Accelerate your invoicing cycle with precise time tracking
Complex schedules, various invoicing requirements, simultaneous projects, rapid growth … These are only a few of the challenges that firms working in the information technology sector have to face. A solution specifically adapted for IT firms provides all the tools needed to meet and even exceed your objectives.
Are these situations familiar to you and your organization?
> Simultaneous projects taking place over long periods of time
> Complex invoicing requirements that can include several rates on a same invoice depending on the products, projects and resource types
> Delayed invoices and double data entries caused by non-integrated timesheets and expense reports
> Need to track project profitability as well as costs and revenue in real time
> Complicated time management as tasks are all completed from different systems
Benefit from a solution specifically developed for IT firms
Track the progress of your projects in real time
Improve project control with real-time visibility on their profitability as well as their costs and revenue. The integration of timesheets to your business management system and resource planning tool allows you to optimize resource utilization rates and billable hours while also accelerating your invoicing cycle.
Centralize data and client communications
Ensure that your resources have all the data needed to offer a level of customer service that exceeds expectations, track support requests and stay up to date on client status at all times. Stand out from the competition with quick, personalized customer service that will increase loyalty to your brand.
Improve your efficiency with real-time access to information
Specific reports provide key data by project, by department or by client for quick business decisions. The timesheet application is fully integrated to projects and invoicing, which reduces the risk of coding errors, double entries and repeated manual entries, and accelerates your invoicing cycle.
Support your long-term growth with a solution adapted for IT firms
A scalable solution adapted to your specific reality and needs grows with your organization and supports its business in the long term. Automated processes and workflows help you complete your daily tasks and maximize resource productivity by standardizing the work structure of your organization.
Benefits for every user across your organization
The integration of projects to finaces provides managers with real-time visibility onto project health, profitability by project, client or department, as well as resource and department productivity levels. Various metrics and key performance indicators are at your disposal to review financial data quickly and efficiently.
Automated and Accelerated Invoicing
Invoicing requirements can be automated, along with cost allocations to clients and projects, which reduces the number of manual and double entries as well as the risk of coding errors. The invoicing cycle is also accelerated as a result, decreasing the risk of bad debt and write-offs while facilitating the work of your accounting team.
Easy Access to Centralized Data
Staff members can review their priorities and their assigned tasks directly from their timesheet, which they can access from the device of their choice via the Web. Client information and communications are centralized, making it possible to follow up whenever necessary and to stay up to date on the status of client files at all times.
Optimization of Billable Hours and Resource Utilization Rates
Plan all your resources’ tasks to optimize their utilization and maximize the number of billable hours. Track the project progress with detailed reports in order to deliver them on time, on budget and within scale. Leverage multi-currency, multi-company and interdepartment functionalities to manage all your projects efficiently, regardless of scale.
Do you need a project management solution?
Bridge the gap between your operations and finance departments
Read this article to learn how JOVACO Suite can help everyone across your organization, from finances to operations, to speak the same project language.
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hurting your business?
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