Itemized Project Budgeting
Every item quoted transforms into a dedicated line item within the project, complete with allocated budgets for buying, general pricing, and selling. This granular budgeting allows for a clear, line-by-line financial overview, ensuring all costs are transparent and manageable from the outset.
Effortless Purchase Order Creation
Generating a Purchase Order (PO) is straightforward: simply select the desired items from the project list, right-click, and choose ‘Create PO’. Our system is designed to make procurement as smooth as possible.
Budget Visualization for POs
Upon initiating a PO, you’ll be presented with a budget window displaying the total and remaining funds for the selected items. Enter the required details in this window to proceed with crafting your Purchase Order, all within the predefined budget constraints.
Seamless Purchase Order Management
With a click, create and log your Purchase Order directly into the project and automatically synchronize it directly with your accounting software. This integration streamlines the process, reducing administrative overhead and the potential for errors.
Intelligent Budget Warnings
Should you attempt to raise a PO that exceeds the remaining value of an item, an alert is triggered. This system not only warns you of potential overspending but also highlights any amounts that have already been committed
Overspend Authorization Process
To request authorization for overspending, the system notifies the designated company authorizer via email. They can then approve or decline the request directly from their inbox, ensuring control and accountability in budget management.
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Get in touch with us today to find out how Tibr can save you thousands of pounds on your quoting and end to end processes every single year.