Sep 11, 2023
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Service categories
Service Lines
Software Development
Design
IT Services
Domain focus
Business Services
Consumer Products & Services
Programming language
JavaScript
Frameworks
Node.js
React.js
Subcategories
Software Development
Business Software
Design
Digital Design
User Experience
IT Services
Managed IT Services
Challenge
Forecasting the implementation of plans based on the hours worked for the current period. Determination of the expected financial result based on forecasts.
Planning work for the month. Estimation of the expected number of hours worked and the corresponding amount of money.
Analysis of the effectiveness of the work done for each day. This is carried out by observing the number of clocked and bench hours.
Tracking payments, and determining the total amount of accounts receivable (AR).
Determining the profitability of all the work done for a specified period.
Forecasting the implementation of plans based on the hours worked for the current period. Determination of the expected financial result based on forecasts.
Planning work for the month. Estimation of the expected number of hours worked and the corresponding amount of money.
Analysis of the effectiveness of the work done for each day. This is carried out by observing the number of clocked and bench hours.
Tracking payments, and determining the total amount of accounts receivable (AR).
Determining the profitability of all the work done for a specified period.
Solution
The system for daily determination of the effectiveness of the plan in percent based on existing reports. Each plan is pre-specified for the month.
The system of the predicted amount of earned funds at the end of the reporting period is based on the current speed of the work plan.
A system for plan implementation by the hour for a certain month. Automatic calculation of the amount of money expected to be earned.
The daily chart of tracked hours by each employee for a month.
Rating of specialists, PMs, and Sales managers by the number of hours spent and money earned on the project.
The system for making both partial and full payments on invoices.
Restriction of the reporting period from which AR is calculated.
Determination of AR for each manager and project separately.
The system for daily determination of the effectiveness of the plan in percent based on existing reports. Each plan is pre-specified for the month.
The system of the predicted amount of earned funds at the end of the reporting period is based on the current speed of the work plan.
A system for plan implementation by the hour for a certain month. Automatic calculation of the amount of money expected to be earned.
The daily chart of tracked hours by each employee for a month.
Rating of specialists, PMs, and Sales managers by the number of hours spent and money earned on the project.
The system for making both partial and full payments on invoices.
Restriction of the reporting period from which AR is calculated.
Determination of AR for each manager and project separately.
Results
1. We created an intuitive and functionally complete system for keeping records of hours worked.
2. Time is taken into account by the hours, the money accrued for them, the invoices issued, and the funds, received from such invoices.
3. All information is presented as tables and graphs using carefully calibrated UX best practices.
4. The platform allows managers and company executives to instantly make decisions at any stage of the project life cycle. There's no need to wait for the end of the reporting period.
1. We created an intuitive and functionally complete system for keeping records of hours worked.
2. Time is taken into account by the hours, the money accrued for them, the invoices issued, and the funds, received from such invoices.
3. All information is presented as tables and graphs using carefully calibrated UX best practices.
4. The platform allows managers and company executives to instantly make decisions at any stage of the project life cycle. There's no need to wait for the end of the reporting period.