RegulationAccounting StandardsCIPFA buys spend-control software

CIPFA buys spend-control software

CIPFA is hoping to boost efficiency and cut costs through the purchase of new spend-control software

CIPFA HAS INVESTED in spend-control software, providing 150 members with the ‘Compleat Purchase to Pay’ product.

This is the first time Compleat has made its software compatible with Sage’s accounting system, and the institute is hoping to cut costs, as well as make employee expenses more efficient.

Group assistant director of finance Peter Woodman said: “CIPFA
recognised the opportunity to improve on the existing manual procurement process with an automated electronic solution that incorporates automatic budget checking and electronic authorisation.”

The institute is also hoping to boost efficiency in the purchasing process and increase control over corporate spending.

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