Real-time budget control. Empower your employees by allowing them make more informed spending decisions. Budgets help you track the spending of teams and individuals.
Create budgets to help manage and control spending on a seamless level
Assigning budgets to your employees gives you the power to keep your team accountable, enabling them to track their own spending and make informed decisions. This feature promotes financial responsibility and helps everyone stay within the given budget while , fostering a culture of financial prudence within your organization.
Bizpend empowers administrators to review and approve their team's spending in the context of the budget it will impact. This heightened visibility provides you and your team with the information needed to make informed decisions, ensuring that you can effectively limit unnecessary spending and maintain financial control within your organization.
Employees can effortlessly link their expenses to the budgets they've been assigned to when submitting their expense reports. This streamlines the process, ensuring that spending is accurately accounted for, and expenses are seamlessly tied to their respective budgets. It promotes transparency and makes financial tracking a breeze for both employees and administrators.
Budget managers receive proactive notifications when their team's budget is on the verge of being depleted, allowing them to take swift action. This enables budget managers to make informed decisions, whether it's increasing the budget or adjusting spending priorities before it's too late. Additionally, employees with personal budgets can also request budget increases or new budgets, ensuring that everyone stays on top of their financial planning and allocation.
- Prodevs
Create a budget
Create budgets for teams or individuals, setting spend limits and preferred frequency (e.g., weekly, monthly).
Assign budget manager
Designate a Budget Manager. They'll receive spend-limit notifications and can see transactions and expenses tied to the budget.
Modify at Your Convenience
Adjust budgets and see real-time changes to the budgets. This helps you fine-tune and control your team’s spending decisions.
Giving answers to all the questions you might possibly have
If you still have questions, do reach out to us
No More Chasing Payments—Bizpend Does It for You