settlement
Control Environmental Spend Against Approved Obligations
SETTLEMENT ensures proposals, purchases, invoices, and recoveries are governed against approved ARO and ERO plans so spend reduces liabilities as intended.
the problem
Why Environmental Spend Breaks During Execution
Once Environmental Obligations move from planning to execution, cost control becomes difficult.
Finance lacks real-time visibility into approved plans versus actual spend
Proposals, purchase orders, invoices, and recoveries are managed across disconnected systems
Spend is approved without consistent linkage to the underlying plan or work breakdown structure
Scope changes, rate changes, and unplanned work drive budget overruns
The Resulting Risk
As execution progresses, costs drift—and spend does not consistently reduce the underlying liability as intended.
Budget overruns discovered after the fact
Limited visibility into committed versus remaining obligations
Increased administrative effort to reconcile spend
Reduced confidence that spend is reducing environmental liabilities
When execution is disconnected from plans, financial control erodes.
the solution
What settlement Governs
SETTLEMENT embeds cost controls directly into the Environmental Obligation workflow. It governs proposals, purchases, invoices, journal entries, and recoveries—ensuring all execution activity remains aligned with approved ARO and ERO plans.
Scope of Control
Enforces spend controls directly against approved plans
Governs proposals, PO's, invoices, & recoveries in one system
Maintains full traceability from plan approval to settlement
Aligns execution activity with liability reduction
Eliminates disconnected approval and reconciliation processes
core outcomes
What changes for the business
Tight Spend Control
Execution activity is governed against approved plans, reducing unplanned overruns and surprises.
Improved Cash Efficiency
Spend is aligned with liability reduction, ensuring cash outflows directly reduce Environmental Obligations.
Lower Admin Burden
Workflows reduce manual reconciliation and coordination across finance, procurement, and environmental teams.
where settlement Fits in Environmental Obligation Management
SETTLEMENT operates downstream of PLAN, governing execution so approved obligations are settled in a controlled, traceable manner. It ensures environmental spend reduces liabilities as expected—without manual intervention.
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