Start A Free Trial
The benefits of managing projects with Coretime.
One of the biggest benefits of using project management software like Coretime is that it helps to streamline your project management process. With our software, you'll be able to easily plan and track your projects, which can help to save you time and money.
Our software also allows you to collaborate with team members and share files, which can help to improve communication and increase productivity.
In addition, our software also offers integration with invoicing and
time tracking, this allows you to easily track billable hours and expenses, and generate invoices for your clients. This can help to save you time and money, and ensure that you're getting paid for all of the hours worked on your projects.
Another benefit of using project management software like Coretime is that it helps to improve the overall organization of your projects. With our software, you'll be able to easily plan, track, and manage your projects, which can help to ensure that your projects are completed on time and on budget. 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