Does every call from your banker start a financial reporting race?
Q360™ supplies Project Accounting that connects project tasks to company financial. Q360™ is a Business Process Management (BPM) tool that does accounting -- Not an accounting tool that tries to support and manage a business.
For controllers and accountants, nothing is more important than knowing that the financial data available is accurate, accessible and audit-ready. Q360™ addresses these needs by providing complete financial reporting on individual projects or amalgamated by attributes in summary or detail. Because Q360™ financial are an inherent part of projects there are single points of data entry providing a tight audit trail.
Just recording transactions only allows a historical view of the transaction. When you streamline time-consuming complex financial processes into a centralized business process, you can:
- Immediately identify which projects are generating or consuming cash
- Create visibility into discrepancies between actual and estimated expenses during the project not after
- Automate deferred revenue contracts and project cost based revenue recognition
- Tie project accounting to Time & Attendance productivity tracking
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