The Professional Services Automation Solution
Project Accounting Software
Easily and efficiently manage and analyze project finances with OpenAir project accounting software. From bid preparation through time and expense tracking to client billing systems and internal charge-backs, OpenAir project accounting billing software provides powerful tools to perform these processes across multiple offices and mobile employees.
Track time and expensesCapture time and expenses through any computer, PDA, or WAP-enabled phone. With OpenAir project accounting software, timesheets and expense reports can be routed electronically for line, multi-level or project-based approvals.
Manage client billingOpenAir project accounting expense software also offers extreme flexibility in managing client billing, handling fixed fee or time and materials billing with or without time and expense markups. Automatically generate invoices then bill clients electronically, print and mail invoices, or easily export billing data to a financial system.
Recognize revenueAccount for revenue more accurately with OpenAir project accounting solutions by establishing project-based rules for revenue recognition. This will then allow for the acceleration of revenue by recognizing it sooner and billing for partially completed projects.
Analyze project profitabilityOpenAir project accounting reports let you do in-depth analyses of project profitability, based on fully-loaded costs. You can then establish revenue recognition and cost recognition rules and incorporate project-based purchase order functionality to draw an accurate real-time picture of actual and projected project profitability.