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Business IT Solutions

 

Compleat Purchase to Pay software fully automates the budgeting process, removing all manual systems and delivering moment by moment budget availability. This is achieved because:

  • Commitment Accounting: All purchasing commitments, delivery accruals and posted expenses to the ledgers (with the appropriate reversing journal) are retained by Compleat to deliver a real time budget checking facility.
  • Formal purchase approvals and budget checking: Purchase requisitions are automatically checked at each stage through the approval process and again on purchase order approval. Over budget requests can be prevented, or go through additional approval steps prior to final approval.
  • Budget Control: Because Compleat is tracking expenditure in real time, any changes to the central budgets on the accounting software instantly impact purchasing approvals. The management can increase, reduce or stop expenditure across any budget area on demand and in literally a few minutes.

Budget Management is a powerful spend control tool that enables spend to be managed at a very granular level. Management can increase expenditure to protect or accelerate key initiatives , reduce spending where appropriate to address short term challenges, or just turn spend off in an emergency.


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