Products

JOVACO Project Control

The core project accounting module

Project Control is the core module within JOVACO's project accounting software designed to meet the needs as well as manage the budget and growth of Professional Service firms. Monitor your project profitability quickly by having access to your revenues and expenses broken down by project.

Fully integrated to the robust financial accounting software Microsoft Dynamics GP (formally Great Plains), Project Control manages all the different aspects of your projects to incorporate the functionalities required to define and to measure costs and revenues based on budget.

Have a clearer picture of your organization's projects by:

  • Tracking various project evolutions
  • Following inter-departmental resource lending
  • Monitoring resource performance and profitability

Project Control manages flexible billing rules to properly reflect revenue recognition and Work-in-Progress with the goal to decrease operating and administrative costs.

 

Top Features

Multi-company, inter-departmental and multi-currency management

Flexible organization and work breakdown structures

Mixing & matching multiple revenue recognition methods

 

Multi-company, inter-departmental and multi-currency management

Project Control supports multi-currency functionality as well as integration of multi-company and inter-departmental projects.  You may also create and add transaction to the same project accross all companies envolved, to help you avoid double entries and to enable you to see the complete status of the project in real time for the entire evolution of the project.

Since the data is fully integrated to SQL Server and SQL Reporting Services, users have access to a pertinent pool of information to create a wide range of reports: project analysis, employee performance, project transactions as well as project profitability.

In order to meet the need for increasingly complex structure requirements, users can export overviews of their joint-projects and automatically distribute costs and revenues to each collaborating company/department then create and share individual reports. 

Users can also manage multiple project levels and cost categories to manage complete and intricate projects which have many phases (deliverables) and many activities that require follow ups. It is also possible to quickly deploy a new portion or complete project from a pre-defined template.

 

Flexible organizational and work breakdown structure

Increase the accountability of your Project Managers by authorizing them access to detailed views to optimize their resources utilization and to facilitate information exchange. Keep a tighter control on your organization's project costs and scope of work through a flexible project structure and task definition (WBS, Work Breakdown Structure) and comprehensive responsibility assignment (OBS, Organizational Breakdown Structure).

 

Mixing & matching multiple revenue recognition methods

With Project Control, accurately report earnings by mixing and matching multiple revenue recognition methods such as: time & material, project progress, elapsed time, or specific periods. With the multiple ways to recognize revenue it is possible to know at any time the current results of the company. In addition, this flexibility allows you to set different parameters for each of your projects within the same company to ensure that the results meet your organization's standards. Each project or even each part of the project, whether fixed or time and material, may have specific rules to help you evaluate all your projects with the same criteria.

 


 

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