IFS Applications 10 | Sales Contract Management

IFS Sales Contract Management

IFS Sales Contract Management enables you to manage the lifecycle of your sales contracts from bid and tendering through completion and handover.  It also provides functionality such as payment terms, markup and retention rules, certificates, payments, contract revisions, detailed change history logging, as well as links to projects on a granular level including cost roll up from projects.  Invoices can be generated based on several flexible options including progress, quantity, sales value, cost plus and milestones. Reimbursable project invoicing is also supported. In addition, it has strong change management capabilities to manage variations to scope.