Budget Management
Real-time Budget Management
Simplify requests and approvals to save time, while
ensuring compliance with corporate policies.
Maximise budgetary controls through the power of automation
Zudello helps prevent any out-of-budget spend in real-time. Immediate feedback is provided to staff and approvers to improve all financial controls and risk management.
Configurable
Easily set up and adapt budgets by department or spend category to improve internal financial controls.
Control
Prevent out-of-policy spend through automated, data-informed approval processes that meet your policies.
Insightful
Real-time insights are provided to purchasers and approvers based on category-based spend vs budget.
Transparency
All purchase requisitions are tracked and can be reviewed in real-time against budgets and approval steps.
Flexible and adaptable budget management
Every organisation has unique budgeting needs. Zudello's flexible budget configuration allows you to create custom budget categories based on departments, account codes or any other combination of dimensions. This can also be synchronised with your ERP. This ensures that your budgeting process is aligned with your organisation and specific projects, enabling better resource allocation and project success.
Manage spending with budget-based approvals
With Zudello, you can see the potential impact of a purchase on your budget before approving it. This visibility ensures that you are always aware of over, or under-spending, allowing for better financial management and more informed decision-making.
By integrating budget approval controls into your procurement process, Zudello helps you better manage your finances and avoid unexpected budget variances. This feature ensures that every financial decision is made with a clear understanding of its budgetary impact.
Stay ahead with real-time insights
With Zudello, you can quickly reallocate resources and prioritise projects based on your current budget, ensuring that your financial strategy aligns with your business goals. By identifying misspending early, you can take corrective actions before it turns into a significant issue, maintaining control over your cashflow and budget management processes.
Gain complete visibility over all expenditure
Zudello offers real-time budget tracking, providing managers with immediate visibility into the impact from potential purchases or expenses on their budgets. This proactive approach allows you to review spend regularly, identify overspending or under performance, leading to informed decision making and avoiding month-end shocks.
Budget Management
FAQs
Didn’t find the answer you were looking for? Contact us today.
Can Zudello automatically reconcile supplier statements?
Yes, Zudello will automatically match all the relevant supplier invoices to the supplier statement for the given period, and highlight any mismatches or missing invoices. If an invoice is missing, Zudello can automatically request a copy from the supplier - saving time and effort.
Does Zudello support 3-way matching?
Yes, Zudello has full 2 & 3-way matching and also supports the attaching of photos of goods received to either the invoice or goods receipt. The Zudello mobile app can run on a phone or tablet and photos can be taken and attached directly through the app.
How secure is the Platform?
Zudello’s Platform is built by a team of experts with deep domain expertise in cybersecurity best practices. We use Amazon Web Services for highly secure hosting with many in-built additional security layers and we are ISO 27001 certified, providing peace of mind that your information remains secure at all times.
Is the Platform easy to use?
Yes - Zudello’s modern design makes the platform remarkably simple to use. Training is provided as part of the platform implementation along with comprehensive support documentation.
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Testimonials
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Reiner Low
Storage King has relied on Zudello for over 2 years now and uses the Platform across all managed entities and locations. We find the Zudello team very responsive and excellent to work with and the Platform has delivered significant efficiencies, management and control for our finance and operation teams. The Platform’s workflow is extremely flexible and we have configured it to suit our unique business needs and processes. We find Zudello easy to use, even when working remotely on a laptop or mobile phone.
Clinton Wells
The HUB24 promise is to create and embrace innovation that delivers - on our platform, through our products and through our own internal processes. Working with Zudello is now a significant contributor to our innovations, through customised automation, ease of use, service and its adaptability as our business grows.
Deanne Du Barrie
Since we implemented Zudello it’s really taken a lot of pressure off the team. Zudello brings us so much value at an incredibly competitive price.
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