Budget Control

Budget versions, budget periods, budget trees, and BPM are tightly integrated into the organization's business activities from the purchase requisition through delivery, including interdepartmental service charges and inventory transactions.

Key Features:

• Complete roll-over and tracking of budget allocation, from the purchase requisition through the warehouse receipt and up to the final payment (and similar tracking of customer orders, from price quote to deposit slip)

• BPM-controlled budget versions, allocations, effective dates and authorization

• Real-time reporting and tracking tools with built-in alerts when actual spending deviates from budgeted spending by more than the designated threshold

• Multiple budget items may be assigned to a single GL account

• Budget tree integrity is checked and a preset hierarchy is enforced