Budget

BusinessBid is a robust e-procurement system for your business. Convenient requisitioning, strategic sourcing and automated purchasing, All in one place.

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Budget

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A budget is an estimation of the expenditures and the revenue over a specific period of time for the specific project. It is very elpful in keeping the track of your finances and ables you to manage the things accordingly. Financial planning is very important in business, to identify and forecast the upcoming challenges and to overcome them with effective planning and budgeting.

An e-procurement software helps you to allocate the budget for your business requiements and gives you insight to keep track of the budget by providing you a clear graphical representation of the budget and the expenditure. Here’s what you can explore:

How does it Work?

  • You can create a budget stating the budget type and description
  • Budget type could be branch, department, or company level
  • Mention the duration till the budget is allocated
  • You can add some additional notes and keep a check on spending limit by taking into account the Purchase Orders

What You Can Achieve Using RFI?

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