CMiC Project Billing optimizes cash flow by automating many billing tasks resulting in timely invoicing. The module handles a full complement of billing types, including complex progress billing.
Project Billing provides an easy method for entering and reviewing progress billing information. It allows the entry of dollars, percentages, or quantities put in place as well as stored materials. Billings can be automatically generated using job cost actual or even pending information.
Invoices are printed in any user defined format as well as standard AIA, CMiC Standard Invoice or Quantity Formats.
Project Billing helps control receivables by tracking contract billings and receipts as well as retention and change orders.
Fully integrated with Change Management, approved change orders immediately update billing information to ensure up-to-the-minute accuracy. Sophisticated rate tables and mark-up specifications simplify the most complex pricing models for billing.
Customized invoices are easily tailored to client requirements to further expedite payment. Payroll entries automatically update Job Costing and Project Billing for efficient entry.
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