Home/Features/Financials/Budgeting & Controlling
Financials

Budgeting & Controlling

Commitment and actual spend on the same screen, before you overspend — not after.

View PricingTalk to Sales
At PO creation
Commitment visibility
not at invoice time, weeks later

Traditional budget control checks actuals against plan after the month closes — which means overspend gets discovered a month after it happened. TrackElan tracks committed spend the moment a purchase requisition or PO is raised, so "available budget" already reflects what is on order, not just what has been invoiced.

Cost center owners see commitment, actual, and variance in one pivot, and budget overrun rules can require approval before a PO releases, turning controlling from a reporting function into a real gate.

What's included

Capabilities

Budget entry by cost center, project (WBS), and GL account
Real-time committed-vs-actual-vs-budget tracking as POs are raised
Configurable budget-overrun approval routing
Cost center and profit center variance reporting
Rolling forecast entry against the same structures as the budget
Budget transfer and supplement workflows with approval trail
Why buy

Why teams buy Budgeting & Controlling

Catch overspend at the requisition stage, not at month-end close

Give every cost center owner a live budget-vs-commitment view without an Excel export

Route budget overruns for approval automatically instead of relying on someone noticing

Replace a standalone EPM/controlling tool — commitments come from the same documents as GL

Cost & time comparison

How Financials stacks up

Directional estimates based on typical mid-market rollouts. TrackElan cost index is normalized to 1.0; SAP/Oracle figures reflect license, implementation-partner, and BI add-on costs common at this deployment size.

Typical time to go live (weeks)
TrackElan3w
SAP40w
Oracle35w
Spreadsheets / Legacy1w
Relative total cost (index, TrackElan = 1.0)
TrackElan1×
SAP5×
Oracle4.4×
Spreadsheets / Legacy2.3×
CapabilityTrackElanSAPOracleSpreadsheets / Legacy
Native financials in the base licenseExtra module/SKUExtra module/SKU
Reporting & pivots includedSeparate BI licenseSeparate BI licenseManual only
Typical go-live2–4 weeks9–12+ months8–10+ monthsN/A
Implementation partner required
Data stays reconciled automatically
More in Financials

Ready to see budgeting & controlling in your own data?

View PricingContact Sales