The platform can be used to automate repetitive tasks like document generation, data capture, capital expenditure approvals, workflow, etc., to increase productivity and reduce costs. Additionally, the platform crunches millions of data points to give you actionable insights into your business processes for identifying profit centers and improving sales and revenue forecasts.
Managing and tracking capital expenditure requests and approvals through lengthy email threads, paper trails or static spreadsheets can lead to loss of critical information, visibility and control. Here is a short list of common capital expenditure approval management challenges:
Capital expenditure Workflow component successfully replaces manual capital expenditure approval processes by automating task flow and ensures faster approval process.
Bautomate uses Artificial Intelligence (AI) powered BPM workflow and Dynamic Forms are used to submit it to the various department heads or the finance heads for review and approval.
By using Bautomate, you can easily create capital expenditure automated workflow and Dynamic forms. The advantages of using Bautomate include,