Budget Checking in Real-time

Help Employees Check Budgets with Integrated Purchase to Payment Platform

 

Savings

 

Budget Checking and Coding

Budget Checking in Real-time
Help Employees Check Budgets with Integrated Purchase to Payment Platform

A fully integrated Purchase to Payment platform makes budget checking easy for stakeholders because all of the transaction data is in one solution. When entering or approving purchase requisitions and invoices from any device, red, yellow and green indicators appear at the line item to quickly show budget status and availability.

Drill to the transaction details, view the budget calculation and analyze the budget further by exporting the details to excel.

Here are the key benefits of budget checking in a purchase to payment platform:

  • Healthcare, education and nonprofit industry sectors can track costs against a project or grant budget.
  • Publicly traded and fast growing organizations use budget tracking to develop forecasts and better predict cashflow requirements.
  • Upload and track budgets by month, year to date or across years.
  • Track budgets for vendor contracts or across vendors for capital projects with Contract Tracking.
  • Calculate available budget across all transaction types. For example, Ariett recalculates the budget as a transaction moves from requisition to purchase order to receiving to invoicing.

Ariett Budget Features

Track Budgets and View Available Budget in Real-time
Red, Yellow, Green Indicator Lights Show Budget Status at Line Item
Mouse Over to View Remaining Available Budget Amount
Drill to Transaction Details Tracked Against Budget
Export Budget Details to Excel for offline analysis
Supports GL Budgets
View Calculation by Percentage of Budget
Use Contract Tracking to Budget CAPEX Projects and Vendors

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