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 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.
Features:
- 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
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