Visual green and red indicators of budget availability at the requisition line significantly increases budget awareness across the organization. Approvers who are budget stake holders can view a calculated availability of budget and then drill to the details to review purchase orders (PO's), receipts, and pending requisitions committed to their budget.
View Real-Time Calculated Availability of Budget
Information at your fingertips improves compliance and accountability – allowing you to quickly make informed decisions. Simply export the details to Microsoft® Excel for further analysis and empower your managers to make informed purchasing decisions. View the details of Requisitions, PO's and Accounts Payable (AP) Invoices committed against your budget. Budget at the General Ledger (GL) Account level, but roll your budget by department. View and define your date range budgets.
Make your Organization "Budget Aware"
Organizations in the Not-for-Profit, Healthcare, and Public sectors or organizations with large CAPEX projects often have unique or more complex budgeting requirements, such as multi-year budgeting, project budgets, and grant-based budgets. Ariett offers both standard and advanced budgeting options. Ariett Procure to Pay offers unlimited budget templates and displays budgets stored in your ERP system, eliminating the need to duplicate your budget in multiple systems. Whether you budget at the full GL Account level or roll up budgets by department or cost center, ReqNet® budgeting offers display options based on year to date, year in full, or period based budgets.