Service sector organisations that employ large numbers of skilled staff or utilise expensive resources must account for their time, whether to charge clients or to understand and allocate costs internally. In addition, Project Managers need up to date information to ensure projects are on target and all work is accurately billed on time.
COA Solutions' project accounting software supports the core business processes that underpin the successful management of people and projects. The ability to track and manage the cost of individual projects is an essential part of the integration between the core back office financials and the front office processes.
Inception to completion
Our project accounting is focused on improving the processes behind the project workflow, financial processing and information delivery to help streamline those processes through to billing stage. This will assist your business with improved knowledge, communication and collaboration amongst internal teams as well as customers and suppliers, for improved business effectiveness.
Costs can be collected via orders, timesheets, invoices and external feeds. Where required, costs can be set against billing milestones or charged through a sophisticated billing engine for approval.
Full project reporting
Our project accounting software provides full project reporting, allowing project managers to review cost and income figures to enable them to make their revenue recognition decisions. Our analytics tool is ideal for presenting key performance indicators and trend indicators, from all underlying systems, to management in a simple, graphical format.
