Products
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Capital Expenditure (CapEx) Module
Mondelio’s CapEx Module facilitates the request, workflow and approval of all capital expenditures items across all levels of the organisation. The Module provides for sustaining capital expenditure through to the significant IT investment, machinery purchase and warehouse automation (where required, through to full discounted Cash Flow evaluations).
The CapEx request is routed through the automated workflow for the Approval process. Once approved, Mondelio automatically transfers the cost to the Cash Flow and Balance Sheet and the Depreciation through to the relevant Cost Centre’s Profit & Loss Statement and the Balance Sheet.
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Australian Communication Exchange (ACE) required its budgeting software to make allowance for depreciation and manage capital expenditure. "We have a lot of communications and IT equipment. We needed a system which could accurately forecast depreciation without trying to manage each individual asset in the budgeting software," ACE Financial Controller, Mr Peter Jones said.
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Cr Eddie Sarroff, Chairperson of the Finance Committee for Gold Coast City Council concludes, "The model gives us the insight we need to put together a five year capital expenditure programme and enables the Council to plan with much more certainty."
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The Mondelio Consulting Team can customise the CapEx module with specific calculation rules to align with your organisation’s business practices. For more information about this feature, please contact us on +61 2 9929 4799.
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