Capital Expenditure Requests SmartStarter

  • 2 March 2016
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K2 SmartStarters provide  preconfigured apps to streamline your processes,  built to help you work smarter and get business done faster .

 

Reduce errors and improve transparency with an app that automates your CapEx request and approval process. Route requests to the right tier of reviewers for approval, based on the amount requested.

 

In the Capital Expenditure SmartStarter, the request form, completed by an employee, captures the necessary details about the items to be purchased as assets, then starts a workflow that will route the request to the employee?s manager for approval. Once approved, the request will be routed to the Cost Center Manager for review. The next approvals are determined by the total amount of the request. Different tiers have different maximum approval amounts and the request?s status can only be changed to approved if an approver in a tier where the maximum level is more than the total amount has approved the request. Once approved, the originator will receive a final confirmation email with the final decision. Approvers also have the option to request for more information if they are unable to make an informed decision based on the details provided.

 

 

 

SmartStarters are created on standard K2 artifacts and available to you to use as is or modify. Please Note: SmartStarters are only available to users with a valid K2 Portal account (customers or partners).

 

Please Click "Download All Files" to accept the EULA and access the Capital Expenditure SmartStarter download location and related documentation that explains how to set up and administer


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