Invoicing and Billing
Easily and efficiently manage and analyze project finances with NetSuite OpenAir's project accounting software. From bid preparation through time and expense tracking to client billing and internal charge-backs, OpenAir project accounting and billing software provides powerful tools to perform these processes across multiple offices and mobile employees.
Master Project Accounting
Project accounting varies from project to project, differing in the resources they require as well as their duration and changes to budget. In a complex services industry, no longer is project cost simply based off of employee labor times a static hourly cost. OpenAir project accounting functionality takes the headaches out of calculating project profitability so you can quickly identify and repeat the most profitable projects.
Manage Client Billing
OpenAir's project accounting billing engine offers extreme flexibility in managing client billing, handling both fixed fee and time and material billing on the same project. Automated billing rules guarantee that all billable work and expenses are accurately captured and timely billed to your clients in order to increase your quote-to-cash cycle and improve cash flow.
OpenAir understands that each services business recognizes revenue according to its own unique schedule and guidelines. Therefore, OpenAir's project accounting functionality provides revenue recognition separate from project billing to support exactly how your organization measures profitability.
Manage International Projects
OpenAir project accounting software easily manages multi-currency and multi-taxation requirements including VAT, GST, and PST.