CapEx lifecycle management
Transform and automate your CapEx lifecycle management
Get the most out of your capital expenditures
Capital expenditures (CapEx) have a substantial effect on companies’ short-term and long-term financial standings and often require extensive time and preparation for approval. As a result, businesses often apply complicated and manual processes when forecasting and evaluating the costs, benefits, and risks associated with each investment.
- Achieve greater ROI
- Easily audit your projects and consolidate budgets, submitted requests, actuals and forecasted spending into a centralized view.
- Streamline requests for better user experience
- Use dynamic forms with full validation to capture requests, automatically kick off approval processes, and provide net present value (NPV) to users.
- Reduce processing and approval times
- Remove any bottlenecks in your workflows and speed up approval processes by automating escalations to meet deadlines. Minimize lost requests and incorrect request designations, and account for planned and unplanned carryover.