WIP Financial Management
Work In Progress (WIP) Financial Mgt. is the real-time finance connectivity to your WIP workflows in demand chain, project portfolio, production and supply chain. WIP Financial Mgt. can provide you the incremental view on work progress, resource consumption, time & cost consumption and revenue earning at any given time. Without this complete and just-in-time information, it would be hard for you to determine estimation-to complete with your newly devised methods even if you have above-average experience in the field. Many projects go wrong over and over again because they are vague in their status quo. In other words, WIP Financial Mgt. is the key in decision support -- no good information, no good decisions.