re doing, and discover ways to improve.
See how Finario ONE is built for the CPO
Get a guided walkthrough of Finario, tailored to how your leadership team prioritizes, manages and tracks capital investments.