New release of Construction software from Pegasus

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) February 10, 2012 -- Recent surveys show that an average construction project suffers from 150% cost overruns and completes more than 175% late. To create a business environment where all your projects can be delivered on time and within budget you have to invest in the right business software.

Pegasus has specifically designed business software (Pegasus CIS) for construction and allied industries that will offer complete control over all aspects of contract management, from costing and timesheets through to payment applications, VAT invoicing and cash receipt matching. This business accounting software is fully integrated to the sales, purchase and nominal ledgers, cashbook and payroll software. It also abides by all regulations set by the Inland Revenue's Construction Industry Scheme.

The construction sector has several complex business requirements and this business software can offer tremendous control over both contracts and subcontracts. This software is designed to address issues with the day-to-day running of your construction firm, simultaneously lowering operational costs, tracking jobs and assisting you to make decisions based on accurate and up to date financial information.

Features of this business accounting software:

• A full suite of management reports, giving you full control over all financial aspects of your contract, including: performance reporting and analysis, actual to budget variance reporting, aged retention, aged debt and contract revenue
• Sales invoicing
• Payment applications
• Cash receipt and retentions
• A records generator, covering costs from: labour, purchases, stock and subcontractors, as well as direct costs.
• Easy linking to Sage and Pegasus accounting and payroll systems
• Potential for high volume data entry
• Comprehensive on screen information, analysis and retrieval abilities.
• Easy-to-use worksheets
• Easily integrated with Microsoft Word and Excel.

Benefits of this business accounting software:

• Can be used by construction companies
• Full control of the contractor and subcontractor management process, while still ensuring compliance with legislation
• Increases business efficiency
• Helps you to complete all projects within the stipulated time and budget
• Increases profits through increased efficiency

For additional information about the Pegasus CIS business software contact us at Pegasus Software Ltd, Orion House, Orion Way, Kettering, Northamptonshire, NN15 6PE, UK. Ph. No.: + 44 (0)1536 495000, email ID.: customer.services@pegasus.co.uk