This update is currently available to all Amazon Business customers worldwide.
- What is Recurring Budgets?
When creating a blanket PO, administrators can simply select whether or not they would like to make a budget automatically reoccur on a weekly, monthly, or yearly cadence. Previously a manual and time consuming process, this new update makes it easier for administrators to create, maintain, and manage budgets for their organization.
- How does it work?
- Sign in to your Amazon Business account and go to Business settings.
- Under Quick Actions, select Manage Budgets, and then choose the appropriate group or subgroup.
- Select Add a blanket PO, from the drop-down menu choose either Add one or Add or edit in bulk.
- Name your budget, add an optional note for buyers, and input the budget amount.
- Check the box if you would like buyers to see the budget amount and remaining funds for the blanket PO at checkout.
- Check the box if you would like group admins to receive notifications when funds are low.
- Check the box to Make this a recurring budget, from the drop-down select the frequency the budget will occur (weekly, monthly, yearly).
- Check the box if you would like to rollover unspent funds into the next cycle.
- Input your Start date and End date.
- Select submit to save your recurring budgets.
- What are the customer benefits?
With the new functionality to make a budget reoccur to buyers on a weekly, monthly, or yearly cadence, administrators gain back time with the ability to streamline the budget creation and management process.
- Where are we launching?
Budget Management and Recurring budgets are both available to customers worldwide.
Manage your budgets or learn what Budget Management can do for your organization.