• Capital Projects
• Engineering Projects
• Research & Development Projects
• Revenue Generating Projects
• Marketing Projects
• Consumer Projects

PAMS is completely user-defined. Tailor the system structure to match the unique requirements of any project. Analyze projects multiple ways: by hours expended, revenues generated, multiple currencies and more. Roll up project costs and data for up-to-the minute information at any level of a project. This includes budget revisions and change orders at any summary or detail level. Current and future budgets and prior year's information is available as well.  Data integration is seamless with PAMS customization options.

PAMS is designed to easily receive information from Purchasing, Accounts Payable, Inventory, Payroll, etc. Allocation of capital expenditures to fixed assets is extremely flexible with an automatic interface to FAMS to facilitate the capitalization of financial assets as required.

PAMS Features:

PAMS is scalable - define project tracking and reporting requirements by utilizing up to 12 user-defined levels of a project posting structure.

Roll up project costs and data for up-to-the minute information at any level of a project. Includes budget revisions and change orders at any level.

Up to 999 different posting structures can be established. Some sample posting structures are:

For a Capital Project Capital Project Flow Chart

• Company
  
• Plant
  
• Project
  
• Phase
  
• Detail
  

For a Marketing Project Marketing Project Flow Chart

• Department
  
• Product Category
  
• Product Line
  
• Phase 
  
• Detail  
  
  Budget at any of the 12 user-defined levels, utilizing budget fields for both capital and expense
  
  
• Original Budget
  
• Revised Budget Amount #1 
  
• Revised Budget Amount #2 
  
• Change Orders 
• Current Year Budget
• Future Year Budget # 1
• Future Year Budget # 2
• Future Year Budget # 3
• Future Year Budget # 4

Allocate asset information any number of ways – one line item equals one asset, a group of items equals an asset, or a group of items equals a group of assets. Allocate asset cost by group at any level. Distribute common costs such as freight or capitalized interest by dollar amount, fraction, or percentage.

Threshold Warning – establish unlimited warning messages associated with critical events within the life of a project that will alert project managers or others. For example, issue a warning when spending on a project or phase of a project is 50% of budget – “ At 50% Budget – Check Percent Complete”,

Define field literals with terminology that is consistent within the corporate environment

Graphical User Interface (GUI) available  


Security-By-User Profile

• Menu /Option Security 
  
• Database Security 
  
• Group Profile Capability

• Estimated Cost to Complete  
  
• Expenditures – Capital and Expense 
  
• Capital/Expense Status 
  
• Analysis of Committed/Uncommitted Amounts 
  
• Budgeted/Actual by Month 
  
• Budget Variance 
  
• A Report Writer is available to address unique reporting needs.

PAMS Specialized Modules

Project Views
PAMS tracks all budgeted, actual and committed dollars related to capital and expense expenditures at each of 12 "project" levels. The Project View Module allows for tracking:

• Hours (regular, overtime, exempt and non-exempt)
• Foreign currency amounts
• Revenue dollars, etc.
  
  All project data is available for each view: i.e., budget hours, calculate percent of project complete based on hours and compare budgeted vs. actual hours by period.
  
  Establish multiple views of a project utilizing rates: i.e., track costs in multiple currencies by establishing a currency conversion rate between two views.
  
  Standard reports and the Report Writer may be used to report on all amounts 

Inflation Adjustment
For companies operating in areas of hyper-inflation, this module will calculate and track the impact of inflation on project expenditures.

Inflation adjustment percentages are defined by period and fiscal year for calculating the adjustment transaction to be applied to a project.

When assets are capitalized to FAMS, the inflation adjustment amount is included in the asset's cost.

Data Transfer

• User defined selection criteria - download only the data needed for reporting and analysis
• Data security features ensures that users can only download data they are authorized to access
• Intuitive windows user interface
• Download to Excel, Access, ASCII, Comma separated values, tab separated values and custom file types.