Automate CapEx management in the chemicals industry

With $400 billion in capital spending annually, strategic CapEx investments are the key to success in the asset-intensive chemicals industry.

However, navigating the complexities of capital expenditure (CapEx) management is challenging, especially if you are managing multi-million investments in Excel spreadsheets, lengthy eMail chains, or outdated systems. At the same time, a challenging set of headwinds from reduced profit margins to new environmental legislation have led chemical organisations to focus on increasing efficiency and preserving cash.

Whether the CapEx is a short-term initiative for faster payback or a part of a long-term plan to decarbonise operations, managing the associated budgets, supplier quotes, business cases, vendor contracts, and invoices as well as tracking approved proposals manually on paper is inefficient and lacks visibility.

Solutions like eCapEx streamline the entire CapEx approval process from project prioritisation and budget setting to request submission/approval and post-investment review.

eCapEx is built on top of Process Director by BP Logix. It offers the perfect balance of pre-built functionality and flexibility, with 80% of the solution already built and the remaining 20% configured to your organisation’s specific requirements. This means we are competitively priced and can deliver in weeks, not months. Moreover, you get peace of mind that your mission-critical application is built on a solid, well-supported framework.