All sectors

Engineering, Architecture, Surveying, Real Estate & Construction

Sector characteristics

Project-oriented work – large, phased projects

Varied pricing based on : Time and Material, Fixed-price – Milestone Based, or % Total Construction Cost

Need to capture % completion at Project or Task level

High utilization – long assignments

Activities often linked to deliverables (e.g. drawings)

Extensive work at client site

Revenue recognition unrelated to invoicing

Extensive third-party fees for rebilling (document preparation, additional expert opinions, etc.)

Sector challenges

Project overrun

Failure to recover expenses and third-party fees

Incorrect revenue recognition

Staff planning challenges

Over-valuation of work-in-progress

systems@work benefits

Can handle multiple project types: fixed price, time and material, etc.

Enables capture of fee estimates and current % completion from project manager (retained for historical analysis)

Enables correct revenue recognition

Enables analysis by sector, client, grade, role, project, location, etc.

Can combine (or separate) expense rebilling with time-based invoices

Enables capture (or import) of third-party fees

Integrates with Microsoft Project


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