16 05, 2022

Why Companies are Accelerating Capital Expenditure Digital Transformation

2022-05-16T16:02:52+10:00May 16th, 2022|

What is Capital Expenditure (CAPEX)?Capital Expenditure (CAPEX) is money invested by a company to purchase, maintain, or improve its physical assets such as buildings, machinery, and computer hardware and its intangible assets such patents, trademarks and computer software.CAPEX is often confused with OPEX (operating expenditure), but the two are distinct.CAPEX [...]

2 05, 2022

How to Score and Rank Budget Appropriation Requests

2022-05-02T19:10:12+10:00May 2nd, 2022|

Overview Capital investments deliver ongoing business benefits through either reinvestment in depreciated assets (sustenance) or by making new investments for growth. For most organizations, managers are invariably presented with more applications for funding than the time and money available to commit. It therefore becomes essential to apply a process [...]

30 03, 2022

Preparing a Capital Expenditure Budget – Commitment or Cash?

2022-03-31T13:32:39+11:00March 30th, 2022|

Overview Most organizations prepare an annual capital expenditure budget that is approved by the management board on behalf of all stakeholders. Most senior managers will even know the exact number, as the ‘business as usual’ budget remains relatively consistent year on year to effectively replace and gradually expand the [...]

14 03, 2022

How to Use SAP Appropriation Requests

2022-03-16T12:20:02+11:00March 14th, 2022|

Overview Capital Investment Management in SAP is supported by Investment Programs (which are the source of budget), Investment Measures (which receive a budget allocation for procurement) and Appropriation Requests, which serve as the link between the two. Appropriation Requests are typically used to capture budget item requests for next [...]

1 03, 2022

Overall vs Annual Capital Investment Budgeting

2022-03-03T14:21:36+11:00March 1st, 2022|

For all organizations, funding and resources are limited, and management is required to allocate available financial and human capital efficiently. The total amount of funding for investment in replacement of existing assets and in new growth or cost saving initiatives is typically agreed by management and stakeholders on an [...]

27 01, 2022

5 Key Considerations When Converting Data into a New CAPEX System

2022-01-28T17:11:44+11:00January 27th, 2022|

Article By: John Datuin & Ana Chua After finalizing your design of a new improved capital expenditure management solution and having gained the approval of all stakeholders to go live, the final hurdle will be data conversion. Data conversion includes activities related to converting both master data and transactional [...]

2 12, 2021

Unlock Value in your Procurement Process with these 5 Digital Transformation Workflows

2022-01-10T11:46:31+11:00December 2nd, 2021|

The business benefits and savings to be gained from Procurement initiatives are significant. SAP Fiori has provided organizations with the catalyst for digital transformation, however according to CIO Review, “the best thing about workflow solutions is once you successfully implement a single business process workflow, then the process of [...]

17 11, 2021

How to classify your Investment Reasons in SAP Investment Management

2021-11-18T10:19:53+11:00November 17th, 2021|

Overview Why do you make long-term capital investments? The key responsibility of management for stewardship and growth of an organization on behalf of stakeholders is to invest resources (both time and money) wisely for the future. Beyond day-to-day operating costs, this requires making longer-term, higher-value purchases in anticipation of [...]

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