Flexible Project Structure with Budgets
Projects can be setup with phases and sub-projects. The cost type and analysis codes are all user defined to simplify operations. Even terminology can be configured within the system for ease of use. Budgets can be set in units and value at all levels.
Record Costs and Revenue
Review and Cost items can be user defined. Integration provides a single point of access for entering invoices which feed the financial and project modules.
Project Accounting can generate suggested bills based on materials and time entered on a project. Billing templates can be also be used to “trigger” customer invoices based on the status of a project – i.e. when 50% complete raise final invoice.
Time sheets can be entered online by the member of staff concerned. These time sheets can be authorised before being posted into the accounts and project accounting. A similar facility exists for expenses.
Benefit from single point of entry for financial transactions. Project status can be reviewed on screen or via CRM.
Monitor and Manage not only incurred costs but also commitment via purchase order processing.