Overview
Financial Management
Efficient financial management is essential to business success. Margins are shrinking. Project volume is increasing. Labor is consistently harder to find and keep. Nevertheless, business keeps pushing forward. To overcome these challenges, businesses must efficiently manage their finances as well as their projects to ensure profitability and fast time to revenue.
Benefits
Streamline Project Financials
Stay on Track
Projects and finances go
hand in hand. With Sitetracker Financial Management, align finance to projects and programs so work stays on track and bills are paid on time.
Maximize Capital
Easily track monies from customers, regional or federal agencies, etc. to always ensure capital is allocated efficiently so opportunities are never lost and profitability can be maximized.
Centralize Your Finances
Unify your project finances with your ERP using seamless integration to make it faster and easier to manage invoices and budgets to control margins.
Budget & Plan
Efficiently manage your projects, sites and activities with accurate tracking in real-time to ensure funds are budgeted appropriately now and for future projects.
- Capture time spent on projects, sites, and activities
- Associate finance items with project milestones for total visibility
- Automate the creation of finance and expense lines with pre-configured rules
Create & Request Funds
Ensure your projects are covered with capital planning to establish funding sources for your programs and create capital requests all in a comprehensive, single view.
- Leverage available funding opportunities and create capital requests across your projects and programs
- Reduce systems by bringing capital funding and allocation into Sitetracker
- Utilize dashboards and reporting to quickly identify available capital and current allocations
Manage Time & Expenses
Easily manage time spent in the field to lower expenses and ensure prompt payments.
- Track POs, invoices, and associated expense lines with ease
- Quickly align submissions and approvals with company policies and shorten time to revenue
- Guarantee on-time payment distribution to improve partner relationships
Bill & Invoice
Reduce redundant data entry, quickly bill, and accurately invoice customers to shorten time to revenue.
- Oversee payments from customers, vendors, contractors, leases, and tenants in one platform
- Establish advanced approval processes to ensure accurate and timely payments
- Integrate into your existing ERP or financial systems for POs, PO requests, invoices, vendor POs, and vendor payments
Financial Management
What Is Financial Management?
Sitetracker Financial Management aligns project finances with your projects and programs to shorten time to revenue, increase profitability, and ensure customer satisfaction. From managing vendor POs, to taking advantage of new federal or local funding, to seamlessly integrating with your existing ERP for full visibility, financial management is essential to business success.
Learn More
Resources
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Enchanted Rock partners with Sitetracker to ramp up the deployment of managed resiliency microgrids
