Project Management ERP Software

When integrated project management is used, along with BCS Project Management tracking & reporting, managing services of the organization becomes all the more efficient. Project creation can be automated when there are sold specific services, while percent completed, time spent and budgeted project tasks are tracked automatically. Using backlog and utilization reports does help the management to analyze employee efficiency and workloads.

According to the experts, project accounting can be termed to be a major component to monitor project progress as well as to ensure profitability aspect of the business. BCS Project Management makes it easy to allow greater visibility into any complex operation and to organize work. 

Project Management module of BCS also integrates seamlessly with its accounting system. Besdies project management, expense and time tracking you will be able to generate and issue invoices, make comparisons of budgets to project performance including other metrics. This module helps to control expenses, revenue recognition, project related financials and unbilled balances.

With BCS, multiple project types can be managed including fixed price projects, materials and time.

Identifying service items which requires a job can help automate job creation. Sales orders for such items are assigned in a queue, where you will be able to assign project and ID manager. Hence, with a single click, bulk creation of jobs is possible.

Events, calls and tasks are organized by BCS, thereby linking to particular projects. It allows seeking of client information at a single place, thus offering real-time and complete resource tracking and to improve client service. For smart client intelligence, it can be leveraged and segmented.

Project tasks can be completed with multi-predecessors & FS (finish-to-start), SS (start-to-start), FF (finish-to-finish) and SF (start-to-finish) relationships. Creation of project tasks is possible using FNLT (finish-no-later-than) and lag-time between tasks constraint.

Project Managers using Project Dashboard can derive graphic, visual analysis of specific project status. They also can view crucial KPIs (key performance indicators) as to which projects are under budget, on time and those destined to achieve success. For those projects behind schedule, dashboards can be used to drill down quickly to identify root cause. Automatic updation of dashboard is allowed as information is entered by the team members to derive the latest view of the project’s current health.

Standard consultant role can be assigned to Project resources with Project Management to get access to Project Center. Project managers and consultants are offered convenient way to get details of project summary and to enter transactions quickly against such projects. Critical points to monitor throughout project life cycle are the Project based Milestones Project. Vital interim events like phase completion, material delivery and payment for performed work is highlighted by milestones. These are useful as it helps to set dates for work completion and billing.

Being reusable templates, they offer projects with robust starting points, simplifies right from start to end and saves time. on and billing.

Using this tab, progress can be tracked and expenses associated with every project are monitored, providing you with top financial performance.

Revenue and labor costs are estimated by BCS for jobs based upon the hours entered, loaded cost prices for every employee, combined with expected billing amounts from job related sales order.

Better project schedule visibility is offered with the enhanced Gantt chart. This tool helps to plan and schedule projects, to monitor progress and to illustrate start & finish dates, including project summary.

It allows entering and submission of weekly timesheets, saves effort and time. with the availability of timesheet record in SuiteCloud platform, timesheet approval process can be personalized to suit unique business requirements.

iPhone can be used to generate and submit expense and tie reports on job completion, upload images directly upon receipts, check time entries n weekly basis on the timesheet, etc.

Specific clients can be linked to generated project jobs, including sub-jobs. Upon creation of project tasks and time entered against the, percent complete is calculated automatically and rolled to job level. Current and original estimated time of completion each task is to be monitored. Billing customer time enables entering time spent upon job for clients and have the cost billed to them.

Projects can be billed based upon  project work completion, depending on scheduling of dates and achieving project milestones. The project type is determined by billing schedule type that is project specified including Materials and Time Billing, Charge Based Project Billing and Milestone/Fixed Bid Interval Schedules. Based on effort planned to be spent across planned project billing-interval can help generate billing forecasts to determine when clients are to be billed.

One-click solution is offered by BCS to track job’s actual labor cost. Jobs performed by every employee during pay period with Payroll company contributions and Salaried earnings allocation, according to entered time, thereby offering accurate financial reporting with regards to job profitability.

Project job records contain start date, work percentage completed, estimated end dates, actual end dates, including income & expenses related to each project. Time budget vs. time spent and time utilization can be viewed.