| The Best Project Accounting Software |
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‘Jovaco Project Suite’ is a premier project accounting software which will give you a helping hand to administer all the business operations conducted in your company through a definitive management system. This software is a modular-based solution which can provide the companies with accounting solutions for projects and job cost bills. It can prove to be advantageous for the professional service industries like architecture and engineering firms, project manufacturing and construction companies, marketing firms and information technology based firms.
This software is designed in such a fashion that it can track the projects in diverse currencies, direct the businessman to access and handle the project accounting solution from anywhere and make it easier to share the data between two departments of one company or between two companies itself. Custom manufacturing firms are the firms which are hired by other companies to engineer and administer their projects. Project Suite can be efficient software for such firms to manage the designing and purchasing tasks, the fields where maximum software for manufacturing solutions normally fail. Project Suite can also meet the demands of the construction companies in the area of job costing solution related to cost, quality, delays and customer satisfaction. There are varieties of modules available in ‘Jovaco Project Suite’- the project accounting software, for different software solution needs. They are as under. Project Control – This is a core module which is integrated into MS Dynamics GP Financial ERP solution and it can manage all the functions related to project concepts such as phases, projects, resources, budget, and cost rate utilization and relate it to financial operations like profit & loss, general accounts etc. Resource Planning – This module helps the project manager to design and plan projects and distribute them amongst executives in such a manner that the projects are completed before deadline. It can supervise and monitor the projects in progress and check if they are being executed according to the plan. JOVACO's Resource Planning module is integrated with the project suite software, MS Dynamics GP and TEDI. This helps the businessman establish a link between administrative and organizational aspects of the business. TEDI (Time and Expense Module) – This software can be used to manage employees. Employees can be asked to enter their time and duration of work and expenses and this data can directly reach the supervisor through the project control module. This enables the office to maintain accurate muster. TEDI is an internet based module and it can be accessed from any part of the world through any operating system. Professional Invoicing Module – This module helps to balance the billing requirements by clients and the contract terms like time, material, progress, cost etc. Project Manufacturing Module – This module observes the execution of project continuously and registers the changes occurred in production during engineering and/or manufacturing process. This helps the manager to make necessary corrections and eventually retain the quality and also take care of budget. Procurement module – This module administers automatic management of purchase requirements, latest prices and quotations and takes care of errors and omissions in controlling of the goods and their due delivery. Web Reports – This application helps the project manager to keep track of the project in progress and also the work done by each individual. Why every company must use Jovaco Project Suite? Project control based on time, expenditure, resources and budget. Defines project control according to the company rules and project management regulations. Helps to decide where to make rules flexible for billing. Best to foresee and plan. Gives powerful estimate. Accurate web based record of duration and expense. Automatic charge distribution. Can handle the accounts of multi currency projects as well. Use different methods to recognize revenue. Complete administration of project cycle. Keep track of projects. Material and cost management. Business efficiency and alliance. Comprehensive reporting. Jovaco was the pioneer firm in Quebec to invent software that can bind project accounting with economic and commercial handling of business. 1987 was the year when this software; Jovaco Project Suite was developed for the first time. Engineering firms were the initial industries to use it and later this software was continuously modified, evolved and developed according to the demands of other industries. Jovaco Project Suite is very flexible software so it is easily integrated in other financial software like Ms Dynamics GP and can be used for controlling entire project cycle in the company and manage it through all the areas, be it project, finance, account, reports, customer relation, human resource or business intelligence. This software integrates easily with other Microsoft products like excel, windows, word, SQL database because of being created with the help of Microsoft technologies. |