Project
Management
In the current market, project scheduling applications are so many, but the vast majority of these are built based on templates and too generic to meet the specific needs of individual businesses. As a result, skilled and experienced managers struggle most of the time to deliver projects on time and on budget.
You might be asking for trouble if your system is not up to the task of budget control at a sub-component level. It follows that your software must be capable of breaking down your total scope of work into sub-components.
There is also growing demand from project managers for full-fledged project management solutions that provide a continuous view of customer demand and fulfilment across the project delivery chain – starting from your suppliers and ending with error-free and on-time delivery. An end-to-end approach is becoming more and more significant against a backdrop of dynamically changing client expectations. Hence, you need an agile ERP solution that straddles the entire project, providing coverage across processes like project planning, scheduling, costing, and budget management.
- Enquiry registration
- Integration with GL
- Letter of intend
- Material receipts
- Job cost Analysis
- Material returns
- Stage wise budgets
- Stage wise invoicing
- BOQ Preparation
- Retention accounting
- Manpower allocation posting
- Revenue recognition
- Common overheads allocations
- Project accounting
- Bid / No bid assessments
- Purchase posting
- Customer order
- Stores issues
- Activity budgets
- Project invoicing
- Define payment terms
- Advance / part payments
- Purchase plan
- Project profitability report
- Employee cost allocations
- Estimate / quotation preparation
- Purchase planning
- Contract register
- Material intends
- Project budgets
- Inter project stock transfers
- Project team
- Project closure
- BOQ Planning
- Project status report
- Employee time sheets
- Activity wise project progress
