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This system was developed for the Ludan Group for accounting management of the projects at the different companies and profit centers of the Group. The comprehensive financial management system allows for control and supervision of the production resources, costs, accounting, collection, HR and financial planning on the project and company level.
Being a comprehensive system, it is build from many components. The system provides the following products:
- Report of the hours worked on each project by all of the staff as a basis for salary payment. Production of invoices that are based on the hours worked and calculation of manpower expenditure for each project.
- Invoice production for clients according to the project's characteristics: advancement percentage, milestones, work hours and more. Includes calculation of exchange rates.
- Interface with different systems including accounting and payroll.
- Productions of profit and loss statements for each project.
- Tracking of invoice collection.
- Forecast of how much manpower is needed for each project.
The system was launched on January 1, 2001 and has successfully proven its ability to improve the financial operations of the company and to provide the necessary decision making tools to management.
The system is an internet application that was developed under the .NET infrastructure using Microsoft SQL Server and Crystal Report (data-mining).
Comtec's Com-e-gen was used to shorten the development time and improve site performance.
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