Effective project management keeps your business profitable and ahead of your competition, particularly in this tough economic climate. By maintaining control over your projects and budgets, you can generate increased revenue at reduced costs, eliminate unproductive time spent on projects and improve your bottom line.
Sage 200 Project Accounting is a powerful, intuitive and highly configurable costing and analysis application designed for any business that needs to improve the management, performance and profit associated with its projects. Sage 200 Project Accounting provides full visibility within your projects as they progress. By capturing time and expenditure associated with a project, Sage 200 Project Accounting ensures that your projects are delivered on time and on budget. It will also provide you with in-depth analysis and reporting tools to ensure that your projects remain on track and profit levels are maintained.
The Integration Solution
Sage 200 Project Accounting links seamlessly with your Sage 200 Financials and Commercials and Payroll modules so that you can allocate transactions in your Sales, Purchase, Nominal, Stock Control, Sales and Purchase Order Processing modules to your projects. Therefore, you no longer have to re-key information held in your Project Accounting or other Sage 200 modules.
Flexible Project Accounting
Sage 200 Project Accounting allows your project managers to optimise their time and project profitability using a choice of project types – whether it’s time and materials, fixed price or a combination of the two. This removes the need for you to maintain multiple project tracking systems. You can create new projects quickly and easily using the project templates supplied or by copying existing projects - with the added functionality of having an unlimited number of sub-projects within one parent project. In addition, Sales Orders or quotations raised can be converted into projects – saving you time and the need to re-key information.
Resource Management
Automating the recording of time and expenses associated with a project is essential for ensuring that projects are billed accurately and resource costs are monitored. Sage 200 Project Accounting offers a simplified way to submit, review, track and approve timesheets and expense claims in multiple currencies. It will help you control costs and time worked, consolidate timesheet information, and adhere to your organisational time management rules.
Sage 200 Project Accounting also offers a web-based interface for time entry and approval. The Sage 200 Web Time & Expenses (WTE) module is an additional module to Project Accounting, which allows remote users to log time and expenses when out in the field working on projects. Timesheet and expense sheets can also be printed remotely for submission to the office.
Sage 200 Project Accounting offers you a choice in how expenses are reimbursed; through wages in Sage Payroll, bank payments in Sage 200 Financials, or via a supplier payment if the employees are set up as suppliers in the Purchase Ledger.
You can also group your employees into a resource hierarchy, with employees who perform similar functions being grouped together. In addition, each employee or group can be allocated a variety of different charge-out rates, allowing you to charge out the same person or group at various rates, depending on the project.
Sage Project Accounting provides an unlimited multi-tier structure which can be customised to suit the needs of any business. If your business needs to improve project profits and performance and wants visibility into the actual time and expenses of a project as it progresses, why not contact Pythagoras for more information on how Sage 200 Project Accounting can help your business.
About Pythagoras
Pythagoras is a company that is confidently experienced in providing Customer Relationship Management (CRM), Accounts and integrated business solutions for businesses across a broad range of industries including Microsoft Dynamics CRM, Sage 200 and Sage CRM.
http://www.pythagoras.co.uk/sage200_overview.aspx
