How well do companies manage project financial control today?
In an industry with low project margins, a high level of unpredictability, and fierce competition (both domestic and international), it does not take much to turn a profitable project into a loss-making project, putting the whole business at risk.
That is why the need for excellent project financial control is no longer a ‘nice to have’, it is a must have.
IFS delivers integrated project financial control, key benefits of this include:
- Accurate Data & Timely Information
- Improved Cash Collection
- Accurate Earned Value
- Improved Project Predictability & Forecast Accuracy
- Accurate Costs & Accruals
- Improved Change Control
- Faster Period End Close
- Increased Labor Efficiency
- Reduced Dependency on Excel
Explore the rest of the benefits as well as the four key pillars of effective project financial control in this executive summary.