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.
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.
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.