The project accounting software to help bring your business to the next level
Professional services companies, such as engineering, software, or communications/marketing firms, choose the JOVACO Project Suite software package because it allows them to better track their projects through project accounting software.
The entry of the project data on activities and expenses is done by your employees with TEDI, the time sheet integrated in the JOVACO Project Suite software. Whether your staff works in the office or from home, they can access the application over the Internet.
Once that data is entered, it can be approved and monitored. The information is then transferred and used to generate the invoice—the whole without having to reenter the data! JOVACO's professional invoicing module, included in Project Suite, offers great flexibility with regards to the invoicing methods, thereby permitting modifications to the style and information displayed on case-by-case basis. This feature ensures that you can produce invoices that comply with the varied demands of your different clients. If you invoice on a lump-sum basis only, JOVACO Project Suite will allow you to determine whether your projects are profitable by allowing you to determine all the hours allocated for each project task as well as the expenses, internal costs, and general costs.
Throughout the project management process, you can determine your own rules for managing your job and project costs and expenses, for producing meaningful management and auditing reports for your firm, and for sharing the information within your firm.
Advantages of using JOVACO’s Project Accounting software are:
- Control projects by hours, cost, budget, or revenue
- Fast definition of the different levels of control according to your company and project management rules
- Flexible customer/project billing rules
- Real-time collaboration and planning
- Web-based time and expense entry
- Automatic distribution of inter-company and inter-departmental charges
- Extended functionalities for the accounting of multi-currency projects
- Many methods of revenue recognition
- Business intelligence and collaboration tools
The History of Project Suite
JOVACO was the first firm in Quebec to offer a software that integrates project accounting with financial management. JOVACO Project Suite was first developed in 1987. The software was an immediate success with engineering firms and has not stopped developing and evolving according to the needs expressed by the users.
Over the years, consulting services firms such as software, communications/marketing, and architectural firms—whether they have only 10 employees or more than 1,500—have successfully adopted Project Suite.
A modular solution, JOVACO Project Suite is integrated in the Microsoft Dynamics GP financial softwares, recognized for their flexibility and wide range of functionalities. Thanks to that integration, JOVACO Project Suite offers all the functionalities necessary for the management of all your operations according to a uniform mode within your company: project management, financial and accounting management, management reports, customer relationships, human resources, business intelligence, etc.
And because it is built with Microsoft technologies, it integrates smoothly with other Microsoft products such as Excel and Word softwares, with Windows, and with SQL databases therefore making it easier to integrate all aspects of your business to account for all project costs.
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“We considered other systems but Project Suite was the only one that met all of our needs. We estimate that Project Suite has enabled us to save about 50% in administrative staff. Our business figures have almost doubled in the last 15 years, yet the quantity of resources assigned to administrative tasks remains the same.”
TECHMAT