Workflow Automation & Governance
Choose better. Approve better. Track better.
Improve every stage of the Capex lifecycle.
Capex Requests
Get a clearer picture of capital expenditure requests. Finario automatically adapts to the type and status of the project, as well as the demands of your process, so you have exactly the data you need for each, while eliminating that which is not applicable.Â
Approval Workflow​
Automate capital expenditure requests to streamline and standardize the management of Capex across your enterprise. Proper authorization is an essential discipline and a mark of sound corporate governance. Improve every element of your process with our best-of-breed solution.
Rules Engine​
Generic workflow platforms and their slick visual workflow builders were not designed for the complexity of Capex. Finario’s rules engine is purpose-built to handle enterprise Capex approval effortlessly. Eliminate delays, manual workarounds and IT support headaches forever.
Enterprise Governance
Sound Capex governance goes way beyond routing to the correct approver. Currency conversions, entity data permission structures, ad-hoc approval options, backup approver provisions, audit trails, re-approval rules and data requirements must all be managed and respected seamlessly.
Stage Gates​
Manage the development and approval of complex projects from initial feasibility through post-completion review. Use your stage gate process to provide unparalleled control of costs, project data and management authorizations from start to finish.Â
- Project owners can build and manage their projects directly in the system
- Easily share detailed investment proposals including business rationale, cost projections, quotes, etc.
- Route Capex requests effortlessly; Finario automatically adapts to organizational or cost estimate changes
- Merge all active and proposed projects into a single view for faster/smarter investment choices
The Finario ONE Platform
Every Finario ONE application leverages a common purpose-built foundation
Investments
Your largest capital project and your smallest Capex request have something fundamental in common, they are both investments. Finario provides a "single pane of glass" for all activity on every project opportunity from ideation, to approval, execution and post-completion review.
Project Financials
Build out your project cost estimates to any level of detail using the work breakdown or other schema you prefer in the currencies that apply over any time frame. Adjust cost curves quickly and easily. Even reuse prior project cost schedules.
Spend Analytics
Your capital project cost detail provides a treasure trove of data. Finario brings this data to life with a powerful ad-hoc query builder that gives your project and procurement teams the tools they need to identify savings opportunities.
Process Reporting
You can’t improve what you can’t measure. Finario's reporting on the Capex process itself provides a framework for continuous improvement and demonstrating value from your performance initiatives.
Localization
A rich set of capabilities from currency conversion, automatic exchange rate feeds and language conversion enable seamless communication, collaboration and Capex decision making across cultures and around the globe.
Administration
Finario's robust application settings & admin configuration options have been designed to provide you the visibility and power to manage and evolve your Capex process over time as and when need be. You're in control, and we're always here to support you.
Finario has increased the speed of our approvals, reporting is much faster, and I have much more confidence in the data. It allows us to maintain all project-related information in a single location.
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