Sep 30, 2021
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Completed
Automatic profit calculation with transparent cost breakdown
$10,000+
2-3 months
Russia
2-5
Service categories
Service Lines
Software Development
Web Development
Domain focus
Banking & Financial Services
Frameworks
Angular.js
Node.js
Challenge
Previously, all financial operations were done in Excel. It would take a considerable amount of project managers' time to record all team members’ activity, and accurately reflect the costs.
Having expertise in design and IT, we decided to create a service that would make bookkeeping and financial reporting much more transparent.
Previously, all financial operations were done in Excel. It would take a considerable amount of project managers' time to record all team members’ activity, and accurately reflect the costs.
Having expertise in design and IT, we decided to create a service that would make bookkeeping and financial reporting much more transparent.
Solution
InProfit is an internal project aimed to improve the accuracy of profitability calculations.
The platform allows to enter revenue streams and expenses, break them down into different projects, and track projects’ and companies' financial performance.
InProfit is an internal project aimed to improve the accuracy of profitability calculations.
The platform allows to enter revenue streams and expenses, break them down into different projects, and track projects’ and companies' financial performance.
Results
Six months after the project initiation, the MVP was ready.
The result was a user-friendly accounting platform for project managers to track the financial performance of their projects.
Each employee involved in the project has their own dashboard which allows to track employees' performance. The dashboard presents the overall overview of employees’ time spent on the project, salary, and the company’s profit brought by this employee.
You can also see a list of tasks assigned to the person, the difference between real and estimated time, and the cost devoted to each task.
inProfit has become an indispensable tool for project managers of inCode Systems for financial reporting and bookkeeping.
Six months after the project initiation, the MVP was ready.
The result was a user-friendly accounting platform for project managers to track the financial performance of their projects.
Each employee involved in the project has their own dashboard which allows to track employees' performance. The dashboard presents the overall overview of employees’ time spent on the project, salary, and the company’s profit brought by this employee.
You can also see a list of tasks assigned to the person, the difference between real and estimated time, and the cost devoted to each task.
inProfit has become an indispensable tool for project managers of inCode Systems for financial reporting and bookkeeping.
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