ACTO ERP: PMA

Project Management and Accounting Solution

ACTO ERP PMA is a Project Management module for ERP systems based on cutting-edge technologies, adapted to the requirements of the Latvian market, ensuring efficient process management, data security, and information transparency.

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Centralized project, financial, and resource information in a unified system.

Full project financial transparency and budget execution control.

Effective project planning, forecasting, and decision-making.

Automated data flow between ERP modules.

Flexible adaptability for various industries, including construction.

Compliance with financial accounting and management requirements in real-time.

What is the functionality?

Project life cycle management

  • Project creation and management according to different project types: time and materials, fixed price, investment, cost, internal, and time tracking projects.
  • Project phase, status, and responsibility management throughout the project lifecycle.
  • Maintaining project structure and information in a unified system.

Project Planning and Budgeting

  • Detailed project budget creation by categories, activities, or amounts.
  • Creating a Project Work Breakdown Structure (WBS) with Activity, Timeline, and Cost Planning.
  • Project forecasting and budget control at different stages of project implementation.
  • Estimate at Completion (EAC) calculations using multiple methods.

Resource and workload management

  • Internal and external resource planning according to the project schedule and requirements.
  • Consideration of resource availability and skills when distributing tasks.
  • Resource utilization and efficiency analysis.

Laika, cost, and inventory accounting

  • Time tracking on projects (hours, overtime, billable/non-billable work).
  • Automatic allocation of costs to projects from procurements, inventory, and services.
  • Inventory consumption accounting in projects using various inventory write-off methods.

Project procurement and settlements

  • Creation of purchase and sales orders in direct connection with projects.
  • Automatic project cost and revenue accounting in financial modules.
  • Generating project invoices using invoice proposals.
  • Flexible project revenue recognition according to project type.

Financial Accounting and Integration

  • Full integration with General Ledger, Debtors, Creditors, Travel Expense Claims, and Inventory.
  • Automatic creation of financial entries without manual data duplication.
  • Unified financial and project data environment.

Analysis and reports

  • Project profit and loss analysis.
  • Budget, actual, and forecasted cost comparisons.
  • Cash flow analysis by project.
  • Project execution, profitability, and resource efficiency reports.

Expected result

  • Full project financial transparency and control
  • Decisions based on current data
  • Reduced administrative burden for project managers
  • Improved project execution quality and adherence to deadlines
  • More efficient use of resources and budget

Add-ons

ACTO ERP: PMA Solutions for Projects and Construction

Project Planning Solution

Project Planning Solution

The project planning solution enables long-term project and project portfolio planning by linking projects to organizational strategic goals, development programs, and investment plans.

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Construction project solutions

Construction project solutions

Construction project solutions provide contract management and execution control in construction projects, allowing for the management of contracts, estimates, changes, and execution acts, closely linking them to project financial accounting.

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Module terms of use and costs

Simple implementation, flexible licensing, and immediate benefit in financial management.

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Central

€365 + VAT

For one PMA functionality user.

  • Bug fixing and compatibility with D365 platform updates during the rental period.
  • Compliance with the legislation of the Republic of Latvia.
  • Unlimited number of licensed ACTO ERP users.

As requested

  • Training, consulting, and other services.

Are you ready for changes?

If you wish to learn more about the solution or get a more detailed description of its functionality, please write to info@dots365.lv

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Data processing terms