Comprehensive project finance tracking with CloudCube
Add costs at the lowest level, track them at the highest
With CloudCube’s Portfolio, Programme and Project handling, financial tracking and reporting is made easy. Costs automatically roll up and aggregate at the parent level. For example, individual costs added against a project will total on the project record. This along with any other projects will roll up to their parent programme, and so on. If programmes aren’t in use, then project finances auto rolls up to the relevant portfolio. Portfolios, Programmes and Projects can also be managed independently without the “parent & child” relationships.
Costs added at the lowest level aggregate to the highest
Get Real-Time Reporting
Portfolio Budget
At the Portfolio level, you can see and analyse rolled up totals of all your costs, benefits, purchase orders etc. from all of your underlying programmes and projects.
Reporting on spend
Programme Reporting
Bespoke reporting gives you the insights you need and breakdown of you spend by category, type, location, project and so on. This can be at the Portfolio, Programme or Project level.
Multicurrency handling
Project Budget
Example of a Project budget data screen. It shows budget calculations and multicurrency handling. Project data is automatically recalculated in line with its parent programme/portfolio currency.
Dynamic Dashboard views
Project Expenses
Expenses, POs, etc. can all be captured for your projects and totalled. At each level, in app dashboards give quick view and analysis to users and highlight any anomalies or trends.
Reporting on Project Finances
All financial aspects of a Project can be tracked with Automated reporting keeping key Stakeholders up to date on progress. This includes expenses, POs, Resource spend through Rates Cards, etc. These can be White-Labelled for clients needs.
Holistic Resource Spend Planning, Tracking & Reporting
The PPM module automatically links to the Time Management module to give you complete resource spend planning, tracking and reporting. This forms part of the CloudCube solution for project finances.
1. Rate Cards & Allocation
When allocating Resources against Projects, simply choose what dates and what % of their time they will be allocated. Easily select which Rate Card will apply, if applicable. This will give you simple forecasting on spend.
2. Timesheets
When a user then fills out their timesheet in CloudCube, actual chargeable amounts are calculated based on hours logged against specific tasks and/or projects. Reports are available to show forecasts v actual.
3. Invoices
Invoices can be created based on the actual chargeable amount and edited as required to give discounts, free time, etc. Invoices are exported from CloudCube and can be sent to a client.
Methodology Agnostic
Be it Agile, Waterfall, Lean, or anything in between. Let your teams work their way and report holistically across your workstreams
We build CloudCube to cater for all needs. The hierarchical structure is easily adapted to capture projects of every flavour. Be it user stories, plans, tasks, milestones, whatever; when items are completed and outcomes or benefits captured, they aggregate up to your spend portfolios in the same way for holistic reporting.
