IT/Service

An ERP system best suited for service industries

Plaza-i is an ERP system that integrates all the way through to accounting data and serves also as an ideal sales/cost management package equipped with the following standard features for service industries.

Split Billing and Advance Billing

Per sales order, you can conduct split, advance, and later billing as many times as you wish. You can also create an invoice by combining invoice data from multiple sales orders for the same Bill-To.

Record Sales Divided into Appropriate Months, Separately from Billing

In the service industry, regardless of whether it is by completion or percentage-of-completion, a sale needs to be divided and recognized into appropriate months according to the progress of service provision. Plaza-i can divide and recognize sales in the periods of your choice.

Billing for Advance Payments, Billing for Variable and Fixed Expenses combined, and Advance Receipt Management

You can create an invoice for an advance payment or even by combining billable purchased items and other each-time billing data. At the time of a sale being recognized, if the system finds an advance received has been recorded, it can automatically be reversed.

Continuing Contract Management for Services and Provision of Information

Continuing Contract Management for Services and Provision of Information

Continuing contracts such as long-term service and information provision contracts are one of the main revenue sources for businesses in service industries to help them maintain stable operations. Plaza-i lets you register such continuing contracts as Service Contracts based on which invoices can automatically be created annually, monthly, quarterly, etc., and sales can be recognized with one click. You can also register the revision of contract price in advance or retroactively, which prevents billing omissions.

Profitability Management by Project

The idea of a project is essential to enable cost management in the service industry. Plaza-i can calculate profitability for each project at any time. When work hours are important, you can also register daily work reports and time reports. In addition, you can enter expense reports, manage payments to outsourced service providers by project, and register working budgets, realizing effective profit and loss management for service industries.

Ideal for Overseas Project Management (Supporting Foreign Currencies)

Since Plaza-i supports foreign currency transactions not only in the project management module but also in the receivable, payable, and accounting modules, you will find it very useful especially when you handle overseas projects.

Illustration of split billing and advance billing