- FINANCE & CAPITAL PLANNING
Financial visibility across all properties
Transcendent’s asset management software enables your organization to integrate your capital planning process with your maintenance operations. Leverage the rich data from your facility management operations to plan, budget, forecast, and implement capital expenditures for up to 10 years in the future.
Fully-Integrated CapEx Module.
Transcendent’s capital expenditures dashboard provides a quick, visual snapshot of budget line items and detailed breakdowns by cost, budgeted vs. unbudgeted items, and requested, approved, and implemented projects. Quickly and easily derive valuable asset management, asset replacement, and budgeting insights on each budget year.
Data-Driven Capital Planning
Leveraging intricate data on your assets’ most important attributes, Transcendent’s asset management software helps your facility management organization:
- Make smarter capital planning decisions
- Implement timely capital expenditures while avoiding unnecessary ones
- View detailed cost breakdowns
- Manage a list of on-going and future projects, budgeted and unbudgeted
- Create more accurate budgets and forecasts
- Monitor and manage your cashflow budget and forecasts over a 10-year horizon
It’s Monday morning and your hotel’s general manager requests a list of assets to include in next year’s capital expenditures (CAPEX) budget by the end of the month.
Let’s say you manage a portfolio of hotels under the Dreamy Stay Hotels banner. One morning, you learn that a property’s $40,000 fire pump failed – a crucial component for providing 24-hour fire….
Capital expenditure planning has always presented unique challenges for hoteliers. Recently, many hoteliers were forced to defer CAPEX spending and delay maintenance of buildings and machinery.
See it for yourself.