Do you need to document the requests and approvals for significant investment in projects for your organization? If so, then you should check out the Capital Expenditure Approval Form Template from WPForms.
With this approval form, your users can communicate their proposed capital expenditures to the relevant decision-makers within an organization.
Using the Capital Expenditure Approval Form Template
This form serves as a means for individuals or departments to describe the expected benefits, costs, and associated risks, to the involved stakeholders. It helps these stakeholders assess the feasibility, potential return on investment, and overall impact of the proposed capital expenditure on the organization.
On our Capital Expenditure Approval Form Template, form users will find the following fields:
- Project Name
- Project Manager
- Department/Division
- Project Description
- Requested Amount
- Justification for Expenditure
- Expected Benefits/ROI
- Cost Breakdown (Itemized Expenses)
- Vendor/Supplier Information
- Risk Assessment
- Implementation Start Date
- Funding Source
- Attachments (file upload)
- Form Submitted By
By requiring detailed information, supporting documentation, and appropriate justifications, the form enables a systematic evaluation and comparison of different expenditure requests. So, you can start comparing requests coming through your website immediately.
Or, you can customize this form template even more to further suit your needs. Add other fields to your form, edit the ones that are included, or remove them completely. It’s incredibly easy to do with our drag-and-drop form builder.
Get started with WPForms today to create and customize your own Capital Expenditure Approval Form. Signing up with WPForms gives you access to this and hundreds of other pre-made templates.