Contracts for Sage 200

Sicon Contracts is aimed at businesses who need to manage repeat billing in a centralised solution, enabling users to control periodic invoicing and the reconciliation of deferred income and cost postings.

This module offers a solution to the problem of contract management and measurement of profitability per month or for the life of a contract. Users are provided with a simple view of any contract showing all costs and revenues, making this an appealing solution for a broad range of clients.

Quick and simple set-up of contracts and the optional integration with Sicon Projects (available to purchase separately) provides an easy way to report and interrogate overall profitability of contracts.

This Contract Management & Billing system runs as an additional module for Sage 200 so it has no additional system requirements.

Sicon Contracts can be purchased as a stand-alone addition to Sage 200 or alternatively, functionality can be extended by integrating this with other Sicon modules; available at an additional cost.

Key Features

Fully Integrated with Sage 200 | Sicon Contracts is written within the Sage 200 development environment using the Sage business objects and utilising the latest Microsoft technologies for user interface.

Easy to use | Users have the choice of creating contracts directly within the module or by creating a Sales Orders with contract details included. By using the latter option, the system will automatically create a new pending contract when the Sales Order is saved.

Rich Functionality | Invoicing periods can be set to any divisible duration of the contract (monthly, quarterly, annually), whilst managing renewal reminders and invoice processing of recurring contracts.

Key Benefits

  • Record and report on information against each contract based on your business needs, such as contract type, start date, renewal date, billing information and payment type.
  • Setup renewal pricing and changes ahead of the renewal process to allow printing of the reminders with new details.
  • Contract reconciliation enquiry provides analysis of deferred income and cost postings by customer and contract item.
  • Process contract amendments to generate invoices or credits to adjust the contracts mid term.
  • Manage the costs and automated periodic billing associated with any type of contract or optionally with a job or project.
  • Reports are designed in the Sage report designer and are all amendable.
  • Seamlessly works alongside other Sicon additions; examples include Sicon Projects for analysing the profitability of the contract and Sicon Service for serviceable items under a contract.
  • Corrections to contract postings can be made via an adjustments function.
  • Purchase invoices can be linked to split across multiple contracts and cost headings.
  • Stock issues and returns can be made to contracts and cost headings.

Sicon Modules that Integrate with Sicon Contracts

  • Audit Log | Track the creation and amendment of contract details – for a full list of audited fields… HUG link
  • Cash Flow | Provides visibility for projected contract forecast revenue.
  • Documents | Provides a Documents button to allow the ability to hold Contract related documentation at Contract level.
    • Document Distribution | Allows you to produce tailored Renewal Notices using Document Distribution functionality.
  • CRM | Contracts are visible in an additional tab within Sicon CRM if you are using CRM functionality within Sage at Company Record level.
  • Fixed Assets | Fixed Assets can be associated to a Contract Line as an equipment item.
  • Projects | Links a Contract Line or Lines to a Project so you can see a single holistic view of Contract Revenue.
    • Labour Recording | Labour time carried out on contracts can be recorded and calculated in profitability.
    • Work In Progress (WIP) Management & Contract Profitability | Provides a detailed WIP listing and summary total for each contract.  Detailed WIP & profitability reports are provided with the product.
    • Analysing the profitability of the contract.
  • Service | Provides functionlity to allow customer assets to be linked to a contract to control what level of cover is included; it is possible to have multiple assets linked to a single contract line.
    • When combined with the Sicon Service module, your customer assets can be linked to a contract to control what level of cover is included.
    • Possible to have multiple assets linked to a single contract line.
    • Provides visibility to show which of your customers assets are currently covered by a contract.

Find out more….

To find out more about Sicon Contracts, please contact your Sage Business Partner or contact Sicon direct on 01284 722850.

Contact Us