Capital Budget Management in Weissr
Weissr Capex simplifies capital expenditure planning by enabling the creation and management of single-year and multi-year budgets. A Capital Budget consolidates all project funding requests and approved expenditures, along with contingency amounts, into one comprehensive financial plan.
Key Features:
Align capital planning with strategic goals.
Flexibility to create multi-year or single-year budgets.
Auto-inclusion or manual selection of projects based on criteria.
Key Concepts:
Capex Requests: Funding requests tied to specific projects created and managed in the Weissr Capex Management Module.
Budget Statuses: Tracks the lifecycle of a budget (No Status, Preliminary, Approved).
Inclusion Criteria: Determines project eligibility for the budget.