Costing & Billing System

 Download the brochure   

Your Challenge

Accurately tracking costing and billing activities is challenging in today's complex and fast-paced service oriented environments. Budgeting, cost adjustments and write-offs add up to these activities.

Our Solution

Equipped with the appropriate knowledge and expertise we gained from our long-time experience in the service industry, we developed a powerful costing and billing tool to deliver the necessary functionality for automated and manageable costing, billing and budgeting.

The word is for Oasys WinCost that incorporates features for automating customer relations fine-tuning by keeping track of important billing information and outstanding balances. It supports multiple companies and billing currencies.

Its wide-ranging library of accounting and reporting features facilitate client costing management giving your business the global competitive edge required in today's business world.

With Oasys WinCost the cost of billing administration will reduce dramatically, while maximising the efficiency and accuracy of your business. Implementing Oasys WinCost to your organisation, you will realise significant benefits by finally being able to track the internal costs of your services per client for more informed and timely business decisions.

Introducing Oasys WinCost to your organisation you will have gained:

• Maximized efficiency and accuracy of your financial data
• Perfect visibility to client costs (invoiced or not)
• Real-time visibility of the profitability of jobs
• Automatic preparation of invoices
• Transparent invoicing
• Effective management of non-invoiced costs (write-offs or WIP for future invoicing)
• Daily follow-up of non-processed and/or invoiced costs
• Transparent visibility of all costs, invoices, credit notes, receivables and earned fees
• Easy marker of recurring fees for quick invoicing of monthly charges.

With Oasys WinCost you can forget about the added burden of costing and billing, and time- hence cost- consuming error prone overhead administration and enjoy the benefits of an otherwise prohibitive administrative indulgence.

Features

Oasys WinCost features the following functionality::

• Multi-company operation
• Multi-currency operation
• Administration of client information
• Client Groups
• Allocation of clients to engagement partners & managers
• Allocation of services offered to clients by service partners & managers
• Maintenance of client tax related information
• Creation of invoices, credit notes, receipts and receipt cancellations
• Option for requests for invoices (RFIs)
• Budgets per client per quarter
• Reconciliation of budgets with actual fees
• Costing adjustments
• Write-offs
• Carry forward of opening balances per client
• Carry forward of work in progress per client
• Export accounting documents to your accounting software
• Keep track of audit & accounts progress
• Keep track of VAT returns
• Preparation of registrar (HE) forms
• Management reports