| Expenditure management is vital
and fundamental to organizations. Yet, there did not seem
to be an effective software solution for it. Affno Expenditure
Management automates the entire budgeting, spending and accounting
functions in a seamless and real-time manner and integrates
with all popular ERPs and Accounting Software. No more are
budgets cast in stone. This system treats budgets as real-time
living documents that need bottom up inputs from the entire
organization for budget creation. Similarly spending the budget
is a function of the entire organization. Thus, this system
empowers the entire organization to participate in these two
vital functions. Paradoxically, the CFO would have greater
ministry over these functions despite empowering other departments
to participate in them like never before. As the budget gets
or does not get used up as the year progresses, the remaining
budget would get automatically adjusted according to pre-determined
formulae. |
