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Project Costing Management

Overview

Synergix E1 ERP System Project Costing Management

Ensure clear visibility on your project progress and financial information in real time with Synergix E1 Project Costing Management. This module is suitable for customers who are in project-based industries such as Building & Construction/ Installations, Design, and etc.

Synergix E1 ERP System also accomplishes comprehensive billing requirements for project industries including Customer Progressive Certification and Claim, Sub-contractor Progressive Certification and Claim Management and retention billing tracking requirements. Resources availability is critical to a project success and it is, therefore, essential to utilize them efficiently. With a clear and detailed view of your resource capacities, Synergix E1 Project Costing Management will allow effective resource management thus enhancing your company’s efficiency.

Synergix E1 Project Costing Solution is designed to fit the unique requirements for your industries including:
Mobile Browser

Synergix E1 ERP System allows Approving Managers and Job Site Supervisors to have access-on-the-go with their handheld devices with iOS and Android-compatible mobile browsers. Now they can raise requests, make approvals, monitor project status and track worker’s time any time on the work site.

Budget Estimation/Control

Synergix E1 ERP System allows users to budget the related resource usage cost (including labor, outsourced service and material) in every phase/sub-phase of a project. Every cost incurred in the project will be counter-checked against the budgeted amount to ensure that the project cost does not overrun.

Auto-Computation Of Estimated Project Profitability

Synergix E1 ERP System is used to avoid under-quoting or overbidding a project. By specifying the estimated resources required for a project, Synergix E1 will compute the profitability and automatically generate the general profit level to help in making adjustments to each project’s bid amount.

eWorkflow Approval

Synergix E1 ERP System supports budget revision where Project Quotations, Purchase Requests and Sub-Con payments can be routed to various managers for approval.

Accurate Cost Allocations To Project

Synergix E1 ERP System can track various costs incurred in a project. Its e-Project Costing Solution accurately captures these costs by integrating procurement, time sheet, and employee claims modules.

Full Audit Trail for Project Variations

Synergix E1 ERP System is able to track any changes made either as a change from the Original Contract or Variation Order in terms of addition or omission. It automatically updates these changes to other integrated modules and produces an audit trail to analyze these variations.

Daily Site Planning

Synergix E1 ERP System allows the planner, usually the Operations Manager, to plan work allocations to different teams on a daily basis. This screen will show information about the job allocation including the assigned team, nature of work, contact details of the person-in-charge, and assigned Operation manager. A report will be automatically sent to the assigned team through email to notify them about the allocated job once the planning is done.

Inventory Planning

Synergix E1 ERP System provides users with information of which date/time the materials needed for the project can be collected. This is very useful for project companies which produce their own materials for a particular job. The Project Resource Scheduler can allocate and capture manpower, inventories and services consumed for projects.

eJobsheet

Synergix E1 ERP System allows the team manager to access information about the job allocated for the team. Team managers can be equipped with handheld devices to key-in their daily eJobsheet entries. Through eJobsheets, users can add information including the inventory of used materials, owned and hired assets usage/towing information, worker’s time log, visitor/inspection log and captures digital signatures or drawings. Any media file taken at the site can be uploaded to an integrated Dropbox folder.

Project and Retention Billing Management

Synergix E1 ERP System allows flexible billing methods to track all billings, retention and cost statuses, conforming to the Singapore Accounting Recognition standards. You can define and create a separate account billing for the retention amount. The retention amount will be tracked whenever you generate an invoice and set a fixed maximum retention figure allowed for a project. It automatically derives the retaining amount for each invoice and convert these same values into invoices upon project completion thus saving you a lot of time.

Vertical Add-Ons

Other modules outside our basic Synergix E1 ERP Project Solution Suite which you could look to explore include:

  • Sub-Con Claims and Certification
  • Customer Claims and Certification
  • MRP Calculation
  • Payroll and e-Leave
  • Time Card System Integration
  • Barcode and RFID Integration

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Synergix E1 Enterprise Resource Planning (ERP) System - Why Choose Us
Why Choose Us?