Authorisation for Expenditure

The Authorisation for Expenditure Solution Accelerator for Maximo enables the creation and administration of AFEs through Maximo.

The AFE Register includes details such as values, description, justification, forecast dates, value splits, partners, owners and approvers.

The solution allows AFEs to go through multiple statuses for the management of initial approval, supplements and closure. The approval can be automated through workflow processes, ensuring that internal delegation of authority rules are adhered to.

Status enabled and electronic approval

Revision Control

Creation & administration of AFEs

Multiple reports

Chart of accounts

Fully integrated with SunSystems and other financial management systems

Allows cost control

Current and exchange rates

Supports multiple ventures and partner shares

“Computime were commissioned to provide a Facilities & Financial Management solution to streamline Palm City’s daily operational processes. The project was implemented in two phases; phase 1 – Infor SunSystems Financial Management and phase 2 – IBM Maximo Facilities Management. The overall solution enhanced data evaluation, fully automated drill-down reporting, improved the operational efficiency of the customer and contract management processes, and streamlined the supply chain management and procurement processes.”
   
Joseph Elsadig, Financial Controller, Palm City Residences

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