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iTWO FINANCE

THE INTEGRATED ERP SOLUTION FOR CONSTRUCTION INDUSTRY

iTWO Finance

100% Transparency, 100% Mobility, 100% Integration

With the integrated solution for technical and commercial management, the commercial executive always has a daily overview of the project and the company. This is how modern digital planning and construction finds its continuation in contemporary ERP processes for medium-sized businesses: project controlling in real time!

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As a web-based solution with central data storage, iTWO Finance is ideal for use at distributed locations. The use of state-of-the-art technologies allows you unrestricted and mobile access to your data at any time. Based on intelligent transactions and special evaluation and reporting tools, you save time in your daily tasks, monitoring company finances and controlling your processes.

Mapping commercial processes in construction operations:
Basis for successful CORPORATE DEVELOPMENT

The fields of financial accounting, cost accounting and asset accounting, together with the associated construction-specific adjustments, form the focus of finance and accounting and are the perfect complement to iTWO 5D and iTWO 4.0. iTWO Finance is based on the globally used ERP standard software Microsoft Dynamics Business Central.

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iTWO FINANCE UNDERSTANDS HOW TO THINK ON CONSTRUCTION

iTWO Finance focuses on the special features of the construction industry. Complex accounting requirements such as down payment accounting, actual taxation and construction withholding tax can be handled efficiently and securely. All commercial processes - from accruals and retention payments to apportionments - can be flexibly recorded and managed. The special regulations for property development activities are also reflected in the application.

iTWO Finance is multi-client capable and can also map cross-national company structures. Master and facility data can be managed across clients and databases. Intercompany postings are supported throughout.

The modern web client enables cross-platform system access - whether in the home office or on the road. Specially tailored role centers and customizable views provide a streamlined user interface with an eye for the essentials.

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Strategic tool for successful management

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With Business Partner Management, iTWO Finance offers the ideal basis for comprehensive quality and risk management. In combination with the information from construction operations, you receive an overview of the financial status of the projects, of expected payments as well as of service accruals, costs and revenues - always project and/or business partner related. As a central database, this knowledge is available to all specialist departments in your company - and to all specialist applications in the RIB iTWO family.

Dynamic forecasting, foresight and modeling.

5D project management allows the step from rather reactive reporting to proactive extraction of information through simulation and forecasting functions. Reactive reporting is a thing of the past; now event-driven planning and fact-based forecasting are possible - and so is making informed judgments about the financial consequences of operational and strategic decisions. The result: more powerful financial management - plus you can analyze lucrative contract opportunities in advance and uncover competitive advantages.

SEAMLESS INTEGRATION INTO 5D PROJECT Execution AND INTERFACE FUNCTIONS

5D project execution allows you to move from reactive reporting to proactive information gathering through simulation and prediction capabilities.

  • Project controlling in real-time quality 
  • Comprehensive evaluation criteria provide immediate and meaningful reporting. Business Partner Management. The new BPM is a powerful strategic tool for maintaining business relationships.
  • Thanks to mobile integration, on-demand access to project and company data - even while on the road.
  • Perfect integration with Microsoft Office 365 solutions
  • Simple interface connection to DMS and ERP solutions.
  • Multilingualism and internationalization enable cross-border project and company management. 
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The seamless integration of project and company-related processes allows logistics and value chains to always be optimized with a view to the company as a whole.

Your advantages to the point:

  • Logic ► Handle construction-specific accounting processes securely and efficiently
  • Reporting ► Create individual reports yourself with filter and drill-down functions
  • Integration ► Cross-application processes and real-time information flow
  • Technology ► iTWO Finance is based on the Dynamics 365 Business Central
  • Web client ► Location-independent Working either in the home office or on the road
  • Multi-client ► Easy creation and maintenance of multiple clients

WE LOOK FORWARD TO TALKING TO YOU

Benefit from our expertise and your digital strategy takes off!

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Always the right contact for your specialist questions about our products.

 

 

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