If your business needs to upgrade its project management systems, Sage 200 Job Costing/Sicon Projects could be the ideal tool. Designed to make managing, controlling and reporting projects more simple, it has a wide range of applications, particularly in the manufacturing and construction industries.
In this article, we look at what Sage 200 Job Costing is, its features and benefits, and whether it is the right software for your company.
What is Sage 200?
Sage 200 is a business management, accountancy and finance software that allows businesses to manage every step of their processes, from viewing stock levels to costing projects to purchase order processing.
It’s called Sage 200 because the software is designed for small to medium-sized companies that have up to 200 employees. It has a number of features which have been developed to help businesses run efficiently and smoothly. There are two versions, Sage 200 Standard and Sage 200 Professional and there are several modules which can be added to Sage 200 Professional to increase performance, like Sage 200 Job Costing from Sicon Projects.
To learn more about the differences between the versions of Sage 200, you can read our article Sage 200 – Standard vs Professional Compared.
What is Sage 200 Job Costing?
Sage 200 Job Costing is a module for Sage 200 Professional that allows users to control projects accurately, and analyse profitability against costs for numerous projects or contracts. It is fully integrated into the Sage 200 software and has a number of features to help project managers oversee their operations and the real-time cost and profitability of different projects.
What is Sicon Projects?
Sicon Projects is now the official Job Costing offering for businesses who want project management capabilities in Sage 200. Sicon has been creating third-party modules for Sage for many years, and now their Projects module is sold by Sage to countless businesses.
Sicon has a strong reputation for highly functional business software, and uses its experience across many business sectors to develop a range of products addressing various business requirements, including document scanning, archiving, web-based requisition, and timesheets and expenses.
Key Features of Sicon Projects Sage 200 Job Costing Software
Sicon Projects has a number of useful features to help businesses oversee and manage the costs of projects, including:
Complex Project Management Tools
There are a number of features designed to allow complex projects to be reported on and overseen. Managers can link complex job structures with work orders and it also allows you to link stock to jobs via Stock Control. The software also features detailed job profitability reporting and labour can be recorded directly into Projects.
Work In Progress Management (WIP)
Sicon’s manufacturing tools can lead to more detailed and accurate reporting, highlighting any issues and linking them with Works Order Processing. There are also custom job management tabs and fields users can edit as well as detailed WIP reports.
Job Project Management Screen
One of the most useful features is the job enquiry and management screen, which provides a straightforward view of what current jobs are in progress as well as all costs and revenues in one place. It allows users to manage a variety of projects in real-time and add relevant information and updates.
A Fully Integrated Solution
Sicon Job Costing fully integrates with a number of other Sage 200 modules including Sales Order Processing (SOP), Purchase Order Processing (POP), Stock, Time Recording, Purchase Ledger and Works Order Processing (WOP).
The software has also been designed to be as easy to use as possible, so you don’t need to have an IT background to utilise these tools. You can even set up jobs with just one click, making the recording process far simpler than ever before.
The Benefits of Sicon Projects
Sicon developed its Sage 200 Job Costing software to allow business owners and project managers to oversee their current projects and what costs are associated with them. The software has a number of features which are designed to increase efficiency and streamline the project costing process.
It can be used in a number of applications and you can flexibly manage jobs by customising the software to meet your exact requirements. It’s also fully integrated with Sage 200 so purchase invoices can be linked to multiple jobs.
Projects can also be used to analyse revenues to date and see how accurate budget forecasts are to improve future project cost estimates. You can use Sicon Projects to process and track payments and compare actual costs vs budgeted costs.
Industries that can benefit from Sicon Projects
There are a number of industries that can benefit from Sicon Projects, especially in the manufacturing, software development, contract management and construction sectors. It’s ideal for companies who need to track the profits of specific jobs, contracts or projects which makes it perfect for construction companies with multiple clients and ongoing contracts.
Sicon Projects is also great for clients with complex jobs that contain many different stages as it can be used to track various manufacturing processes and how they impact profitability. It can also be an incredibly useful tool for bespoke manufacturers who need to track the individual materials, labour costs and profitability of each project.
Sicon Projects has a number of benefits for business owners, project managers and operations managers. The software can improve the profitability of your business through more detailed project reporting and accurate costing.
This real-time and historical data can then allow you to better allocate resources and find opportunities to make savings or address any issues. If your business is using Sage 200 and you need a more comprehensive job costing tool, Sicon Projects has a number of benefits which could streamline and improve operations.
If you’re interested in understanding how Sage 200 can benefit for your business and facilitate growth and would like to speak with one of our Sage 200 experts, you can request a free call back here.