You can create budgets by entering them directly in GO-Spend, importing them as Excel files, or importing them from your ERP system.
When reviewing contracts, purchase orders or invoices, your budget owners immediately see the impact on the budget. With real-time information, they can make informed decisions to approve or decline, and avoid over-spending.
Once you make a commitment, GO-Spend reserves it in the budget. It deducts approved orders, contracts, invoices, and payments already made from the available budget.
You can always see the status of your budget in real time. Not just at the end of a period in a report, but with every transaction you review.
To check your budget status, simply go to our dashboard or create reports. You can see expenditures across your organization and down to your individual team members. You can also get a high-level overview of your organization’s performance against KPIs.
Turn surprise overspend into history: Budget control leads to increased cost awareness among your team members.
Real-time information enables your budget owners to make informed decisions.
When they approve transactions, they always see exactly how much remains in the budget.
You can upload budgets from Excel or your ERP system, or create them in GO-Spend.
Once you create them, you can always see how much is spent and committed in any way (sourced, contracted or already invoiced).
Budget reports are available in GO-Spend at any given moment, not just at the end of the month.
With this level of visibility, unexpected overspend belongs to the past.
GO-Spend is the complete procure-to-pay application for financial and purchasing departments.
Use all features or choose only the features you need.
Get instant insight and tight control of your budget. Track available funds and make informed decisions on every order, contract and invoice reviewed for approval.
Automate and control your business functions like contract registration, approval, renewal, and more. Gain a central overview of all your business commitments.
Structure your procurement workflow and secure it with controls for every purchase. Automate creation, approval and release of purchase orders. Pay your suppliers. Gain insight from spend reports.
Save time and increase accuracy with automation of your tasks like receiving, posting, and routing invoices for approval.
Ensure invoice entry with minimal human intervention. Automatically match your invoices with corresponding deliveries, purchase orders, and contracts. Send any mismatches to owners of POs for review and correction.