Post validation and audit ready
Axosnet-Reporting is an easy-to-use web tool that allows companies to quickly request information from CFDis that were previously validated by ADIV, allowing your company to be ready for any audit.
Gain control and visibility
of your budget before
approving corporate expenses
We are a SAP Concur Certified Partner with over 20 years of experience in technology and innovation
AFM Will Help You Manage
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Funds and Grants
Simplify management from one place by keeping the budget centralized in SAP ERP and enabled for SAP Concur Request.
Expense Control
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By verifying your budget before requesting approval.
Faster Approvals
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By having the approval flow integrated into the ERP budget. Approvals flow faster from SAP Concur Request.
Features and Benefits
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Verification of the budget before approval of the request.
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Notification to person in charge for budget approval or rejection.
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Notifies requester in case of budget approval or rejection.
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Update budget reservation when request changes in Concur Request.
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Cancel budget reservation if Concur Request request is cancelled.
How Axosnet Funds Management Works
Expense Encumbrance Process
Employee submits
expense request.
AFM analyzes in SAP whether there are sufficient funds for the request.
Budget reservation requested in SAP ECC is created.
SAP sends information on reservation made or lack of funds.
Sufficient Funds:
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Status change to: Approved.
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Post: SAP Document to Concur.
NO Sufficient Funds:
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Status change to: Return to applicant.
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Post: Insufficient funds.
Chief or person in charge approves or rejects request.
Expense Report with Encumbrance Posting
Records expenses after the expense is incurred.
AFM sends data validation details to SAP.
Encumbrance released
and expenses registered.