Fullflash Tec Information Bulletin 06/2011 - July 2011

FULLSTEP´s enhanced Spend Management

Dear reader,

In line with our constant innovation strategy, we have been polishing our Spend Management functionality over the past few months, and want to share with you how the FULLSTEP Platform can dramatically increase your efficiency to control Spend across all your organization´s sourcing processes, with our best-in-class solution.

FULLSTEP SM enables you to monitor the spend of your sourcing organization and procurement operations according to your established  budget and cost center structures, increasing visibility on your real situation at any time.

All purchasing requisitions and processes will be linked to the budget structure and limited by each user’s authorized budget centers and amounts, and you will be able to monitor all spend planned, approved and actually incurred.

We are pleased to give you a quick overview of the latest FULLSTEP’s Spend Management. Please get in touch if you have any questions or comments.

Best regards,

Olivier Maurandy
V.P. Business Development
oma@fullstep.com

Main features
		Replicate the budget and cost center structures of your company
	· Configure the budgets concepts and structure that fit your organization · Assign budgets to users, with spend requisitions control and limitations based on incurred spend · Integrate budget structures with other management systems
		Monitor spend, incurred and planned, per cost center
	· Purchasing requisitions are automatically linked to configured budgets · Users monitor the spend incurred and available for their assigned budgets · Real time update of planned and incurred spend

Basic features and advantages

	Allocate all your procurement activities to your budget structures		Budgets can be automatically updated by integration with ERP systems
	Easy and fast access to strategic information		Unified budget visibility across departments
	Allocate yearly, planned or target consumption for each		Enhanced control over spend to be approved by management