Why is it Essential?
Simplify Budgeting: Create separate budgets for each project/team, ensuring precise tracking of expenses and transparent financial records.
Flexibility Beyond Individuals: Budgets no longer confined to individuals. Establish budgets for individuals, who can then include team members, transcending team and role boundaries.
When is it Useful?
Efficient Project Management: Transform project-based tasks by assigning project leaders as sub-budget owners. Empower them to manage virtual cards for project participants with ease, reducing administrative burden.
Multi-Entity Simplicity: Managing multiple entities? Allocate distinct budgets per entity using the budget feature. Protect the main budget while promoting focused, accountable spending.
See how it works in this product tour.