When a company’s management team announces its intent to launch a new project, the occasion is often the prelude to widespread panic in the ranks. How long will it take? What will it cost? How many staff will it occupy, and how might their reallocation affect other essential routine activities? These are just some of the details that must be closely monitored to ensure success, and the only reliable way to do so is to automate the process with a custom-made project management software solution.
That said, the software will be required to overcome some tough challenges if it is to ensure a seamless, time-saving, fully integrated, and efficient solution. At Fusion Software, we have developed a 100% paperless application to automate the capturing and processing of relevant project data and the management of timesheets, billing, budgets, and all the other core activities essential for efficient project oversight.
The Key Requirements of an Efficient Project Management System
Whether a project is managed manually or with the help of automated tools, it has several core requirements. There must be an overall plan, a means to allocate and monitor resources and time to maximise efficiency, and an effective framework to facilitate collaboration. Finally, there needs to be a reporting mechanism to provide essential feedback regarding progress and costs.
Our comprehensive projects and timesheets software ticks all these boxes and more,
It is designed to manage the project’s budget and each of its component tasks while handling the billing process and authorisations and overcoming the challenges of manual time tracking. In addition, this automated project management system can be integrated with the Fusion Sofware payroll and financial applications and many other third-party packages.
The Core Features of Fusion Software’s Project Management Solution
The software provides project managers and staff with a convenient platform from which to streamline the recording and tracking of project activities and costs while enabling continuous visual oversight of critical project activities, including the following:
- Billing: The software enables users to customise rates based on activity, client, and project.
- Invoicing: Users can integrate the project software with an accounting system to automatically generate customised invoices based on the content of timesheets and set rules.
- Budgeting: The Fusion Software system can track the budgeted allocation against the time actually spent on a given task.
- Reporting: The software’s extensive reporting facility includes live dashboards and charts, a timesheet calendar displaying all recorded job times, forecasts of time and resource demands, and billing and profitability reports by project, team, and individual staff members.
In addition, a mobile app enables these functions to be accessed by personnel on the move, and our developers can create custom integrations on request.
Our company was founded in 2002 and we now have roughly 10 000 users on our platform. In addition to project oversight software and applications for time tracking, we offer automated CRM, sales, stock, manufacturing, accounts and HR solutions, and more.
If you want to learn more about our advanced project management solution and how it could benefit your business, why not check it out? Follow this link to book a demo and see how this feature-rich, time-saving system can streamline your projects.