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Average Ratings 0 Ratings

Total
ease
features
design
support

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Write a Review

Description

This application serves as a comprehensive web-based budgeting and integrated spend management solution, along with offering additional features! Initially developed as a desktop budgeting program for Windows, it has transformed into a sophisticated cloud application for managing project budgets and expenditures. The core of this tool lies in the seamless integration of project budgets with purchase order monitoring, ensuring that all spending is meticulously tracked. The example of the tree structure demonstrates how Purchase Order objects (PO records) are organized hierarchically. All financial elements ascend from the POs (represented in green) to Projects (shown in wheat), then to Accounts (depicted in blue), and finally to Budgets (illustrated in grey). This structured financial framework is established by the Team, which includes the Admin, Project Managers, and Vendor contacts, who collaborate to create an initial budget framework. They work together in real time to generate new POs, approve costs, issue purchase orders, and monitor all invoices along with any changes throughout the lifecycle of the POs, ensuring a streamlined financial management process. With this integrated approach, teams can enhance communication and efficiency in their budgeting tasks.

Description

Introducing a comprehensive procurement application designed for teams that excel at multitasking. This solution integrates budget oversight, procurement processes, and spending insights into a single platform. It simplifies financial management for budget holders and their support teams, eliminating the hassle of juggling requests from various channels like email, Slack, or Jira. With intuitive workflows, the purchasing process becomes seamless and user-friendly. Gather all requests in one centralized location, utilizing a singular workflow that feels conversational by posing a few questions at a time. Vendors and contracts can be incorporated immediately or at a later date, allowing for flexibility. As you navigate through transactions, you can build and modify purchase plans from the ground up. The approval process can engage multiple departments including procurement, IT, legal, and finance, ensuring that all relevant parties are included through adaptive workflows. This way, collaboration is enhanced, making the entire procurement experience more efficient and responsive.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

Amazon Web Services (AWS) No 
Google Cloud Platform No 
Microsoft 365 No 
Microsoft Excel No 
NetSuite No 
QuickBooks Online No 
Sage Intacct No 

Integrations

Amazon Web Services (AWS) Yes 
Google Cloud Platform Yes 
Microsoft 365 Yes 
Microsoft Excel Yes 
NetSuite Yes 
QuickBooks Online Yes 
Sage Intacct Yes 

Pricing Details

$1495 one-time payment
Free Trial No 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Deployment

Web-Based No 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows Yes 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) Yes 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) Yes 
In Person Yes 

Vendor Details

Company Name

Spicer-Baer Associates

Founded

1998

Country

United States

Website

spicer-baer.com/cloud-tracking-solutions/

Vendor Details

Company Name

Trace

Founded

2017

Country

United States

Website

www.tracehq.com

Product Features

Budgeting

"What If" Scenarios Yes 
Asset Planning Yes 
Balance Sheet Yes 
Capital Asset Planning Yes 
Cash Management Yes 
Consolidation / Roll-Up Yes 
Forecasting Yes 
General Ledger Yes 
Income Statements Yes 
Multi-Company Yes 
Multi-Department / Project Yes 
Profit / Loss Statement Yes 
Project Budgeting No 
Run Rate Tracking No 
Version Control Yes 

Product Features

Budgeting

"What If" Scenarios No 
Asset Planning No 
Balance Sheet No 
Capital Asset Planning No 
Cash Management No 
Consolidation / Roll-Up No 
Forecasting No 
General Ledger No 
Income Statements No 
Multi-Company No 
Multi-Department / Project No 
Profit / Loss Statement No 
Project Budgeting No 
Run Rate Tracking No 
Version Control No 

Spend Management

Approval Workflow No 
Budgeting / Forecasting No 
Expense Tracking No 
Multi-Currency No 
Prepaid Cards No 
Procurement Management No 
Receipt Management No 
Spend Analysis No 
Spend Control No 
Supplier Management No 

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