Cost Management

TotalObserver allows the planning, registration, advanced classification of costs, setting up the payment process and after all cost analysis.

Monitoring and management of the finance flow is vital for the success of the company. If you work in the industry affected by the crisis, cost management is the best way to get savings.

Planning costs is accomplished through the budget. Recording of costs is done through the user interface, but it is possible to import costs through an integration with another application. The payment process is defined by rules of payment orders. Cost analysis can be performed through the expense reports and the budget reports.

Solutions for costs management

The establishment of the payment process

The payment of expense invoices is an integral part of doing business and improvement of cash flow monitoring.

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Recharging of costs

The software allows TotalObserver the recharging of costs for utilities, water, electricity, gas and other services to the tenants/occupants.

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Analysis and optimization of operating costs

The cost analysis must precede decision-making. These decisions can significantly improve the financial flows of the company.

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Planning, preparation and monitoring of the budget

An integral part of any business operation system is the preparation of the annual budget, which should unite the expected revenues and planned expenditures.

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