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Beginning with project, vendor and contract definition, through progress tracking and change order processing, and finally, vendor payment generation, Aempower Project delivers a comprehensive, scalable solution to your capital project requirements.

Features:

  • Project Tracking
    • Tracks project activity at multiple levels -- FY or ITD, fund, budget account, object of expenditure/revenue source
    • Defines an individual project in terms of: duration, scope, goals, estimated costs, funding sources
    • Tracks progress by establishing financial milestones and recording actuals in relation to them
    • Records and tracks construction/development schedules against financial milestones
    • Includes project management extras such as: providing a project event log to record key events; capturing project manager narrative text
  • Vendors
    • Maintains vendor data and offers an advanced vendor search tool
    • Provides support for vendor qualification process
  • Contracts
    • Establishes new contracts and associates them with a specific project, vendor
    • Allows contracts to span multiple projects
    • Supports bonding/insurance requirements and wage certification maintenance
    • Supports change order processing to modify contract terms
  • Payments
    • Generates payment by issuing payment voucher transactions
    • Supports retainage requirements by automatically withholding a portion of payment
  • Revenues
    • Tracks project revenue
    • Generates cash receipt transactions to record revenues
  • General
    • Journal voucher document records project accounting adjustments
    • Includes project, contract and vendor summary reports/inquireies with full history