Gain complete transparency into the whole process, as your workflows are clearly defined to keep everyone in the loop on the next steps. Changes and reviews are all documented and available in one centralized repository.
Take authority over planning budget policies and approach. Keep it dynamic as per changing market conditions, thus enabling flexibility.
Reduce human intervention by automating process steps, such as budget approvals, documentation, notifications, and much more.
Fetch and update data from and into other third-party accounting software, ERPs, databases, and more, with the help of the integration feature built in to Qntrl.
Easily convert budgets coming in from various departments into one uniform standardized form, making it more readable.
Avoid situations where work halts due to pending approvals. Qntrl notifies stakeholders at each step of the process, which reduces the time it takes for final approvals.
The executive board submits a request to set the year's budget to the finance department.
Once the board requests the budget, Finance notifies all the other departments to submit their budget forecast for that particular year.
Once all the departments submit their respective budgets, the finance department reviews them. If feasible, the budget is approved. If not, the concerned departments are asked to modify the budget.
Once the budget is approved internally by the finance department, top management reviews it. If there are any delays, a meeting is scheduled with the divisional managers and the budget is modified again.
Once top management approves the budget, it's consolidated, finalized, and documented. Later, the request is closed.
-- Choose the one that best suits your organization --
Qntrl is the world’s #1 Workflow Orchestration Software. See why.
Get end-to-end visibility of all your workflows. Know what your team is working on, what progress has been made, and what’s coming down the pipeline.
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Optimize processes by budget. Boost low-cost requests, route high-value items through departments. Embed finance controls, leverage compliance for business performance, not resource drain.
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Access unified, relevant info in processes- SOC 2 for credit risk, payment vouchers for accounts payable, etc. Notify peers faster via email, SMS, or chat app.
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Track payments, send reminders for overdue amounts, customize invoices and statements, and automate workflow steps, assignments, and notifications. Adapt easily to changing business needs.
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Discover payment delay causes, reduce cycle times, monitor employee performance and access real-time reports. Schedule custom reports and stay on track with automated SLA reminders.
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Create flexible processes–request checks, approve budgets, reimburse travel, etc., tailored to your business. Workflow designer with advanced features– parallel transitions and common states.
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Connect Qntrl with tools like Netsuite, SAP, Slack, Stripe, and more. Minimize manual reconciliation and compile data from different sources. Customize Qntrl to fit with APIs and scripts.
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Advantages of a cloud-based platform with unbeatable security. Data encryption and role-based access controls for your sensitive information. Audit capabilities to find out who-did-what-when.
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