Project Advance to Collection Solution

Tracks project-level advances, maps recoveries, and ensures faster collections.

Advances given to project stakeholders often lack proper tracking, causing delayed recoveries and revenue leakage.

This solution provides a project-wise advance register with approval workflows, customizable recovery schedules, and automated reconciliation.

Key features include:
- Project-wise advance register with approval workflows
- Recovery mapping to invoices or milestone completions
- Customizable recovery schedules
- Automated reconciliation and variance reporting
- Supports multi-currency and cross-entity projects

Value delivered: Faster recovery cycles, reduced write-offs, and improved project profitability.