Commercial Management
Real-time reporting and ‘one version of the truth’ to make informed management decisions.
The Commercial Management module captures detailed financial information against an order, group of orders or scheme – down to individual transaction level detail.
The module handles supplier applications, certifications, and payments, as well as client applications and billing. It is linked to the compliance settings in the order management module.
F0CUS can wrap around incumbent systems and processes. This enables you to benefit from the powerful functionality of F0CUS while keeping existing data sets, flows and sources – minimising disruption, gaining stakeholder buy-in and maintaining productivity.
and payments
and payments
your costs
Variations
The Variations function allows users to keep track of any variations from the initial order value. These variations are ringfenced and can be sent for approval prior to being added to the order value. The system integrates with the Document Management platform and can require evidence to support a variation.
F0CUS keeps track of all outstanding variations allowing a definitive view of your work in progress and supplier liability.
Estimates
The Estimates functionality allows simple, accurate job quoting. Users can build an estimate of a work package prior to committing it as an order in the system.
The estimate can be built up from existing schedule of rate items and be split into sections as required. Each item can then carry additional information as per the request. An estimate can also be moved through revisions – with the final revision being committed to the order. Each revision can have documentation uploaded and the user can view previous revisions with ease.
and payments
Supplier applications and payments
With the F0CUS Capacity Management functionality you can produce, authorise and process payment applications and proposals with ease.
The module includes a detailed certification process for supplier applications for payments using the value already captured in F0CUS for the supplier. The two-stage authorisation and dynamic Delegation of Authority ensure payment proposals are fully approved prior to locking the items as Paid to the supplier.
and payments
Client application and payments
The Commercial Management module includes functionality for managing an upstream application for payment and billing process with the end client.
F0CUS has a number of configurations available for use, ranging from the client reviewing every order individually, to orders being marked as part of a monthly fee. Part invoicing is available and can be enabled by work type, allowing a wide range of options for billing.
your costs
stay in control of your costs
With F0CUS you can store value transactions against an order. Transactions can carry both upstream and downstream rates so you can work Back-to-Back. Configure rates at supplier, customer, work type and contract level.
