Capital budgeting & planning is a critical step for ensuring investments support business growth. It is an important part of any project portfolio management solution. The challenge is that budgeting and planning approaches can vary by the size or type of organization, division or project.
EcoSys provides a flexible and integrated platform for capital budgeting & planning that tailors to unique processes across your enterprise. Manage annual budgets and long term capital plans to confidently deliver maximum value for your business.
Key Benefits For Capital Budgeting & Planning
Improve capital efficiency and better control annual spending. EcoSys enables:
Strategic Alignment
Ensure short- and long- term budgets and plans align to objectives
Invest with Confidence
Gain accountability and measurability of investment decisions
Improve Performance
Define and communicate benefits-driven plans to improve performance
Other Highlights of Capital Budgeting & Planning with EcoSys
EcoSys’ out-of-the box capability supports capital budgeting and planning within the same software used to manage and control project portfolios and costs, changes, and performance. Leverage connected data to optimize the use of capital across your enterprise.
- Create and manage annual spending plans.
- Make budgeting decisions that are accountable and measurable.
- Manage monthly spend plans with accurate forecasts.
- Monitor current plans against baselines and snapshots to identify potential process and personnel issues.
- Create scenarios and initiate changes to improve capital efficiency and control annual spending.
- Develop multi-year capital plans to deliver long term strategic priorities.
- Create accurate and benefits-driven plans to communicate to internal and external stakeholders.
- Define and communicate how capital plan will improve performance and drive growth.
