Advanced Project Accounting is a specialist solution for managing projects, claims, variations, and revenue recognition, and the challenges of complex project operations within a modern Enterprise Resource Planning (ERP) environment.
Advanced Project Accounting delivers the depth and flexibility required by companies operating within complex project-based industries, such as aerospace and defense, construction, and project-centric manufacturing.
Benefits
Built seamlessly within the Kinetic Platform, Advanced Project Accounting offers a native integration experience. This means all your data resides securely in one central location, eliminating the need for disparate systems and data integrity.
Simplify and streamline your project accounting processes, track and manage projects at a subledger level with controls to help capture all costs and revenues.
Advanced Project Accounting extends the six fundamental cost categories available in Kinetic, to add an additional three configurable levels to your Cost Breakdown Structure (CBS). This ability to define a CBS in a more flexible and granular manner enhances the visibility and management of costs, and enables a more effective way to define and monitor budgets, that can ultimately help to improve business performance through stronger project costs management.
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