Key figures – when you need them
TimeLog Project offers more than 80 management report types to ensure you always have a clear view of your company’s projects and employee activities.
Get a clear view of company performance
Be honest; how many managers actually know the following:
- How many hours does each employee spend working internally and externally?
- How many hours has each consultant invoiced during the past month?
- How good is each project manager at staying within budget limits?
- How many resources have been spent on development, sales, customer meetings, etc.?
- How busy is each department or employee?
- Which projects are included in the company portfolio?
Using TimeLog Project’s management reports, project finances are measurable, transparent and feature employee cost rates, estimated revenue and realised revenue. These reports provide you with the tools to reach informed decisions regarding your company’s performance and provide a clear view of everything from the smallest of processes to the entire company panorama.
Five management report types
In TimeLog Project, management reports are grouped according to five different information requirements. All reports can be exported into various file formats, such as Microsoft Excel.
1. Business reports
Each TimeLog Project business reports is based on one specific issue. For example, the internal/external analysis report provides management with relevant data in the form of each employee’s time consumption for internal and external projects.
2. Status reports
Status reports offer production insight by showing on which projects or customers your company has worked in a given period. These reports provide a status based on the dimensions supported by the system, e.g. current employee cost rates as well as potential and realised work values.
3. Process reports
Process reports focus on work processes, e.g. approving weekly timesheets, outlays, travel expenses, etc. These reports contain information on a given employee’s status in relation to a specific work process.
4. Project portfolio reports
For management, TimeLog Project provides a range of reports to retrieve data from multiple projects, enabling managers to view several project statuses in one report. One example is the project portfolio report, which collects the entire company’s project activities in a single screen.
5. Analysis reports
Analysis reports are based on the widest possible approach to filtering and grouping data, rather than specific business requirements. A good example is the pivot report. It allows you to filter project registrations from all dimensions, group them and finally view them in graphic or table form. Another good example is the contribution analysis, which includes data on contribution margins per project, customer and employee.
Set up employee KPIs
Most consultancy firms have a performance-based bonus scheme. Entering consultant budgets into TimeLog Project, you can view agreed KPIs. This ensures that management and consultants alike can monitor each week’s development in the form of a graphic representation of real-time budgets and realised values and objectives.
New insight – new possibilities
Once you have gathered data from TimeLog Project for a few months, new possibilities in management reporting will arise. An image of your company’s activities starts to form, enabling you to monitor statuses and navigate accordingly.
Depending on your industry and organisation, you choose which management reports are most relevant. But as TimeLog Project offers a wide range of focused information, your needs will almost surely be met. And if not, you can always export the data of your choice for analysis to Microsoft Excel, or use our Reporting API to create management reports.