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What is CostTracker?
CostTracker offers a comprehensive platform for managing procurement processes, budget tracking, and purchase orders with ease and efficiency. The system provides real-time insights into spending, enabling organizations to maintain full control over their budgets and financial goals. With automated approval workflows and predefined templates, procurement teams experience faster and smoother operations, reducing manual effort and minimizing errors.
Machine learning-powered OCR capabilities are available to import and process invoices automatically, improving accuracy and saving valuable time. Integrated with popular accounting systems and hosted securely on AWS with encrypted backups, CostTracker ensures both scalability and reliability. Businesses benefit from flexible pricing, full support, and seamless onboarding to quickly professionalize and optimize their procurement practices.
Features
- Real-Time Budget Tracking: Monitor and control spending instantly as it happens.
- Automated Approval Workflows: Speed up procurement with digital requisitions and approvals.
- Machine Learning OCR: Automatically import and process invoices for accurate, efficient data entry.
- Purchase Order Management: Create, track, and manage purchase orders easily with pre-built templates.
- Supplier Relationship Enhancement: Enable consistent communication through automated processes and standardized templates.
- Integration Capabilities: Connect seamlessly with existing accounting systems for data synchronization.
- Cash Flow Forecasting: Predict and manage financial outflows proactively.
- Secure Cloud Hosting: Data hosted on AWS with encrypted backups and multi-factor authentication.
- Comprehensive Reporting: Generate customized reports for spend analysis and decision-making.
- Dedicated Support: Access onboarding assistance, training, and ongoing customer support.
Use Cases
- Procurement teams managing company spending and budgets.
- Financial controllers seeking automated invoice processing and real-time cost control.
- Businesses aiming to professionalize and streamline their purchase order workflows.
- Organizations wanting to forecast cash flow and prevent budget overruns.
- Companies requiring secure, reliable procurement systems integrated with accounting software.
FAQs
-
Does CostTracker offer a free trial?
Yes, CostTracker provides a 14-day free trial for all subscription plans. -
Is machine learning OCR for invoice importing included in all plans?
Machine learning OCR for invoice importing is available as an add-on and is priced per invoice scanned. -
Can CostTracker integrate with my existing accounting system?
Yes, CostTracker offers plug & play integrations with various accounting systems and continuously adds new integrations. -
What security measures does CostTracker use to protect data?
CostTracker is hosted on AWS, uses encrypted backups, multiple redundancies, and secure login protocols including multi-factor authentication. -
Is there a limit to the number of purchase orders that can be created?
No, all subscription plans include unlimited purchase orders.
Helpful for people in the following professions
CostTracker Uptime Monitor
Average Uptime
100%
Average Response Time
844 ms
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