Automation enables finance teams to track budgets effectively and efficiently
Finance teams need automated solutions to apply rules or manipulation to data without risk of human error, or of taking up time that could be better spent adding more value.
Our solution tracks income, expenditure and budgets to give visibility of how your organisation is performing against plan. It provides insights on key suppliers; how much spend is under management; compliant and non-compliant spend; and on supplier consolidation opportunities.
We use both spend data and budget information to track the expenditure against budgeted amounts.
The spend is mapped against budget data at a cost centre / business unit level, allowing us to monitor spend at an organisational, divisional and cost centre level.