Benefit from effective financial management with Coretime
Effective financial management of projects is dependent on having the data to hand which you need to act upon. Coretime is a powerful project accounting tool which allows you to view Work in Progress in an instant and control your invoicing schedule.
Within Coretime, Work in Progress can be defined as the value of work on projects which has been completed but which has not yet been billed. This definition can vary depending on whether you have clients who operate on a fixed fee or retainer basis or on a time and materials basis. Coretime is able to allocate billing determined by the way you wish to invoice your clients.
Coretime allows you to view your Work in Progress and invoiced work and easily assess the appropriate items which are completed and ready for ‘tagging’ for invoicing. It allows you to raise an invoice immediately within the system with invoice backing notes if required. I
ntegration with Sage Accounts packages ensures no duplication of effort.
Topline financial summary information automatically calculates the Percentage Complete on a project and gives you an immediate overview of Debtors. Coretime gives you all your key financial data in one system to ensure that you can keep your billing cycles as short as possible and control the debtor position on your projects.
Below are some of the features which help you control the financial aspects of your projects: