Cost & Time Management

Capture time & Costs on All Your Work - Streamline Your Project Billing, Chargeback, and Financial Reporting Processes

CA Clarity PPM brings you a complete solution for managing costs and revenues associated with all of your work, not just your strategic projects. Not only can you report on both internal and external costs, but you can also increase cash flow and effectively manage your budget through real-time control of billing, invoicing and chargebacks to the business.

Sophisticated categorisation functionality allows you to segregate capitalised expenditures from expenses for appropriate financial reporting and compliance with regulatory frameworks. The chargeback functionality allows transactions from internally-funded projects to be mapped to, and allocated across, business units and departments, providing equitable distribution of project costs.

Allocate costs of internally-funded projects to appropriate business units.

CA Clarity PPM enables organisations to:

Chargeback Allocations

CA Clarity PPM supports chargeback allocations as a percentage split at the overall project level or at the individual task level, separating costs incurred by team, including resource salaries.

Create and Send Invoices for Work Performed

Bill by fixed price or time-and-materials, as well as issue credit memos and re-bill, all in multiple currencies. Gain transaction-level control documentation required for significant accounts under Section 404 of the Sarbanes-Oxley Act.

Establish Billing & Cost Rates

Maintain multiple rate matrices that establish bill and cost rates for labour, expenses, materials and equipment, align multiple currencies. These costs, along with administrative charges, are then aligned with your budgets and posted. Rate matrices accept forward-moving rate changes without changing historical data, providing you with an accurate accounting of project costs by resource, period, year and organisation.

Generate Management and Operational Reports

Accurate financial reporting, includes revenue forecasts, work-in-process analysis and transactional analysis information to quickly identify potential cost overruns and other financial issues. It also gives financial information, cost allocation, time and expense capture and accurate billing, to help streamline financial management processes and improve operations.