Discover how budget holder management can help to tackle the challenges faced by disconnected finance professionals and budget holders.
Most businesses struggle with fragmented ordering and invoice approval processes and the assumption is usually that the onus lies with finance to make this work. With each department of the business using their own ways to manage their budgets, finance is challenged with needing to make sure they have all the information they need to process payments and approve invoices.
In short, there is a disconnect across businesses when it comes to financial management; one that could prove to have costly repercussions if ignored.
Your finance team may already have taken steps to tackle this by introducing accounting or ERP software, but is this enough? A next-generation solution is here to take this one step further – Budget Holder Management.
In this webinar, you will see how incorporating the right budget holder management software can unify all budget holders with finance, allowing for a more streamlined financial management system that shows real-time data as well as historical purchasing information. Budget holders are still able to use their analysis criteria for managing budget, but finance will have more control over ensuring all purchases and invoices go through their approval process, meaning nothing slips through the cracks.
Interested? Find out more by filling out the form to watch this webinar in full.