The benefits of managing projects with Coretime.
Coretime is timesheet and project management software which gives you total control of Job Costing. It helps you to stay within budget and on schedule by helping you to forecast and analyse the cost of your jobs and projects. Coretime gives you:
Tracking costs
Time and expense data can be viewed at any work breakdown level:
- Client
- Project/Job
- Phase/Stage/RIBA workstage
- Activity/Task
View Work in Progress
- View WIP as either unbilled activity or on a % complete/revenue recognition basis
- Use automatic email alerts to manage risk of time and budget overrun
- View Aged WIP or view WIP at a date point
- Easily invoice, carry forward or write off transactions
Managing budgets and invoicing
- Set budgets and allocate to chosen work breakdown
- View Actuals versus Budget and identify variances
- Generate invoices with associated project detail directly against WIP
- Invoice against retainer schedules for fixed fee contracts
- View Aged Invoices and Debtor reports
Managing current and future profitability
- View profitability at any level
- invoice, job, phase, RIBA workstage, project or client level
- Drill down to identify areas of risk
- Use historical data source for analysis of past projects
- Use past projects as templates for future projects
- Amend resources, budgets and other parameters to generate scenarios and maximise profitability
- Store all your job costing information in one place for easy analysis
- Breakdown staff, materials and other job costs in detail to better understand profitability
- Compare jobs to identify those that are most profitable
Financial reporting
A comprehensive suite of
reports covering every aspect of financial management is available as standard and for busy Senior Managers dashboard functionality delivers key ‘hot button’ info for monitoring KPIs.
Tracking the financial progress of projects is vital to ensure that projects meet both client objectives and deliver profit for your organisation. For successful budgetary control you need accurate and timely data and controls within the system to ensure that you are able to quickly identify when budgets are at risk. Coretime gives you a powerful project accounting software tool which will allow you to monitor and control your budgets.
Getting a quick update on spend and work in progress within larger organisations is particularily challenging. Coretime is the ideal solution for organisations with complex requirements. It handles with ease multiple projects, projects completed over an extended period of time, projects involving many different resources and staff who may be working across several office or site locations or even at overseas locations.
Discover reports at business, client, project and employee levels:
- Business Reports for improved financial control
- Employee Reports for effective resource planning
- Project Reports for better project management
- Debtor Reports for managing cash flow
- Recovery Reports for improving cost management
- Listings for centralising project information