financial management

Financial management: The best reports

For you to make a sound financial management of your business, you need to have full control over the use of resources in your company. That is, to know how much time and money are invested in each project. The bad thing is when that data has to be gathered and arranged by hand. No if you use a management tool that automatically produces the costs report and replaces the timesheet. This way, you can have access to strategic info in real time and make your company more competitive. Take a look:

Costs report

financial management

Solves: Every time you wondered if the project was costing more than the planned.
How? You can check the difference between the budgeted work and the work really done, for each client and project of your company. Similarly, the report compares budgeted hours and worked hours. You can also see the tasks of each employee and how much time and money was invested.
Result: You will have the data you need to make smarter and more secure decisions, justify any expenses cuts, changes in a project scope, or even a new investment.

financial management

Automated timesheet

financial management

Solves: Your mistrust before a timesheet filled often late by your employees.
How? Just click “play” to start working and “pause” to rest or change the task. At lunchtime and after hours, the timer automatically stops. You can still add time manually. In addition, the professionals can know if they are on time and within the effort estimate for each task, or if they should hurry.
Result: Besides having a precise measurement of time spent on tasks, managers can focus on new strategies, since each professional is pretty aware of their own performance.

Team dashboard

financial management

Solves: Your affliction to know what your employees are working on and the bad impulse to micromanage.
How? The dashborard reads the work of all the teams and reveals the task each professional is working on, besides the estimated delivery. The tool also shows each team productivity index.
Result: Managers and employees develop a transparent relationship and both parties save time, since there’s no need to make any follow-up meeting or exchange e-mails. This way, everyone uses better their working hours and the company becomes more productive and more competitive.

All these features you saw and probably missed in your day to day are available in Runrun.it, the team management software, adopted by more than 100,000 companies in more than 100 countries worldwide. Try Runrun.it for free now: http://runrun.it

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