FinOps, our new integrated purchasing system launched in November. We are pleased to announce we are fully working in the system, thank you for your patience during this launch phase.
If you do have any issues, or would like a show around the system, please drop an email to Purchasing@. Please also remember to delegate your approval if you are going to be out of the office.
Why It Matters:
Ensures all spending is planned, approved, and tracked against budgets
Controls costs, reduces errors, and provides transparency and accountability.
Current Challenges:
- POs are manually raised and approved inconsistently
- Budgets aren’t visible in the system, limiting financial oversight
- Finance struggles to track committed spend and forecast accurately.
- All POs (except HVAC) will be raised centrally by the Purchasing team
- Budget holders will approve spend from their budgets
- Invoices will be automatically matched to POs and aligned with budgets.
- Goods/services must be confirmed received before payment.
- Faster, more accurate purchasing and payments
- Greater budget control and visibility
- Clearer accountability and compliance.
- Request POs via @Purchasing
- Approve POs promptly and confirm receipt of goods/services
- Track spend and budgets during review meetings.
FinOps brings speed, accuracy, and control to purchasing, invoicing, and budget management across the business.
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