Automate metals and mining CapEx approval with eCapEx

Submit new ideas for capital investment for early consent before submitting a full request.

Evaluate the return on investment (ROI), payback period, net present value (NPV), and internal rate of return (IRR) of each potential project and prioritise them according to their urgency, impact, feasibility, and ROI.

Create and collaborate on CapEx budgets for the next financial year; import and assign them to business units and asset categories.

Set up your Delegation of Authority (DOA) matrix and internal governance procedures such as approval limit setting, escalation procedures, and total spend authorisations.

More than a simple list of names or roles and responsibilities, the delegated authority matrix is multi-dimensional and based on regions, asset categories, affected departments, remaining budget levels and other factors unique to your business.

A comprehensive DOA is crucial to the smooth running of your organisation, leading to streamlined approval processes and faster decision-making.

Submit request forms with configurable tabs such as current position, description of expenditure, justification, cost, and history.

Consistent forms with real-time financial data, multi-lingual translation, local currency conversion, attachments, and comment logs.

Integrated sanity checks and dynamic fields mean only accurate information is entered on the form and submitted for approval.

Automatically route the capital expenditure requests upon submission through an approval, rejection, and clarification workflow to ensure approvals are obtained for each type of request.

Dynamic routing based on the initiator’s role, the amount, the type of purchase and the approver’s spending limits.

Reduced workload for approvers by using eMail notifications and timed reminders/escalations based on inactivity and due dates.

eCapEx is web-based and accessed through intuitive web workspaces.

Each workspace is tailored to a user’s role and provides them with the tools they need to complete their tasks (initiate capital projects, manage tasks, search archived requests, system administration etc.).

Configurable widgets containing tabular data, charts, and graphs display unified data in a real-time dashboard.

On-demand/scheduled reporting available e.g., track expenditure against budget, and identify capital spending by region, country, cluster, division, business unit, category etc.

Export data to pre-defined Excel templates for onward manipulation and reporting by users or integrate with other line-of-business (LOB) applications.

Conduct a post-investment review to evaluate the project and show ROI.

Add the findings to the original CapEx investment request with information instantly available.