Accounting
Q360™ is a Business Process Management (BPM) tool that does Accounting. Not an accounting tool that tries to support and manage a business.
Eliminate running the business on spreadsheets!! Why are spreadsheets so commonly used? Because 99% of applications for technology integrators cannot support real-time project accounting and business management. Spreadsheets tend to run the organization and the accounting software just records the transactions. Q360™ includes all core accounting functions within a single business process management tool and automates tasks that are familiar to many financial departments.
When you take the approach to streamline time consuming complex financial processes you begin to provide timely financial's, real-time revenue recognition, more accurate billings, squeezing out operational fat, and adding more dollars to your bottom line.
Eliminate multiple points of data entry resulting in improved accuracy in a timely manner, allowing better financial decision-making.
KPI's for Technology Integrators
- Liquidity - Determine how much cash your work in progress (WIP) is generating or consuming
- Cash Flow - Understand how projects are generating or consuming cash.
- Schedule variance indicator
- Labor Productivity - Identify discrepancies between actual and estimated expenses.
- Margin Variance - Comparing gorses margins to business plan objectives.
- Automate deferred revenue contracts
- Automate project cost revenue recognition
- Real-time visibility into project profitability
- Backlog indicator
- Work-in-progress (WIP) reporting
- Time & Attendance and Utilization/Productivity Tracking
