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Magnetic

Magnetic

Overview

What is Magnetic?

Magnetic is a workflow management platform designed and built for agencies. It combines essential project management capabilities into a single system: account management, business development, traffic management, project management, project finances, time tracking, billing, HR management and resource scheduling.…

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Pricing

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SOLO (Free)

$0

Cloud

ESSENTIALS

$7

Cloud
per month per user

PRO

$15

Cloud
per month per user

Entry-level set up fee?

  • -$1,520 one-time fee per installation
    Optional
For the latest information on pricing, visithttps://www.magnetichq.com/pricing

Offerings

  • Free Trial
  • Free/Freemium Version
  • Premium Consulting/Integration Services

Starting price (does not include set up fee)

  • $7 per month per user
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Product Details

What is Magnetic?

Magnetic is a workflow management platform designed and built for agencies. It combines essential project management capabilities into a single system: account management, business development, traffic management, project management, project finances, time tracking, billing, HR management and resource scheduling.

Magnetic is designed to help agencies waste less time, manage projects smarter, and deliver on time and within budget. The system offers a bird’s eye view into a business from anywhere, at any time. From key sales metrics to instant profitability reports, resource availability and time allocation, the software makes users able to track multiple areas of an agency at any moment.

Magnetic Features

  • Supported: Project Management
  • Supported: Resource Management
  • Supported: Task Management
  • Supported: Opportunity Management
  • Supported: Time & Expense Tracking
  • Supported: Budgeting & Forecasting
  • Supported: Revenue Forecasting
  • Supported: Profitability Analysis

Magnetic Screenshots

Screenshot of The Project Dashboard is logically divided into 3 sections:

Budget
For tracking how a project is performing against what was agreed upon with the client, as well as key KPI’s such as Net Margin and Gross Margin.

Scheduling
Magnetic will predict if a project is going over- or underservice. Through key metrics such as Estimate to Complete and Estimate at Complete, Magentic helps users to understand if a project is going to be on or off track.

Financials
Displays projects’ financial performance through key financial indicators such as Actual Net/Gross Margin, un-billable work and supplier purchases.Screenshot of the navigable Resource Capacity dashboard in Magnetic, where users can apply filters based on department, position, or line manager. It provides instant visibility into available capacity, booked capacity across billable and non-billable work, opportunities, and leave time.Screenshot of the profitability dashboard financial tool, that offers a concise and real-time overview of a company's financial performance. It consolidates key metrics, providing a snapshot of revenue, costs, and profit margins. Customizable filters and dynamic charts enable stakeholders to analyze specific aspects of any business, fostering informed decision-making.Screenshot of Magnetic's comprehensive dashboard, providing tools to monitor and manage client engagements.

This helps users to stay informed and in control through Magnetic's interface, using valuable insights into a projects and client relationships for improved efficiency and client satisfaction.Screenshot of Magnetic's Revenue Forecast, used to monitor billings, monitor budgets for open projects, and factor in potential revenue from upcoming opportunities. With real-time tracking and analysis capabilities, Magnetic helps to drive informed decisions.Screenshot of customisable templates used to create precise cost estimates and time plans. This helps to ensure accurate client quotes and allocate tasks with optimal timings, maximising productivity and project success.Screenshot of real-time dashboards that offer complete visibility of project schedules.
Using multiple views, such as list view, status view, Kanban or Gantt, these dashboards can be used to visualise project process, track key performance metrics and turn insights into actionable outcomes.

Magnetic Integrations

Magnetic Competitors

Magnetic Technical Details

Deployment TypesSoftware as a Service (SaaS), Cloud, or Web-Based
Operating SystemsUnspecified
Mobile ApplicationNo
Supported CountriesGlobal
Supported LanguagesEnglish

Magnetic Customer Size Distribution

Consumers0%
Small Businesses (1-50 employees)80%
Mid-Size Companies (51-500 employees)20%
Enterprises (more than 500 employees)0%
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Comparisons

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Reviews

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