Project Accounting and Project Management - EPC Firms Have the Best of Both Worlds with PENTA
Whether engineering projects in the petrochemical, power, renewable energy, utility or transportation sector, Engineering, Procurement & Construction (EPC) contractors trust their businesses to PENTA software every day. PENTA is a fully-integrated enterprise system which:
- Unifies management of engineering, procurement and construction operations
- Simplifies multi-location, multi-company and inter-company accounting
- Automates self-service entry and management approval of time and expenses
- Empowers decision-makers with daily management information in an analytical format and intuitive user interface
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
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:
- Work Orders
- Fixed Assets
- Overhead items
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:
- Meeting Minutes
- Change Requests
- Daily Reports
PENTA Named a Top Oil & Gas Contractor Software
CIO Review has named Penta Technologies to their annual list of the most promising oil & gas solution providers.
Award-Winning Enterprise Software for Contractors
A Constructech Top Product Award Winner for Commercial Contractors for the second consecutive year, PENTA drives performance gains further for EPCs by taking a comprehensive view of business processes. Penta Technologies' customers improve performance with integrated construction and service management applications, consistent process execution and continual performance analysis.
Crew-Based Field Reporting
When it comes to software options for construction firms, one size does not fit all. PENTA Work Package Manager apps offer crew-based field reporting tools designed to make crew foremen and front-line supervisors more efficient. PENTA Work Package Manager apps help your foremen and front-line supervisors improve schedule reliability and predictability, while being more efficient with administrative functions.
Document Management and Workflow
Powered by market-leading Enterprise Content Management Technology, Penta Techologies' customers can import documents into PENTA by scan or from disk, centrally store documents in a networked repository of electronic documents, link documents to PENTA records by importing a file, dragging and dropping an Outlook® item, or searching for a stored document, and generate documents based on data from within PENTA, including Jobs, Subcontracts, Change Requests, RFIs and Submittals.
Integrated Construction Business Intelligence
PENTA Role-Based Workbenches are construction business intelligence tools that help EPC contractors continually analyze performance against their key performance indicators. Role-Based Workbenches moves contractors beyond static reports to evaluate trends, share information and more effectively manage the performance of their organizations.
Free download of "ERP Selection and Best Practices" article from Building Profits
CFMA's Building Profits magazine published a detailed article of advice for contractors seeking to make the process of choosing construction ERP software less daunting. Download your free copy today.
Learn How PENTA Can Help You
Penta Technologies develops enterprise software that helps construction, service, and engineering enterprises improve business performance.
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