EMPulse Series Advanced Project Tracking and Costing supports you through the full project management life cycle with a single, accurate view of all job-related activities. This powerful module supports your company’s projects by automatically turning multi-level project time sheets into employee payments, billing requests and General Ledger transactions in even the most demanding project environments.
You’ll know exactly where you stand with every project by tracking labour costs to unprecedented levels of accuracy. You’ll also be able to stay on top of actual costs against budgets and identify cost overruns before they become problems. Burden percentage estimates will become unnecessary, since burdens are automatically pro-rated and then allocated to multiple General Ledger accounts.
The module enables you to generate and analyze costs for any job, project, operation, employee group or individual. You can then choose the right projects, assign the right resources, proactively streamline execution, and monitor profitability via accurate billing, forecasting and budgeting.
EMPulse Series Advanced Project Tracking and Costing module features:
Multi level, user configurable project tracking
Define an unlimited number of project components: jobs, operations, sites, customers, billing codes, etc.
Multiple cost segments
Multi-level, user configurable cost segments such as project, activity, cost center, site and resource for paying, billing and budgeting.
Extended rate resolution
Automate the application of dynamic pay grades, based on parameters such as job, sector, cost centers, machines, department allocation, seniority and others (and any combination thereof).
Detailed project definition
Includes time estimates, due dates, status changes and scan codes.
Designate work teams for jobs. Establish criteria for job suitability (e.g., skills, education and training, as defined in EMPulse Human Resources) and search for candidates among active and/or inactive employees.
Default cost parameters
Streamline the payroll process by assigning employees to default jobs, activities or any other parameter. Defaults can easily be overridden at the transactional level during a payroll run, as needed.
Configure project burden breakdowns to accurately calculate indirect costs. EMPulse automatically distributes direct and indirect project costs to your General Ledger in accordance with your cost accounting policies.
Comprehensive project information
Click on any job and get up-to-date information including status, percent completed and estimated, and actual costs to date (with graphical comparisons), burdens, billing information, allocated resources, project leader and more.
Detailed project history
Quickly access historical project data to track individual performance and team success rates, to improve future job estimates and Requests for Information (RFI) and to identify proven project teams.
Integrate with shop floor or attendance systems
Connect with external data collection systems to capture employee attendance and job transactions.
Generate billing requests with flexible billing rate control.
Generate reports for estimated vs. actual job costing, work-in-progress tracking, and detailed and summary project analyses by employee or by job
Data export to external systems
Export labour costs to external financial, ERP and costing systems for billing and integrated job costing.