What’s New in 4castplus

Update 2023, R1 Release |

This is the R1, 2023 Release of 4castplus

This upgrade of 4castplus contains many new features, usability updates, performance enhancements and defect fixes. Please feel free to contact your Customer Success Manager if you have any questions include core infrastructure improvements to address performance issues in certain components, usability improvements and bug fixes. There are many details that may not be included on this page, so please feel free to connect with your customer success manager to learn more.

Release Summary

Here is a summary of the upgrades, improvements and new features in R1 2023. Scroll down for further details on this and more further below.

Release Details

Performance, Usability and User Interface

Configuration

Projects

Change Management

Estimates, Budget Revisions, Forecasts & Progress Measurements

Procurement

Jobsite Timesheet

Timesheets

Approvals, Vendor Invoice Matching & Administration

Administration

Project Reporting

Custom Reports

Business Intelligence

4CP Connect

Performance, Usability and User Interface

Configuration

Projects

Change Management

Estimates, Budget Revisions, Forecasts & Progress Measurements

Procurement

Jobsite Timesheet

Timesheets

Approvals, Vendor Invoice Matching & Administration

Administration

Project Reporting

Custom Reports

Business Intelligence

4CP Connect

1.1 Performance, Usability and User Interface

a. Added refresh button to Time-Phased Report, Project Summary Report, and Revenue Summary Report

b. Updated user interface to display logged in username and environment, when user has access to multiple 4castplus accounts

c. Relabeled ‘Custom Properties’ to ‘Custom Fields’ in following features:
a. Configuration > Manage Codes & Fields
b. Projects > Project Profile
c. Projects > Change Management
d. Projects > Estimates
e. Projects > Billing AR
f. Projects > Procurement

1.2 Configuration

a. Organization

a. Company Profile > Preferences

1) Provided optional preference to allow for Vendor Payment #s to be unique

b. Company Profile > Notifications

1) Updated Purchase Orders > Scheduled Purchase Order Event > Destination Type to include ‘Labor Role’

c. Customers

1) Added fields: Created By, Created On, Edited By and Edited On

b. Manage Codes & Fields

a. Billing Codes

1) Removed ‘Checkbox’ and ‘Date’ from field formats

b. Procurement Item Custom Fields

1) NEW: Updated design to allow for selection of which Procurement features (Requisition, RFQ, Purchase Order, Expediting and Receiving) a Custom Field should be available in. Added ability for data in the Custom Field to ‘flow’ forward to the next Procurement workflow.

c. Custom Fields

1) Updated Custom Fields to include Drop Down type
• Jobsite Timesheet
• Procurement

2) Added ‘Billing Payment Events’ & ‘Billing Payment – Holdbacks’

b. Resources

a. Usability

1) Updated Duplicate behavior to leave the cursor positioned on the newly created resource

b. Labor

1) 1) Added alert when changing a Labor Type from Contractor to Hourly or Salary and transactions exist that are Marked as Contractor transaction past the effective date of the Labor Type change
2) Updated Delete control to allow deletion of Labor Resource who created a Jobsite Report in the Designer feature
3) Defect fix re: department information removed when employee made Inactive or Terminated
4) Defect fix re: Labor Import is creating new Department & Vendor
5) Defect fix when Preference = “Auto Create Expense Reimbursement Vendor when Labor Resource is created” is enabled, Importing new labor resources with no “Expense Reimbursement Vendor” will create a Blank Vendor Resource
6) Defect fix re: Vendor is not auto-created on Import, when Company Preference “Auto Create Expense Reimbursement Vendor” is enabled
7) Defect fix re: Labor Import should fail when Department does not exist
8) Defect fix re: Labor Import displays inaccurate value for Minimum # of hours
9) Defect fix re: Labor Import attempting to validate inactive/terminated employees
10) Defect fix re: Labor Import > Department column not populating as per the Labor Profile > Department

c. Equipment

1) NEW: Added ability to associate an Equipment resource to a Vendor

d. Materials

1) NEW: Added ability to associate a Materials resource to a Vendor

e. Services

1) NEW: Added ability to associate a Services resource to a Vendor

f. Permissions

1) Updated Site Supervisor permission to allow for importing of Jobsite > Receiving > Time & Materials Imports
2) Updated ‘View’ > Billable permission to include Reports > EVM > Earned Value Metrics > Revenue
3) Updated Project Manager Pro permission to include access to:

• Business Intelligence > Resource Reports > Labor Time Report
• Export Documents

4) Added ‘Purchase Order Portal’

d. Cost Rates

a. Added to Cost Rate Table

1) Labor Type and Labor Custom Properties into the Cost Rate Table
2) Union fields
3) Resource Category

e. Billing Rate Tables

a. Added ‘Resource Category levels’, ‘Cost Code’ and ‘Accounting Code’ to Import (Cost Code and Accounting Code to resolve import failure when importing Classes with same Name)

1.3 Projects

a. Profile

a. NEW: Added ‘Audit History’ tab to provide insight on project profile updates
b. Relabeled Customer Codes to Billing Codes
c. Relabeled Custom Properties to Fields
d. Removed Third Party Markup field from Cost Projects
e. Removed Customer field and Billing Codes from Overhead projects

b. WBS

a. Added Procurement to Workpackage Display View Permissions
b. Added field for Procurement Display View to WBS import
c. Added Inactivation Date and Inactivation By fields to Workpackages
d. Added WBS import options to allow import of additional data or to update specific data in the WBS
e. Removed Third Party Markup field from Cost Workpackages
f. Updated Documents feature to allow users to delete/remove documents from the Workpackage
g. Defect fix re: unable to delete empty Area and/or Phase when workpackages are moved to another Area and/or Phase

c. CBS

a. Defect fix re: Accounting Code import is failing because of duplicate control check on Workpackage Name; updated to check on duplicate WBS #

d. Billing

a. NEW: Holdback tracking and reporting
b. NEW: Payment Schedule planning and reporting
c. NEW: Invoicing Status Report
d. Updated “Invoices & Receipts” Report to include both Invoices and Receipts in same report
e. Added Delete
f. Added “EntryID” to Transaction Grid and Transactions Report
g. User interface and Usability updates:

i. Updated Invoicing Options
ii. Moved Submit to the top of the screen
iii. Added ‘sticky’ and ‘re-order’ to the transactions grid

h. Defect fix re: Resource Class Category transaction grid filter does not reflect the filter selection

1.4 Change Management

a. Added Custom Fields to Summary Grid, Excel Report and Change Management Estimate Import
b. Added Resource Category in Change Estimate > Imports
c. Updated Time-phasing behavior to clear out the time-phasing if the Budget for the workpackage has been $0.00’d
d. Enabled access to the Change Estimate > Time-Phased Report on Committed Change Orders and Budget Transfers
e. Defect fix re: Deleting Resource Estimate in Budget Transfer is not being applied
f. Defect fix re: receiving inaccurate alert when attempting to Delete Change Order that had been attached, and then removed, from a Timesheet

1.5 Estimates, Budget Revisions, Forecasts & Progress Measurements

1) Estimates

a. Added Resource Category to Resource Estimate screen
b. Added Resource Category in Estimate > Imports
c. Updated import control to prevent creation of new Resources
d. Updated ‘Cost’ project interface to remove Markup % fields
e. Performance improvement in loading the ‘Estimate Header’ data when Estimate is opened
f. Defect fix re: Quantity is displayed with a currency symbol in the Resource Report
g. Defect fix re: “Unspecified Revenue” field is displayed after Estimate and/or Baseline Revision Import
h. Defect fix re: Resource estimate Quantity is not updating when Workpackage Unit Quantity is updated, when Fixed Unit Rate When Progress Qty Changed

2) Budget Revisions

a. Updated import control to prevent creation of new Resources
b. Defect fix re: “Unspecified Revenue” field is displayed after Estimate and/or Baseline Revision Import
c. Defect fix re: permissioned Project Manager Pro cannot Undo or Delete Budget Revision

3) Forecasts & Progress Measurements

a. Updated Manpower Loading Report to reflect data per the Progress Measurement (Actuals and Forecast to Complete Hours)
b. Improved calculation base for Manpower Loading Report Hours when Time-phasing option is Weekly
c. Updated FTC – Revenue & FTC Hours to clear when percent complete = 100%
d. Added fields:

i. Baseline Hours
ii. Earned Hours

e. Added Resource Category to Resource Forecast grid
f. Relabeled ‘Current Cost’ to ‘Current Budget (Cost)
g. Relabeled ‘Current Revenue’ to ‘Current Budget (Revenue)’
h. Updated Import Sample File to display “N/A” when Progress Method is not “Direct Entry”

1.6 Procurement

a. Controls

a. Update to rounding design in all Procurement features:

– Qty = Displayed and stored as entered
– Unit Cost = Displayed and stored as entered
– Unit Revenue = Displayed and stored to the same decimal place as entered in the Unit Cost
– Total Cost, rounded to 2 decimal places
– Total Revenue, rounded to 2 decimal places
– Line item Tax Amount calculation; Round to 2 decimal places
– Total Tax amount calculation; Sum of the line item rounded Tax calculation

b. Requistions

c. RFQ

a. NEW: Updated design of RFQ > Resource selection to display Vendors providing Resource, or to display Resources provided by Vendor
b. NEW: Added an ‘Editable by Vendor’ option for Vendor Portal Procurement Item Custom Property
c. NEW: Updated RFQ Status Report re: added new fields and information to report Added ability for data in RFQ Item Custom Field to ‘flow’ forward to the next Procurement workflow
d. Added Status Filters to the RFQ main grid
e. Updated to include sticky behavior on Invoicing Section > Address Line 2 when new RFQ is created
f. Added a Preference in Company Preference to include option in RFQ > Portal feature to select Sealed or Open Bid
g. Updated RFQ Issue Date to be ‘Date Time’
h. Updated “Required at Site” field to make Non-Mandatory
i. Updated to allow for 4 decimal places to be displayed and stored in Unit Cost field
j. Updated design of Vendor Portal:

i. Multiple Vendor Contacts for the same Vendor can be included on the RFQ Invitation email
ii. All Vendor Contacts will now work within one Portal view, rather than the individual Portal view that they formerly had. All Vendor Contacts can view and work on the same RFQ. Fields have been added to the Portal to identify Vendor Contacts and who has completed work on the bid.
iii. Improve controls to ensure that Vendor Contact selected for RFQ communication has been enabled for Portal access”
iv. Added Vendor Bid Currency field in the Vendor Portal for Vendor selection of Bid Currency

k. Updated Commercial Bid Analysis Report

i. Added ‘Display on CBA?’ checkbox to RFQ Header > Custom fields

l. Added ‘Vendor Portal User?’ column to RFQ > Vendor Selection tab > Vendor Contact tab (lower grid)
m. Added ‘Estimate ID’ and ‘Tag Number’ to RFQ Vendor Bid Submission import
n. Added RFQ and RFQ Portal Procurement Item Custom Fields to RFQ > RFQ Item > Excel Report
o. Added fields to RFQ > Bid Analysis & Award:

i. Acknowledged By
ii. Will Bid Confirmed By
iii. Submitted By
iv. Declined By
v. Revenue Amount
vi. Profit

p. Added fields to Details tab and Excel Report

1. Markup?
2. Markup %
4. Unit Revenue
5. Revenue Amount
6. Profit

q. Disabled Reports > Print List
r. Defect fix re: Vendor Portal User can view an RFQ before the Issue Date

d. Purchase Orders and Subcontracts

a. NEW: Updated design to allow for selection of which Procurement features (Requisition, RFQ, Purchase Order, Expediting and Receiving) a Custom Field should be available in. Added ability for data in the Custom Field to ‘flow’ forward to the next Procurement workflow
b. NEW: Vendor Portal extended to Purchase Orders, with full notifications, tracking and reporting
c. Updated Time & Materials Subcontracts to allow for user to disable Do Not Exceed control
d. Updated to allow Edit when Purchase Order has been Rejected
e. Update to Import control to prevent import if Vendor is Inactive or not approved
f. Update to Imports re: new Vendor Portal fields
g. Updated to allow for 4 decimal places to be displayed and stored in Unit Cost field
h. Updated Whoops! error received by user when attempting to Revise a Purchase Order that has been Uncommitted by a different user
i. Updated Purchase Order Approval workflow re: Title not required when E-Signature not enabled for Purchase Order Form”
j. Defect fix re: Unit Cost, Cost Amount and Incremental Cost Amount in the Purchase Order Item Details is displaying the Project Currency and not the Purchase Order Currency
k. Defect fix re: Subcontract > Unit Price > Revision; Incremental Qty field is not available
l. Defect fix re: inaccurate alert received when import Markup % is different than Workpackage Markup%
m. Defect fix re: Purchase Order Revisions Unit Revenue and Revenue Amount fields are calculating when the Markup? is not checked
n. Defect fix re: Purchase Order Revision Total Cost is not updated, after Receipts have been deleted
o. Defect re: third party software used to provide Purchase Order Package cannot render PDFs when documents with certain file types are attached
p. Defect fix re: documents uploaded in previous revisions no longer displayed in Documents tab
q. Defect fix re: Unit Cost and Total in the Purchase Order Form no longer reflecting the PO Currency Unit Cost and Total when exchange rate on Purchase Order is updated
r. Defect fix re: Invoicing Section on Committed PO form is showing the wrong Address
s. Defect fix re: OOO Approvers available for selection

e. Expediting

f. Receiving

g. Reports

a. Summary Purchasing Report

i. Updated report to apply ‘cut-off’ to all fields
ii. Added checkboxes to allow for selection of multiple Purchase Orders in Detail Report
iii. Added fields:

– Unreceived Amount (PO CCY)
– Unreceived Amount (Base CCY)
– Total Invoice Payment (PO CCY)
– Total Invoice Payment (Base CCY

iv. Updated Detail Report and added new Transaction Summary and Transaction detail tab

1.7. Jobsite Timesheet

1. Controls and Usability

1. Update to validation control to prevent saving of quantity on Inactive workpackages
2. Added spinning icon to Receiving while waiting for receiving line items to load

2. Import

1. NEW: Update to Jobsite Import to align with Transactions Import

3. Receiving

1. Updated Time & Materials Import to remove case sensitivity in Vendor Invoice

4. Daily Log

1. Relabelled “Property” to “Field”

5. Jobsite Plus

1. Updated to allow user to see all Rate Types
2. Updated to display Custom Fields

1.8. Timesheets

1. Controls and Usability

1. Improved error message when labor type missing
2. Improved error message when invalid character is detected in Comments box
3. Defect fix re: invalid characters in External or Internal Comments causing Whoops on Save
4. Defect fix re: labor resource has sufficient Banked Time available but is receiving alert that insufficient Banked Time is available
5. Disabled ‘Weekly Summary’ at the bottom of screen

2. Import

1. Updates to the “Labor, Equipment and Material Transaction Import”:

– Update to Import Controls. Import now validates:

• Workpackages are Active
• Workpackages have ‘Weekly’ Timesheet enabled
• Workpackages have ‘Resource Type’ Tracking enabled
• Labor Resources are assigned to Workpackage
• Project Status is In Progress or In Bidding

– Import Controls updated to include Billing Rate Control for Time and Materials projects (when Billing Rate Control enabled)
– Optional ‘Bypass’ of Import Controls to allow for historical cost upload
– Removed Contractor tab
– Added Resource Category and Change Order # to all tabs
– Updated ‘Sample’ to remove the display of dummy data on two rows for each Resource Type.
– Provided an “Instructions” worksheet
– Updated alert received when Cost Code is blank

2. Updates to Third Party Expenses Import:

– Added Resource Category to all tabs
– Updated naming of tabs
– Updated alert received when Cost Code is blank
– Import Controls updated to include Billing Rate Control for Time and Materials projects (when Billing Rate Control enabled)

3. Defect fix re: importing Timekeeper entries on an Adjusted Transaction updates the original transaction as invoiceable, when only the adjustment transaction should be invoiceable

3. Unit Progress

1. Added ‘loading spinner’ to main Timesheet grid, Project & Workpackage selectors

1.9 Approvals, Vendor Invoice Matching & Administration

1. Approvals

a. Labor Timesheets:

I. Added Date Range

b. Customer Invoices

I. Updated design to display Line Items and Documents from Billing AR feature

c. Jobsite Timesheet

I. Updated alert to provide details on Jobsites that have been Unsubmitted and will not be included in Administrative Approval
II. Added Loading icon to prevent user from changing search filters while grid is in the middle of loading

d. Vendor Invoices

I. Added Update button to Waiting for My Approval, My Submissions and All Submissions
II. Added alert to inform on status of Vendor Invoice grid loading
III. Improved performance time of Vendor Invoices loading in grid

2. Vendor Invoice Matching > Invoice Tracking

a. User Interface:

I. Defect fix re: Vendor Custom Property Name should be displayed in Vendor Invoice & Direct Invoice Grids, when Custom Property is disabled and the format type is a Dropdown

b. Vendor Accruals

i. Defect fix re: Accrual value on transaction with Partial Invoice incorrect

c. Vendor Invoices:

I. Added Vendor address field at bottom of Vendor Invoice header screen [BRD]
II. Updated design to clear the Select All selection, after Vendor Invoice has been Submitted
III. Removed ‘Accrued Cost’ and ‘Accrued Revenue’ to improve performance of loading of Vendor Invoices
IV. Defect fix re: Exchange Rate is not presented as read-only when Invoice Status is no longer Open
V. Defect fix re: performing mass edit of Taxes results in user receiving refresh browser alert
VI. Defect fix re: changing Vendor Invoice Amount with no change in Exchange Rate does is preventing save of updated Vendor Invoice Amount when Partial Invoice is selected.

d. Vendor Invoice Items:

I. Defect fix re: Revenue Adjustment transaction is not being generated on timesheet transaction where Cost Rate is $0.00

e. Accrual Report & Vendor Transactions Report

I. Deprecated ‘Accruals Report (Full)’
II. Updated ‘Accruals Report’ to include Project Manager and Business Dimension

3. Vendor Invoice Matching > Direct To Invoice

a. Updated feature behavior and improved alert received when Line Item Commitment is Negative
b. Improved alert when user has not entered and saved Quantity or Amount, prior to Edit Taxes
c. Added alert re: successful import
d. Defect fox re: Overage alert received on a negative commitment when there isn’t an Overage

4. Vendor Invoice Matching > Direct Bill

a. Defect fix re: Direct Billed transactions not available for selection in Billing After Jobsite unsubmitted and then re-approved

5. Vendor Invoice Matching > Holdback Release

a. Added ‘ Select All’ checkbox to Vendor Invoice Matching > Holdback Release
b. Added ‘Attach Documents’ to Holdback Release
c. Defect fix re: Receipt Date is not same as Receiving > Receipt Date
d. Defect fix re: Receipt Date in the Holdback Release Report not the same as the Holdback Release screen
e. Defect fix re: Date Range “From” date is disappearing after creating Invoice then reappearing as “1901-Jan-01”

6. Adjustments

a. Updated to include reversal of Discount and Surcharge
b. Added ‘Documents’ upload

1.10 Administration

1) Log-in Log

a. Added ‘Log-out Time’ and ‘Logged In Duration’
b. Added Excel Report

2) Unsubmit Exports

a. Customer

i. Added filters and Update button:

– Date Range
– Customer

b. Vendor

i. Added filters and Update button:

– Date Range
– Vendor

c. NEW: Added Labor & Expense Payroll Transactions

3) Audit History

a. NEW: Audit History for Projects

1.11 Project Reporting

1. Program

• NEW: Summary by Resource Type Report

2. Project Dashboard

• Updated Dashboard Metrics > Revenue > Actual Revenue Breakdown to provide more meaningful revenue items
• Added ‘Surcharges’ & ‘Discounts’ as dashboard metrics
• Added ‘Planned Value’
• Defect fix re: Vendor Invoice Payment in the Cost > Actuals Dashboard is not including Holdback Release invoice payments

3. Project Details Report

• Update to Surcharge when Incur Option > Project Timing = Billing, then Surcharge Work Date should be equal to the Invoice Date
• Relocated Project Details Report > Update button from grid to adjacent to Date Range
• Added: Vendor Custom Fields

4. Project Summary Report

a. Added fields:

• Baseline Hours
• Earned Hours
• Planned Hours
• Approved Change Order Hours
• Approved Budget Transfer Hours
• Pending Hours
• Schedule Variance Hours
• Schedule Variance Hours %

b. Defect fix re: Purchase Order with Holdback Release not reporting Holdback Release Vendor Invoice in Confirmed Cost
c. Defect fix re: Holdback Release value incorrect when all Holdback is released
d. Defect fix re: FAC Revenue not reflecting Actuals on Fixed Price projects

5. Revenue Summary Report / Customer Cost Report

a. Updated display control to allow for access to Revenue Summary Report and Customer Cost Report for Fixed Price projects

6. Project Reports

a. Earned Value S-Curve

• Defect fix re: Forecast at Complete (FAC) value does not match the reported Progress Measurement Forecast at Complete (FAC) value

b. Manpower Loading

• Updated Manpower Loading Report to reflect data per the Progress Measurement (Actuals and Forecast to Complete Hours)
• Updated Manpower Loading Report to include Workpackage level reporting

c. Actual Costs by Resource Type

• Defect fix re: blank row displayed for Surcharges

1.12 Custom Reports

a. Dashboard > Project > Project Summary & Details

i. Relabeled ‘Detail Cost code’ and ‘Detail Customer Code’ to Cost Code and Billing Code
ii. Added fields:

1) Vendor Code
2) Vendor Custom Fields
3) Currency
4) Package #
5) Exported By

b. Dashboard > Project > All Procurement Items

i. Relabeled ‘Detail Customer Code’ to Billing Code
ii. Added: ‘Package #’
iii. Defect fix re: Markup% entered on Requisition Item not populating
iv. Defect fix re: Purchase Order with Released Holdback is not reporting Holdback Release Invoice value

c. Templated > Project > All Procurement Items

i. Relabeled ‘Detail – Customer Code’ to Billing Code
ii. Added:

1) Holdback
2) Package #

iii. Defect fix re: Markup% entered on Requisition Item not populating
iv. Defect fix re: Purchase Order with Released Holdback is not reporting Holdback Release Invoice value
v. Defect fix re: Overage, Payments, Invoice Rate and PO Close Adjustment populating with incorrect values

d. Templated > Project > Purchase Order Items

i. Relabeled ‘Detail – Customer Code’ to Billing Code
ii. Added ‘Package #’
iii. Defect fix re: Markup% entered on Requisition Item not populating
iv. Defect fix re: Purchase Order with Released Holdback is not reporting Holdback Release Invoice value
v. Design update re: all field data in report cut off per “As Of” date, not “Purchase Order Date”

e. Templated > Project > Projects > Billing Transactions

i. Relabeled ‘Detail – Customer Code’ to Billing Code

f. Templated > Project > Projects > Fixed Price Billing

i. Relabeled ‘Detail – Customer Code’ to Billing Code
ii. Defect fix re: Dropdown Property Header is not populated with Customer Invoice data selection

g. Templated > Project > Projects > Project Summary & Detail

i. Relabeled ‘Detail – Customer Code’ and ‘Detail – Cost Code’ to Billing Code and Cost Code
ii. Added:

1) Vendor Code
2) Vendor Custom Fields
3) Currency
4) Package #
5) Exported By

h. Templated > Project > WBS Cost

a. Relabeled ‘Detail – Cost Code’ to Cost Code
b. Added fields:

i. Approved Change Orders (Cost)
ii. Approved Change Orders (Revenue)
iii. Approved Change Orders (Hours)
iv. Pending Change Orders (Cost)
v. Pending Change Orders (Revenue)
vi. Pending Change Orders (Hours)
vii. Planned Percent Complete (Cost)
viii. Planned Percent Complete (Revenue)
ix. Planned Percent Complete (Hours)
x. Billing Codes

c. Defect fix re: Billing Code Sort Order from CBS is not reflected in custom report

i. Dashboard > Global > All Projects Summary

a. Relabel ‘Detail – Customer Code’ to Billing Code

j. Dashboard > Global > All Projects Details

i. Relabeled ‘Detail Cost Code’ to Cost Code
ii. Added fields:

1) Vendor Code
2) Vendor Custom Fields
3) Package #
4) Exported By

k. Templated > Global > All Projects Details

i. Added fields:

1) Vendor Code
2) Vendor Custom Fields
3) Package #
4) Exported By

l. Templated > Global > Billing Transactions

i. Relabeled ‘Detail – Customer Code’ to Billing Code

m. Templated > Global > Fixed Price

a. Defect fix re: Dropdown Property Header is not populated with Customer Invoice data selection

n. Custom Data Fields

a. Added fields:

i. Planned Hours
ii. Earned Hours

1.13 Business Intelligence

a. Project Reports

i. All Project Cost Summary

1) Updated Manpower Loading Report to reflect Hours per the last Submitted or Open Progress Measurements on Projects. Where a project has no Progress Measurements, Actuals and Current Budget Hours will be displayed per time-phasing of the Project Estimates; two report options: By Project > Resource Class & By Project > Workpackage
2) Updated design to resolve Hours difference reported between All Project Summary – Cost & All Project Summary- Billable
3) Added fields:

a. Currency

ii. All Project Billable Summary

1) NEW: Revenue Forecast Report (Time & Materials and Cost Plus project models)
2) Updated design to resolve Hours difference reported between All Project Summary – Cost & All Project Summary- Billable
3) Added fields:

a. Currency

iii. All Project Details

1) Added fields:

a. Quantity (Non Project Cost)
b. Billing Codes per Configuration > Manage Codes & Fields > Billing Codes
c. Vendor Custom Fields

b. Procurement Reports

i. RFQ Status Report

1) NEW: RFQ Status Report

ii. Summary Purchasing Report

1) Updated report to apply ‘cut-off’ to all fields
2) Added checkboxes to allow for selection of multiple Purchase Orders in Detail Report
3) Added fields:

– Unreceived Amount (PO CCY)
– Unreceived Amount (Base CCY)
– Total Invoice Payment (PO CCY)
– Total Invoice Payment (Base CCY)
– Total Incurred (Pre-Tax) (Base CCY)
– Total Invoiced (Pre-Tax) (Base CCY)

4) Relabeled field:

a. Total Paid (Base CCY) to Total Paid (Pre-Tax) (Base CCY)

5) Updated Detail Report and added new Transaction Summary and Transaction detail tab

c. Resource Reports

i. Labor Summary

1) Added tool tip to Resource Class column, when Labor Resource has transactions with multiple Resource Classes
2) Added ‘Sticky’ feature to Groupings
3) Updated Excel Report re: updated Chart and Project Geography, and formatting
4) Removed Is Contractor field
5) Relabeled the following fields:

a. Available Hours to ‘Expected Available Hours’
b. Billable Utilization to ‘Expected Revenue Utilization’
c. Resource Utilization to ‘Actual Revenue Utilization’
d. Realized Billable to ‘Invoiced Revenue %’.
e. Labor Revenue to Transaction Revenue.

6) Removed the following fields:

a. Total Revenue.
b. Expense Revenue.
c. Margin %.

7) Defect fix re: Labor Summary > Detail excluding Vendor Invoice Matching Adjustments on Contractor transactions when Vendor Invoice Matching is enabled

ii. Labor Detail Report

1) Improved loading time of Detail Report
2) Summary Area Updates:

1. Relabeled Available Hours to ‘Expected Available Hours’
2. Relabeled Billable Utilization to ‘Expected Revenue Utilization’
3. Relabeled Resource Utilization to ‘Actual Revenue Utilization’
4. Relabeled Permission Role to ‘License Profile’.
5. Repositioned chart for better visibility.
6. Removed Total Revenue.
7. Added Transaction Revenue.

Grid Updates:

1. Relabeled ‘Activity Summary by Task’ to ‘Project Transactions’
2. Relabeled Export ID to Cost Export ID.
4. Relabeled Total Non -project Revenue to Non-Project Revenue.
5. Relabeled Unit to Rate Type.
6. Relabeled Unit Rate to Cost Rate.
7. Relabeled Unit Price to Billable Rate
a. Added Program

iii. Labor Resources Time Report

1. Updated behavior re: inclusion of ‘Billable’ hours on Fixed Price projects & capture of all hours entered on Timesheets
2. Added ‘Reports To Supervisor’
3. Updated Excel Report to include Timesheet data for Labor Resources

d. Finance and HR Reports

• Added Invoicing Status Report

1.14 4CP Connect

1. Error Log

a. Enhanced Error Log to report on unresolved errors at time that Error Log is generated, in addition to all errors produced the prior day

If you want to learn more about this software upgrade – and we hope you do – please feel free to email us at info@4castplus.com.

Or, if you’ve landed on this page and you’re not already a customer, here’s where you can sign up for a free live demo of 4castplus.