Deltek Vision Features & Benefits

Do you waste too much time looking for accurate, up-to-date business and project data? Industry experts estimate that up to 14% of the average employee's workday is spent looking for information. With Vision, your managers will have quick, self service access to targeted, easy to understand reports and performance metrics from anywhere, anytime that support timely and informed decisions. This project tracking software will reduce data maintenance and increase data accuracy.

Can you get up-to-the-minute project information that will help bring your projects in on time and on budget? Projects are the lifeblood of any architecture and engineering firm-they must be properly planned and executed in order to preserve margins and retain happy clients. To meet these objectives, projects managers need real time information at their fingertips that will help them identify problems early enough to allow timely course correction.

Does your management team waste time trying to put the right people on the right projects/engagements in the right location? If a firm can not maintain high levels of staff utilization and can not place the right team members on each job, profits and client relationships will be jeopardized. It has been estimated by the Aberdeen Group that integrated project management systems can improve employee utilization by 8%. Even an increase of 2% is an additional profit of $200,000 for a company with 60 billable resources billing at $80 per hour.

Do your accounting and project management systems talk to each other? Maintaining several different systems that track important financial and project data wastes valuable time, causes frustration, can result in uninformed decisions, and increases the potential for data-related errors. Additionally, it does not allow managers to see where they are at in real time, which severely impacts their ability to quickly respond to project cost, schedule or resource issues.

Are your billable staff under-utilized? Industry experts have estimated that an integrated project management system, like Vision, can improve employee utilization by 8%. Vision provides the framework for assigning the right staff to the right project at the right billing rate. It allows you to plan for project success from the initial proposal to project completion. It lets you match the talents of your staff with project requirements. And it helps you quickly identify over and under utilization so that employee utilization can be optimized and profits can be maximized. Vision will become your manager's number one tool for supporting informed decisions that help your projects/engagements come in on time with the highest level of profitability.

Do you have cash flow problems? Studies have shown that up to 10% of project costs are not captured on invoices

Vision helps eliminate the leakage of billable time and expense and captures it to the level of detail that supports project and budget management and contractual requirements. Project invoices are accurate the first time, which shortens the billing cycle and time to payment. With targeted AR aging reports and aging Reports and Alerts, your team can stay on top of the project accounting and collections process, helping you get paid more quickly.

Do you have good business processes? A recent study shows that professional services firms that invested in front and back office solutions that control business processes realized an average five year annualized return on investment of 96.7%. Vision provides a framework for effectively dealing with all of your critical business processes so you and your team can focus on the challenges of business development, staffing and project execution, rather than business processes that have run amok.

Can you hold your managers accountable? Vision 'success-enables' managers to run their projects/engagements in conformance with company goals. It helps them manage their projects/engagements proactively and affords complete visibility into project performance from anywhere, anytime.

Is your marketing/sales information all over the place? Vision serves as the single repository for your firm's marketing/sales data, which can then be used in client relationship management, contact management, opportunity management, and proposal development. By being the single point of entry and access for this data, Vision saves time, reduces frustration, and increases data reliability. With Vision, marketing/sales data will become a corporate asset.

Are you losing clients because you don't have a unified and consistent approach to managing your client relationships? Vision provides a framework for building a client relationship program that will increase client satisfaction, client retention and client referrals, and reduce the cost of doing business. Vision client relationship management is designed specifically for project-based businesses. Its single, centralized database makes it possible for everyone in your organization—from sales and marketing/sales to accounting and finance to management and administration—to work together to meet your clients’ needs.

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