Comparing Project Management Software and Accounting Software
Accounting software handles financial & accounting records, balancing financial accounts, cutting payments, and running financial statements. The primary function of
accounting software is accounting and book keeping. Accounting records are kept pristine and are limited to those qualified for managing accounting records, typically book keepers and financial management staff. There is, however, another process that takes place before costs hit the
accounting software and that done using
project management software.
Project management software is used to control work performed, manage employees, quality assurance, budget approvals, invoice submittal, contract approval, document control, task approval, work orders, change orders, and of course task documentation.
A1 Tracker is an
on-line project management software with different modules that resolve the pre-accounting
project management process. It tracks budgets and budget caps for work. For example, a project manager may want to run an
on-line cost report to view cost data to find out how much money was spent on
project requirements and estimating. Managers and assistants can be given access to their specific project location to
monitor productivity without giving access to the accounting software.
A1 Tracker is a
web-based project management software giving access to, for example,
costs per unit and number of
units budgeted and used on the project and by each employee. This
on-line cost data may then be imported, once approved and finalized, into an
accounting software. The
project management software process keeps the accounting software data clean and secure from additional users.
On-Line Task Assignments and Task Monitoring
Accounting software will generally track the amount paid out to a company, however, not the details such as specific work activities or how many units an employee delivered in a day or over the period of a week.
A1 Tracker will also calculate profitability and product output PER employee,
profit per work activity, and profit per location for a company.
Accounting software typically tracks how much you pay employees from a payroll accounting and payroll tax standpoint.
A1 Tracker is more geared let managers monitor employee productivity and can be tracked down to an hour by hour or unit by unit basis if desired, and then summarized and transferred into an accounting software for payroll processing.
On-Line Contract and Insurance Tracking
A1 Tracker tracks insurance documents such as all insurance policies and insurance certificates, coverage amounts, and insurance limits.
A1 Tracker tracks back and forth
project communication on line for
project management collaboration.
A1 Tracker allows a company to assign work to vendors and an e-mail with the assignment is automatically sent. Thus, eliminating faxes, job orders or assignments. This keeps a historical trail of accountability for who has been responsible for certain assignments and that these people are notified of their assignment which reduces dispute.
A1 Tracker evaluates employee performance to give supervisors the ability to rate employee work activities. These ratings may be used as legal documents justifying terminations, salary increases, and promotions.
To learn more about A1 Enterprise Business Software and Business Services, visit us at
http://www.a1enterprise.com.
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