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Manage Complex Projects With Ease

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.

  • Simplify and streamline your project accounting processes
  • Enhance project forecasting and decision-making
  • Improve project viability with effective cash flow management
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Benefits

Leverage the Power of the Kinetic Platform

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.

  • Familiar user interface
  • Easy on-boarding, short learning curve
  • Create your own custom dashboards
  • Develop business process workflows

Gain Complete Control Over Your Project Accounting

Simplify and streamline your project accounting processes, track and manage projects at a subledger level with controls to help capture all costs and revenues.

  • Leverage many of the existing time and expense management features for employees and equipment
  • Tap into existing capabilities for project-based materials management
  • Plan project budgets accurately
  • Analyze and report confidently on all projects

Work With More Precise Project Data

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.

  • User-definable for flexible budgeting and cost analysis
  • Automatic matching/allocation of costs to cost codes based on analysis code, charge type, part class, and role transaction attributes
  • Helps provide a valuable middle-level between the high-level phase and the low-level individual transaction/cost budgeting and management

Capabilities

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