The "Budgets" feature is a flexible financial planning tool designed to help companies manage and track team or departmental spend.
It does not lock, hold, or transfer funds. Instead, it acts as a visibility layer over spending, allowing for better planning, accountability, and control.
With Budgets, you can:
Allocate spending capacity to employees or departments
Monitor actual spend against planned budgets
Understand committed amounts versus available funds
Track financial activity across reimbursements, card transactions, and petty cash
Budgets provide a real-time overview, improving forecasting and reducing manual tracking.