Replicon For Finance/Billing
Replicon’s configurable platform serves as the single source of truth for all your organization’s project time, supporting your finance team with complete real-time visibility into project hours and how they relate to financial metrics like costs, billing, chargebacks and more.
Time Tracking For Your Project Financials
- Configure timesheets the way you work to capture metrics as per your financial needs.
- Project resources can book time off on the timesheet to indicate vacation and unavailability.
- Utilize timesheet comments and attachments to get more context and transparency about project work.
- Leverage our advanced mobile app to enable your remote teams to submit time and expense entries on-the-go.
Intelligent Project Time Validations and Approvals
- Utilize advanced validations to automate business rules and reduce errors on your project timesheet entries.
- Ensure project costs and billing information is available on time with real-time alerts & notifications for your teams.
- Model approval workflows to make sure all your project data is thoroughly reviewed before it reaches finance, as per the needs of your project-based organization.
- Streamline approvals for your team with dynamic routing of timesheets to project managers or supervisors.
Improve Project & Finance Forecasts
- Utilize historical trends like project performance, costs, and hours to come up with future estimates.
- Define multi-level projects, milestones, and set up relevant budget information in seconds to match your finance teams’ needs.
- Track project status, budgets vs actuals, WIP, and performance in real-time.
- Roll up projects into programs and get full insight into profitability and performance.
- Access detailed financial information about projects to manage costs, billing, cashflows and profitability.
Manage Resource Billability
- Set clear billable hour targets for individuals, teams, departments or business units as per your financial forecasts.
- Take into consideration reduced work hours and exceptions, such as holidays or non-working days when setting up targets.
- Get up-to-the-minute visibility into billable/project hours through advanced reporting and dashboards.
- Collaborate with project managers and teams with real-time access to billable hour progress vs targets.
Configurability To Meet Your Financial Needs
- Model the organization hierarchy of your project-based business right into our platform to meet your financial reporting needs.
- Organize your project resources for better security, access, and visibility into your company’s critical information.
- Restrict administrators from viewing or editing users outside of their project groups, locations or departments.
Integrations To Your Finance Systems
- Utilize our prebuilt connectors or build your own using our web services API to manage integrations.
- Seamlessly share time and project data with financial systems within your project-based organization.
- Connect with CRM, HR, PM, accounting, ERP or other proprietary systems using our prebuilt connectors and integration services.
Project Financials At Your Fingertips
- Define your financial metrics and see manage your project performance against them.
- Get real-time visibility into projects, resources, and performance using our out-of-the-box reports.
- See the big picture using our dynamic summary charts and dashboards.
- Have the reports configured to match your unique financial needs.
- Stay on top of business metrics like costs, actuals, WIP, utilization, margins, cashflow etc. and use them to make proactive decisions.
“In the professional services industry, time, expenses and resource data is our lifeblood to ensure we support our teams, we exceed expectations with our clients, and we grow our business. Replicon plays an intrinsic role at Xoomworks.” Read More
“Our accounting department has significantly simplified the coding, and subsequently the data collected, in our mandated payroll system, to rely heavily on Replicon to understand the percentage of time spent on jobs to fine-tune our service level agreements, performance measures and unit costs.” Read More
“From the onset, it’s clear that Replicon is an innovative technology company, and that it sees optimizing time as a core pillar to delivering significant value to its customers” Read More
“We rely heavily on Replicon’s built-in reports, and another standout feature for us is the progress bar that visually represents how a project is tracking against a client’s budget. Using these functionalities, managers can pull a report in seconds on how a project is tracking.” Read More
“With Replicon, it’s been so much easier for us to track campaigns, and break it down into subcategories so we have more granularity into how a project is faring. We continue to embrace how to use the data in more strategic and critical ways each day, which undoubtedly helps us continue to serve our clients effectively.” Read More