Pegasus CIS

Pegasus Construction Industry Solutions (CIS) is a portfolio of software solutions specifically designed for the construction and allied industries. This solution will make your company tax compliant as well as bringing superior efficiencies to your contract management.

CIS is a contract costing solution which manages everything from costing and timesheets through to payment applications, VAT invoicing and cash receipt matching. This solution is fully integrated to the Sales, Purchase and Nominal Ledgers, Cashbook and Payroll, conforming to the requirements and regulations of HMRC's Construction Industry Scheme, which came into force in April 2007.

Pegasus CIS recognises the complex business requirements of the construction sector, offering an unparalleled level of management control over contracts and subcontractors. It integrates with Opera II, Sage 50 and Sage 200.

Controlling your Contracts and Costs
It has been estimated that the average construction project suffers 150% cost overruns and completes more than 175% late*. Investing in the right software could help transform this into a more profitable proposition where projects are delivered on time and within budget. Pegasus CIS provides an unparalleled level of management control over your contracts and subcontractors.

Simplify Administration and Improve the Cost Controls on Contracts
Controlling the costs of a project can be a daunting task for many companies in the construction industry. Not only do businesses need to track the costs of purchases, there may be sub-contractors who need to be paid under HMRC's Construction Industry Scheme regulations, as well as raising and chasing the Payment Applications to clients. Has a Payment Application been Certified? How much is the Main Contractor Discount? When is the Retention due for payment? How much profit did you make on that job? These are the typical questions asked, but quickly getting the answers can be the problem when running a construction project.

Improve Cash Flow
Effective cash management is key to making a profit in a contracting environment. This solution has been specifically designed to give instant access to up-to-date information that allows you to manage your contracts. Knowing what is owed and when it is due and who needs to be paid and when, are critical issues. Pegasus CIS addresses these and many others as part of its effective management of your contracts.

Pegasus CIS provides sophisticated and flexible analysis and financial reporting with integrated Contract Sales and Subcontractor Ledgers as well as a Purchase Order Processing. It contains Nominal Ledger integration alongside Stock Control and Contract Purchasing integration. As well as intergrating with Opera II, Sage 50 and Sage 200, Pegasus CIS integrates with the intuitive, award-winning Pegasus XRL, the Pegasus eXcel Reporting Layer, that allows Microsoft Excel access to live data at the click of a mouse, so you don't have to copy and paste, re-key or work out formulas.

Once armed with your business aims and budget allowances we will recommend the solution options most suitable for you. If you would like further information on CIS, please download the PDFs or view the demo from the More Information box on the left, or contact us.