INOVIO Budgetary management
End of XLS tables when budgeting in the company. Create a single point of truth (SPOT). With one click, you can see the current budget and its drawdown status.
It doesn’t matter if it’s a budget department, a business center or a large contract.
Thanks to INOVIO
- implement advanced cost management based on pre-approved cost plans
- ensure that individual budgets are approved and the overall budget is established
- you can control budget execution using approved orders
- you will always see the current status of the actual drawdown according to the approved invoices received
Take a closer look at how this module works
We will show it to you in practice online, or in a personal meeting.
How are budgets managed at INOVIO?
Creating structured budgets
You can plan your expenses in a structured manner by chapter. Importing XLS budgets will significantly speed up your work. For individual chapters, you can (but do not have to) approve them and communicate with colleagues.
Ongoing work with the budget
With the approval of the budget, the real work is just beginning. INOVIO creates orders directly from individual budget items. You can approve orders flexibly thanks to your approval strategies, and we can set their form to meet all your procedural requirements.
Constant overview of the state of finances
During the work on the project, the orders are covered by the received invoices. One invoice can cover more than one order, but also vice versa – one order can be covered by more than one invoice.
Thanks to the “Budgeted – Drawn – Covered” model, you will get a continuous and accurate overview of the state of drawing of individual budget chapters and the entire project.
