ANTERRA AUTOMATED WIP SOLUTION

Bridge the Gap Between Ops + Finance

Enter Contract Adjustments

Forecast ‘Cost at Complete’ Adjustments

WIP Percentage Complete Calculator

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True State of Work In Progress

Anterra’s WIP Management and WIP Reporting solution empowers construction firms with a robust platform to enhance revenue recognition accuracy.

Forecast Accurately

Analyze your Project Managers’ forecasts to ensure accuracy with your percentage of completion.

Auto-Reverse Entries

Adjust the WIP Mgt Grid to ensure financial statements reflect actual work-in-progress.

EOM Process Improvements

Streamline month-end reporting and processes with customizable features

Bridge Finance + Operations

Ensure that Finance and Ops collaborate closely to conduct the most precise analysis of Work in Progress (WIP).

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WIP Management Overview

Watch this video to explore how Anterra simplifies Work In Progress (WIP) reporting.

Benefits of Automating WIP Management

Integrating automated Work in Progress (WIP) management solutions offers numerous advantages for construction companies. Here’s how automating WIP management can enhance your operations:

Improved Accuracy

Automated WIP management reduces manual errors and ensures accurate revenue recognition, enhancing the reliability of financial data.

Real-Time Insights

Gain real-time visibility into project performance and financial health, enabling more informed decision-making.

Enhanced Forecasting

Leverage advanced forecasting tools to predict project outcomes accurately and manage risks effectively.

Streamlined Processes and Efficiency

Improve overall efficiency by reducing the time spent on manual data entry and report generation. Automate routine tasks such as calculating the percentage of completion and generating WIP reports, saving time and resources.

Better Compliance

Ensure compliance with industry standards and regulations by maintaining accurate and up-to-date WIP records.

Comprehensive Reporting

Access detailed reports and dashboards that provide a unified view of project progress and financial status. By automating WIP management, construction companies can enhance their project management capabilities, improve financial accuracy, and achieve greater operational efficiency.

Anterra provides systematic financial control for construction companies, reducing manual work and increasing confidence without replacing your core ERP.

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