Procim Reconciliation

Real time project information for insights to help increase profit margins

Procim manage projects and provides the ability to increase profit margins through improved and up-to-the-second project information.

Reconcile budgets as you go

Review actual costs against budget

Reconcile projects at a detailed level once completed

Automate the process of raising a final Project Change Notice

Continuous reconciliation

Procim provides an in-built reconciliation process giving project owners the ability to reconcile as projects progress through their life cycle.

Informed decision-making

Procim helps ensure that informed decisions are made regarding under or over spending, and makes it easy to decide if, and on what basis, costs should be absorbed or passed onto the clients. The original agreed costs, subsequent approved additions and actual costs are all viewed side by side.

Procim includes a comprehensive suite of reports to assist with the reconciliation process including:

revenue vs cost report
detailed project reconciliation report
cost analysis
billing and cost details
time analysis reports

Pass on additional costs when appropriate

In addition, an automated process can be adopted as part of the final reconciliation to update estimate at completion costs based on actuals. It is then easy to establish which costs should be absorbed or passed on to the client with an appropriate markup within a final project change notice (PCN) or as a revised client estimate that incorporates all change (orders) notices raised.

Case Study

Helping you be awesome

A platform to manage and respond to all conversations with leads and users while driving progress and growth in your organisation.

“Investing in Procim has been a prudent business decision; we are already beginning to see a return on investment after the first six months.”

Jeremy Read, Commercial Project Manager @ Brandfuel.

“Procim is an extremely user-friendly tool, suitable not only for properly managing all the logistic and financial aspects in the Event business field, but even for TV/Cinema Production companies or any other related business. Everything can be customized in coherence with the specific needs of the company, and the support coming from Procim is always efficient and on time. You never feel alone when you face something that requires consultation. I strongly recommend it.”

Alexander Astore, Cost Controller @ Filmmaster

“I’ve been using Procim at two agencies in the ‘States since 2010. In both cases, this software has drastically changed the project management and business administration efficiency. Procim provides information that previously wasn’t tracked accurately or available in one place with such formidable reporting capability. In the latter case, our managing partner identified Procim as the reason we were able to manage our growth effectively and sell the business several years ahead of the proposed schedule. I would highly recommend Procim to anyone in the live event, video or marketing business: it will get your agency organized and help you grow!”

Marc Buchan, Director of Production, @ INVNT

“Procim is an excellent scalable project management tool that integrates multicurrency costing and reporting with accurate profit forecasting."

Azim Sunderji, Director of Finance @ Jack Morton