#Contracting companies face a different challenge than other sectors: long projects, multiple progress bills, subcontractors, and continuous changes in quantities and costs... and most general #ERP systems do not handle this complexity.
Hassaab is designed to cover the entire contracting cycle:
🏗 #Project_Management and #Contracts:
Create multiple-stage projects and link them to basic contracts and appendices (Variation Orders)
Track the progress of each project against the approved schedule and budget
Manage multi-site projects under a single entity or multiple entities (Multi-tenant)
📐 Progress Bills and Quantity Management:
Issue periodic progress bills linked to actual completion percentages
Bill of Quantities (BOQ) directly linkable to progress bills and invoices
Track the difference between contracted quantities and actual executed quantities
👷 Subcontractors and Suppliers:
Manage subcontractor contracts and their payments linked to completion
Track advance payments and their automatic deduction from progress bills
Manage performance bonds and retentions for each subcontractor
💰 Actual Cost and Profitability per Project:
Compare estimated cost with actual cost (materials + labor + equipment + subcontractors) in real-time
Alerts when actual cost exceeds the approved budget for any item
Profitability reports for each project individually, not just at the company level
📦 Materials and Equipment:
Track material consumption per site/project individually
Schedule equipment usage and allocate it among concurrent projects
Link purchase orders to the specific project for accurate cost loading
🧾 Accounting and Tax Compliance:
Project Costing reflected immediately in financial statements
E-invoicing fully compliant with ZATCA (Phase Two)
VAT reports ready for submission for each project or at the company level
📊 Monitoring and Management Reports:
Dashboards showing the status of all ongoing projects simultaneously
Projected cash flow reports based on the schedule of progress bills and payments
🌐 Designed for Your Market:
Bilingual interface (Arabic/English)
Support for multiple branches and establishments
Secure cloud hosting with international standards
Hassaab does not give you an accounting system with a projects screen... rather, an #Integrated_Contracting_System, that understands the language of progress bills, retentions, and subcontractors.
Request a free demo today : hassaab.com👉