Contracting (including CIS)
If you work as a CIS sub or main contractor, the system provides everything you need to administer contracts efficiently. Quotations, budgets, costs, applications for payment, self-billing invoices, standard invoices and deposits, part payments and retentions are covered in detail. Clear management information helps to ensure that cost overruns are predicted accurately, statutory requirements are complied with and customer disputes are resolved with minimum disruption. Contracting links seamlessly with Job Costing and core financials, to provide full accountability at all times.
As your contracts progress, revenue and costs are compared directly to budget, and milestones (such as defect liability periods) automatically trigger reminders for the next application. For ease of tracking, sales orders, purchase orders and any sub-contracts are all linked to the main contract record. A strong selection of reports includes variance on materials, labour costs and margins (compared to budget), first and second stage retentions (accrued and owed) and outstanding revenues. Simple drill-down is provided, from contracts into sub-contracts.
