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ERPResearch
E2
★★ moderate

E2 Shop System Project Management

Project planning, resource allocation, time tracking, expense management, and project accounting for project-centric businesses.

E2 Shop System provides solid Project Management functionality that covers most mid-market requirements. While not a core differentiator, the module handles standard project management workflows effectively.

Key Capabilities

Project planning and Gantt charts

Work breakdown structure creation with task dependencies, critical path identification, and interactive Gantt visualisation. Enables project managers to plan timelines, identify schedule risks, and communicate plans to stakeholders.

Resource allocation and capacity planning

Skill-based resource matching, availability heatmaps, and utilisation forecasting across the project portfolio. Prevents overbooking, identifies bench capacity, and optimises billable utilisation rates.

Time and expense tracking

Web and mobile timesheet entry with project/task allocation, approval workflows, and expense receipt capture. Ensures accurate project costing and provides the data foundation for client billing.

Project budgeting and cost control

Budget creation at the project, phase, or task level with real-time spend tracking, earned value analysis, and estimate-at-completion forecasting. Alerts project managers when costs trend above approved budgets.

Project accounting and revenue recognition

WIP tracking, percentage-of-completion calculations, and ASC 606 / IFRS 15 revenue recognition across project portfolios. Integrates directly with the general ledger for accurate financial reporting by project.

Milestone billing and progress invoicing

Flexible billing configurations including time-and-materials, fixed-price milestones, percentage-complete, and cost-plus markup. Generates client invoices automatically based on project progress and contract terms.

Project portfolio management

Portfolio-level dashboards showing health, profitability, and resource utilisation across all active projects. Supports investment prioritisation, pipeline management, and strategic alignment of the project mix.

Collaboration and document management

Project-level document repositories, team discussion threads, task comments, and file sharing with version control. Keeps project communications and deliverables organised alongside financial and schedule data.

Project Management — Vendor Comparison

VendorStrengthBest ForStarting PriceTCOImplementation
SAP Business ByDesign ★★★ strongMidsize companies or subsidiaries needing cloud-first SAP$120/user/mo$100K–$400K4–8 months
Oracle ERP Cloud ★★★ strongLarge enterprises moving from on-premise Oracle to cloudCustom$400K–$3M+9–18 months
Microsoft Dynamics 365 ★★★ strongMid-to-large companies in the Microsoft ecosystem$70/user/mo$150K–$1M+6–14 months
Acumatica ★★★ strongMidsize companies wanting unlimited users and flexible cloud ERPCustom$75K–$350K4–8 months
Sage Intacct ★★★ strongService companies and nonprofits needing deep financial managementCustom$50K–$200K3–6 months
IFS Applications ★★★ strongAsset-intensive industries needing ERP, EAM, and field service in one platform$110/user/mo$200K–$1M+6–14 months
Workday ★★★ strongPeople-centric organisations needing unified HR + financeCustom$300K–$2M+6–12 months
Certinia (FinancialForce) ★★★ strongProfessional services firms already on Salesforce$100/user/mo$100K–$500K3–7 months

How to Evaluate Project Management

  1. 1Project accounting depth (WIP, revenue recognition)
  2. 2Resource planning and skill-based allocation
  3. 3Time and expense capture (mobile, web)
  4. 4Integration with financial management
  5. 5Support for your billing models (T&M, fixed price, milestone)

Pricing Impact

E2 Shop System pricing starts at $45/user/mo with a typical total cost of $10K–$60K. The project management module is rated moderatea solid capability that covers most requirements.

View full E2 Shop System pricing breakdown →

E2 Shop System — Pros & Cons

Advantages

  • +Purpose-built for job shops — estimating, quoting, scheduling
  • +Easy to learn and implement for small teams
  • +Good quality management with certificate of conformance
  • +Affordable pricing for small manufacturers

Considerations

  • -Very niche — only suited for job shops and machine shops
  • -No ecommerce, field service, or asset management
  • -BI and HR are basic
  • -Limited scalability beyond small operations

Other E2 Shop System Modules

Explore E2 Shop System by Industry & Company Size

Project Management FAQ

What is project accounting in ERP?

Project accounting tracks costs, revenues, and profitability at the project level — including labour, materials, expenses, and overheads. It supports WIP (work-in-progress) tracking, revenue recognition, and milestone billing.

Which ERP is best for professional services?

Deltek Costpoint/Vantagepoint, FinancialForce (Certinia), and Unit4 are purpose-built for project-centric services firms. NetSuite SRP and Dynamics 365 also have strong project management for services.

Can ERP replace dedicated project management tools like Monday.com?

ERP project management focuses on project financials and resource management rather than task collaboration. Many companies use both — ERP for project accounting and a collaboration tool for day-to-day task management.

How does ERP project management handle resource planning?

ERP resource planning shows team availability, skills, and utilisation rates. Managers can allocate resources to projects based on skills, availability, and cost rates — optimising billable utilisation and preventing overbooking.

What billing models does ERP project management support?

Most ERP project modules support time and materials (T&M), fixed price, milestone-based, percentage-of-completion, and cost-plus billing. Some support mixed billing models within a single project.

Related Resources

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