Laying the Foundation: Structuring Investment Programs and Approval Request - A Guide to Initiating and Organizing Capital Investments

Avnish Goyal, Vishal Maheshwari, Digneshkumar Khatri

Abstract: Large expenditures such as capital projects, infrastructure upgrades, or R&D initiatives are essential for an organization?s strategic growth and long-term sustainability. However, due to their complexity and financial impact, these investments require strong planning, control, and oversight. SAP?s Investment Management (IM) module offers a structured solution for managing such large-scale spending by integrating planning, budgeting, and approval processes. This paper can also be useful for understanding the investment management concept in ERP for researchers, learners who are using different ERP systems like Oracle, Microsoft dynamics, JDE and others. This first paper in a three-part series focuses on the configuration of investment programs and requesting measures in SAP Investment Management (IM). It explains how organizations can build a framework to approve and control capital expenditure through standardized workflows and hierarchical planning. The next two papers will cover the configuration of investment measures and settlement rules, followed by execution steps for managing large projects in SAP. Together, the series provides a comprehensive guide to managing large expenditures using SAP as an ERP tool.

Keywords: SAP Investment Management (IM), Capital Expenditures, SAP Configuration, Project Approval Workflow, Capital Spend Planning, Large-Scale Project Management, Strategic Investment Control

How to Cite?: Avnish Goyal, Vishal Maheshwari, Digneshkumar Khatri, "Laying the Foundation: Structuring Investment Programs and Approval Request - A Guide to Initiating and Organizing Capital Investments", Volume 14 Issue 7, July 2025, International Journal of Science and Research (IJSR), Pages: 1518-1526, https://www.ijsr.net/getabstract.php?paperid=SR25724075404, DOI: https://dx.doi.org/10.21275/SR25724075404