Production & Job Management
Streamline Financial Operations with Seamless ERP and Accounting System Integration
Dashboards – KPIs and Call to Action
- • KPIs (Key Performance Indicators): Real-time visibility into key performance metrics that are critical for business growth and success. Examples include client & project profitability, resource utilization, financial health, etc.
- • Call to Action: Prompting users to take action where necessary, such as approving documents, responding to requests or updating information.
Project and Resource Management
- • Project Workflow: A defined structure for managing tasks and progress within a project lifecycle
- • Capacity Analysis: Ensuring enough resources (staff, budget, time) are available to meet project demands
- • Staff Planning: Assigning the right team members to the right projects based on skills, availability and project needs
- • Estimating/Budgeting: Forecasting and tracking the costs and time needed for projects and tasks
- • What-If Analysis: Scenario planning, allowing decision-makers to see the impact of different variables or changes on projects
WIP (Work in Progress) and Cost
Accounting
- • Timesheets: Tracking hours worked on specific projects and tasks for accurate cost allocation
- • Rules-Based Expense Reports: Automating employee expense reporting, including integrations with corporate credit card providers (AMEX, VISA, MasterCard)
- • Unbilled/Pending Billing/Received Costs: Analysis of expenses incurred but not yet invoiced or billed to clients, ensuring accuracy
- • Purchase Order and Vendor Invoice Management: Automating purchase orders and vendor invoices through rule-based workflows
Billing
- • Billing Types: Supporting various billing structures such as retainers, pre-bills, progressive billing and ad-hoc billing
- • Media Billing: Specific to media agencies, managing programmatic billing models and handling actual delivery-based invoices
- • Prebills and Reconciliation: Handling estimated pre-bills with the ability to reconcile actual costs and deliverables
Automated Revenue Recognition
- • Rules-Based Revenue Recognition: Aligning with different methods such as straight-line, percentage complete or earned basis
- • ASC 606 Compliance: Ensuring revenue recognition processes comply with the ASC 606 accounting standard
Client and Project Profitability
- • Tracking profitability at both client and project levels by comparing revenue and costs, providing insights for better decision-making