Replicon For Consulting and Professional Services
Replicon’s time tracking platform helps Consulting and Professional Services firms capture all billable hours, manage approval and billing workflows, apply relevant rates & invoice clients accurately, every time. Our customers streamline their time and project billing to see a 5-10% increase in billing, and more than 90% reduction in billing lead times with these enhanced capabilities.
Time Tracking For Your Consulting Teams
- Configure timesheets to track the information you want per your Consulting business needs.
- Leverage our advanced mobile app to enable your field teams to submit time and expense entries.
- Capture all billable and non-billable project hours and allocate them to clients for accurate billing.
- Consultants can book time off on the timesheet to indicate vacation and unavailability.
- Utilize timesheet comments and attachments to give supervisors and clients detailed context and transparency.
Intelligent Validations and Approvals
- Reduce timesheet errors and rework using advanced business validations.
- Model approval workflows that make sense for your consulting business.
- Dynamic routing of timesheets to project managers further reduces overheads and lead times.
- Ensure timely actions from consultants and supervisors using real-time alerts.
Maximize Billable Hours
- Manage consulting revenues with clear billable hour targets for individuals, teams, departments or business units.
- Easily handle reduced work hours and exceptions, such as holidays or non-working days.
- Give your supervisors and executives up-to-the-minute visibility into billable hours through advanced reporting and dashboards.
- Manage your consulting business performance and accountability with access to historical trends and real-time billable target progress.
Manage Project Delivery
- Create multi-level client projects, define project milestones, and set up relevant information in seconds.
- Track project status, budgets vs actuals, WIP, and billable hours in real-time.
- Access detailed information about project hours, costs, billing, and profitability.
- Centralized visibility into all your clients and projects for complete control.
Fast, Accurate Billing
- Support for billing your fixed-bid or time & materials projects with ease.
- Set billing rates at client, project, or role level to match your business needs.
- Configure invoices using our system, or export the information to share with customers.
- Easily invoice your globally distributed client base with multi-currency support.
- Bill quickly and manage payments to get complete control of your cash flows.
Integrations For Your Consulting Firm
- Utilize our prebuilt connectors to instantly set up data transfer to your accounting or invoicing system.
- Build your own integrations using our web services API when needed.
- Connect with CRM, HR, PM, accounting, ERP or other proprietary systems.
- Seamlessly share time and project data with other systems within your consulting ecosystem.
- Model your consulting business metrics to manage your firm’s performance.
- Get real-time visibility into clients, projects, resources, and billing using our out-of-the-box reports.
- See the big picture using our dynamic summary charts and dashboards.
- Configure the reports to match your organization’s reporting needs.
- Stay on top of business metrics like billing, WIP, utilization, margins, etc. and use them to make proactive decisions.