Transform your profitability with Pegasus CIS
Pegasus Construction Industry Solutions (CIS) delivers complete control over all aspects of contracts management, from costing and timesheets through to payment applications, VAT invoicing and cash receipt matching.
Fully integrated to the Sales, Purchase and Nominal Ledgers, Cashbook and Payroll, Pegasus CIS conforms to the requirements and regulations of HMRC’s Construction Industry Scheme.
When you consider that the average construction project suffers 150% cost overruns and completes more than 175% late, there’s clearly a great need for software that can help you to deliver projects on time and within budget – and transform your profitability.
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 3, Opera II, Sage 50 and Sage 200.
Pegasus CIS features include:
Pegasus CIS meets the regulatory compliance of HMRC's Construction Industry Scheme
Covers all the requirements of contract costing, controlling materials, purchase orders and purchase invoices
Integration with award-winning Pegasus XRL to deliver fast and accurate information and enhanced analytical power
The Management Information System (MIS) easily adapts to the analytical requirements of your business, making it easy to analyse key information
Seamless integration and data flow between Pegasus CIS and Opera 3 or Opera II, Sage 50 and sage 200 accounting systems
Nominal Ledger Integration
Integration with the accounts system to eliminate double posting of transactions so no manual posting is required
Monitoring stock levels, knowing stock location and what needs to be ordered and when are all managed within this module
Provides a powerful and controlled method of allowing stock to be requested from the site office
Pegasus Opera 3 with Construction Industry Solutions delivers for Devar Premier Flooring
Devar Premier Flooring is a company based in west central Scotland which has been providing flooring solutions to its clients in both the public and private sectors for over thirty years, since the company was founded in 1978.
In that time the business has achieved impressive growth to become one of the UK’s leading flooring contractors. Devar offers a complete flooring service, from design to installation and maintenance and attributes its continued success to a combination of expertise and investment in training and technology, as well as a strong partnership approach to working with customers.
The steady growth in the business meant an ever increasing number of transactions to manage, along with greater volumes of sales information that required processing. Devar had been users of Pegasus Opera (16), progressing to Opera II, for some time and felt that, while the system was a highly effective accounting tool, they now needed to take advantage of the latest technology offered by Windows and to enable them to manage the increasing number and complexity of projects with which they were involved. The decision to upgrade to award winning Opera 3 and Pegasus Construction Industry Solutions delivered a massive increase in value to Devar, through the integration of their Pegasus Opera 3 accounting system with the Pegasus Construction Industry Solution (CIS) enabling them to effectively manage Quotations, Contracts, Project Costs, Payments & Retentions and VAT. It also provided them with a straightforward but very powerful reporting tool using the award winning Excel reporting tool, XRL.
Brian Devine, the Finance Director at Devar, explains:
“Opera (16) had served us well, but with the continued growth and success of the business we reached the point where there was a need for increased reporting and more effective contract cost and project management.
“Opera 3 is versatile and user friendly and delivers impressive functionality, combined with flexible analysis and reporting. The upgrade from Opera (16) was seamless and there was no need for manual data conversion or extensive user training. The powerful reporting allows us to identify and monitor profitability trends as well as the day-to-day work of processing invoices, credits notes and receipts.
“The inclusion of Pegasus CIS in the upgrade gives us complete control over every aspect of contract management, from contract costing, timesheets and payment applications, through to VAT invoicing and cash receipt matching. The functionality that CIS offers ensures that we can efficiently meet our obligations in terms of monthly subcontractor returns to HMRC.
“The team at Castle understood what we were looking for and were able to add a lot of value to the implementation. The upgrade and implementation of the new system was smooth and hassle free. We now have a system that is delivering real measurable efficiencies to our business.”
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