Microsoft Power Automate
Microsoft Power Automate enhances your pmo365 Apps with powerful ‘no-code’ workflow automations that directly integrate hundreds of popular software applications and services.
Why Choose pmo365 for Budget Approval?
Budget Approval connects with all your other pmo365 apps and tools (including Project Centre, Asset Centre and Contract Centre) to streamline project governance in an integrated system. We configure all your ERPs (including financials) and virtually any third-party PPM application to the same platform so you can manage all your project expenditure in one place.
Integrations of real time data ensure that all your information is instantly available across the organisation and powerful reporting capabilities provide insights via Microsoft’s Business Intelligence tool, Power BI.
Financial data is kept securely on your own Microsoft 365 cloud and you have access to best-practice tools for budget estimations, procurements, contract management, approvals, and expenditure.
What Makes Us Different
With pmo365, financial management of all your projects is integrated and multi-functional. You gain:
- Estimations of all project costs, including labour, services, fees, and more. Easily integrate or import estimates from other sources (such as Excel) or use pmo365‘s native Cost Estimation App.
- Integration of cost estimates (forecasts) with committed costs via Work Orders or Purchase Orders (or Timesheets for labour), and actuals (via invoices).
- Effective oversight of budget approvals based on estimations and baselines, and of approvals for any subsequent variations.
- The ability to breakdown budgets by different funding sources and track the consumption of funds in real time.
- The ability to roll up budgets to program or portfolio level and govern budget allocation ‘top-down’.
pmo365 is not a single project governance tool or productivity tool, but a library of Apps, Flows, Reports and Connectors tailored to the requirements of your project managers and PMO. You select the most useful features, and we develop the components according to how you want to use them. Configuration customises PPM apps and tools, and project data is safely stored on your Microsoft cloud for instantaneous access across the organisation.
pmo365‘s comprehensive, fully connected platform keeps all your project management tools and information in one place and all stakeholders reliably informed of project performance.
Key Features of Budget Approval
pmo365‘s Budget Approval flow enables project managers to manage their financials and obtain approvals on a single integrated platform. You save time and ensure accountability with:
Secure Budget Tracking
Assisting project managers collaboratively create and track their budgets as well as monitor expenditure allocations and adjustments throughout the project lifecycle.
Notifications and Reminders
Notifications ensure timely action and minimal delays on budget requests and approvals.
Secure Budget Tracking
Assisting project managers collaboratively create and track their budgets as well as monitor expenditure allocations and adjustments throughout the project lifecycle.
Notifications and Reminders
Notifications ensure timely action and minimal delays on budget requests and approvals.
Secure Budget Tracking
Assisting project managers collaboratively create and track their budgets as well as monitor expenditure allocations and adjustments throughout the project lifecycle.
Notifications and Reminders
Notifications ensure timely action and minimal delays on budget requests and approvals.
Approval Workflows
Customisable workflows for budget requests from key stakeholders. Flows ensure structured and efficient frameworks applied to all budget approvals.
Integration with Financial Systems
Streamlined budget approvals and procurements with seamless data transfer. Secure integrations eliminate double handling and ensure accuracy in financial records.
Budget Collaboration
Facilitating communication between team members and stakeholders on budget proposals with real-time comments, discussion, and document sharing.
Reporting and Business Intelligence Tools
Comprehensive budget reports for up-to-the-minute updates on progress. BI tools assist project managers with insights and audit trails, as well as the ability to track changes and ensure compliance with financial regulations.
Forecasting and Analysis
Assessments of financial impacts from budget choices, modelling of ‘what-if’ scenarios, and the ability to make data-driven decisions around projected outcomes.
Mobile Accessibility
Users review and approve budgets from almost anywhere, enabling faster response times and greater collaboration between stakeholders.
Project Portfolio Status
Model-Driven Application
No cookie-cutter demos here! A pmo365 representative will schedule a virtual meeting with you and customize your demo based on your business’s unique challenges, needs, and project interests.
Alternatively, have a face to face chat with us right now.