Solutions
Budget & Expense Management
Get control over the inputs and the outcomes of maintenance expenses to proactively manage costs and make impactful decisions for your organization’s future.
Flexibility, scalability and accountability for better budget management.
Plan smart, spend wisely
Centralize financial tracking across multiple locations, providers and projects, get real-time spending insights, and enable accurate forecasting to optimize maintenance budget allocation and prevent overspending.
Maximize ROI with Insight
Forecast capital expenditures for asset replacements, upgrades, and long-term projects to reduce unexpected costs, optimize asset lifecycles, and stay ahead of compliance needs to avoid fines or legal risks.
Eliminate vendor pass-through fees and upcharges
Fexa does not charge your vendors fees for invoice or work order transactions managed through our platform, meaning less costs and less complexity for both you and your providers.
With Fexa we are more concise. We are able to make decisions on repair or replacement, and we have a better idea of how much money we're spending on a unit, being a fryer or a grill, and then as a store as a whole.
Create & Track
Define budgets by location, vendor, timeframe–or other criteria–to align expenses with financial goals and simplify their management.
Set custom alerts for budget thresholds and Not-To-Exceed (NTE) boundaries to proactively manage spending by category and prevent delays, miscommunication and overages.
Eliminate the costs and unplanned budget impact of hidden pass-through fees from service providers, by working with a CMMS that does not charge vendors fees per invoice or work order.
Track asset warranty, repair and preventive maintenance work over time to evaluate total cost of ownership (TCO) metrics and inform repair-vs-replace decisions.
Stop wasteful spending before it happens, by automatically flagging duplicate work orders and guiding store users to resolve common maintenance issues on their own, prior to submitting new requests.
Communicate
& Collaborate
Set time limits for ideal invoicing windows and issue automated reminders to vendors to bill for completed work.
Define job- or vendor-specific billing requirements to ensure efficient invoicing and payment for completed work.
Automatically route invoices for approval by status, amount, date, or documents, with sequential or group workflows triggered by your criteria.
Seamlessly sync invoices with your third-party AP platforms through flat files or real-time feeds.Provide internal staff with a means for logging feedback on the provider’s service.
Enable vendors to access Fexa APIs for real-time data exchange, streamlining billing communications between your teams and eliminating manual taskwork for all.
Predict & Plan
Monitor budget performance with real-time updates on available funds, spend to date, and days remaining to stay aligned with financial goals.
Quickly access all work orders and invoices tied to a budget for efficient analysis, understanding and action.
Forecast repair and maintenance expenses by tracking average daily spend vs project timelines, ensuring accurate planning and avoiding overruns.
Track asset work, invoices, and warranties across their lifecycle, set up alerts for replacements to stay on budget and avoid surprise repair costs.
Track and manage compliance data specific to HVAC/R systems to comply with refrigerant management regulations, minimize legal risks, and avoid costly fines.
More resources
Get all the latest news, info and inspo from Fexa's expert team.
The ROI of Refrigerant Management and Compliance Software: Is It Worth It?
The ROI of Refrigerant Management and Compliance Software: Is It Worth It?
Costly Confusion:The Truth Behind Hidden Vendor Costs
Costly Confusion:The Truth Behind Hidden Vendor Costs
The Cost of Neglecting Budget Management in Facilities
The Cost of Neglecting Budget Management in Facilities
