Piedwork is a platform that simplifies the accounting for your company. It is a comfy solution that collects data sets from statistical information and sums it up as diagrams. The data is visualized in many ways using different types of charts so you can see the dynamics. The platform could also provide the data shattered for your departments.
Piedwork allows creating the reports, invoices, payments, and plans in a few clicks. It helps you make crucial management decisions based on illustrated and intuitive financial data.
Background
Maintaining a PM's statistics on the income of developers in a spreadsheet is a bad idea. A large number of sheets requires a lot of time to check. If each of these were also fulfilled differently, the whole process turns into development hell.
It's hard to make effective decisions when you can't understand what's going on with the developer's workload. Add here project income figures and a necessity to fill the invoices of the work performed.
The Piedwork platform is a great solution that provides a clean and smart view of statistical data collected by a wide range of departments within a company. It visualizes project information in the form of understandable graphs. This allows you to instantly understand the current situation on a project and make the right decisions.
Challenges
Forecasting the implementation of plans based on the hours worked for the current period. The determination of the expected financial result based on forecasts.
Planning work for the month. Estimation of the expected number of hours worked and the corresponding amount of money.
Analysis of the effectiveness of the work done for each day. This is carried out by observing the number of clocked and bench hours.
Tracking payments, determining the total amount of accounts receivable (AR).
Determining the profitability of all the work done for a specified period.
Solutions
The system for daily determination of the effectiveness of the plan in percent based on existing reports. Each plan is pre-specified for the month. The system of the predicted amount of earned funds at the end of the reporting period based on the current speed of the work plan.
A system for plans implementation by the hour for a certain month. Automatic calculation of the amount of money expected to be earned.
The daily chart of tracked hours by each employee for a month. Rating of specialists, PMs, and Sales managers by the number of hours spent and money earned on the project.
The system for making both partial and full payments on invoices. Restriction of the reporting period from which AR is calculated. Determination of AR for each manager and project separately.
The profitability chart for each employee for each day and a cumulative total for the entire month.
Stack of technologies
Frontend
Backend
Other
Key features:
Smart reporting functionality.
Overall/detailed profitability charts and statistics.
Company holidays and extra working days calendar.
Invoices management.
Real-time overview of staff workload.
Overall/detailed revenue and statistics charts.
Receivables.
Earnings
Piedwork allows you to keep track of all of your company resources such as employees, managers, projects, contracts, daily task reports, monthly plans, invoices, payments, etc. and keep everything in one place accessible by your managers accordingly. All the information is being displayed properly due to best practices in accounting processes and UX terms using modern and clean media charts.
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Posted Mar 14, 2024
Piedwork allows you to keep track all of your company resources such as employees, managers, projects, contracts, daily task reports, monthly plans, invoices, p