CorpEssence Project Costing System is versatile and well-equipped with powerful insight features.  The system enables cost capturing in the project, phase level, and project ID level and is scalable across any industry. The suite can manage both billable projects and internal projects of an organization, and comes with ready-to-use cost estimation models.

You no longer need be limited to tracking one project activity at a time. CorpEssence Project Costing System provides you the flexibility of tracking and managing multiple project activities simultaneously, giving you better value on time and resources.

Functional Overview:

1. Costs are captured at project and phase level
2. Revenue and cost can be easily analyzed at the project id level
3. Cost of projects can be tracked by resources allocated
4. Maintain multiple types of projects
5. Manage both billable projects (by customer id) and internal projects for the organization
6. Track actual and estimated revenue of each projects
7. Multiple Activity (Phases) under a project can be tracked separately
8. Track ongoing sales, administration and delivery costs by projects
9. Helps to develop cost estimation models for:
   
   
   • Billable customer projects – helps to develop more accurate cost and thus, improve profitability
   • More accurate estimation of cost (for budgeting) of future internal projects for the organization
     
     
10. Improve costing and estimation of projects
11. Maintain various statuses of each projects

Projects and Jobs module integrate and assimilate data from the following functions:

• Time Reporting and Task Management system
• Order Management System
• Billing System
• Purchase Order System
• Inventory Management System
• Service Orders Management
• Accounts Payable System