Finance Management
Evaluating financial performance and tracking key performance indicators (KPIs) is essential. From analysing revenue streams and project profitability to assessing client acquisition costs and other financial metrics, gaining a comprehensive understanding of your business performance is paramount.
However, translating this data into actionable insights to drive growth and enhance financial performance poses an ongoing challenge. With Magnetic's advanced analytics and reporting capabilities, you can effectively tackle this challenge, harnessing valuable insights to make informed decisions and propel your success.
In addition to an array of essential features such as cost estimation, invoicing, supplier invoices, time tracking, expenses management, and client rate cards, we proudly present our comprehensive dashboard package.
This robust offering provides you with extensive and powerful tools for data visualisation and analytics. With our dashboard package, you can effortlessly view visually stunning and insightful dashboards that empower you to make data-driven decisions, gain actionable insights, and monitor the key performance metrics of your business.
Gain unparalleled visibility into your profitability and effectively manage over-servicing with ease. Take the helm and navigate your success by closely monitoring key performance indicators (KPIs) like Average Margin and Average Hourly Rate. Magnetic empowers you to track these metrics effortlessly, allowing you to analyse profitability by client and overall for your entire business.
With Magnetic's intuitive tools, you'll stay well-informed and equipped to make data-driven decisions that optimise your financial performance and drive growth.
Unlock profitability and drive growth: Harness Magnetic's insights for effective over-servicing management and profitability analysis
Conquer over-servicing challenges:
Gain control and insight into client engagements
Stop overservicing in its tracks with Magnetic's comprehensive dashboard, providing you with the tools to effectively monitor and manage client engagements.
Stay informed and in control through Magnetic's intuitive interface, gaining valuable insights into your projects and client relationships for improved efficiency and client satisfaction.
Harness the power of Magnetic's Revenue Forecast feature to gain real-time insights into your monetary performance
Track, analyse, and optimise your business financial health.
Take charge of your firms financial health with Magnetic's intuitive interface. Keep a close eye on billings, monitor budgets for open projects, and factor in potential revenue from upcoming opportunities. With real-time tracking and analysis capabilities, Magnetic empowers you to make informed decisions and drive profitability, ensuring the long-term success of your business.
Magnetic is seamlessly integrated with leading accounting software platforms for streamlined financial management
Magnetic understands the importance of seamless integration with your existing accounting software. That's why we have developed robust integration capabilities with leading accounting software platforms. Whether you're using Sage, Xero, or other popular accounting software, Magnetic can seamlessly sync and exchange data, ensuring a streamlined financial management process.
By integrating Magnetic with your accounting software, you can leverage the power of both platforms together. This integration allows for automatic data synchronisation, eliminating the need for manual data entry and reducing the chances of errors.
Advanced reporting
In addition to the extensive range of built-in reports and dashboards available in Magnetic, we offer you the flexibility to create your own custom reports with our advanced report builder. With this powerful tool, you can design personalized reports using a user-friendly drag-and-drop interface. Tailor your reports to suit your specific needs, incorporating the data and visual elements that matter most to you and your business.
WHAT OUR CLIENTS SAY ABOUT US
Magnetic is very user friendly. I did not get formal training. I just got login details and I started exploring the system, and I did not face any challenges. The support is great and covers all areas of operations, i.e., cost estimates, jobs, reports, customers and suppliers. Like mentioned already, it is an all-in-one system that is easy to use. All is very clear. You can use the system for all including accounting, jobs, cost estimates. It’s a one in all system.
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