[url removed, login to view] Your Financial Concern
Online, Real time Integration between Financials, Materials, Construction and Marketing to ensure automatic reconciliation between Materials Procured, Materials Utilised, Work Progress and Contractor Billing.
Graphical Visualisation of Financial Data - Graphical representation of Projected Inflows /Actual Inflows / Outflows /Break Even Point helps in clearly knowing funds and cash position.
Consolidation of Accounts across Projects and Companies - Farvision offers a powerful tool for displaying consolidated Receivables, Payables, Profit & Loss Statement, Balance Sheet, Trial Balance, etc. at a glance.
Plan Funds Requirements based on Financial Indicators - Project wise, Company Wise or Enterprise Wide fund planning can be easily executed based on the company’s financial health which is reflected through predefined Key Performance Indicators (KPI’s).
2. Managing, Tendering & Client Billing Was Never This Easy
Tender Rate and Quantity Vs. Actuals - Income tracking as per Tender revenue to be earned and then subsequently profit / loss per line item of work done or executed.
Running Account/Progress Billing from the Work Done - Certification Process followed by raising of Contract Billing so that Contract Receipts can be updated.
3. Making Project Management & Sub Contractor Management Easy
Management of Project Estimation using Bill of Quantities and monitoring of Actual Cost as work is being executed by Sub Contractors.
Integration with Project Planner utilization of various activities like PERT, CPM with MS Project Planner to obtain the current position and future projection regarding likely completion and milestones achieved so that multiple projects can be published anywhere in the world.
Generation of Contractor Running Bill is directly related to their Measurement Book and relates to their payment so all the pain of managing large projects is taken away and day to day billing is made quick and easy.
Key Cost and Progress Indicators are available in terms of per Square Foot / Meter Cost on a day to day basis from the Online System of Activity-wise Cost.
4. Getting The Best Efficiency From Your Equipments
Log Book Mechanism for Optimum Control - Maintenance of a Log Book ensures how much of Equipment cost is being taken up by Idle hours and how much by Down time. This way one can ensure maximising Equipment Efficiency.
Equipment Mobilisation - For any project its easy to know what equipments are mobilised and for how long and also once can easily determine their availability and transit position.
Equipment Running Cost and Maintenance Costs - Direct correlation between Issues and Equipment ensure not only financial integration but also tells the running and maintenance cost for any given period. This further helps to analyse the accuracy of the Earned Machine Rate (EMR) for the project.
5. Automation And Control In Procurement And Inventory Management
Material Requirement Planning - Generation of Indents from Material Requirement Planning, Preparation of Purchase Order, Evaluation Charts for Procurement, Maintenance of Supplier Directory can be expedited through . Alerts and Escalations are build into to speed up procurement processes and do a follow up till material is delivered.
Availability of Stocks at all Sites - Stock can be rapidly analyzed through and redeployed from one site to another for efficient stock and cost management.
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