deltek vision financial management -...

deltek.com1

Deltek Vision Financial Management:

• ManageProjectProfitability

• FlexibleWorkBreakdownStructure

• BoostAccountingStaffProductivity

• CaptureEveryBillableDollar

• RelyonaSuperiorAuditTrail

• CloselyMonitorIndividualBusinessUnits

• TechnologyAheadoftheCurve

• Multi-Company/Multi-CurrencyCapabilities

• ComplexTaxCalculations

Deltek Vision® Financial ManagementA Fully-Featured Accounting and Billing System that Revolves Around Project

Developedspecificallyforproject-focusedfirms,givingyouunprecedentedinsightintocompany-wideperformance.

• Accountspayable

• Generalledger

• Revenuerecognition

• TimeandExpensemanagement

• Billing

• Interactiveprojectandgeneralledgerreporting

• Accountsreceivable

• Projectandcorporatebudgeting

• Overheadallocation

• Payroll,orlinkstopopularpayrollservices

• Purchasing,withInventory

• Multi-Currency

• Multi-Company

Manage Project ProfitabilityVisionautomatesandintegratesallaspectsoffinancialandprojectcontroltoprovideprojectmanagers,businessmanagers,principalsandaccountingstaffwithimmediateaccesstothemanagementinformationtheyneedtomakedecisions.

Usingup-to-the-minuteinformation,managerscancomparebudgetedtoactualcostsandmakeadjustmentsasnecessarytomaintainorincreaseprojectprofitability.

Flexible Work Breakdown StructureVisionusesaflexibleworkbreakdownstructure(WBS)tohelpyoumanageeventhemostcomplexprojects—allowinguptothreelevelsofprojectstructureswithuser-definedlabelstomeetindividualneeds.Levelscanbedefinedgloballyandattheprojectlevel.

Boost Accounting Staff ProductivityIntuitivedataentrymakesiteasytoentertransactions,whilebuilt-inchecksensureemployeesusevalidprojectnumbers,accountnumbersandothercodes.AndbecauseVisionisfullyintegratedwiththeVisionproductsuite,redundantdataentryisminimized.Forexample,asinglelaborchargeentrywillupdateyourAccounting,Payroll,BillingandResourcePlanningmodules.

Figure 1: TheOfficeEarningsreportgivesfinancialandprojectmanagersahigh-levelsummaryoffinancialactivityincludingcurrent,year-to-dateandjob-to-datetotals.Useittodeterminewhatprojectmanagersaremakingorlosingmoney,whattypeofworkismostprofitable,viewprofitabilityofdepartmentandmore.

World Headquarters:United States13880DullesCornerLnHerndon,VA20171800.456.2009

Regional Headquarters:United Kingdom1WarwickRowLondonSW1E5ER+44(0)207518-5010

DenmarkVordingborggade18-22DK-2100CopenhagenØ+4535277900

Australia6thfloor182VictoriaSquareAdelaideSouthAustralia5000+61881121200

deltek.cominfo@deltek.com

2

Deltek(Nasdaq:PROJ)istheleadingglobalproviderofenterprisesoftwareandinformationsolutionsforprofessionalservicesfirms,governmentcontractors,andgovernmentagencies.Fordecades,wehavedeliveredactionableinsightthatempowersourcustomerstounlocktheirbusinesspotential.Over14,000organizationsand1.8millionusersinapproximately80countriesaroundtheworldrelyonDeltektoresearchandidentifyopportunities,winnewbusiness,optimizeresources,streamlineoperations,anddelivermoreprofitableprojects.Deltek–Knowmore.Domore.®deltek.com

©2011Deltek,Inc.Allrightsreserved.Allreferencedtrademarksarethepropertyoftheirrespectiveowners.032111-v1

Improve Cash FlowVisionwillimprovecashflowbycapturingallbillabletimeandexpense,preparingaccurateinvoicesthatmeetprojectcontractualrequirementsandfacilitatingthetrackingandtimelycollectionofreceivables.Designedtosupportcomplexbillingrequirementsthatvaryfromclient-to-clientandproject-to-project,thesystemautomaticallycaptureseverybillablelaborandexpensetransaction,appliesratetablesandemployeeoverrides,calculatesfeesandgeneratesdraftandfinancialinvoicesinavarietyoftemplates.Anddraftinvoicescanbeemailedtoprojectmanagersforreview.

Rely On A Superior Audit TrailVisionprovidesacomprehensiveaudittrail,allowingprojectcoststobetrackedfromtheopportunitystagethroughprojectcompletion.Interactivegeneralledgerreportingletsyoudrill-downonanyaccountbalancetorevealunderlyingtransactiondetail.

Closely Monitor Individual Business UnitsNeedtotracktheperformanceofseparatecompanies,offices,divisions,diciplinesorotherprofitcenters?

WithVision,userscanmaintainseparatebudgets,balancesheets,financialstatementsandgeneralledgerreportsforindividualbusinessunits—rightdowntothetransactionallevel.

Multi-Company/Multi-Currency FeaturesVisionprovidesfullmulti-company/multi-currencyfunctionalityincluding:• Defaultandprojectreportingterms

• MCMCIntercompanybillingsecurity

• Presentationcurrencyforperformacemanagementreporting

• Internationalmailinglabel(Avery®)support

• Global/Localchartofaccountsupport

• Complextaxcalculatiionsincludecalculationoftaxonretainage,compoundtaxapplications,andtaxtrackingandreportingcapabilities

Technology Ahead Of The CurveUniversalaccessandzero-clientinstallensurethatanyuserwithInternetExplorercanaccessthesystemfromanywhereatanytime.Otherthanawebbrowser,noplug-insorappletsareneeded.Visionsupportshundredsofconcurrentusers,yetcanbereadilyscaleddowntomeettherequirementsandresourcesofsmallerorganizations.

Figure 2: VisionBillinghelpsyoupreparetimelyandaccurateinvoicessoyoucangetpaidmorequickly

Figure 3: Visionprovidescompletedetailonprojectcoststoenhanceinternalcontrolandprovideastrongaudittrail.