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Envision Accounting

By Envsion Accounting

Current Version: 2.03 
Product Description  


Envision Accounting is an integrated cloud based application that is specially designed to handle the accounting, billing, and project management needs of professional service firms such as architects, engineers, and consultants

Envision comes standard with these integrated capabilities:

• Client & Project Management
• Staff Management
• Time & Expenses
• Dynamic Billing
• Real-time Reports
• General Ledger
• Accounts Payable
• Accounts Receivable
• Purchasing
• Budgets & Forecasts

Envision provides efficient project management and full financial control over your projects, clients, and contracts. You gain control of your revenue and expenses without adding to your administrative burden and make sure that you have the right people in the right place doing the right jobs.

Envision allows you to define and organize projects and clients, allocate resources, maintain original and revised budgets, collect actual activities and costs, and compute final costs and margins. Comprehensive and easily accessible reports provide an analysis of performance trends within projects, across projects, and even by individual resource.

Envision’s unitary database means that data entered into any component is instantly available for real-time analysis by Project Control.

Project entries are collected by; Time & Expenses, Purchasing, General Ledger and Dynamic Invoicing. There is no requirement for cumbersome batch-processing, or importing of data from other modules. Errors associated with data re-entry are eliminated and your administrative burden is reduced. For example time-sheet and expense-sheet data entered remotely or locally in Envision’s Time and Expenses is immediately available for detailed project reporting and invoicing. And of course you also avoid inconsistencies and reconciliation requirements between project management and accounting teams that accompany multiple data sets.

Best of all you can now track performance at any stage of the project – even across years – as there is no need to wait for period closings to get an accurate report on revenue or expenses — or any other aspect of your project.

Contract and client contact data is also available from within Project Control so that now you can easily capture contract details, track contracts by client, monitor projects by contract terms, and track contract performance.

Because has been specifically designed for professional service organizations there is no cumbersome and costly customization requirements or linking to external modules. While you can benefit from all of Project Control’s features right out of the box – you can also structure Project Control to handle your individual way of doing business. With Project Control’s flexibility you can assign individuals by name, role, task or activity and retain visibility into project performance across multiple projects or right down to the individual activity level.
Project Accounting allows you to allocate overhead, apply flexible billing rates – all with a degree of flexibility to best suit the needs of your individual business.

· Easy and accurate capture of all project expenses.
· Manage and monitor multiple projects
· Efficiently manage internal and external projects
· Closely manage the financial aspects of projects
· Accurately and quickly generating billable information at a level of detail and format demanded by clients
· Increase billing efficiencies and improved financial liquidity.
· Improved management and utilization of resources
· Increase collaboration between employees.
· Streamline project-related business processes for clients more efficient servicing of clients.
· Improved management of project portfolios.

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Note: The vendor profile above for (Envision Accounting
) is not written by Accounting Software 411. Information is provided and maintained by the vendor Envsion Accounting and/or by third party sources. Accounting Software 411 confirms basic company data prior to posting a profile. The above information is not a review or endorsement by Accounting Software 411 of the product.

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