CapEx Approvals Managed

Streamline, Track and Analyze workflow for CapEx approvals.

 

capex approval workflow illustrationCapEx Approvals are critical to the operation and growth of your organization. Integrify is the only workflow and approval software that allows users to easily define, build, and publish customized capital expenditure request processes. Have a new, customized CapEx approval process up and running within weeks, not months.

Benefits of Automating CapEx Approval Workflow

  • Reduce request, review, and approval time
  • Streamline and standardize processes across multiple cost centers/geographies
  • Eliminate of error-prone manual or spreadsheet systems
  • Compare planned spend vs. actual spend
  • Provide a clear and complete  audit trail of all activities
  • Analyze and report on process performance
  • Identify approval process bottlenecks
  • Share CapEx data with existing Finance, ERP, and other enterprise systems
  • Collaborate with key personnel during approval process
  • Enable regulatory and organizational compliance

Integrify has worked with some of the largest companies in the world to develop sophisticated CapEx and AFE processes that have transformed manual, outdated processes into streamlined, audit-friendly workflows. Our software allows organizations (or our experienced service team) to build custom, automated processes that support your unique way of working, rather than trying to shoehorn you into a pre-built solution.

CapEx Approval Workflow Features

  • New: Live calculations displayed in CapEx entry forms
  • New: Dynamic line-item tables for data entry
  • New: KPI tracking for all CapEx process steps
  • 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

Get a 30-minute demonstration of how Integrify can automate your Capital Expenditure or AFE process.

 

 

Preparing for CapEx Automation

Preparing for CapEx Automation

Find out what to expect and how to organize the project, including:

  • Process Planning
  • How to Document
  • Outlining and Designing the Workflow
  • Building an Approval Matrix
  • Building Forms
  • Reporting Requirements
  • Tips for Change Management
  • Loads of examples and templates to steal

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