The projects initiation phase of any project is the first phase and one of the most crucial phases. This is because this phase serves as the foundation for everything else to come. Piramids project management module is designed to help you develop a project charter or business case, identify the necessary stakeholders, run a feasibility study and gather the right team for the project.
Sales & Contracts Management
Project reviews are necessary to assess the overall performance of stakeholders on a project. After planning and implementing the project, Piramids conducts project reviews that help to determine the most efficient and effective processes moving forward, the areas of the project that need improvement, and the strengths and accomplishments of various stakeholders.
Without proper cash management, it will be impossible to complete a project successfully within the allocated budget and timeframe. Piramids is well vast in the management of cash flow in and out of the project. With Piramids project management tool, you can easily monitor and manage projects cash inflow and outflow.
A general ledger typically contains all the transactions of a business. This often includes sub-ledgers such as accounts payable, accounts receivable, and fixed assets. Piramids accounting system ensures that your general ledger is completely up to date with all transactions, including assets and liabilities.
This helps you prepare all the necessary financial documents required to paint a clearer picture of the business’s financial standing.
Accounts payables refer to any amounts a business owes to its suppliers and other creditors, typically for items or services that have been procured or invoiced for. Piramids accounting system is capable of handling PO-based and non-PO based invoices with 3-way match and checks for duplicate invoices minimizing mistakes and fraud risks.
Accounts ReceivablePiramids is tightly integrated with Contracts and capable of producing milestones-based billing and fixed installment plans, setting up the contract once and generating the bills based on progress or terms, and easily track for the payments. Piramids monitors these amounts and duly records them while reaching out to the customers to get the payments on time.
Fixed AssetsPiramids will allow you to keep detailed inventory of assets, and regularly update records of all the fixed assets on the project. Piramids will take into account depreciation. Other features that will be helpful with your asset management are:
- Maintenance history of the assets
- Record of the asset, their condition, and their locations
- Disposals, revaluations, and acquisition of fixed assets