Replicon For Consulting and Professional Services
Replicon’s time tracking platform helps Consulting and Professional Services firms capture all billable hours, manage approval and billing workflows, apply relevant rates & invoice clients accurately, every time. Our customers streamline their time and project billing to see a 5-10% increase in billing, and more than 90% reduction in billing lead times with these enhanced capabilities.
Time Tracking For Your Consulting Teams
- Configure timesheets to track the information you want per your Consulting business needs.
- Leverage our advanced mobile app to enable your field teams to submit time and expense entries.
- Capture all billable and non-billable project hours and allocate them to clients for accurate billing.
- Consultants can book time off on the timesheet to indicate vacation and unavailability.
- Utilize timesheet comments and attachments to give supervisors and clients detailed context and transparency.
Intelligent Validations and Approvals
- Reduce timesheet errors and rework using advanced business validations.
- Model approval workflows that make sense for your consulting business.
- Dynamic routing of timesheets to project managers further reduces overheads and lead times.
- Ensure timely actions from consultants and supervisors using real-time alerts.
Maximize Billable Hours
- Manage consulting revenues with clear billable hour targets for individuals, teams, departments or business units.
- Easily handle reduced work hours and exceptions, such as holidays or non-working days.
- Give your supervisors and executives up-to-the-minute visibility into billable hours through advanced reporting and dashboards.
- Manage your consulting business performance and accountability with access to historical trends and real-time billable target progress.
Manage Project Delivery
- Create multi-level client projects, define project milestones, and set up relevant information in seconds.
- Track project status, budgets vs actuals, WIP, and billable hours in real-time.
- Access detailed information about project hours, costs, billing, and profitability.
- Centralized visibility into all your clients and projects for complete control.
Fast, Accurate Billing
- Support for billing your fixed-bid or time & materials projects with ease.
- Set billing rates at client, project, or role level to match your business needs.
- Configure invoices using our system, or export the information to share with customers.
- Easily invoice your globally distributed client base with multi-currency support.
- Bill quickly and manage payments to get complete control of your cash flows.
Integrations For Your Consulting Firm
- Utilize our prebuilt connectors to instantly set up data transfer to your accounting or invoicing system.
- Build your own integrations using our web services API when needed.
- Connect with CRM, HR, PM, accounting, ERP or other proprietary systems.
- Seamlessly share time and project data with other systems within your consulting ecosystem.
- Model your consulting business metrics to manage your firm’s performance.
- Get real-time visibility into clients, projects, resources, and billing using our out-of-the-box reports.
- See the big picture using our dynamic summary charts and dashboards.
- Configure the reports to match your organization’s reporting needs.
- Stay on top of business metrics like billing, WIP, utilization, margins, etc. and use them to make proactive decisions.
“In the professional services industry, time, expenses and resource data is our lifeblood to ensure we support our teams, we exceed expectations with our clients, and we grow our business. Replicon plays an intrinsic role at Xoomworks.” Read More
“Our accounting department has significantly simplified the coding, and subsequently the data collected, in our mandated payroll system, to rely heavily on Replicon to understand the percentage of time spent on jobs to fine-tune our service level agreements, performance measures and unit costs.” Read More
“From the onset, it’s clear that Replicon is an innovative technology company, and that it sees optimizing time as a core pillar to delivering significant value to its customers” Read More
“We rely heavily on Replicon’s built-in reports, and another standout feature for us is the progress bar that visually represents how a project is tracking against a client’s budget. Using these functionalities, managers can pull a report in seconds on how a project is tracking.” Read More
“With Replicon, it’s been so much easier for us to track campaigns, and break it down into subcategories so we have more granularity into how a project is faring. We continue to embrace how to use the data in more strategic and critical ways each day, which undoubtedly helps us continue to serve our clients effectively.” Read More