CapEx software

A flexible CapEx approval management software for safeguarding investments and shortening CapEx cycles. Get the process automated within hours, ensure that each CapEx request is tracked and under your full control.

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Why to create a resilient CapEx approval process?

While investors and financial consultants analyze PP&E balance and its impact on the cash flow rigorously, it becomes #1 priority each CapEx request is being tracked and under control to safeguard a company’s shareholder value. Starting from the request receipt, its approval over different departments and further expense or capitalization of the investment, the process should comply with the company's policies, be transparent and error-free, so that capital assets are not- or over-invested.

CMW CapEx Management software extended with OpEx management functionality is designed to empower enterprises for a full control over capital expenditure to maintain assets growth.

Why a CMW CapEx software?

Easily configure web forms and CapEx workflows with drag-and-drop;
Analyze, build and modify capital expenditure approval process wherever you are;
Receive detailed reports and project status updates on your PC or mobile device;
Integrate CMW capex software solution with your ERP and 3rd party systems via API for a maximum efficiency;
Build a transparent and resilient CapEx automation system without coding;
Eliminate manual errors and stop suffering delays in CapEx tracking and approval.

The Best Business Process Management Software in 2023

CMW Platform is rated #1 BPM suite in 2023 to start your business automation.

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Key CMW CapEx management tool features

Automated CapEx Approval Process

Have a new, automated CapEx approval process up and running within days, not months.

Full automation and elimination of error-prone spreadsheets/email process tracking
Friendly workflow editor for hierarchy-driven approvals design and Business Rules setup
Timely and accurate approval request routing and notifications
Sequential or parallel approvals
Escalations based on inactivity and due dates

Agile Workflow and Ad-Hoc Approvals

Get advantage of on-the-fly changes to request-forms and automated CapEx approval workflows:

Designated alternative approvers
Manager-driven re-routing
Request route by amount, department or any CapEx data

Unified CapEx Request Submissions

Easily design CapEx request forms and standardize request preparation:

Graphical form builder available via any web browser
Configurable tabs and data fields
Standardized request processes across company divisions
Changes to forms during workflow execution
CapEx data export to MS Word and MS Excel

Team Efficiency

Improve team communication and collaboration thanks to a single work environment for employees, automated workflows, documents and knowledge.

Manager approval and request management by email or from mobile interface
Easy attachment of supporting documents
Centralized data and document management for CapEx process
Out-of-band integration with Outlook, SharePoint and Active Directory

CapEx Approval Process Transparency and Compliance

Identify CapEx management bottlenecks and implement corrective action in time:

Transparent view of the CapEx approval process and current status
Comparison of planned expenditure vs. actual spend
Reports on efficiency of process overall or for individual CapEx approval requests
Clear, automatically-generated audit trail
Visualization for sophisticated CapEx management process

CapEx Approval Process Transparency and Compliance

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Implementation example

Hertz has leveraged CMW Platform to create a modern CapEx approval application, which replaced complex Excel files. Thanks to process automation the rental car company dramatically reduced the expenditure approval cycle time, decreased operational expenses and minimized financial risks. Get our PDF Case Study to learn more about Hertzs objectives, approach, solution and results.

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