A Project-based System to Maximize Profitability
March 30, 2016
A Project-based System to Maximize Profitability
Score 9 out of 10
Vetted Review
Verified User
Overall Satisfaction with Projector PSA
Projector PSA is currently used as our project management system. We input budgets, assign RDCs, forecast time, pull variance reports and use all the system's tools for much more. All resources are required to input time and expenses through the system so we are easily able to determine our projects' profitability and track costs. All vendor invoices are processed through the system and all client invoices are generated out of it. This is a vital tool for our entire organization across all departments.
Pros
- Time tracking. For a service company that typically bills retainers, it is very important to be able to assign a direct cost to your resources at all levels and analyze your profitability.
- Expense reporting. Projector easily tracks expenses of all types and allows you to categorize them under non-billable projects, client billable projects and/or client development ventures.
- Reporting. Projector has a large list of standard reports right at your fingertips. These reports can be extracted as Excel docs, mdp files and other useful formats. They are intuitive, clear and easy to analyze. For those you need on a standard basis, you can set them up to pull on a recurring basis. It should be noted that all reports are easily customized and Projector's support team is always there to help get you the information you need.
Cons
- For companies with offices overseas, there is no place to denote your VAT.
- Aesthetics. Projector's web based view is fantastic, but the management portal is still a bit outdated and gray.
- Projector has had a great ROI. We are more efficient with planning, budgeting and analyzing inefficiencies.
- Projector has allowed our office across the United States to access the same system and create a central database of all projects and services.
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