"Men's courses will foreshadow certain ends, to which, if persevered in, they must lead…But if the courses be departed from, the ends will change." ~ Ebenezer Scrooge, A Christmas Carol
While today's budget manager is by no means the modern day Ebenezer Scrooge, Scrooge's story can provide insight into everyday business expense budget challenges. Working for a budget conscious organization, you see the Ghost of Christmas Future in the shape of your current budgeting system that is full of frustration and pitfalls. At the beginning of the year or month, you spend all of your time and energy in producing an expense budget and capital budget only to see that they do not allow for the necessary flexibility or adaptability for your organization. As the year progresses, you feel more and more mired in manually maintaining spreadsheets, matching invoices with purchase orders to determine budget availability, and updating the budget after making payments. Just as Scrooge felt like he had little control over his life choices, you feel like you have little control over tracking budget commitments.
Right now is the perfect time to face the “Ghost of Budgets Present in FY 2014” by introducing business expense budget solutions to relieve your headaches in the budget review process. Ariett Software offers real-time budget commitment review in the cloud that will empower you and your managers to make effective decisions – such as approving a requisition or travel request against a budget. Because of visibility to all requisitions, purchase orders, expenses, and invoices, Ariett can calculate budget availability in real-time and provide visibility to the status of department expense budgets or capital budgets. Ariett empowers managers with visibility to budget commitments in real-time in order to make more informed decisions about if and when to commit to expenses for marketing, facilities or capital purchases.
Since Ariett's budgeting feature factors in all open or finalized transactions, you will be able to see the current available budget and actual spending; the old Scrooge would never say bah-humbug to that! In addition, all transactions will be a cinch for you to track. The system automatically updates the status of a transaction as a requisition becomes a purchase order, a purchase order is matched with an invoice, and the budget adjusts.
If Scrooge had an accurate and efficient budget tool, he may have avoided being terrorized by three scary ghosts. Don't let your Budget Ghosts haunt you. Take control of your budget now with Ariett's streamlined expense management and budgeting workflow capabilities.