Capital Planning Software as a Service

 

Capital Planning
Software as a Service

Capital Planning Software as a Service

Capital Planning Software for Strategic Project Selection and Capital Allocation

Stratex Online is software that helps you maximize ROI by guiding every stage of your capital budgeting process; from project intake and idea capture, through business case evaluation, to project portfolio selection and management, capital expenditure requests, and project forecasting and analysis.

Streamline your Capital Budgeting Process

Legacy capital budgeting is slowed by disconnected systems, fragmented data and manual steps, which lead to spreadsheet sprawl, inconsistent financial metrics, and missed opportunities. Stratex Online capital planning software connects your budgeting process end-to-end, enabling faster, evidence-based capital allocation so you can achieve strategic goals sooner, at the lowest cost and risk.

Click any stage in the diagram below to discover how Stratex Online guides
every step of your capital budgeting process with a unified, strategic approach.

Stratex Online is IQX Business Solutions’ capital planning software backed by Broad Global and Industry Expertise

“Our end-to-end Stratex Online system has created incredible value and standardization to our business. The team at IQX are always prompt in their support and ongoing app developments to suit customer needs.”

Adam Meiorin – Finance Manager – Group Capital & Assets, Visy

Learn more about IQX Business Solutions, the company behind Stratex Online.

Maximize ROI and Easily Budget for Projects Aligned with Strategy

Stratex Online capital planning software assures that your financial and human resources are allocated to capital projects that matter most, ensuring that your strategic objectives are achieved at the lowest cost, in the fastest time, and with the least risk.

Anyone can propose investments to solve a business problem, mitigate a potential risk, save money or even transform the way you operate. Stratex Online ensures that the most critical capital projects get the visibility, time and money they deserve to be successful.
Make sure that your budget allocation is aligned with your strategic objectives and delivers maximum value at the lowest cost and risk. Stratex Online provides all staff with visibility of the strategic objectives and consistently scores projects so that urgent and valuable projects are actioned first.
Financial metrics and standardized evaluation scores help executives make the best funding decisions. Stratex Online ensures all scores are accurate, consistent and reliable.
Choosing the right projects to do and not wasting budget on the wrong ones is challenging. Stratex Online automates the optimal portfolio selection based on your optimization strategy and constraints.
Stakeholders require an understanding of funding requirements and likely financial returns. Stratex Online provides reliable cashflow and accounting view projections efficiently from a central source of truth.
Many organizations are pursuing environmental, social and governance objectives in addition to financial results. Stratex Online facilitates the classification and evaluation of non-financial strategies to achieve these goals sooner.
Three business people working with Capital Planning Software

Improve Efficiency by Integrating Capital Project Management Processes

Stratex Online will save you time and ensure you to focus on valuable activities, by transforming spreadsheet-based processes with centralized data and analytics. Our capital planning software also transforms email-based approval processes with fully automated workflow routing.

Business Lady in meeting room with colleagues happy with Capital Planning Software integration with CapEx Management
Spreadsheet-based business cases, budgets, forecasts and reports are time-consuming to administer. Stratex Online eliminates administration and rekeying between systems so you and your team can focus on higher value tasks.
Annual budgeting cycles are typically stressful and frustrating. Stratex Online enables project portfolio optimization to be more frequently tuned to the dynamic operating environment.
Capital Expenditure Request processes are frequently delayed due to poor quality data and manual workflow. Stratex Online dramatically reduces approval delays by automatically routing requests in parallel where appropriate and providing decision makers with confidence in the information presented.
Delegation of authority limits and responsible office holders are in a state of continued flux. Stratex Online provides an easy to administer approval matrix workflow design that derives the right people at the right time to guarantee compliance with your procurement policies.
Most project ideas have related supporting documents and conversations. Stratex Online makes it easy to access all supporting documents and commentary with an integrated initiative definition and collaboration platform.
Downloading and reconciling plans, budgets, commitments, and actuals is a waste of time. Stratex Online provides an integrated whole-of-life analysis of projects, from bright-spark ideas, through budgeting, approval, execution, completion and final project review.

Project Management, Governance, and Delegation of Authority Approval

Stratex Online capital planning software provides finance and engineering executives with effective control over the entire capital planning process by ensuring CapEx approvals are in accordance with procurement policy, by formally assessing project risks, and by effective project status monitoring to allow for timely corrective actions.

Executives have the responsibility for wise stewardship of the organization’s human and capital resource allocation. Stratex Online helps executives justify project decisions based on standardized evaluation criteria and expert endorsements.
A Capital budgeting project is high-value with long-term implications for the organization and is inherently risky. Stratex Online allows executives to understand the risks of both omission (not undertaking a project) as well as commission (implementation risk) and to approve a balanced budget accordingly.
Executives typically do not always have the time or technical expertise to assess projects, and preferred options, independently. Stratex Online facilitates collaborative project definition and formalized endorsement by appropriate specialists prior to escalation for final executive approval.
Projects are based on assumptions and estimates of schedule, production cost, scope and value. Stratex Online helps financial controllers to effectively monitor project portfolio performance and take mitigating actions when project delivery risks are identified.
Some project initiatives will be highly sensitive or confidential due to competitive or internal resource impacts. Stratex Online provides granular authorization controls to project initiatives.
In today’s unpredictable environment, capital planning assumptions may no longer be valid due to inflation, exchange rate, or technology changes. Stratex Online ensures that supplementary funding requests reflect both the changed cost and return  impacts to allow funding to be curtailed or extended as appropriate.
Laptop with forecasts and projections leveraging capital planning software for effective capex management
Employee submitting new project idea into Stratex Online capital planning software

Project Intake and Idea Scoring

The capital budgeting process begins with capturing new project ideas before they are lost. Stratex Online capital planning software makes it easy for anyone in your organization to submit initiatives, align them with strategic goals, and ensure they are assessed consistently. A sophisticated project scoring model evaluates each idea against financial, strategic, and risk criteria, with urgent proposals automatically escalated for review.

>>Explore More about Project Intake and Idea Capture

Business Case Evaluation

A business case provides the evidence for investing in a capital project, including its strategic alignment, benefits, and risks. Stratex Online capital planning software offers a standardized, easy-to-complete business case template that captures project justifications, classifications, and financial analysis. Key outputs of a business case evaluation are a reliable set of financial metrics, including Payback Period, NPV and Internal Rate of Return, along with an objective ranking score for prioritisation.

>>Explore More about Business Case Evaluation

Man in front of office building empowered by capital planning software
Team analysing project portfolio selection on Stratex Online capital planning software

Project Portfolio Management and Budgeting

With limited funding and resources, organizations need to prioritize the projects that deliver the greatest impact. Stratex Online capital planning software supports portfolio selection at the departmental level and enterprise-wide budget allocation, with automated optimization tools to select the best mix of projects based on your strategy.

>>Explore More about Project Portfolio Management

Capital Expenditure Requests

When a project moves from planning to execution, a capital expenditure request (CER) is raised for final approval. Stratex Online capital planning software automates the routing of CERs to all required approvers, providing a transparent, expedited approval process. Reminders, escalations, delegated authority, mobile approvals, and process monitoring are built in to accelerate decision-making.

>>Explore More about Capital Expenditure Requests

Business man at desk using capital planning software
Team reviewing project forecast on Stratex Online capital planning software

Project Forecasting and Analysis

Stratex Online capital planning software unifies capital budgeting, forecasting, and portfolio analysis in a single source of truth. Track actual and forecast expenditure, analyze variances, and re-evaluate business case returns to support strategic capital allocation. Identify delivery risks early, reallocate budgets with confidence, and ensure your approved projects deliver maximum ROI.

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Get Started with Stratex Online, Capital Planning Software for Smarter Investments

Get Started with
Stratex Online,
Capital Planning
Software for
Smarter Investments

Make every investment count. Stratex Online capital planning software helps you capture ideas, evaluate business cases, select the right projects, and allocate capital with confidence. Be ready for your next financial planning cycle with a solution designed to optimize decision-making, reduce wasted spend, and align every project to your strategic goals.