Project costing and billing. Project costing capabilities allow
project managers and executives to determine the financial health
of a project. The WBS can figure prominently in determining
costing rules, as can resource management criteria.
Time management. Time management is the process of
capturing the amount of time that is worked by an individual on
various tasks (actuals) he or she is assigned through a project
WBS. It is through the time that employees record that project
managers can ascertain the progress of their projects. Time
entries in timesheets can then go through a series of approval
steps (project manager, department manager) all the way to the
payroll department.
Project billing can be done on either a milestone basis or a
progress basis. As project costs and expenses all reside in
the same database, generating invoices using one set of data
eliminates the potential for errors from manual re-entry from one
system to another.
Time entries generally are allotted a cost rate and a billing rate.
This can be determined by multiple factors that are present in
resource management and/or project management. As an ERP
for Services application runs on a single database, time data is
updated instantly across the enterprise—the same data is used
for resource and time management as for invoicing clients
and issuing employee paychecks. This eliminates the need for
separate time-tracking spreadsheets, which typically represent a
much more manual and time-intensive method of aggregating the
number of hours that are devoted to separate tasks and projects.
Analytics and reporting. ERP for Services packages offer an array
of tools to gain insight into the state of the services company at
any given time. Report data reflects the structure of the company
and its projects. For example, the entire WBS becomes a source
of project data, and when coupled with resource, costing, and
billing information, it can instantly provide a true picture of the
health of the business.
Dashboards provide executives with current, actionable
information. And business intelligence functionality enables
retrieval and analysis of data at all levels of the organization.
Product Comparison
Company
Product
Metafuse
Microsoft
NetSuite
Oracle
Sage
SAP
Tenrox
UNIT4
Project Insight
Microsoft
Dynamics AX
NetSuite
OpenAir
PeopleSoft
Service
Automation
Sage 300 ERP
SAP Business
All-in-One
Tenrox Project
Workforce
Management
Agresso
Business World
Yes
Yes
Yes
Yes
Yes
Yes
No
Yes
No
Yes
No
Yes
Yes
Yes
Yes
Yes
No
No
Yes
Yes
Yes
Yes
Yes
Yes
Portfolio and Project Management
Portfolio Management
Project Management
Demand Managenment
Process and Workflow Management
Risk Management
Earned Value Management
Idea Management
Project Financial Performance Tracking
Resource Planning and Scheduling
Resource Allocation
Productivity Optimization
Chat Room, Discussion Forum, Message Board
Job and Project Costing and Billing
Opportunity, Contact, and Contract Management
Customer Service and Support
Marketing Automation
Sales Management
Contract Management
Partner Management
Time and Expense Management
Time Management
Expense Management
Knowledge Management and Collaboration
Business Intelligence and Reporting
Government Regulation Compliance
Document and Records Management
Back Office
Financials
Procurement
Human Resources
Delivery Model
On premise
Cloud
Hosted
Supported out of the box
Indirectly supported, i.e., supported via modification, customization, or add-ons or by third-party or partner solutions.
26 IT-Branchepublikation: ERP 2013