“Our CEO approved his very first CapEx request from his mobile device.”

Ken Richardson, PCI Pharma Services

 


Capital Expenditure (CapEx) Request software that simplifies and streamlines workflow for expenditure submissions and approvals.

Integrify is the only workflow and approval software that allows users to easily define, build, and publish customized capital expenditure request processes within an intuitive interface. Have a new, customized CapEx Request process up and running within weeks, not months.

 


Download our new Ebook:
“Preparing for CapEx Approval Process Automation”
 capex-thmb


By using Integrify’s Workflow Management software to design custom capital expenditure processes, our clients have significantly improved the CapEx request approval process and reduced their CapEx approval cycle times by up to 35%. While providing unprecedented transparency into the entire process. Requesters can track progress, managers can make informed decisions and auditors have a complete, automatically-generated audit history.

Our customers are keeping their CapEx projects and expenditures aligned with their enterprise capital financial strategies and objectives. They’re clearly improving the management of their enterprise cash flow across the organization.

Features
Organizational hierarchy-driven approvals
Sequential or parallel approvals
Manager approval by email or mobile device
Escalations based on inactivity
Escalations based on due dates
Add file attachments
Complete audit trail
Manager-driven re-routing
Designated alternate approvers
Route by amount, department or any CapEx data
Ad-Hoc approvals
Accounting system integration
Capital Expenditure Request (CapEx) Process

(Click for larger) One example of automating the Capital Expenditure (CapEx) process with workflow automation.

Benefits of an automated CapEx Process include:

Productivity/Efficiency

  • Reduction in expenditure request, review, and approval time
  • Streamlined and standardized request processes across multiple divisions
  • Review and approve/manage requests from any mobile device
  • Easily attach supporting documentation

Compliance

  • Elimination of error-prone spreadsheet systems
  • Provide a clear audit trail that’s easy to understand and manage
  • Enable regulatory compliance and adherence to company policies and procedures
  • Establishment of multi-tiered process definition provides security for sensitive data

Reporting and Visibility

  • Report on efficiency of process overall or for individual requests
  • Provide a transparent view of the process and current status
  • Compare planned vs. actual spend
  • Identify bottlenecks and implement corrective action
  • Easily incorporate data into balance sheets and income statements and cash flow projections

Integration

  • Integration with existing financials in existing ERP systems
  • Add additional functionality via plug-ins
  • Embed CapEx forms and tracking into existing intranets or Web sites

Integrify Is More Than Just Software

Sure we have a great software product, but we also have a great service team that can drastically reduce your implementation time. Our experienced consultants have built CapEx workflow solutions for the biggest companies in the world. That means that if you need help with planning, best practices, process design or you want us to build everything, we can. In fact, we’ll even build a prototype of your CapEx process in our system that you can evaluate for 30 days.

Watch Integrify in Action


Read how Baylor University and British Petroleum use our CapEx  approval solution for capital expenditure request management.

Contact us to get a free demonstration of how Integrify can streamline your CapEx Request process and provide actionable analytics.

CapEx Automation Demo

CapEx Automation Demo

Find Out How to Automate and Streamline Capital Expenditure Requests with Integrify

Get a Free Demo

 

 

Automate CapEx/OpEx requests or any other finance process with Integrify.

 

See the difference Integrify makes for your business

Get a Free Demo Join aWebinar New Call-to-action