TouchBase®
CapEx Projects

For leaders responsible for investments in capital expenditure, it is essential to ensure that business cases capture both short-term and long-term dimensions of the business environment, drive data-driven project evaluation, prioritization & approval, back it up by meticulous project planning, and flawless execution. Every dollar invested in capital expenditure must deliver visible business value.

CapEx Projects
Key Challenges

Here are the key challenges faced on programs and projects undertaken by the CapEx Projects industry.

  • Completing projects on time and within budget.
  • Tracking suppliers and their timelines.
  • Tracking statutory and quality compliances.
  • Poor budget estimation.
  • Defining and measuring success metrics.
  • Poor cross-functional collaboration.

CapEx Projects
Industry Life Cycle

Review the high-level life cycle of CapEx Projects.

  • Business Request Creation
  • Business Case
  • Blue Print
  • Identifying Risks
  • Management Signoff

  • Project Setup
  • Resource Allocation
  • Budget Allocation
  • Project Plan & Risk Register
  • Governance Plan

  • Design/BOQ Preparation
  • Cost Sheets Preparation
  • Supplier Selection
  • Material Procurement
  • Supplier Payments, Budget Controls

  • Project Commissioning
  • Construction
  • Statutory/Quality Compliances

  • Measuring Success Criterias
  • Lessons Learned

TouchBase® Solution for
CapEx Projects Industry

Accounting
Accounting
  • Tally
  • QuickBooks
TouchBase
  • Business Request Management

  • Project Management

  • Project Financials

  • Project Procurement

  • Content Management

  • Collaboration

ERP/
HRMS
ERP/HRMS
  • SAP
  • Oracle
  • QuickBooks
  • Tally
  • HRMS
  • Others
Business Request Management
  • Business Request for the Initiative
  • Functional & Technical Requirements
  • Estimating Budgets
  • Business Justification
  • Sponsor Approval
Project Management
  • Project planning & scheduling
  • Gantt Charts, S-Curve
  • Project Charter
  • Risk Management
  • Meeting Minutes Digitization
  • Issues & Action Items
  • Project Teams
  • Project Costs
  • Site Reports
Project Financials
  • Budget Allocation
  • Tracking Actual Costs
Project Procurement
  • Preparing BOQ/Cost Sheets
  • Supplier Master
  • Integrated Procurement
  • Supplier Payments
  • Inventory
Resource Management
  • Resource Allocation
  • Resource Task Assignment
  • Timesheets
Content Management
  • Document Management
  • Document Digitization
Collaboration
  • Social for Projects
  • Mobile App
  • Workflow Management
  • Analytics & Reports
  • Access Controls
  • Alerts/Notifications/Escalations

TouchBase® Benefits for CapEx Projects Industry