Job Cost

The Job Cost System of the Enterprise Solution Platform (ESP21) is a comprehensive resource management and billing tool. Working inter-actively with and responding to enterprise contract documents and controls, the system collects, manages and ensures the proper accounting allocation and consumption of contract and/or work scope resources. This powerful system can be configured to meet the most demanding collection and management requirements of any organization. Integrating seamlessly with all other ESP21 applications, the Job Cost System plays a vital role in numerous enterprise activities and is where job billing occurs. Job Cost works interactively, as an ESP21 framework participant, with contract document management, human resource management, timecard, payroll, resource leveling as well as providing its own comprehensive view of job/project activity and status.

The Job Cost System empowers you to:

• Define jobs and collect expenditure data on behalf of Contract Line Items (CLINS)
• Create and manage phases and tasks as required for jobs and project associations
• Deploy management and control functions such as the audit and approval of work authorizations for jobs
• Integrate job cost data into enterprise activities, automate billing, accrue and manage resource usage vs. approved and budgeted values etc.
• Create new jobs based on historical data by using the cloning feature

The Job Cost System addresses the real world demands of precise data collection and management and intuitively represents the results throughout the enterprise wherever needed. Providing the work-flow controls and data management functions associated with resource expenditure collection, authorization and use, the job cost application plays a vital role in automating countless enterprise functions and additionally delivers “Business Insight through ESP™.”

Features

• Create an unlimited number of jobs, job types phases and tasks for use throughout the enterprise.
• Allows you to create a variety of bills and vouchers for jobs and other billable accounting expense transactions.
• Allows you to perform various activities such as creation of work authorizations, direct billings of expenses against jobs and creating and adjusting cost reimbursable billings.
• Create unlimited number of billing profiles that are customizable to include expenses from other modules such as purchase order, timecards and accounts payable.
• Integrated with billing to automatically calculate and produce invoices.
• Flexibility allows for a wide variety of billing requirements by each customer.

Benefits

• Provides real-time visibility into detailed accounting expenditures against contract document authorization and funding.
• Manage timecard work authorization and billing activities from within job cost.
• Produce more accurate billing information.
• Streamline time tracking and billing results that lead to quicker cash collection for billable items.
• Integrated with other enterprise systems such as Contracts, Purchase Order, Accounts Payable etc.
• Customize automation of billing schedules and processes for a variety of customers.