Project Accounting and Project Management - EPC Firms Have the Best of Both Worlds with PENTA
eTimesheets and eExpense
PENTA e-Time and eExpense applications provide self-service time and expense entry & approval capability for professional staff and consultants who charge time to projects and/or overhead expense accounts. Targeted for users such as design, management, and administrative personnel, project managers, and consultants, features of e-Time and eExpense include:
- Self-service entry and edit of timesheets
- Rule-based routing for review and approval
- Remote deployment
- Complete integration with PENTA security, validations, pick lists, and PENTA Digital Dashboard alerts for exception reporting
Procurement
PENTA’s purchasing capabilities efficiently supports large engineering & construction entities with resources focused specifically on procurement activities, as well as engineering & construction entities where individuals fulfill several roles including the buyout of equipment and materials for jobs. Whether staff are authorized to enter into purchase agreements up to a limit, or required to issue and submit requisitions to a central purchasing group, PENTA purchase orders may be issued for many types of purchases:
- Jobs
- Work Orders
- Fixed Assets
- Inventory
- Overhead items
Project Management
Integrated with PENTA and Microsoft Outlook®, Project Managers use the PENTA Project Administration to identify potential cost overruns in time to rectify, address and track issues in a timely fashion, quickly provide project cost status and forecasts to accounting, maintain history of project communications, and easily route, log, and store all communications and documents in a secure repository. PENTA Project Administration is easy to learn, easy to use, and lets PMs quickly move from activity to activity to effectively respond to the fast-changing demands of their jobs, including:
- RFIs
- Submittals
- Documents
- Issues
- Drawings
- Contacts
- Meeting Minutes
- Change Requests
- Daily Reports