BGT

Budget & Spend Tracker

Budgets per cost centre and period, with committed, actual and forecast money kept apart. Approved purchases commit against a line by themselves.

Official by Cordango Recommended

CATEGORY Finance
FOR Finance teams · Managers
USES YOUR COMPANY CORE Organizations
WORKS WITH 3 apps

Add to Cordango The App Library

budget_trackerFinance

BGT

FIG.01

What it does.

The plan, and what has actually happened to it. Budgets per cost centre and period, with money that is committed kept apart from money that is spent, so a line that looks fine on the bank statement can still be visibly overdrawn. Adjustments are decided in the app rather than agreed in a thread.

BUDGETS A budget per cost centre and period, broken into the lines you spend against
COMMITTED Money promised and money gone, counted separately and both against the line
VARIANCE Forecast and how far over a line is, worked out rather than reported
ADJUSTMENTS Moving a plan is a decision with an approver, and never your own
SHARED The cost centres and categories the rest of Finance quotes back at you
WARNING An owner hears when their budget is forecast to go over, before it does

Use it to

Useful for

FIG.03

How it connects.

Every app here installs on its own and works on its own. Adding a companion is what makes both do more.

Purchase Requests An approved purchase becomes a commitment on the line it named
Project Intake & Portfolio An approved project commits its estimate
Vendor & SaaS Management A renewed subscription commits next year's money

Uses your company core

Every workspace already has these. Nothing to install, nothing to connect.

Organizations

a vendor is the same company here, in Purchase Requests and in Vendor & SaaS

Works with

Optional. Install one later and both do more.

Project Intake & Portfolio

an approved project commits its estimate

Vendor & SaaS Management

a renewed subscription commits next year's money

Extended by

Optional. Install one later and both do more.

Purchase Requests

an approved purchase becomes a commitment on the line it named

FIG.04

It reacts to your other apps.

Work this app does on its own when something happens somewhere else.

FROM Purchase Requests Commit the money when a purchase is approved
FROM Vendor & SaaS Management Commit next year's money when a subscription is renewed
FROM Project Intake & Portfolio Commit the estimate when a project is approved

FIG.05