Project Management

From resource allocation and project planning to tracking progress and analysing performance, discover how the project management feature will empower you to optimise resource utilisation, streamline project workflows, and achieve project success! With Dynamics 365 Business Central, you can effortlessly monitor time, resources, staff capacity, and project budgets. It's an excellent solution for tracking, managing, and reporting on projects, simplifying resource allocation and control from both project and financial viewpoints.

Features include

• Resource Management
• Capacity Management
• Cost and Price Management
• Job Lifecycle Management (Opportunity to Completion)
• Timesheet and Expense Recording
• Cost and Work Breakdown
• Budgeting

The most commonly used feature of this part of Dynamics 365 Business Central is the ability to input time and expense bills, as well as the automatic approval and generation of invoices to your customers. 

Within this feature there is an integration with the purchase ledger - enabling users to create sales invoices where relevant other costs for a project have occurred. These costs and revenues can be processed by the user for release to the general ledger, in addition to the costs calculated from the WIP.

The system is expertly designed to manage and control costs and billing in your projects, with the ability to manage specific stock issues to each job and logging the time taken on each project. 

Benefits

• Enhance project cost accuracy and accounting precision through real-time timesheets and advanced job costing
• Tailor detailed budgets to ensure project profitability
• Optimise resource allocation by planning capacity and sales, tracking customer invoicing against costs
• Gain real-time project insights for improved profitability and on-time delivery.