Procurify's Budgets are displayed in a way that provides Approvers and other team members the ability to track their spend throughout the entire journey.
Last year we made changes to add value to Budgets. These improvements provided a breakdown of the Budgets based on the stage they were currently in within Procurify. Approvers and team members with Budget access were then able to make better-informed decisions based on the segmented information.
We're excited to let you know that things are about to get even better!
Recent updates will provide you with a further breakdown that displays the amount of spend within your Budget that has also been placed on an approved Bill within Accounts Payable.
You can now see this in purple on Procurify’s Budget graphs.
Your Budget and Spend Pipeline will also take into account changes made to your Budgets that take place within the Accounts Payable section. This is important and allows your team to maintain the most accurate budget with real-time information, regardless of where the changes have been made.
This update means our real-time budget graphics are now more accurate and useful than ever before.
To learn more about these features and how they work, take a look at these linked articles:
Also check out our video below that overviews Procurify’s Budgets, including the updates: