The Blog
Sharing thoughts, ideas, perspectives, and the occasional opinion.
Need Higher Profitability
For Your Projects?
Our Bottom Line Improvement calculator can help. Click the calculator to use or read more below.
Visibility into all project-related spend is critical for a true profitably picture. Advice on what to consider is easy to find but often excludes an important aspect which can skew the numbers to a false positive or negative.
Project Expenses
Somehow Missed
Not Billed Back to the Client
It seems simple enough to track and report expenses but companies using manual processes to assemble client billing statements can miss anywhere between 15 and 35 percent of their ‘out-of-pocket. This is money already spent – and reimbursed to the employee or paid to the credit card or vendor.
Failure to recoup this money results in lower profitability – period. The client expects to pay and needs one thing: documentation.
Curious to see how your numbers affect the bottom line?
Click the calculator and find out!