Project Expenses Management

The Empower IT Project Expenses Management Software packages together a series of features designed to help businesses control costs so as to remain profitable, efficient and successful. The software allows your organisation to perform a number of helpful functions:

Record Estimated Project Expenses/Costs – project budgets, estimates and expected costs can be imported into the software, from various systems (including Excel spreadsheets); for multiple projects at a time.

Record Actual Expenses/Costs – software can integrate with multiple systems to log actual costs and attribute costs to individual projects as they arise – for comparison with estimates and for customer billing purposes.

Resource Management – provides companies with the ability to track the resources spent on a project and allocate resources based on needs, skills and availability to ensure on-time delivery. This includes tracking the number of staff hours used on project works.

Invoicing – Logs billing rates and generates detailed client / project invoices with ease. Keeps track of all costs, billable, or accruals against each individual project and client.

Centralised Repository – seamlessly integrates with excel and other cost management systems to provide key stakeholders with a single source of truth – managing all project costing data and analytic tools in the one location.

Dashboard Reporting & Analytics – with ease, companies can monitor and evaluate the performance of projects in terms of project costs, resource hours, billability and overall cash flow velocity using an intuitive and user friendly reporting dashboard.