Workbooks CRM offers a comprehensive solution for project management by enhancing collaboration and communication among team members, improving customer engagement, and providing extensive customisation options. And Workbooks have just released the 'Advanced Projects' module or option and here's a roundup of the top 3 new features we like. We're going to be showcasing these on our next event on Wednesday 9th October at 2pm UK time.
1. Expenses
The Expenses feature in Workbooks CRM's Advanced Projects allows for detailed tracking and management of project-related costs:
- Expense Logging: Users can easily log various types of expenses associated with specific projects.
- Categorisation: Expenses can be categorised (e.g., travel, materials, equipment) for better organisation and reporting.
- Approval Workflow: Customisable approval processes ensure proper oversight of project expenses.
- Receipt Attachment: Digital receipts can be attached to expense entries for documentation and auditing purposes.
- Currency Support: Multi-currency support for international projects and expense reporting.
2. Time Entries
The Time Entries functionality enables accurate tracking of time spent on project tasks:
- Time Logging: Team members can log time against specific projects and tasks.
- Timesheet Views: Weekly or monthly timesheet views for easy time management.
- Billable vs. Non-billable Time: Distinction between billable and non-billable hours for accurate client invoicing.
- Real-time Tracking: Option for real-time time tracking with start/stop functionality.
- Reporting: Detailed time reports for project managers and stakeholders.
3. Budgets
The Budgets feature provides tools for financial planning and monitoring of projects:
- Budget Creation: Ability to create detailed budgets for each project, including labour and expense estimates.
- Budget vs. Actual Tracking: Real-time comparison of budgeted amounts against actual expenses and time entries.
- Forecasting: Tools for projecting future costs based on current trends and data.
- Budget Alerts: Customisable alerts when projects approach or exceed budget thresholds.
- Multi-year Budgeting: Support for long-term projects spanning multiple financial years.
Now there are some other great new features which we will cover on other posts and events in the future.
To register for the webinar on Wednesday, please click here