How do ERP Financials Simplify Project Accounting for Project Managers and Accountants?
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There are many ways that an integrated project accounting and ERP solution can save you time and improve project results. It has become the norm to use this method to track your financial tasks for individual projects in order to develop reports to present to your company management.
It is important for your Enterprise Resource Planning Financial solution to meet your project needs. Here are a few ways Acumatica Cloud ERP Financials could make project accounting a breeze for you.
- Time-Saving. Acumatica provides templates for quotes, budgets, contracts, tasks, dashboards, reports, and analytics which allows you to set up new projects in almost no time.
- Real-Time Tracking. This powerful ERP solution ensures you deliver on time and maximize growth opportunities with instantaneous access to progress reports, forecasts, and financial accounting through its intuitive dashboards.
- Centralized Reporting. They say men lie, women lie, but numbers don’t. This will only ring true if you have accurate data. With Acumatica you can provide management with one version of the truth. Eliminate inconsistencies by giving role-based access to a mobile application to capture project time, billing, and expenses all from anywhere, any time and on any device.
Ensure you maintain an accurate accountant’s record with cloud project financials. Financial health is a priority. Accounting software enables you to remain on time and on budget with realtime project progresses. Keep correct project budgets and make life simpler for your designated project accountant. Track project-based profit margins and oversight on revenue recognition. Simplify the day-to-day tracking of the project costs while maintaining a holistic view of the overall cost of the project with Cloud Project accounting software that is integrated with your ERP. This ensures that you maintain control of all aspects of the project.