Project Finances |
TeamWorks provides you with maximum flexibility when tracking your project finances by allowing you to define labour chargeout rates by job role, individual resource, client and project. Budgets, capital costs and non labour revenue items can also be recorded to help you track your project finances.
Dashboards showing real-time data let you analyse costs, revenue, profitability and margin on a month by month basis by resource, resource group and project. Forecast and actual data is provided to assist with monitoring of performance.
Online expense forms can be used to capture project and general organisation expenses and sent to project managers and administrators for online approval and payment.
|
What does this mean for project managers and finance managers? |
- View projected and actual staff hours and revenues.
- Capture and manage your resource rates in one place.
- Simplify the expense claim process.
|
|
|
|
Manage and analyse project finances |
| 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 |
| 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 resources. Preferential rates can be established for key clients and expense charge backs processed at cost or with an optional mark-up. |
|
Project expenses |
| 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. |
|
Next: Reporting and Dashboards 
|