Pegasus Construction Industry Solution (CIS) lets you see the profitability of the contracts and the calculated costs to completion.
It is a software solution specifically designed for the construction industry. It will not only make you fully compliant with the taxman, it will also bring astonishing efficiencies to your contract management.
Did you know that the average construction project suffers 150% cost overruns? Did you know that the average construction project completes more than 175% late? There is obviously the need for software that can help you deliver projects on time and within budget.
Keeping you on the level
Pegasus CIS provides complete control over all aspects of contract management, from costing and timesheets through to payment applications.
Fully integrated to the Sales, Purchase and Nominal Ledgers, Cashbook and Payroll, it conforms to the requirements and regulations of HMRC’s Construction Industry Scheme.
The software recognises the complex business needs of the construction sector, offering a level of management control over contracts and subcontractors. It also operates with Opera 3, Opera 2, Sage 50 and Sage 200.
Taking control of contracts and cost
It has been estimated that the average construction project suffers 150% cost overruns and completes more than 175% late.
Investing in the right software could help transform this into a more profitable proposition where projects are delivered on time and within budget.
Simplifying admin and improving costs
Controlling the costs of a project can be a daunting task. Not only does a company need to track the costs of the purchases, there may be sub-contractors who need to be paid under HMRC’s Construction Industry Scheme regulations, as well as raising and chasing Payment Applications to clients.
Effective cash management is key to making a profit in a contracting environment. Pegasus CIS has been specifically designed to give instant access to up-to-date information that allows you to manage your contracts.
Knowing what is owed and when it is due and who needs to be paid and when, are critical issues. Pegasus CIS addresses these and many others as part of helping you manage your contracts effectively.
Pegasus CIS features include:
Industry compliance. Pegasus CIS meets the regulatory compliance of HMRC’s Construction Industry Scheme.
Impressive functionality. Covers all the requirements of contract costing, controlling materials, purchase orders and purchase invoices.
Powerful reporting. Integration with award-winning Pegasus XRL to deliver fast and accurate information and enhanced analytical power.
Flexible analysis. The Management Information System (MIS) easily adapts to the analytical requirements of your business, making it easy to analyse key information.
System integration. Seamless integration and data flow between Pegasus CIS and Opera 3 or Opera 2, Sage 50 and Sage 200 accounting systems.
Nominal Ledger Integration. Integration with the accounts system to eliminate double posting of transactions so no manual posting is required.
Stock control. Monitoring stock levels, knowing stock locations and what needs to be ordered and when are all managed within this module.
Site requisition. Provides a powerful and controlled method of allowing stock to be requested from the site office.
For more information about accounting software, call us on 0191 500 8150 or email us on email@example.com.
One of our friendly Business Software Consultants will be able to talk you through what we do and give you a free demo!
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