Capital budgeting involves analyzing, evaluating, and prioritizing investment decisions for large-scale projects that typically require significant capital from a business. This could include new office or warehouse space, fixed assets, or real estate. Capital budgeting provides businesses with a way to determine the best use of capital to increase the overall value of a business - a strategy that is useful to businesses of all sizes. With the help of NetSuite, businesses can easily handle capital budgeting but let's start with the 5 steps of capital budgeting first.
NetSuite has several important project management tools. This includes tracking time and costs and paying any vendors.
Your business development team can't act on metrics that they can't track. Key performance indicators need to be.
Your company incurs plenty of expenses, especially when you have a global workforce you send out on a regular basis..