Recognize revenue accurately and on time
Cultivate best practices and support global teams by adhering to published accounting standards and practices using built-in multicurrency, project financials, and revenue recognition compliant with International Financial Reporting Standards (IFRS).
Improve cash flow by invoicing customers quickly and more precisely
Manage billing queues and add ad-hoc transactions more effectively for invoicing. Customize customer invoices by choosing style and design, adding details, and grouping transactions for optimal review and reconciliation.
Manage your project accounting with higher accuracy
Leverage project cost and revenue profiles for fixed-price or time and material billing through a combination of accounting rules for cost and revenue, accruals, and postings. Quickly review project statements and forecast cash flow to get in-depth project financial information.
Expand to a service-centric enterprise resource planning (ERP) system
Use the built-in integration with Dynamics 365 Finance or use open APIs with an external ERP system to extend to accounts payable, accounts receivable, and general ledger capabilities.