PROJECT ACCOUNTING & MANAGEMENT OVERVIEW
 
     

Competition for projects is increasing, as are customer expectations. Requirements and resources are in a constant state of flux. In this complex environment, how will you ensure project profitability while delivering on your customers' objectives? When you share information among project stakeholders, everyone wins.

Successful project organizations know that people drive projects. These companies ensure project success by streamlining and automating project processes while providing timely and meaningful data to all project stakeholders. You need a partner who will help you explore your unique business objectives and environment, envision solutions that will take you where you want to go, and execute the realization of that vision to achieve success.

At Summit Consulting, our Project Management and Accounting Group is focused on assisting project driven organizations in achieving their business objectives through the application of strategic business management technology. This focus enables us to deliver a concentrated level of industry knowledge and experience combined with a deep selection of software tools to create the solutions your business requires. Let us know how we can partner with you to achieve success.

SOLUTIONS

Modules – Project Control and Analysis, Project Budgeting, Project Allocations, Flexible Billings, Time and Expense, Employee Utilization, Contract Management.

Extensions – Microsoft Project Server Integration (PSA), Service Management, ADP Payroll Integration, Web-Based Time and Expense, Purchasing and Requisitions Management.

Services – Project Management, System Configuration and Design, Report Design, Customization and Integration, Data Conversion, and Training.


View our checklist to find out if these solutions are right for your organization.

CHECKLIST
top

If you answer yes to one or more of these questions then Summit may have a solution to meet your needs.

  • Are projects a significant component of your organizational strategy?
  • Do your projects have multiple tasks, breakdown structures, or deliverables?
  • Do you use Microsoft Project or Project Server to manage deliverables? Do you offer different project terms – fixed fee, time and materials, cost plus, etc?
  • Do you have customers who request different invoice formats (details, categories, etc)?
  • Do you have trouble determining project profitability while the project is still in process?
  • Do you have difficulty managing change orders and budget revisions?
  • Do you track individual time and expenses against a project?
  • Do you have revenue recognition issues?
  • Do you have multiple billing rates for labor, materials, and/or other expenses on a project?
  • Do you manage any government projects that require AIA billing?
  • Do you hire subcontractors on your projects?
  • Do you have material purchases on projects? Are these costs committed?
  • Do you have personnel in the field who require access to your system via the web or a disconnected tool?
  • Does your system fit a sound technology platform? Are there costs related to supporting the system on an outdated or unused platform?