An agile capital expenditure approval process and transparent operation expenditure management are keys to cost containment and optimization.
Comindware CapEx Management software extended with OpEx management functionality is designed for business users. Easily configure web forms and workflows without having to solely rely on IT and suffer delays. It allows you to design, build, use and modify capital expenditure request processes within a highly intuitive, web-based user interface. With advanced CapEx system you get all the necessary tools for thorough expenses management while executing day to day business.
Have a new, automated CapEx approval process up and running within days, not months.
Easily design CapEx request forms and standardize request preparation:
Improve team communication and collaboration thanks to a single work environment for employees, automated workflows, documents and knowledge.
Identify CapEx management bottlenecks and implement corrective action in time:
Managing and tracking CapEx requests and approvals through lengthy email strings, paper trails or static spreadsheets can lead to loss of critical information, visibility and control. Here is a short list of common CapEx approval management challenges:
Workflow software successfully replaces manual CapEx approval processes by automating task flow and ensures faster approval process.
Effective CapEx communications ensure lower operating expenses and helps businesses with increasing overall value. Utilizing a proper CapEx approval solution will help with:
Usually, the following sub-processes are critical for automation:
Comindware offers the ready-to-use CapEx approval process template. Use it for quick start and adjust both approval workflow and CapEx request form according to your business needs with drag and drop simplicity.
Hertz has leveraged Comindware Tracker to create a modern CapEx approval application, which replaced complex Excel files. Thanks to process automation the rental car company dramatically reduced the expenditure approval cycle time, decreased operational expenses and minimized financial risks. Get our PDF Case Study to learn more about Hertzs objectives, approach, solution and results.
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Comindware® provides both on-premise and in Cloud deployment options as well as enables flexible transition between these options if needed.
Regardless of the device type – tablet, phone or ultra-book – Comindware ensures a fully consistent user experience and operational continuity.
Comindware provides advanced integration capabilities including bidirectional integration scenarios as well as support for both fine grained and bulk export operations – all available through Web Services open API’s and built-in enterprise service bus.