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.

EXCEED-ERP provides independent documents for subcontractors. You can link the project of subcontractor with a term, many terms, or even the whole project. The projects of subcontractors could be monitored in parallel with the main project so as to have full information for the total cost at any time.

The expenses of contracting projects may take many and complex forms, the mater which require a strong and effective costing system. EXCEED-ERP provides a special file for contracting direct costs. Through this file, you can enter infinite number of costing elements and link them with subcontractors, raw materials, labors, and any other parameter. These costing elements could be used for issuing analysis carts to have full information for the project costs, and consequently, determining the profit margin, and final price for the contracting project. On the other hand, you can divide the project into terms, and divide each term into subsidiary terms in order to monitoring the project cost. You can also record the cost of each term in independent accounts and cost centers in order to have information for the cost of each term at level of a project or many projects.

EXCEED-ERP monitors project executions via project execution document. Through this document, you can enter the execution percentage for each project term and comparing it with contracted quantity, and then issue the project extracts according to the executed quantities.

XCEED-ERP supports a record for each project contract to enter all its data including the customer, contract start and end date, advisory name, total cost in addition to the contract accounts. EXCEED-ERP provides also a special tab screen for terms and conditions of the contract, and another tab screen to display the contracts of subcontractors.

EXCEED-ERP deals with each contract as a subsidiary account; where the project may continue for months or even years; therefore dealing with contract as a subsidiary account allow launching statement for each contract, and consequently, helps decision maker to have information about the extent of cost and profitability at any time of the project periods.

EXCEED-ERP provides an independent file for each contracting element in order to be invoked in the contracting documents. EXCEED-ERP provides a record for each project, subcontractor, advisory, work area, term category, standard term, contracting condition,..etc. All this information provides the required flexibility to ease the data entry, especially in the periodic documents.

EXCEED-ERP provides full support for all different contracting phases such as tender specifications and recording all its items and conditions, contracting assays, recording project contract, issuing project extracts as were planned in contracts till issuing final extract. This cycle works simultaneously with the projects of subcontractors included in the main project.