Investment Request

Process Goal

The investment request process ensures that investments—such as for new production facilities, software development, or fleet expansions—are efficiently planned, reviewed, and approved. A digital execution with end-to-end process automation through FireStart reduces delays, ensures completeness of all relevant information, and provides transparent traceability of decisions at all times.

Improvement with FireStart

Reduction of effort for the project team and decision-makers by up to 60%
Faster approvals through standardized digital workflows—within 2 weeks instead of 2 months, and often directly in a single session
Improved compliance through complete documentation, saving up to 4 hours of effort per investment request during internal and external audits

Reduction of effort for the project team and decision-makers by up to 60%
Faster approvals through standardized digital workflows—within 2 weeks instead of 2 months, and often directly in a single session
Improved compliance through complete documentation, saving up to 4 hours of effort per investment request during internal and external audits

Reduction of effort for the project team and decision-makers by up to 60%
Faster approvals through standardized digital workflows—within 2 weeks instead of 2 months, and often directly in a single session
Improved compliance through complete documentation, saving up to 4 hours of effort per investment request during internal and external audits

Application Submission by the Project Team
- Investment needs are captured in a digital form
- Automatic validation of entries using AI support against existing budget policies
- Entry of funding sources and ROI calculations
Automatic Validation of Budget and Permissions
- Matching with approved budget plans
- Verification of applicant's permissions
- If outside the approved scope, automatic escalation to defined management levels up to executive leadership
Approval Workflow with Defined Authorization Levels
- Automatic forwarding to responsible approvers
- Reminder and escalation mechanisms in case of delays
- Real-time status updates for applicants and stakeholders
Final Approval by Management
- Automatic notification to executive leadership
- Option for digital approval within the FireStart workflow or digital signature if needed
- In case of rejection, automatic feedback with justification and suggested corrections
Implementation of the Investment and Digital Documentation
- Automatic generation of purchase orders or assignments
- Integration into existing ERP and controlling systems such as SAP, MS Dynamics, Oracle ERP, BMD, CSB, and many more
- Documentation for later audits and reviews

Application Submission by the Project Team
- Investment needs are captured in a digital form
- Automatic validation of entries using AI support against existing budget policies
- Entry of funding sources and ROI calculations
Automatic Validation of Budget and Permissions
- Matching with approved budget plans
- Verification of applicant's permissions
- If outside the approved scope, automatic escalation to defined management levels up to executive leadership
Approval Workflow with Defined Authorization Levels
- Automatic forwarding to responsible approvers
- Reminder and escalation mechanisms in case of delays
- Real-time status updates for applicants and stakeholders
Final Approval by Management
- Automatic notification to executive leadership
- Option for digital approval within the FireStart workflow or digital signature if needed
- In case of rejection, automatic feedback with justification and suggested corrections
Implementation of the Investment and Digital Documentation
- Automatic generation of purchase orders or assignments
- Integration into existing ERP and controlling systems such as SAP, MS Dynamics, Oracle ERP, BMD, CSB, and many more
- Documentation for later audits and reviews

Application Submission by the Project Team
- Investment needs are captured in a digital form
- Automatic validation of entries using AI support against existing budget policies
- Entry of funding sources and ROI calculations
Automatic Validation of Budget and Permissions
- Matching with approved budget plans
- Verification of applicant's permissions
- If outside the approved scope, automatic escalation to defined management levels up to executive leadership
Approval Workflow with Defined Authorization Levels
- Automatic forwarding to responsible approvers
- Reminder and escalation mechanisms in case of delays
- Real-time status updates for applicants and stakeholders
Final Approval by Management
- Automatic notification to executive leadership
- Option for digital approval within the FireStart workflow or digital signature if needed
- In case of rejection, automatic feedback with justification and suggested corrections
Implementation of the Investment and Digital Documentation
- Automatic generation of purchase orders or assignments
- Integration into existing ERP and controlling systems such as SAP, MS Dynamics, Oracle ERP, BMD, CSB, and many more
- Documentation for later audits and reviews