Transform your Capital Planning and CapEx Process
Purpose built for Capital Planning and Capital Budgeting, Stratex Online enables finance and engineering teams to focus projects that matter most. Using evaluation criteria aligned with company objectives, users are empowered to make confident investment choices. By providing real-time data and collaboration, your plans and budgets are dynamic and highly responsive.
Investment Opportunity Identification and Ideation
The capital budgeting process begins with identifying a need or opportunity. Stratex Online budgeting and capital planning software simplifies idea capture, empowering employees across your organization to submit initiatives as they arise. Align proposals with strategic goals and objectives, ensuring cohesion with broader priorities. Each initiative undergoes a robust scoring model, allowing urgent and high-priority ideas to be quickly escalated for management review. >>Explore More
Business Case Evaluation
A business case outlines the rationale for allocating time and resources to achieve objectives aligned with strategic goals. Stratex Online’s capital planning software simplifies this process with a user-friendly, standardized Business Case template. This template enables seamless documentation of project justifications, classifications, and financial evaluations.
The result of the Business Case assessment is a dependable set of financial metrics—such as Payback Period, Net Present Value (NPV), and Internal Rate of Return (IRR)—alongside a comprehensive project ranking score. >>Explore More
Project Portfolio Management and Budgeting
With limited funding and resources, organizations must carefully prioritize and allocate budgets to build the most effective project portfolio. Stratex Online capital budgeting software streamlines this process by supporting area managers in project portfolio selection and facilitating enterprise-wide budget distribution.
Activate automated portfolio selection tailored to your optimization strategy, ensuring strategic alignment. Additionally, project submission and approval workflows are fully automated, enabling seamless aggregation and allocation of capital budgets across all areas. >>Explore More
Capital Expenditure Requests
When it’s time to move a project into execution, a Capital Expenditure Request (CER) is submitted for final approval. Stratex Online Capital Planning Software automates the approval workflow, ensuring all necessary approvers are notified and the process is efficient and transparent. Features like automated reminders, escalations, delegations, mobile app approvals, and real-time process monitoring streamline the approval journey from start to finish. >>Explore More
Project Forecasting and Analysis
Eliminate the delays and inefficiencies of extracting, manipulating, and reporting capital budgeting and project forecasting data using spreadsheets.
Stratex Online brings together business case promises, budget allocations, actual expenditure, and project forecasting estimates to complete. This provides timely and reliable information to sponsoring executives. >>Explore More
Stratex Online is Powered by IQX Business Solutions with Broad Global and Industry Expertise
Learn more about IQX Business Solutions
