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Costing and Billing Solution

 Most employees directly contribute to their organizations' bottom line. Their transactions and activities must be properly monitored and managed so that their customers would feel that the billings are fair and accurate. Expenses must be charged accordingly to the right cost centers, if and when approvals happen. These employees must not be constricted by recording methodologies, but helped more by generating more revenue.

With a strong cost accounting-foundation, Prime modules can handle cost, cross and project chargings, up to the employee work-minute level. Prime's strong reporting capability can easily extract this information for third-party systems to utilize. Moving on further, organizations can create comprehensive compensation and benefits package from support to winning employees.

Some Useful Statistics
In 2001, the Philippines exported around US$1 billion in IT services and business process- generated by approximately 290,000 skilled professionals.
Companies today spend 60-80 percent of their indirect e-procurement dollars on services (i.e.--travel, marketing, payroll) and have no efficient means of tracking and managing these costs.
The experiment was conducted within a tree-planting firm and provides daily observations on individual worker productivity under piece rates and fixed wage. Unrestricted statistical methods estimate the productivity gain to be 20%.
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Cebu: (6332) 410.7415

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