Edition: Business + Insights Pro Add-on, Enterprise + Insights Pro Add-on
User-level: Permissions are set at an Organisation level by System Administrators
Who this is for: Finance team, principals, project managers
Dashboard Explained
Monthly project revenue, margin and fee burn over the project lifecycle. Monthly Financials is the time-series view of project financial performance — it shows whether a project was profitable when work was actually done, not just on the final invoice.
How to use it
Use Monthly Financials to review a project's financial history during a project review or post-project analysis. If margin is deteriorating each month despite constant billing, investigate whether staff costs are increasing (e.g. senior staff hours replacing junior) or whether charge is being written down at invoicing. Compare fee consumption rate to the project programme to confirm the project is billing on schedule.
Understanding your data
Key Fields | How it's Calculated |
Monthly Invoiced Revenue | Total revenue from finalised invoices with an invoice date in each calendar month for the selected project |
Monthly Charge | Total chargeable value of time and costs recorded in each month, regardless of whether it has been invoiced |
Monthly Staff Cost | Cost of the hours charged in each month, based on staff cost rates applied to hours recorded on the project |
Monthly Gross Margin | Monthly invoiced revenue minus monthly staff cost. Shows the profitability of invoiced work in each period |
Monthly Gross Margin % | Monthly gross margin divided by monthly invoiced revenue |
Cumulative Fee Consumed % | Running total of invoiced revenue plus WIP divided by agreed fee as at each month end. Shows the rate of fee consumption over the project lifecycle |
Filters
Project: Select an individual project
Stage: Filter to one or more stages within the project
Period: Date range for the monthly view