Real-Time Project Accounting: Protect and Accelerate Profitability
Control Your Project Budget From the Beginning
Track budget burn rate and corresponding earned value for projects at every milestone. Take corrective action once you detect any significant variance. Involve project sponsor and client business manager if there are any early signs of budget overrun. Seek approval for the revised budget.
Continuously Improve Billable Resource Utilization
Get foresight into overall resource utilization. Move resources from non-profitable work to billable projects. Sell consultant time aggressively and bring forward future projects if you have excess capacity. Build an on-demand contingent workforce for a temporary shortage.
Achieve Real-Time Visibility into Project Financials
Use dashboards and reports to get real-time insight into financials (revenue, billings, and backlog) at an individual project level. Compare forecast vs. actual data on consultant’s billable hours and take necessary action for variance.
Forecast and Protect Margins for Every Project
Forecast with real-time data and keep a close watch on cost, revenue, and margin for each project. Accordingly, adjust resource band-mix without compromising the quality and minimize non-billable activities.
Integrate Seamlessly with Financial Accounting Systems
Give accountants easy access to the financial systems they are familiar with. Import and export financial data seamlessly from the existing applications. Streamline other project accounting activities using the Open API interface. Eliminate double-entry and human error while exchanging data.
Start your 60-day free customized trial today
See how intuitive and effective our resource management solution is by booking a free, custom-configured trial.