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Project Management

part of the Maconomy Consulting Solution product line, by Maconomy Inc.

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Role-based workflows, accessible in a browser, create accountability at all levels. Information is pushed to the desktop of the relevant person, and includes only the relevant time sheets, projects or customer information for each individual. This approach lets consultants focus on customer projects, instead of on administrative tasks. Examples of roles are highlighted below.

Manager

  • Understand costs and revenue by drilling into real-time financial data
  • View and drill into planned resource capacity and financial forecasts from business unit to employee level
  • Manager dashboards
  • Integration to Business Objects for advanced reporting

Account manager and sales

  • Price and estimate projects as early as the sales phase
  • Track sales opportunities for existing and potential customers
  • Keep updated on outstanding issues for customer accounts

Project manager

  • Use workflows for project initiation, budget creation and approval, invoicing, and time and expense reporting
  • Use multilevel Work Breakdown Structure for dividing large projects into phases
  • Distribute budget figures and forecasts across periods
  • Run progress evaluation and follow-up based on percentage completion
  • View real-time project status and documentation on-line
  • Manage planning and execution of projects - including subcontractors

Line manager

  • Analyze and maintain resource capacity including employee performance
  • Forecast the revenue and costs over time
  • Quickly allocate resources to projects
  • Approve time, expenses, budgets, and invoices online through automatic notification

Consultants and other employees

  • Enter time and expenses
  • Receive reminders for late time sheets
  • Review and change project bookings

Finance staff

  • Manage core finance functions such as payments, receivables, revenue recognition and month-end closing
  • Control revenue recognition and percentage completion of projects
  • Multi-company, multi-currency finance management
  • Receive alerts for overdue payments, project budget overruns, schedule overruns, late submissions and approval time sheets

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