site|folio

Capital Budgets in action

Create all-in budgets that facilitate multi-departmental collaboration involving many approvals and versions to commitment, through execution and then leveraged for quickly comparing and estimating subsequent projects - mirroring your workflows and approvals.

Increase accuracy and save time by creating unlimited real-time translations into any number of required company and departmental capital budget formats, groupings, sorts, line item levels, and accounting coding requirements.

Create uniquely modeled Work Breakdown Structure and CSI composed from unlimited hierarchical levels - allow users to enter amounts at any level in your hierarchy, allowing your budget to grow deeper, more detailed and more accurate as it progresses.

Toward a more dynamic and accurate budget

Leveraging your financial data into a capital budget is difficult because, traditionally, multiple departments and enterprise systems with competing formats are required to facilitate an all-in budget. site|folio is stepping up to this challenge with Capital Budgets.

With Capital Budgets your numbers are consolidated in one place, visible to all stakeholders, at the depth and level you require, as your real estate development progresses and your budget evolves. With one stroke you can blend integration, estimating, planning, execution and reporting into one tool. The result is relevancy: Capital Budgets can make any number of views relevant to each business stakeholder.

At its core Capital Budgets takes into account the fact that entities within and outside your enterprise might not report numbers the same way. To get projects approved – or to report appropriately to accounting and procurement departments – requires numbers that match 1:1. Capital Budgets instantly and seamlessly handles this translation. Couple this translation with relevant views and you’ve taken a big step toward managing costs and building a quality commitment budget.

In this example the user views the capital budget by ‘location’ (how thier budgets are provded for capital approval) then instantly reviews (in one click) that breakdown by FFE & LHI. The user then pivots thier master CSI by store location (in another click) providing a detailed breakdown of costs by building component. This type of visibility into an all-in budget is unprecedented. The possibilities are endless.