Monitor your budgets in real time.
Track spending, prevent overruns, and maintain full financial control across your organization.
Budgets Connected to Purchase Orders
Budgets update automatically when purchase orders are created, giving you full visibility of committed and remaining spend.
Validate spending during purchase order creation
Track pending and approved purchase orders against budgets
Monitor remaining budget in real time
Configure tolerance levels for budget overruns
01.
Define Budgets
Create budgets and sub-budgets to control purchasing limits.
Set budget limits and validity periods
Create sub-budgets for specific spending areas
Define over-budget tolerance levels
How Budget Tracking Works
Follow every purchase order from budget definition to remaining budget tracking.
02.
Track Spending
Monitor purchase order spending against budgets in real time.
See remaining budget instantly
Track pending and approved purchase orders
Monitor committed spend against budgets
03.
Stay in Control
Maintain control of spending with automated budget validation.
Validate purchase orders against budget limits
Configure tolerance for budget overruns
Access budget data on desktop or mobile
Budget Management Features
Proactive Adjustments
Adjust budgets instantly when spending changes.
Automated Control
Track spending automatically as purchase orders are processed.
Total Transparency
See exactly where money is being spent across departments and suppliers.
Configure Budgets to Match Your Organization
Why wait weeks? Get your entire team onboarded within the same business day. Our experts handle the setup so you can focus on growth.
The software is easy to use, very self explaining and is for us (with multiple properties in different locations) a very important tool. With the tool you can not only see the amount of money and the supplier for the wanted order, but aswell see the approval workflow and structure it by department or budget. Since the PO Books are staying in the system, we are also able to see the history of a purchase order from a different year.
Rebecca Stitz, Controller, 25hours Hotels