Project Accounting

Automate billing and invoicing through a flexible billing-rules engine that supports services contracts, ensuring accurate invoices are generated and reducing days sales outstanding.
Separate revenue recognition from project billing to comply with services-based performance obligations.
Easily create, manage, and edit project budgets at both portfolio and task levels.
Real-time monitoring and reporting of project accounts, including profitability metrics, budget vs actuals, through user-friendly graphs and reports.
Seamless drilling down from summary to detailed insights to maintain project progress.
Effortlessly obtain up-to-date project financials and performance reports.
Streamline and automate invoicing processes for improved cash flow.
Automate complex revenue calculations and allocations, supporting various revenue scenarios on a project-by-project basis.
Enhance efficiency by utilizing integrated, standardized, and customizable business rules, templates, and processes to streamline operations and eliminate manual processes.

Invoicing Engine

Nirmalya Enterprise Platform Suite's advanced invoicing engine stands out in its ability to centralize, manage, and automate billing processes with a level of sophistication that caters to various invoice types, from simple service invoices to intricate recurring, time-and-materials, and fixed-fee projects. The platform offers a comprehensive solution by allowing tailored approvals based on specific customers or projects through its end-to-end invoicing engine. This enables users to have real-time visibility into outstanding balances, providing a quick and efficient overview of financial matters. By implementing standardized business rules, the system ensures seamless approvals and enhances financial compliance, making it a reliable choice for organizations seeking to scale their billing operations effectively and efficiently.

Process different types of invoices, such as service invoices, recurring invoices, time-and-materials invoices, and fixed-fee projects.
Customize approval workflows for specific customers or projects using our comprehensive invoicing system.
Instantly access real-time information on outstanding balances to easily monitor financial status.

Revenue Recognition

Streamline your revenue management process with Nirmalya Enterprise Platform Suite's Revenue Recognition tool. This tool automates revenue scheduling, allocation, and reporting to help you stay compliant with industry standards. Create specific recognition rules for each product or service and link them to individual line items in customer contracts. Simplify revenue recognition complexities with user-friendly and efficient software that allows you to recognize revenue according to your unique schedule and guidelines. Choose from multiple revenue rules like labor, fixed, percent complete, and other charge-based rules to take control of your revenue recognition process.

Enhance team efficiency by automating recurring revenue management, ensuring accurate revenue handling and compliance with current recognition standards.
Streamline revenue recognition with automated processes for immediate financial reporting, enabling seamless compliance regardless of contract complexity.
Improve revenue distribution efficiency to minimize audit delays, reduce additional costs, and facilitate a smoother auditing process.

Job Costing Allocations

Nirmalya Enterprise Platform Suite’s robust job costing tool stands out in streamlining project finances with precision and efficiency. By effortlessly identifying, grouping, and attributing purchase orders to project expenses, it allows for a meticulous allocation of both direct and indirect costs against project budgets. This strategic tool further enhances accuracy by specifically assigning project-associated costs to the respective clients, ensuring unparalleled project financial insights. With a focus on granular cost allocation on a per-project basis, users can easily track billable and no billable costs linked to each endeavour, empowering them to budget effectively and make informed decisions.

Enhance project financial management by accurately categorizing purchase orders and assigning them to project expenses.
Facilitate precise allocation of both direct and indirect costs to project budgets, ensuring project-related expenses are properly attributed to clients.
Empower users to effectively manage budgets and make informed decisions by tracking billable and non-billable costs associated with each project.

Forecast Tracking

Nirmalya Enterprise Platform Suite's budget and forecast tool is a crucial asset for organizations striving for better financial insights and predictability. By utilizing this tool, businesses can accurately forecast charges related to upcoming activities and assess the overall profitability of their projects. Detailed revenue tracking and comprehensive summary reports empower decision-makers with the necessary information to make informed choices. Real-time monitoring capabilities allow for a proactive approach by tracking project performance and its impact on the organization. With the ability to effortlessly view project profitability metrics and compare budgets against actuals, businesses can ensure their projects remain aligned with their financial goals and objectives.

Offer detailed revenue tracking and comprehensive summary reports for decision-makers to access essential information.
Utilize real-time monitoring features to take a proactive approach towards viewing project profitability metrics and comparing budgets with actuals.
Maintain alignment of projects with financial goals and objectives to assist in accurately forecasting charges for future activities.

Dashboards and Reporting

Nirmalya Enterprise Platform Suite's dashboard and analytics suite are highly configurable, allowing all stakeholders immediate access to critical information in real-time. This robust system enables users to efficiently track billing and revenue summaries, presenting insightful graphs and reports that offer in-depth project-level data. With a keen focus on profitability metrics, revenue logs, as well as detailed comparisons between project budgets and actuals, this user-friendly platform empowers professionals to make informed decisions swiftly and effectively.

Enable teams to stay informed, make rapid decisions, and easily adapt to changing market dynamics.
Identify data trends, patterns, and anomalies by employing visual elements such as charts and graphs.
Dive deeper into specific data points, compare different datasets, and gain invaluable insights with just a few clicks.

Our implementation strategy is designed to ensure that your business operations undergo a swift and seamless transformation, resulting in faster time to value. Our experienced consultants utilize a structured approach that combines extensive industry knowledge with the latest implementation techniques. This enables you to expedite the deployment of our powerful solution and experience a rapid return on investment.

Through our streamlined process, you can optimize productivity and streamline business processes with minimal disruption. We have consolidated the expertise gained from global deployments into a set of leading practices, providing a clear path to success and delivering rapid business value.

With Nirmalya, you can confidently expect to go live within a predictable timeframe through smart, stepped implementations.

Nirmalya offers its services to companies of all sizes, including startups, fast-growing businesses, medium-sized enterprises, large corporations, and non-profit organizations. We assist these companies in streamlining their operational capabilities without the need for significant capital and operational expenditures. By eliminating the burden of maintaining an Enterprise Resource Planning system, which typically involves investments in manpower, hardware, and software, we help companies focus on their core activities.

Our collaboration with companies involves an initial setup fee for implementation, followed by an annual license fee based on the modules chosen by the customer for implementation. As businesses expand, customers have the flexibility to incorporate new modules as needed.