Managing project finances has always been a complex task. Between keeping track of purchase orders, invoices, and vendor payments, it can feel like you’re constantly juggling spreadsheets, systems, and emails. But what if there was a way to streamline all of this into one unified, easy-to-use platform?

With our new PO & Invoice Tracking feature, our 4URSPACE Store Project Management Tool allows you to manage project financials. Now, you can track every purchase order and invoice across your vendors, regions, and projects, all in one place,  and in real time.

What’s New?

This powerful new feature allows you to:

• Track POs and Invoices in Real Time: No more waiting to update your financials manually. Everything is synced in real-time so your team is always on the same page.
  
• Allocate Specific Scopes to Each PO: With more granular cost control, you can assign specific project scopes to each purchase order. This gives you a clearer view of where the money is going and helps ensure you stay within budget.
  
• View Remaining Balances Instantly: See how much is still owed on each PO and invoice, making it easier to track payments and avoid any surprises down the line.
  
• Detect Overages Quickly: If the total invoiced amount exceeds the approved PO, you’ll be notified immediately, so you can take action before any issues arise.
  
• Align Your Teams Seamlessly: Finance, procurement, and project teams can all work in harmony, sharing one common platform for managing financials. No more miscommunication or redundant work across departments.

Why Does It Matter?

Managing project financials can be a time-consuming and error-prone task, especially when you’re working across multiple teams and stakeholders. With 4URSPACE’s new PO & Invoice Tracking feature, you eliminate many of the manual tasks involved in this process, giving you a real-time overview of all your project finances. This leads to better decision-making, faster approvals, and, ultimately, more successful projects.

The simplicity of the platform allows for seamless collaboration between teams. Instead of bouncing between emails, spreadsheets, and different software systems, your entire team can access the information they need in one place.

Ready to see it in action? 

Watch the short demo video above to see how easy it is to get started, or book a live demo to explore how this feature can work for your specific needs.

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