April 10, 2019

Full simulation for contracting work

EXCEED-ERP supports the payment in advance and deducts a percent of this payment from each project extract. The system supports the business insurance and gets its value back in the project end or after a period of the project end. EXCEED-ERP can also automatically discounts the insurance, guaranty, and taxes from ordinary and final extracts. On the other hand, the engineering management can record the completion percentage daily or weekly to monitor the project status, where the system monitors the quantities of previous extracts and compares these quantities with the completion percentage to create an extract by the difference. You can also define a condition or many conditions for each project phase, item or even for the whole project contract. The defined conditions integrate with the project extracts, where the system search for verified conditions and inserts their values automatically with the extracts of the project contract. Furthermore, EXCEED-ERP allows a permitted percentage for projects. In other words, The system allows contractors to increase the quantities 10% , for example, more than the project contract value so that the contractor defrays any additional expenses that exceed this permitted percentage.

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