Putting approval requests to each authority manually may consume time in CAPEX approval, and such steps may affect the operational growth indirectly.

Having a flexible CAPEX approval software that works on automated hierarchy for protecting investments consuming shorter process cycles can ease the fund management. With Bitscape’s expert team, get your existing process automated within a few days or hours, ensuring each request passing through an attentive evaluation process swiftly and attain a competitive edge in your business.

 

The world of business is continuous in evolution and in such constant growth worthy approach it becomes even more crucial that each financial decision is been taken under multiple approvals. CAPEX requests are one of the important parts of fund management which must go through a diligent evaluation and approval process in order to grab new growth opportunities taking business finance safety in consideration.

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Bitscape’s CAPEX approval system, extended with fund management functionality, is designed to empower business finance professional’s capabilities at the advanced level of complete control over Capex management. Without relying on the IT team, any business can adopt the solution as it is easy to configure in all systems. Its web forms and workflows are easy to understand, and any finance professional can operate as well as manage funds through it. It allows users to design, build, use and modify capital expenditure management processes within a highly responsive, web-based interface. Its business intelligence-supported reporting features make finance forecasting easy and manageable. With the technologically advanced CAPEX approval system, you get a complete set of tools for exhaustive expenses management, on-demand forecasts, and turning fund investments into business growth.

Get the best out of your CAPEX

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faster in fund approval related query resolution

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your finance operations

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enterprises follow such digital responding systems

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hours saved a week on fund management operations

Features

All you need to manage your business finances; we deliver digital solutions. A solution that resolves your in-house fund approval process & queries in marginal efforts & delivers a highly satisfying user experience.

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Advanced Digital System

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Fund management system

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Request generating system

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Priority alert

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Multi-level approvals & notifications

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Multilingual knowledge management

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Automation

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Email Integration

Key Functionalities

In collaboration with Microsoft Technologies, Bitscape gives the best-in-class digital feature experience.

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Automated Approval Process

  • Automated request generation
  • Multi-level approvals and elimination of email process tracking
  • Easy to use workflow
  • Editor for hierarchy-driven approvals design
  • Prompt and accurate approval request routing & notifications
  • Sequential approvals

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Agile Workflow and Impromptu Approvals

  • Advantage the on-the-go changes to the request-forms
  • Automated CAPEX approval workflows
  • Designated alternative approvers
  • Re-routing with comment addition
  • Request route by the amount or any CAPEX data

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CAPEX Request Submissions

  • Easily to use design for CAPEX request generation
  • Graphical form builder for all web browser
  • Configurable tabs and data fields
  • Standardly bifurcated request processes across enterprise divisions
  • Changes to forms during workflow execution
  • After approval, data export to PDF

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CAPEX Approval Process Transparency

  • Identify CAPEX management congestion and implement corrective action
  • Transparent view of the CAPEX approval process status
  • Reports of overall process with individual comments
  • Clear, automatically generated audit trail
  • Sophisticated CAPEX management process for various departments
  • Integration with 3-rd party accounting and ERP systems as per requirements
  • Data export and import to assure the accuracy of enterprise balance sheets and income statements

Used in Industries

Bitscape's CAPEX Approval System is used by many industries as it is available as a vertical-specific solution. Through automation many businesses are leveraging finance management and saving healthy amount of money from capital expenditure every year.

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