Project Accounting

For many of our professional services customers Workspace is used as a Time, Expense and Fee Management system replacing outdated systems and processes.  If you already have a well established project accounting system in place then Workspace can simply sit alongside this existing investment.

Timesheet access is centralised through the Intranet interface making access for staff simple and an integral part of their working day.  Live cost and forecast data on any project or the practice as a whole is delivered to managers through the advanced search framework.  With margins tightening and clients ever more demanding it has never been more important to have total clarity on your key financial information.  Designed specifically for the professional services sector the system can be rapidly deployed and is quickly taken up and used by staff and managers alike.

Many customers use Workspace as a “portal” through to their existing ledger systems driving out key financial information and delivering it on-line to managers’ desktops through the framework.

Key Features:

• Weekly timesheet collection.
• On-line approvals.
• Resource Management.
• Expense recording and collection.
• Management reporting through the advanced search framework.
• Integration with Workspace Holiday and Leave.

Specific Modules of Interest
	Resource Management Gives a company wide view of project resource allocation, enabling simple allocation of resources based on availability.
	Timesheets Workspace provides a simple web based application for managing timesheets. It introduces an element of control, approval and co-ordination to the process.
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"The introduction of Workspace has made a material contribution to our bottom line profitability"

Philip Shaw
Associate Director