The Financial Budgeting Module allows companies with large amounts of divisions and departments to track, report on, manage, create and co-ordinate their department budgets. The budgeting module will interface with the Intoweb Procurement system and other financial systems.

The system as a whole will be managed by one department (usually finance), however general users or other department heads will also have access to the system.

Administrators

Administrators will have control over the main features in the system. Some of these include:

• Set up of the annual budget
• Allocate funds to the various departments
• View and draw reports on amounts spent
• View remaining amounts
• Track the funds as the departments spend
• Draw reports on budget allocations
• Set up alerts to track whether departments are overspending
• Send notifications to departments who seem to be overspending
• Block funds

Users

The users will normally consist of the persons who have access to the funds allocated to their departments. Some features include:

• View the amount allocated to their department
• Enter expenditure information
• Upload supporting documentation
• View amounts spent
• Draw reports on the amounts spent
• View amount remaining