Financial Management Introduction › Processes for Financial Management

Processes for Financial Management

You can create processes to automate certain financial management tasks.

See the Administration Guide for more information.

The following are some examples of tasks you can automate:

• Approve or reject budget plans associated with your cost plans.
• Notify project managers and team members of assigned action items.

Best Practices:

• Define your start condition clearly for auto-starting transaction line-related processes. The start condition can accidentally launch several unwanted processes.
• Defining a process to set the partition of a cost plan is unnecessary as cost plans inherit the partition of the investment to which they belong.

More information:

Approve or Reject Submitted Budget Plans