Expense Management for Construction (IFS Applications/IFS Cloud)
Request a meetingMany major construction and engineering organisations around the world have adopted project-centric ERP using IFS Applications or IFS Cloud for construction solutions. Whilst the core solution offers very powerful capabilities as standard, organisations inevitably require some configuration within modules to reflect certain specific workflows and processes across the business.
The Expense Management Factsheet details how Platned’s solution streamlines and simplifies the entire expense management process for organisations. The Factsheet also includes a detailed overview of the features that include:
Project-based cost allocation.
Flexible expense approval process.
Integrated connections to third-party systems and banks.
Expense tracking and payroll flexibility.
Detailed oversight with rejections, attachments, and personal expense tracking.
Comprehensive management of payment types and notifications.
Centralised control to manage expenses.
Download the Expense Management Factsheet to learn more.
Platned offers extensive consulting experience with IFS in construction, including, for example, tailoring approval flows and processes within the expense module. Expense validation criteria can also often vary across construction company business units and regions. Here, Platned has provided non-invasive configurations to allow role-based checking and approvals. For a major construction entity for example, a global group comprising 14 companies, Platned has successfully configured the core IFS solution to meet unique requirements within the business – a challenge that had previously defeated two other IFS partners.
By offering rapid access to expert resources, bespoke expense module functionality for the new implementation of IFS Cloud was delivered within 12 months. This enhanced functionality can also be mapped to other modules and workflows such as general expenses. Ongoing Platned team support will include training for super users with supporting documentation.
