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Manage the full project financial lifecycle in one place
Running a project-based business means dealing with complex financials at every stage. From initial budgets and resource allocation to billing, revenue recognition, and project profitability analysis, you need a solution that connects it all.
Unit4 ERP brings finance, HR, procurement, and project delivery together, so your teams spend less time chasing data and more time delivering for clients.
Watch our explainer video to see how it works in practice.
Key capabilities
- Track costs, revenue, and margins at every stage of the project lifecycle.
- Use historical project KPIs to set realistic budgets for new engagements.
- Break down customer contracts into manageable workloads and set milestones in one place.
- Create flexible project structures to support multiple project types across legal entities.
- Visualize project performance with real-time dashboards and reports.
- Save time and reduce inefficiencies with project management software that supports complex international or multiclient projects that span legal entities.
- Use tailored and automated workflows built for highly complex project environments.
- Discover clear visibility on costs and resources and increased billing accuracy.
- Automatically generate invoice proposals based on customer contracts, ready for project managers to review or approve.
- Process timesheets, expenses, milestones, and fixed fees without manual effort.
- Support flexible pricing models, approval workflows, and electronic invoicing with project billing software built into your ERP.
- Speed up revenue recognition by letting project managers mark projects as recognizable.
- Deliver better audit trails than spreadsheet-based approaches, with built-in support for evolving regulations.
- Monitor profitability at the project, program, and portfolio level in real time.
- Identify underperforming projects early and take corrective action before margins erode.
- Compare estimated vs. actual costs to sharpen future pricing and scoping.
- Gain clear visibility into resource costs, margins, and revenue across your organization.
- Plan costs and resources with accuracy throughout the full project lifecycle.
- Adapt forecasts using historical data combined with real-time project performance.
- Simulate scenarios to prepare for changing project conditions or client demands.
- Give every team member easy timesheet and expense entry across devices for precise billing.
- Accommodate different working patterns, hours, and costing models with flexible configuration.
- Automate timesheet authorization, expense approval, and receipt scanning to keep projects moving.
Why choose an ERP for project-based business?
Standalone project tools create silos. When your project data lives separately from finance, HR, and procurement, you lose visibility and waste time reconciling numbers. Unit4 ERP connects project management with your core business systems, giving you:
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Faster revenue recognition through integrated billing and accounting workflows.
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Better resource planning with HCM data that shows skills, availability, and capacity.
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Tighter cost control through integrated procurement and expense management.
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Clear visibility across a full program of projects in a single view.
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CRM and project planning connected out of the box, with the flexibility to add external PSA tools.
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Global project support for complex international or multi-entity engagements with tailored, automated workflows.
Optimize resource allocation for better results
Connect the right people with the right projects, faster. With integrated skills data and people planning, your projects stay on track and aligned with business goals.
Trusted by service-oriented organizations worldwide
We have the flexibility to track project financial performance in terms of impact and outcomes as well as down to the output level. Unit4 has been transformational.
Rainelda Ampil
ERP Team Lead, Global Green Growth Institute
Frequently asked questions
What is project accounting software?
Project accounting software helps organizations track the financial performance of individual projects. It covers budgeting, cost tracking, billing, revenue recognition, and profitability analysis, giving finance teams and project managers a clear view of how each engagement contributes to the bottom line.
How does project billing software work within an ERP?
Within an ERP like Unit4, project billing software automatically generates invoices based on contract terms, logged time, expenses, and milestones. This removes manual data entry and connects billing directly to your general ledger for accurate, up-to-date financial records.
What is project profitability analysis?
Project profitability analysis compares the revenue earned on a project against all associated costs, including labor, expenses, and overheads. It helps you identify which projects, clients, or service lines deliver the best margins so you can make smarter decisions about where to focus resources.
Why do project-based businesses need a specialized ERP?
Generic ERP systems often lack the depth needed for complex project financials. An ERP built for project-based businesses, like Unit4, offers native support for multi-entity projects, flexible billing models, revenue recognition, and resource planning, all connected in a single system.
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