| VFA.spendManager Features & Benefits |
| VFA.spendManager facilitates proactive management of the entire capital spending process, including: |
Planning |
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Create a consolidated, consistent view of capital needs to facilitate both short-term and long-term planning. |
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Assure capital spending plans are aligned with strategy, need and capital availability. |
Budgeting |
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Involve all stakeholders—Finance, Facilities Management, Purchasing, Engineering, and others—in developing budget estimates. |
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Enable users to define and justify capital requests based on ROI, operational impact and strategic relevance. |
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Prioritize capital needs relative to one another and with respect to strategy. |
Forecasting |
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Accurately forecast cash needs and provide ongoing cost estimates. |
Purchasing |
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Automate and streamline the purchase requisition process, and enforce hierarchical and role-based purchase authorization. |
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Lower costs through aggregation and standardization. |
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Integrate information from existing purchasing and financial systems. |
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Reconcile capital plans with actual spending. |
Tracking & Reporting |
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Understand the financial and process impact of spending activities. |
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Apply fiscal-year controls to multi-year projects. |
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Manage variances and performance. |
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Make budget performance reports immediately available to keep everyone focused on results. |
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Customize reports by department and individual, and enable real-time alerts. |
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| Learn more . . . |
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Schedule a demonstration of VFA.spendManager |
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Download the VFA.spendManager product datasheet (PDF format) |
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Read the Sisters of Mercy case study |
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Read the Charleston Area Health Center study |
