CMiC Financial Controls has all the tools required for good construction financial management. CMiC Financial Controls allows users to access current and past customer and vendor transactions, giving users a clearer picture of the financial health of the project and your organization.
CMiC Financial Controls provides automatic inter-company balancing with automatic predefined transactions for recurring complex journal entries. Access a full audit trail on each transaction, and provide financial statements in multiple formats. Track invoices, access online historical financial information, allocate revenue accounts across companies, provide vendor support by company and integrate with any billing system.
Create flexible and easy-to-understand reports to meet every project stakeholder requirement, manage all fixed assets, minimize the cost of managing receivables and manage payable activities internationally using multi-currency processing with automatic foreign exchange loss/adjustments.
CMiC Financial Controls allows you to improve cash flow, optimize credit risk and improve customer service.