Budget & Spend Analytics
Get control over costs with both capital and operational budget functionality in our Budget Module
Get control over all costs with a capital project or operational budget
Make a budget request and allocate a specific amount to a larger investment project. When the budget request has been approved, future purchases related to the project can be connected to and deducted from the set maximum amount.
- Check the remaining amount of a specific budget request 24/7
- Built-in alarm function sends an alert when a set percentage of the budget has been used
- Delegate responsibility within the organization without losing control
Comprehensive spend management updated daily
Filter and turn daily spend data around to get a 360⁰ view of the organization’s expenses. Ask questions such as:
- How much do we spend in specific areas?
- Which category are we spending the most in?
- Are we leveraging volume for cost-reduction opportunities?
- Did we buy at the contracted prices?
- Can we consolidate spend with less suppliers?
- How many invoices do we receive from a supplier?
Trusted by Banks
Palette is trusted by banks and financial institutions in the US and Europe. Accreditations in the US include HITRUST, SOC1, SOC2, HIPPA, ISO 27001, GDPR, and PEPPOL.
Palette is modules-based and is available on-premise or in the cloud.
- Global solution for multiple ERPs, countries, currencies and tax rules
- Unlimited users—no user license costs
- Bulletproof compliance control and minimal IT involvement