Together, teams and finance make better financial decisions.
Employees make purchases and manage their hiring plans with Trace workflows, providing finance with critical data about future and actual spending. Trace syncs with your systems to connect the whole budget-to-spend story. Finance provides deeply helpful analytics and insights back to the business. And the cycle continues.
COMMITTED
FORECAST
TOP-DOWN
BUDGET
Hire
Purchase
Streamline purchase operations.
Employees use guided workflows to execute their plans in Trace. They can log a purchase or set aside funds for a future project--like a marketing event. Trace loops in reviewers, enables conversations, and tracks approval status.
Plan
Record
Record POs and sync actuals.
Once a purchase is approved, Trace records the PO into your accounting system or provides a report for accruals.
As bills come in and are paid, Trace updates the status of POs and pulls back all transactions for comprehensive spend analysis and reporting.
Analyze
Conduct financial analysis.
What happened that was different from what you expected? What happened that you didn’t expect? With budget, spend management, and actuals in one place, Trace knows the answers.
PO,
ACCRUALS
ACTUALS
