- Full-Service Digital Marketing Agency
- Ability to easily create ad-hoc and recurring reports
- Visibility for PM, Account Director, and Senior Management
- Course Correction
- Strategic Decisions
- Easily Identify Miscoding
Project Delivery
PROJECT MANAGEMENT
CHALLENGES
- Manual Project Setup
- Siloed Tracking Systems
Overservicing/Overuns
CHALLENGES
Compliance & Controls
Delayed out of Sync Systems
CHALLENGES
Manual Billing
Rate Compliance
SOLUTIONS
Project Templates
Unified Project Delivery System
SOLUTIONS
Approval flows & Audit Logs
Unified System
SOLUTIONS
Billing Rules Engine
Revenue Modeling
TIME & EXPENSE
REPORTING
CHALLENGES
Disconnected Metrics
Manual Calculations
SOLUTIONS
Project Account Metrics
Dashboard KPI’s
Project Initiation
- Use Templates for consistency in Project activities
- Real time Project visibility
- Single system for creation of Billing base don pre-configured rules
- ROLE: Project Mananger
PROJECT DELIVERY INITIATION SCOPE CONFIRMATION
PROJECT DELIVERY RESOURCING
Resource Management
RESOURCE VISIBILITY
INFORMED STAFFING
CHALLENGES
Disparate systems
Out of date data
CHALLENGES
Resource burn out
No forecasting
CHALLENGES
Lack of tracking tools
Limited recorded data
SOLUTIONS
Single solution
Real time resourcing
SOLUTIONS
Balance demand
Resource forecasting
SOLUTIONS
Track key attributes
Single resource master
DEMAND MATCHING &
FORECASTING
PROJECT UTILIZATION
CHALLENGES
Manual Calculations
Quickly dated data
SOLUTIONS
Automatic tracking
Full built-in analysis
Resourcing
- Track Resources and Availability
- Validate Staff Budgeting
- Optimize Staff Mix balancing costs and skills
- Identify Freelancer requirements and over-runs
- ROLE: Resourcing
PROJECT DELIVERY TIME & EXPENSE
Time & Expense
VISIBILITY
INTERNATIONAL
CURRENCY
CHALLENGES
Limited visibility
Off system processing
CHALLENGES
Missing or late reports
Inefficient processes
CHALLENGES
Manual daily rates
Lack of accuracy
SOLUTIONS
One system access
Processes / reminders to assist
with flow
SOLUTIONS
Built in tracking and reminders
Consistent authorization
SOLUTIONS
Daily conversion rate import
Auto rating
ENFORCEMENT &
CONTROL
Time Tracking
- Single system for Project activities including time tracking
- Complete time history for all Projects
- Ability to track and resolve issues with real time visibility across the project team
- ROLE:
- Project Manager
- Employees
Expense Reporting
- A single system for Project activities including time tracking
- Complete-time history for all Projects
- Ability to track and resolve issues with real-time visibility across the project team
DASHBOARD, REMINDERS, KPIs & REPORTS
MANAGE TEAM TASKS, EVENTS, AND
BUSINESS HEALTH
REAL-TIME REPORTS
ANYWHERE
REPORTS
Directional Project Profitability
Project Billing Budget vs. Actual
Project Profitability by Class
Project Charges Forecast
Project Billings Report
Actual Utilization by Resource
Actual Utilization by Project
Time Entry Exceptions
Project Summary
Milestones This Month
Project Overview
Project Costs
KPI’s
Project Billing Forecast
Billable Hours
Open Projects
Total Backlog (Projects)
METRICS
Increase in Billing Forecast
Increase in Billable Hours
Increase in Open Projects
PROJECT BILLING
BUSINESS
DEVELOPMENT
ESTIMATE/ ORDER
MANAGEMENT
PURCHASING
MANAGEMENT
REPORTING
CHALLENGES
Manual Order Entry
Manual Client
Communications
SOLUTIONS
Built in Workflow
Automated Alerts
CHALLENGES
Lack of Controls
Manual Pricing
CHALLENGES
Manual Billing
AR Visibility
CHALLENGES
Purchasing Cumbersome
Limited Auditability
CHALLENGES
No Checklist Automation
Time Consuming
Reconciliation
SOLUTIONS
Approval flows &
Audit Logs
Pre-defined Rates
SOLUTIONS
Invoice Approvals
Real time Receivables
SOLUTIONS
Integrated Purchasing
Business Rules
SOLUTIONS
Profitability Tracking Job
Burn
Dashboard KPI’s
Project billing
- Single system for Project activities including automated billing
- Multiple billing methods to meet your charge needs
- Ability to combine different billing rules at the Project level
- Role: Project Manager, Consultants / Contractors and Finance
COLLECTIONS & CASH APPLICATION PROCESS
CUSTOMER PAYMENT
- Use reminders to notify users who needs to be invoiced
- Billing schedules drive which and when Customers need to be invoiced
- Have invoices automatically emailed to customers upon creation
- Use saved searches and reminders for notification of past due invoices
- Emails and responses will be linked and viewable in the Customer record
- Auto email thank you notes for
- Customer payments
Revenue Recognition
COMPLIANCE
REVENUE JOURNAL
ENTRIES
CHALLENGES
New Standards Future
Proofing
CHALLENGES
Excel Schedules Manual
Management
CHALLENGES
Manual Entry Summary
Line Detail
SOLUTIONS
Standards Compliance
Semi-Annual Upgrades
SOLUTIONS
Auto Revenue Plans Flexible
Timing
SOLUTIONS
Automatic Posting Drill
Down Visibility
FLEXIBLE SCHEDULING
Revenue recognition process
- Separate revenue recognition forecasts from actual revenue plans
- Use event triggers such as Milestones or billing to drive revenue recognition transactions
- Automate period-end revenue recognition entries in bulk
- Automatic deferred revenue reclassification for recognized revenue that is unbilled
Merging Revenue Arrangements Process
- Ability to merge arrangements to reallocate co-terminus orders
- The solution’s Advanced Revenue
- Management has productized tracking per revenue recognition standards
- Compliant with ASC 605 / 606 and IRFS 15
- Eliminate Excel calculations and manual reports
- ROLE: Advanced
PROJECT TO CASH
PROJECT
MANAGEMENT
TIME & EXPENSE
REPORTING
CHALLENGES
Manual Project Setup
Separate Tracking Systems
SOLUTIONS
Project Templates
Single visible system
CHALLENGES
Lack of Controls
Multiple Separate Systems
CHALLENGES
Manual Billing
Multiple Systems
CHALLENGES
Limited Metrics
Manual Calculation
SOLUTIONS
Approval flows & Audit Logs
Single Visible System
SOLUTIONS
Billing Rules Engine
Real time Receivables
SOLUTIONS
Project metrics
Dashboard KPI’s
Use templates for consistency in
Project activities
Complete transaction history for all
functions
Ability to track and resolve issues
with real-time visibility across the
project team
PSA High Level Process
Use default information for
consistency in Project activities
Complete transaction history for all
functions
Ability to track and resolve issues
with real time visibility across the
project team
Project Initiation Process
- Use Templates for consistency in Project activities
- Real-time Project visibility
- Single system for the creation of Billing based on pre-configured rules