What is Your Action Plan?

Although many of you still have busy schedules and ongoing long-term projects, it is clear that the Credit Crunch has caused a slowdown in activity, resulting in fewer projects and more competition.

Luckily, most of us have been through periods of reduced activity before. We know what to expect and how to respond.

How can Sage Coretime help You?

With fewer projects / jobs available, it pays to know exactly what your costs and resource requirements are, so you can maximise your margins and you can respond quicker to an enquiry. Your quotes will be more accurate and competitive, as they can be based on detailed information collected through Coretime previously.

As a networked timesheet, expenses and project / business management tool, Coretime will help you improve efficiency, the internal sharing of information and stop delays caused by the re-keying of data and therefore reduce errors and omissions. This will drive down costs and protect your profit margins.

As a business management tool, Coretime PSA software can enable you to improve your chargeable/non-chargeable time balance by seeing and being able to influence the productivity of individuals and teams.

Responsibility for managing jobs more closely can be accomplished by Coretime's ability to give key users (Project Managers or Account Directors) real-time information at their fingertips. With Coretime, there is no 4-week delay whilst timesheets get collated, clients are invoiced and performance reports are generated.

Investing during a slowdown?

Yes, because you are already losing this money. Streamlining is the key. Coretime can help you avoid going over budget or over-servicing clients. This real-time budget vs actual functionality can make a big difference on fixed fee or percentage fee jobs when margins are tight, because the easy-going "we'll make it up on the next job" may not be so easy from now on. A modern, lean business with a proactive management style has a much better chance of survival.

Especially with less work coming in, your profit margins and productivity will be as good as they can get, because you can see what is going, control it and plan ahead - even at 10 past 5 on a Friday or at home.

Overall, the real-time productivity and profitability overview Coretime PSA software provides, can facilitate a much more proactive management style, which has enabled clients to reduce resource pressures caused by the industry-wide shortage of skilled staff and can help you to inprove revenues and reduce costs during this period of reduced activity.

Our Flexible Purchase Options and Finance. will help preserve your cash flow.

Contact us now so you can resolve any management, admin, efficiency or profitability issues before they become a major problem. Phone us on 0845 026 2255 or email us.