For companies that need strong Project Accounting.
We understand your work demands dictate cash flow. Cash flow can sometimes be tight as you wait for project completion to get paid. Whether you are an engineering firm, architectural firm, or law firm, you need to be able to track project profitability while providing top-notch customer service to your clients.
Track Project Costs
Helps service organizations define project-related costs and their relationship based on: project phases, budgets, resources, cost rates and utilization. Accurately report earnings by mixing and matching multiple revenue recognition methods such as: time & material, project progress, elapsed time, or specific periods. Accurately track inventory items, non-stock items, labor, services, and view budget variances. Have the opportunity to view a full audit trail of any project transaction.
Meet diverse client billing requirements and adapt to a variety of contract terms. Bill projects partially or in their entirety, across multiple projects or companies, and recognize revenue based on completion percentage or tasks. Establish schedules for fixed rate invoicing and automate invoice generation. Customize your billing rates by type of work being done, specific employee, or by project. Bill project weekly, monthly, quarterly, or based on customer.
Time & Expense
Capture from remote locations is possible from any operating system, from anywhere in the world. Utilize approval processes through specified workflow. Link timesheets and/or activities to specific projects. Submit time, incurred expenses and internal costs. Produce reports to give you up-to date information on the profitability and productivity of all your projects by phase, activity or resource.