The historical data for the tenders and their items in the construction companies are carefully preserved.
Accurately records the cost components of the “Tender Items”, then determines the price that will be submitted in the tender through the Construction Accounting Program.
It measures the profitability of tender offers, before submitting them, to make the appropriate decision either to participate in the tender or not.
Converts the tender after the awarding to one or several projects.
Registers project contracts.
Verifies advance payments.
Provides estimated budgets for projects.
Assigns business items to a sub-contractor, or several contractors.
Transfers items from one sub-contractor to another.
It compares the elements of the actual budget cost, and shows the difference at the level of work items, separate or total.
It provides professional performance indicators, according to the cost components (labor – materials – equipment – sub-contractors – other costs).
It submits payment clearances to competent authorities according to their chain of review and registration of recommendations, then accordingly approving the payment clearances.
The due payment requests are followed through the system until payment.
Collects the net value of the payment clearances, after deducting fines and payment rates through the construction accounting program.
Provides a separate statement of the status of each (advance payment – detained fee – fines and their types – payment clearances) for each project, and for all projects.
Follows the payment clearances of sub-contractors.
Accurately measures the financial performance of each project.
It tracks changes in the value and duration of contracts.
Provides accurate analytical reports of the expenses and revenues of each project.
