Pegasus CIS 5
Contract Costing & Construction
Complete contracts management for the construction and contracting industry — fully integrated with Opera 3 SQL SE. Control costs, manage subcontractors and deliver projects on time and within budget.
costing
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CIS 5 helps prevent
Opera 3 SQL SE
CIS 5 Software | HMRC-Compliant Construction Accounting
Pegasus Opera 3 CIS 5 offers a fully integrated Construction Industry Scheme (CIS) solution for UK businesses operating within the construction sector. Designed to simplify CIS accounting, it automates deduction calculations, verifies subcontractors with HMRC, and generates compliant payment and deduction statements.
Seamlessly connecting with Opera 3 financials and payroll modules, it ensures complete CIS compliance, reduces manual errors, and improves operational efficiency. Whether you manage a handful or hundreds of subcontractors, Opera 3 CIS helps you stay HMRC-compliant while saving time and resources. It’s the ideal CIS software for construction companies seeking reliable, scalable, and easy-to-use financial management tools.
It’s been estimated that the average construction project suffers 150% cost overruns and completes more than 175% late.
Investing in the right software can help transform the hectic day-to-day running of a construction project into a manageable and more profitable proposition where projects are delivered on time and within budget. Pegasus CIS (Construction Industry Solutions) can help you do just that.
From sub-contractors to main contractors, budgeting and purchasing through to valuations and billing, Pegasus CIS provides an unparalleled level of control over every aspect of contract management, so that you have all the information you need to run your projects profitably.
It is a truly integrated solution where payments, receipts, retentions, cashflow and management reporting are all controlled from within Pegasus CIS, to give you a central place to manage your contracts. Ease of use coupled with some of the most powerful reporting tools available will transform the management of your contracts.
New technology, new look and feel, new functionality, a new future – Pegasus CIS 5.
Pegasus CIS 5 is a complete rewrite of the Pegasus Construction Industry Solutions product that was first released in 2005 which has over 2000 users. Rewritten using the latest technologies, Pegasus CIS 5 delivers added power, security, reliability and a host of new features and functionality.
Pegasus CIS 5 is the future.An investment in Pegasus CIS 5 will protect your business as you move into the future. The design of Pegasus CIS 5 follows Microsoft best practice for modern client server applications and the technology on which it is built means that you are investing in a solution that will continually deliver intelligent additions to its functionality.
- Contract Costing: phases, job heads, cost and revenue transactions, committed costs, actual/budget variance, CVR reporting
- Contract Purchasing: Bill of Requirements, purchase orders, Goods Received Notes, Purchase Invoice Register, committed costs
- Plant hire: internal and external plant hire, On hire/Off hire, plant returns, overdue plant, transfer plant between Jobs
- Contract Sales: valuations/measurement, payment applications and certificates, invoicing, aged debt, retention, main contractor discount, deferred VAT
- CIS Subcontractors: online verification, subcontractor orders, invoices/applications/timesheets, Reverse Charge VAT, payment certificates and statements, online CIS300 monthly return, self-billing, authenticated VAT receipts
- Labour: timesheet entry/import, posting to Payroll, on-costs from Payroll
- Stock Control: monitor stock levels and movement, allocate and issue stock to jobs
- Management reporting & Dashboards
- Document Management: documents, emails & attachments linked to all contract costing entities
- Integrated accounting: links with Pegasus Opera 3, Sage 50 and Sage 200