A flexible CapEx approval management software for safeguarding investments and shorter CapEx cycles. Get the process automated within hours, ensure that each CapEx request goes through a rigorous evaluation process quickly, and gain a competitive edge in your market.
As the world changes quicker than ever and it becomes even more important to make sure that each CapEx request goes through a rigorous evaluation and approval process quickly in order to look forward to new growth opportunities, while safeguarding business from the financial drain.
Comindware CapEx Management software extended with OpEx management functionality is designed to empower enterprise CFO or “the finance guy” at a startup for full control over CapEx management. 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 an advanced CapEx system you get all the necessary tools for thorough expenses management, on-demand reports, and turning safeguarded investments into business growth.
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 help businesses with increasing overall value. Utilizing a proper CapEx approval solution will help with:
Usually, the following sub-processes are critical for automation:
An agile capital expenditure approval process and transparent operation expenditure management are keys to cost containment and optimization.
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.