ProgestNOW

ProgestNOW is a cloud-based ERP software solution designed to assist businesses in managing their projects, budgets, resources, and accounting processes. According to the vendor, it offers a range of features including project management, budget tracking, cost monitoring, labor reporting, and financial planning. The software is suitable for businesses of all sizes across various industries such as construction, engineering, manufacturing, professional services, retail, distribution, e-commerce, and project-based organizations.

Budget Monitoring for Projects: According to the vendor, ProgestNOW allows users to track and monitor project budgets, compare projected and actual costs and revenues, and gain real-time visibility into project financials.

Labor Reporting with Daily Timesheets: The vendor states that ProgestNOW provides a labor reporting module, enabling users to easily track employee time spent on projects using daily timesheets. This feature also includes the ability to calculate personnel costs for accurate project reporting.

Resource Management: ProgestNOW offers an intuitive interface for monitoring, planning, and optimizing resource allocation. Users can efficiently view and manage the workload of team members, ensuring balanced work assignments and optimal resource utilization.

Interventions and Task Management: Users can define and plan tasks and activities for each project, facilitating effective task management and collaboration within the team.

Financial Planning and Analysis: ProgestNOW's accounting module includes tools for financial planning, such as forecasting, balance sheet analysis, and asset management. Users can generate customizable financial reports, including balance sheets, income statements, and cash flow statements, to support advanced financial analysis.

Cash Flow Management: The vendor states that ProgestNOW's accounting module enables users to generate detailed cash flow reports, including actual and projected data. These reports can be generated from accounting entries, outstanding orders, non-accounting entries, and subscriptions, providing comprehensive cash flow visibility for effective financial management.

Analytical Accounting: ProgestNOW offers an analytical accounting feature, allowing users to record, allocate, classify, and analyze costs and revenues associated with processes or projects. The cloud-based ERP system simplifies analytical accounting management and provides customizable reports for efficiency control, cost monitoring, and margin analysis.

Budget Reclassification and Analysis: In addition to standard financial statements, ProgestNOW allows users to define custom reclassification formulas to obtain adjusted balance sheets for non-tax purposes. This feature enables users to generate financial statements tailored to specific reporting requirements.

Automatic Alert Systems: ProgestNOW includes an automatic alert system that enables users to access open items and customer/supplier statements from any device. Users can send email notifications and reminders with ease, and automate communications through the integrated alert system.

Calendar and Agenda: ProgestNOW provides a calendar and agenda feature to keep all resources aligned within the company. Users can create personalized calendars for each resource and have a comprehensive view of schedules by day, week, or month. The calendar can be shared with specific resources or teams, facilitating effective coordination and task management.