From its early years as a capex approval software, Capexplan has evolved a lot. It now offers you all the tools needed for all industries, including the world of construction. This makes Capexplan a powerful capital program management software.
For construction companies, we have developed functions that project managers will find practical for everyday usage. For example, the ability to order multiple equipment within a single request. And numerous sub-functions like copying equipment, duplicating past requests, and tracking equipment delivery dates. Also, the ability to create reports on equipment reception.
Budget planning in a central function in Capexplan. Here, users can create their budget proposal and approve them through a formal approval process. Also, users have the ability to add any field in the budgets, including an unlimited number of custom fields. In addition to this, calculated fields can be added, so users can easily build up their budget numbers. For example, users could have a column for rates per hour and a column for the number of hours (for each capex or opex request in their budget). Then, they could have a column which is the product of rate x hours. Users can create complete sequence of combinations with multiple calculated fields this way. <br/>
These functions work together to bring you the most flexible capital program management software on the market.
Capexplan also includes a series of features related to project management, which is vital for construction projects. With the multi-level category process built in the software, users can create projects of all sizes. Small capex requests are normally defined in Capexplan as Standalones. Projects are more complex in nature and can include multiple standalones. Envelopes are for large projects (ex: construction of a new manufacturing plant) which can include both multiple projects and standalones. Capexplan even includes a 4th level category which is at the bottom and this category is typically reserved for studies and reports (ex: architecture or environmental reports)
And of course, these categories can also be set directly into the budget planning process.
In Capexplan users can create requests for capex, opex, capex and opex, lease or multiple (capex, opex and lease). Also, within the capex request process, users can create disbursement timelines, cost breakdowns as well as Gantt charts for detailing the activities related to the request.
No capital program management software would be complete without good cost tracking. Costs can be tracked for the project in numerous ways. Capexplan enables users to create stage gate processes. In this scenario, each request can be made up of multiple stages. Users can track costs at each stage if needed. Total costs for all stages combined is always available.
The report capacity of Capexplan is virtually unlimited. Once users collect data somewhere in the software, it is possible to generate reports. And if ever a specific report is not available in Capexplan, our team will create the report for you and add it to your account (free of charge).
The Dashboard of Capexplan already includes a number of reports and charts to track your project in terms of costs (including overruns), delays in the projects, as well as other metrics.
