CMiC Financial Controls has all the necessities for good construction financial management, providing you with up-to-date and accurate information to make solid business decisions. CMiC Financial Controls allows users to access all current and historic customer and vendor transactions to give you a clearer picture of the financial health of the project and your organization.
CMiC Financial Controls provides automatic inter-company balancing with automatic predefined transactions for recurring complex journal entries. Access a full audit trail on each transaction, and provide financial statements in multiple different formats. Track invoices, access online historical financial information, allocate revenue accounts across companies, provide vendor support by company and integrate with all billing systems. Create flexible and easy-to-understand reports to meet every project stakeholder requirement, manage all fixed assets and minimize the cost of managing receivables and manage payable activities across borders using multi-currency processing with automatic foreign exchange loss/adjustments.
CMiC Financial Controls allows you to improve cash flow, optimize credit risk and improve customer service.