Capital project completion is the formal process of bringing a capital project to its conclusion. It involves finalizing all project activities, ensuring that project goals and objectives have been [...]
Should you implement SAP Investment Management in S/4HANA? Two key drivers that should prompt a re-evaluation of SAP Investment Management (SAP IM) are: 1. Heightened focus on more effective [...]
Project budgeting and cost forecasting are two related but distinct concepts in the realm of project management and financial planning. While both involve estimating and predicting project costs, they [...]
The Capital Expenditure Management Process The road towards implementing an effective Capital Expenditure Management Process begins with a simple understanding. Organizations incur two types of expenditure: Operational Expenditure is [...]
Finance teams are raising the awareness that Capex software is no longer a nice to have, it’s a necessity. With increasing pressure for complex decision making, in shorter timeframes [...]
Capital projects are high value, often complex and extremely important to an organization’s profitability. They are typically large-scale projects, like a new warehouse or plant equipment, and require considerable [...]