Control Capabilities

Introduction

Automatically control spending according to a pre-defined budget, informing you when an expense exceeds the set budget.

Typical Problems

Staff members will submit requests for spending in many formats and via different methods e.g., paper forms and emails. This can be difficult to track, and it is easy to lose control over who can spend what which will lead to goods/services not being received on time often impacting projects or billable work.

Solutions

Cloud accountancy systems have built-in spending and budget control tools. Due to budgets being directly available decisions can be informed immediately on whether an expense can be approved or not.

Rules and restrictions can also be created to avoid unnecessary requests for approval, if an expense or requisition is submitted that will exceed the budget you can automatically warn or prevent users from submitting

Benefits/ROI

Greater control of budget spending with automated controls and notifications.