B-ON-TRACK is an indispensable budgeting and financial tracking tool for project managers who want to have systematic management and control over project budgets, resources and execution.

Easily track your projects’ delivery performance anytime, anywhere

B-ON-TRACK is the budgeting and financial tracking module which provides a true, real-time picture of your actual projects’ performance against the original goals created in I-D-FOLIO. You can configure reports to track each of your project’s status highlighting such information as financial status, budget analysis, and real expenditures versus planned, at any given time during the project’s life span.

B-ON-TRACK also easily interfaces with Excel and MS Project and other financial software solutions. B-ON-TRACK can also be integrated into an Enterprise Resource Planning System (ERP) enabling the use of real-time information that can validate the data in B-ON-TRACK without adding resources or duplication of efforts. B-ON-TRACK safeguards the integrity of projects’ financial results while keeping you on top of their performance.

B-ON-TRACK also manages the procurement function by addressing the need for systematic purchasing, ensuring a document approval of received products and services, reporting of cash disbursements and payment of invoices. All of these factors are in line with GAAP (Generally Accepted Accounting Principles) as well as government and industry regulations such as Sarbanes Oxley and Bill 198

B-ON-TRACK benefits

• Eliminates manual budgetary reconciliations that may bring into question the integrity of project financial results.
• Fills the need for integrated project financial reporting.
• Provides a breakdown of all budgetary expenditures and a historical paper trail of all changes and their financial impact on the project.

Once the data is integrated, financial reports can be prepared such as :

• Accruals.
• Project's financial status (at any given time over the period of the project).
• Budget analysis, real expenditures vs planned expenditures.
• Earned value ratio.

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