Project Accounting: budgeting, tracking and client billing |
| TeamWorks lets you keep track of project finances including labour costs, capital costs and revenues. Being able to understand project finances is essential for forecasting, budgeting and estimating future work. To ensure revenue assurance you can capture charge backs, expenses and markups |
Manage and analyse project finances |
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Instantly review costs against budgets and billing against forecasts to maximise the profitability of your projects and resources. Whether you use internal, external or contract staff you can keep tabs on resource costs and revenue. |
Flexible charging models and rate structures |
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Build your revenue picture up using role based, activity based and fixed price charges. Standard charge out rates can be specified for employee types or individual staff members. Preferential rates can be established for key clients and expense charge backs processed at cost or with an optional mark-up. |
Project expenses |
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TeamWorks expense management efficiently captures all of your employee business expenses. Using an easy to use expense report, employees can claim and manage expenses efficiently. Administrators can configure multiple expense categories to help with analysis. |
