Project Accounting
Gain visibility and control to stay one step ahead
Maintaining financial control over multiple engagements and projects is challenging — and it’s near impossible if you don’t have visibility into financial performance across the board. Kantata helps you monitor revenue, margins, and costs in real time to identify risks and opportunities.
TRUSTED BY AGENCIES AND PROFESSIONAL SERVICES FIRMS LIKE YOURS
Optimize your cash flow and improve overall financial health with more accurate project forecasting, streamlined invoicing, and timely accounts receivable:
FEATURES
Dynamic Dashboards
Configure to your unique accounting needs and empower project managers with a single source of truth providing reliable, real-time insights into how their decisions impact margins:
- Ensure you always have purchase order cover for upcoming work
- See when fixed-price projects are going beyond scope
- Issue change orders to course correct off-track projects
- Understand burndown and ability to deliver on budget
FEATURES
What-If Modeling
Understand the implications of various possible project paths by modeling different scenarios to see the impact on your margins and profitability:
- Cascade rate and exchange rate changes to all records at once
- Accurately track and maintain rates as they change over time
- Configure a minimum variance threshold for scenario modeling
- Ensure you have the right rates, on the right projects, with the right values
FEATURES
Enterprise Billing Automation
Get paid faster and reduce days sales outstanding (DSO) with powerful billing functionality that’s directly connected to your project management software:
- Close your books faster each month through batch billing
- Keep track of account credits and intercompany accounting
- Include fixed fee, time, and expense items on one invoice
- Set billing and invoice preferences on a per-project basis
FEATURES
Integrate with mission-critical systems
Streamline project management with seamless integration to the leading financial systems:
- Connect to Quickbooks NetSuite, and Intacct
- Help finance teams quickly identify billable activities
- Synchronize the data needed for accurate billing
- Accelerate billing to reduce DSO and optimize cash flow
Integrations
Kantata integrates with the way you work
"Kantata gave us a deeper understanding of our needs and the ability to improve our scopes of work, our client relationships, our projects, and how we run our business."
Rachel Stantliff
Director of Operations, Proclaim Interactive
