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 Contracting 

The project management module includes the costing as well as other aspects of a project from estimation to budgets, cash flows, etc. This powerful tool leads the Management to an effective control over costing, document management and workflow.

 Main Features:

  • Assists the user to establish a detailed budget for the project in process.

  • Compares the bill of quantities and the material used for each task.

  • Detailed technical data sheet for each task.

  • Follows up the real cost of each task and compares this cost with the budget established at the beginning of the project.

  • Enables multiple budget scenarios.

  • Provides an accurate calculation of cost per job and per project.

  • Manages information related to the bill of quantities including tasks, material, equipment and labor.

  • Updates automatically the inventory and the work in progress account.

  • Tracks costs for each job and work in progress.

  • Calculates percentage of completion.

  • Measures actual performance with regards to initial planning of a job.

  • Monitors progress for current projects.

  • Analyzes past projects' profitability.

  • Allows the creation of cost breakdowns.

  • Assist through a wizard in total, partial closing and billing of a project.

  • Provides wizards that assist in revenue recognition.