Budgets
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Pemo’s Budget feature gives you full control over your company's spending, offering greater visibility and flexibility without imposing hard restrictions. Now, you can track how your business is spending in real-time, gain insights into spending patterns, and ensure accountability—all while keeping your operations running smoothly.
With Pemo's budgets, you're always in control, but never restricted. Even if you hit 100% of the allocated budget, spending won’t be blocked. Instead, as you approach or exceed your budget, giving you the visibility you need to make informed decisions without interrupting business flow.
Once your budget is set up, you’ll have a clear overview of its status and progress. In the budget view, you can easily track:
Amount Spent: See exactly how much of the budget has been spent so far.
Remaining Budget: Know how much is left, helping you stay on top of your expenses.
Budget Type: Identify the type of budget—whether it’s for a card, team, member, or merchant category.
Budget Status: Instantly know whether the budget is Active, Upcoming, or Ended based on its timeframe.
Here’s an example of how your budget view will look once you’ve created a few budgets:
Gain Better Visibility for Smarter Decisions Stay on top of your finances with enhanced visibility. Our Budget feature lets you easily track spending trends across different categories, cards, or teams. With insights at your fingertips, you can make well-informed, strategic decisions that keep your finances aligned with your goals.
Boost Accountability Across Teams Set budgets for specific teams, spend categories, or individual cards, ensuring that everyone stays accountable. With clearer spending limits and full oversight, managing expenses becomes seamless—without hard restrictions that might slow down operations.
Make Strategic Decisions with Confidence Get real-time notifications when you approach or exceed your budget. Rather than blocking spending, Pemo helps you stay proactive, so you can readjust or reallocate funds as needed while keeping your operations running smoothly. You’ll have full flexibility to decide how to act.
Tailored to Your Business Needs Customize your budgets by cards, members, teams or merchant categories. With Pemo, managing budgets is intuitive and flexible, ensuring your system adapts to your business's unique needs without rigid rules.
When setting up a budget within Pemo you can set it up by
Cards
Group specific company cards under one budget for streamlined expense tracking. Whether it’s for travel or general office supplies, you have total control over card spending
Members
Assign individual team members to a budget for precise tracking. Manage and monitor their expenses to maintain transparency and accountability.
Merchant Categories
Organize expenses by merchant category, allowing you to easily spot trends in spending and make informed decisions about where to cut costs or allocate resources.
Teams
Set budgets for entire teams, making it simple to oversee departmental spending and ensure everyone stays within their limits.
We’ve created 4 easy-to-follow guides to walk you through every step needed to set up the type of budget that suits your business. Whether you’re setting budgets by card, team, member, or merchant category, these guides will ensure the process is seamless and tailored to your needs.
Once a budget is created, you can easily edit, delete, or view its details at any time.
