CIS Automation

Key Benefits

Budgets set at various levels across unlimited cost codes

Integrated Purchase Order Processing to report committed costs by cost code

Automatic transfer of Work In Progress

Efficient handling of CIS/RCT deductions

Calculations of tax liability and its impact on retentions

Efficient handling of CIS/RCT 4, 5 and 6 Transactions

CIS23/25 voucher production

Recording of CIS24 Voucher details

CIS/RCT reporting, inc CIS36

Uplift on Costs

Extensive reporting on any financial aspect of a project

Identify subcontractors who have not submitted their CIS24 vouchers by utilising the report writer

Match corresponding invoices/payments to CIS24 vouchers received from subcontractors