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OpenAir Description
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Manage and analyze project finances, from bid preparation through time and expense tracking to client billing or internal charge-backs.
OpenAir provides powerful tools to perform these processes across multiple offices and mobile employees.
Track time and expenses
Capture time and expenses through any computer, PDA, or WAP-enabled phone. Timesheets and expense reports can be routed electronically for line, multi-level or project-based approvals.
Manage client billing
OpenAir offers extreme flexibility in managing client billing, handling fixed fee or time and materials billing, with or without time and expense markups. Automatically generate invoices, then bill clients electronically, print and mail invoices, or export billing data to a financial system.
Recognize revenue
Account for revenue more accurately by establishing project-based rules for revenue recognition. Accelerate revenue by recognizing it sooner and billing for partially completed projects.
Analyze project profitability
OpenAir reports let you do in-depth analyses of project profitability, based on fully-loaded costs. You can establish revenue recognition and cost recognition rules and incorporate project-based purchase order functionality to draw an accurate real-time picture of actual and projected profitability.
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