MYOB Advanced Construction Edition
The MYOB Advanced Construction Edition, as part of the MYOB Advanced cloud platform, is designed specifically for construction companies and subcontractors to effectively manage entire projects end-to-end using any device.
- Proactively identify problem areas in current jobs
- Accurately estimate future projects
- Increase collaboration across teams
- Streamline time-intensive processes to avoid delayed projects.
Upgrading to a cloud platform for construction like MYOB Advanced will set your business up for continued success. Increase collaboration, streamline operations and get the visibility you need to keep projects, budgets and timelines on track.
MYOB Advanced Construction Edition is suitable for these types of construction:
Key Benefits
Reduce product complexities
Reduce project complexities by managing customers, budgets, teams and schedules in one cohesive cloud platform.
Control costs and changes
Deliver great client experiences by being able to anticipate scope changes and the related impact to the project schedule, costs and billing.
Real-time project visibility
Access real-time information into the details of your project and job costing, making sure your projects remain on track and budget.
Forecast future jobs
Estimate and forecast upcoming projects which will help reduce costs and going over budget.
Effectively manage construction projects with complete real-time visibility
Construction Edition Includes
- Original Cost Budget vs Revised Cost Budget
- Forecast Cost to Complete
- Actuals and Commitment Tracking
- Movement Analysis
- Work breakdown structure (WBS)/ Cost Code mapping to Task and Revenue Capability
- Purchase Requisitions and Purchase Orders
- Subcontract Agreement Generation and Progress Claim
- Compliances and Certificates of Currency
- RFI’s including Design, Cost and Schedule Impact, Variations, sample submissions and more
- Drawing and Photo Logs
- DA, BA, Form 15 & Form 16, etc storage
- Daily Site Diary including Weather Reports
- Management of Project Issues and Defects
- Flexible Billing Methods
– Progress Claims: Milestone, % complete, fixed price, BOQ, Time & Material
- Pro Forma Invoicing
- Revenue Recognition as per Construction Accounting Standards
- Manage Retentions and Bank Guarantees
- Retentions from Subcontractors
- TPAR Reporting and File Generation
- Project WIP
- Bill Later and Write Offs
- Expense Claims
- Project Recharge of Personnel
- Timesheet Integration (mobile app)
- Employee Self-Service
– Leave Requests
- Manage delegation of authority:
– Project Quotes
– Purchase requests, requisitions, purchase orders
– Change requests and change orders (variations)
– Subcontracts
– Project invoicing, progress claims
– Expense claims
MYOB Advanced Construction Add-ons
There are a range of third party add-ons which integrate with the MYOB Advanced Construction Edition to further streamline and effectively manage your construction projects. Some include:
- CADTalk (Design Software)
- Soildworks (Design Software)
- Assignar (On-site Time Tracking)
- Smart Sheet (Project Planning)
- Procore (Construction Product Management)
- ProEst (Estimating)